Actual Investment Declaration for FY 2021-22 – ANNEXURE – 2

Used for OLD REGIME

Subject: Guidelines on Actual Investment Declaration for FY 2021-22 (as applicable).

Please find below guidelines to submit actual investment declaration through Timescape. Upload of
proof is mandatory under actual Investment Declaration as highlighted for relevant investment in the
appended chart.

Section Nature of Deduction Maximum Amt Scanned docs to be uploaded on

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10(13A) House Rent Allowance -  Metro or Non-Metro to be specified
Exemption (Upload in Investment Declaration on based
of proof is Mandatory) on address of rented property.
 Copy of Lease Rent Agreement (First
3 pages & last 3 pages).
 In absence of Lease Rent Agreement,
copy of declaration by the Land Lord
in format attached as Annexure 4
with uploading proofs of ownership
of the Land Lord for rented premises
such as House Tax Receipt or latest
Electricity Bill or Share Certificate in
case of Co-operative Society Houses
with latest maintenance receipt or
any other latest payments made to
statutory authorities.
 PAN of the Land Lord is must on
Lease Agreement OR on Annexure 5 if
Lease agreement is not provided.
Scanned copy of PAN is required to
upload.
 PAN details and copy are must where
rent is above Rs.8,333 per month
(Rs.1,00,000/- per annum).
 Rent receipts to be preserved and
provided in January, 2022.
80C Housing Loan Repayment Rs.1,50,000  Certificate from Financial Institution
(Principal) (Upload of specifying Principal to be recovered
proof is Mandatory) during April 2021 to March 2022.
Certificate should also contain PAN of
the Financial Institution & date of
commencement of Loan.
80C Sukanya Samriddhi Rs.1,50,000 Deposit Receipt or Certificate from
Scheme bank
Section Nature of Deduction Maximum Amt Scanned docs to be uploaded on
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80C Term Deposit with Rs.1,50,000 Deposit Receipt or Certificate from bank
Scheduled Bank for less duly attested by the Bank.
than 5 years as per
scheme notified by
Central Government
80CCD National Pension Scheme  Employee  If Employee applied for rebate of
(Tier 1 A/c) 80CCD(1B)-Rs. 50,000 Rs.50,000 p.a. thru salary deduction.
then they need not submit any proof.
(Contribution to TIER 1
Account is only eligible  If employee has deposited Rs.50,000
for exemption). outside salary (ie on his own), to
claim this rebate then submission of
copies of PRAN Card, NPS
Transaction Statement from
CRA.NSDL.COM website for Tier 1
Account is necessary.

 Employees Own Contribution to

NPS excluding transaction charges
will be considered up to a maximum
of Rs.50,000/- for rebate under
80CCD(1B).

 Employee  Any amount over 50,000/- under

80CCD (1)-Rs.1,50,000 Employees Contribution to NPS thru
Salary will be considered under
80CCD(1) for rebate, subject to
overall limit of 1.50 lacs under
80CCE (including savings under
Section 80C / 80CCC)

 Employer Employer’s Contribution in the

80CCD (2) – 10% of Transaction statement is fully considered
Basic Salary for rebate under Section 80CCD(2) - if it
has been opted through HRD. No
submission of proof is required.
Section Nature of Deduction Maximum Amt Scanned docs to be uploaded on
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24 Loss from Housing  Rs.2,00,000/- if loan  Certificate from Financial Institution
Property availed on or after specifying Interest to be recovered
 Interest on Housing 1st April 1999 from April 2021 to March 2022 (FY
Loan.  Rs. 30,000 if 2021-22) for one house or for two
(Upload of proof is possession not done house, both being self-occupied /
Mandatory) within 5 years of vacant. PAN of the Financial
SELF OCCUPIED - (EITHER loan taken.( or loan Institutions & date of
FOR ONE HOUSE OR FOR taken for Repairs/ commencement of Loans is MUST on
TWO HOUSES, BOTH Renewal) the Certificate.
BEING SELF-OCCUPIED /  Rs.30,000 p.a. if  Possession/Construction completion
VACANT) loans availed before certificate is a must for availing the
1st April 1999. relief.
 Annexure 3 with mandatory details
like date of loan taken and Date of
Possession.
 LOSS ON LET OUT Rs.2 Lacs Per Annum
(GIVEN ON RENT)  If the House for which loan has been
HOUSE availed is let out, then Computation
(Upload of proof is of Loss (if any) from House Property
Mandatory) is to be updated on Investment
Declaration.
 Certificate from Financial Institution
specifying Interest to be recovered
from April 2021 to March 2022 (FY
2021-22). PAN of the Financial
Institution & date of commencement
of Loan is MUST on the Certificate
 Annexure 3A with mandatory details
like date of loan taken, Date of
Possession with certificate of
Possession and other details is also to
upload.
 GAIN ON LET OUT Rs. 2 Lacs Per Annum
(GIVEN ON RENT)  If the House for which loan has been
HOUSE availed is let out then Computation
(Upload of proof is of Gain/Profit (if any) from House
Mandatory) Property is to be updated in
Investment Declaration.
 Certificate from Financial Institution
specifying Interest to be recovered
from April 2021 to March 2022 (FY
2021-22). PAN of the Financial
Institution & date of commencement
of Loan is MUST on the Certificate.
 Annexure 3A with mandatory details
like date of loan taken, Date of
Section Nature of Deduction Maximum Amt Scanned docs to be uploaded on
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80EE Deductions on Home Towards Interest of Rs.  Document covering approval of Loan
Loan Interest for First 50,000 p.a. + Interest of during 1st April, 2016 to 31st March,
Time Home Owners - Rs.2 Lacs paid U/s.24. 2017.
Loan taken to buy house  Certificate from Financial Institution
during FY 2016-17. Property value upto specifying Interest to be recovered
(Upload of proof is Rs.50 Lacs, Loan was from April 2021 to March 2022 (FY
Mandatory) sanctioned below Rs.35 2021-22). PAN of the Financial
Lacs and no residential Institution & date of repayment of
property was owned. interest is MUST on the Certificate.
 Declaration having no other owned
house & non-availing of rebate in any
other section in respect of this
interest.
Section Nature of Deduction Maximum Amt Scanned docs to be uploaded on
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80D Mediclaim Premium Upto Rs. 25,000/- (for  Premium receipt/ Policy copies
(The insurer should be Self, Spouse & clearly mentioning the age and
the employee to avail and Dependent Children). relationship of family members
if not he should furnish a covered.
declaration that the Additional upto Rs. }
premium is paid by him 25,000 for dependent }
from his Bank Account. parents below 60 years } Payment for Premium & for
(Payment of Premium & Preventive } Health Check should not be
for Preventive Health Additional Upto Rs. paid by
Check should not be paid 50,000/- (For } cash and should be paid by cheque/
by cash and should be dependent parents } digital transfer from bank account).
paid by cheque/ digital above 60 years – Senior }
transfer from bank Citizen. Also, Medical }
}
account). expenses are allowed if
}
no coverage under
mediclaim is made.
}
Preventive Health Check- Rs. 5,000 is considered }
up. Introduced in F.Y. for self, Spouse & }
2015-16 Children in overall limit }
of Rs.25,000. }
}
Rs.5,000 is considered }
for dependent Parents } Payment for Premium & for
below 60 Years in Preventive } Health Check should not be
overall limit of paid by
Rs.25,000. } cash and should be paid by cheque/
} digital transfer from bank account).
Rs.5,000 is considered }
for dependent parents }
above 60 Years (Sr. }
Citizen) in overall limit }
of Rs.50,000. }
}

}
}
}
}
}
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Section Nature of Deduction Maximum Amt Scanned docs to be uploaded on
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80DDB Estimated expenses for - Rs. 40,000/-  Certificate in prescribed Form
treatment of Specified Upto Age of 60 Years. No.10-I (Annexure 6) from a
Diseases [AIDS, Cancer, Doctor working in a Government
Thalassaemia, - Rs.1,00,000/- Hospital.
Hemophilia, Chronic Age above 60 years.  Original bills to be submitted before
Renal Failure, Chronic last date.
Neurological Diseases]

80DD Expenses on - Rs. 75,000/-  Attached Certificate as per Annexure

Handicapped Dependant/ If disability is in the 7 - I, II or III as applicable.
Deposit in Specified range of 40% to 80%  No Bills required and deduction is
Institution fixed deduction if handicapped
- Rs.1,25,000/- certificate provided.
If disability exceeds Handicapped family member should
80% not have claimed section 80U rebate
in his income tax returns.
80U Personal Disability (Self) - Rs. 75,000/-  Attached Certificate as per Annexure
If disability is in the 7 - I, II or III as applicable.
range of 40% to 80%  No Bills required and deduction is
fixed deduction if handicapped
- Rs.1,25,000/- certificate provided.
If disability exceeds
80%
80E Interest on Education No Limit on Interest  Certificate for Admission at Education
Loan availed from Paid on this loan. Institute.
Approved Charitable  Certificate from Approved
Institutions & Financial Charitable / Financial Institution
Institution (For Self, specifying Principal & Interest to be
Spouse & Children) for recovered from April 2021 to March
Higher Education in India 2022 (FY 2021-22). Date of
& Abroad. Commencement of Loan and PAN of
(Upload of Proof is the Financial Institution is MUST.
Mandatory)  Other Documents, if any.
 The deduction is available for a
maximum of 8 years, (beginning
the year in which the interest
starts getting repaid) or till the
entire interest is repaid,
whichever is earlier.
Section Nature of Deduction
80TTA Interest received on
deposits (not being time
deposits) in Savings
Account of Banks, Co-
Operative Banks and post
office.
Maximum Amt Scanned docs to be uploaded on
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Rs. 10,000  Statements from Banks and Post
Office specifying interest earned
during the financial year.

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