HRA, Chapter VI A - 80CCD, 80C, 80D, Other Income

HRA Details with Landlord / House Owner information for HRA Exemption purpose.

Employee needs to declare "PER MONTH" House Rent amount, which he / she is paying as a Tenant to
his / her Landlord. If Per Month Rent amount is same for whole Financial Year, then kindly mention "Per
Month" Rent amount in One Single Line from Start Date to End Date from 01/04/2020 to 31/03/2021. No
need to create separate line for each month.

If Per Month Rent amount get change in between Financial Year, then you can add a new row.

If Employee's Joining date is after 01/04/2020 then he / she need to declare "PER MONTH" Rent amount
from his / her Joining Date to 31/03/2021.

As per income tax rule if Annual House Rent exceeds Rs. 1,00,000 (Per Month Rent amount Rs. 8,333)
then Employee has to mention PAN number & Address of Landlord and also upload PAN card of
Landlord with Rent Receipts or Rent Agreement as a Proof while declaring HRA Details. If Landlord do
not have PAN card, then employee can declare only Rs. 8,333 Rent per month. Please note, there is No
Specific Format for Rent Receipts. Once you finish all investment declarations then click on Save &
Submit button. Click on OK button on Pop up message. Then click on Generate Report button.
Investment Declaration amounts are reflecting on Left side column "Last Declaration" in PDF copy of
Declaration report. Once Tax Proof team will Approve the amounts after checking your Proofs; then only it
will reflect on "Value of Proof Attached "column.

"EMPLOYEE ONLY HAVE ACCESS TO UPDATE THESE LANDLORD DETAILS."

HRA Exemption is applicable / calculated on the following basis as per Income Tax rule. The Least
among below 3 conditions are applicable for HRA Exemption

1. House Rent Allowance paid by the company

2. Rent paid (Minus - ) 10% of Basic salary

3. For Metro city 50% of Basic Salary, for Non-Metro 40% of Basic salary

(Metro cities- Mumbai, Chennai, Kolkata, Delhi)

 Proofs needs to be Uploaded =

Proof of occupation of the rented house for the period when the house is occupied (Rule 2A read with
Section 10(13A)).

Rent Agreement should be on stamp paper & dully notarized OR Rent Receipts from April - 2020 till
December - 2020 OR till March - 2021 needs to be Uploaded (If date is joining is after 1 st April 2020, then
from the Date of Joining to December-20 or March-21)

Rent Receipt should or Rent Agreement should specify the month, amount of rent paid, landlord name &
address of the rented property.

Chapter VI A - 80CCD

NPS amount, which Employee deposited other than his / her Flexi declarations (Invested by associates
directly in his/her NPS account) for current FY 2020-21 (April-2020 to March-2021) are considered for
exemption U/S 80CCD.

80CCD Exemption is up to Rs. 50,000. This is additional exemption of Rs. 1,50,000 U/S 80C.

Proofs required to be Uploaded = NPS account statement or amount deposit receipt.

Chapter VI A - 80 C
As per Income Tax Rules maximum exemption of Rs. 1,50,000 is allowed U/S 80C. Associate can upload
proofs of premium paid in case of Life Insurance or amount invested in below categories. All the
investment should be in the name of associates except LIC and Sukanya Samriddhi Scheme. LIC
premium paid in respect of spouse and children are allowed for exemption.

1. Contribution to Pension Fund (80CCC) = Copy of receipt or statement issued by the Insurance
Company for FY 2020-21

2. Life Insurance Premium = Copy of receipt or statement issued by the Insurance Company for
FY 2020-21

3. Public Provident Fund (PPF) = Copy of stamped challan or PPF passbook or counterfoil of the
of payment receipt for FY 2020-21.

4. National Savings Certificate (NSC) = Copy of Receipts / Certificates for FY 2020-21

5. Interest Accrued on National Savings Certificate (NSC) = Copy of all the certificates for which
interest is being claimed & Calculation of Interest for FY 2020-21. As per Income tax rules
Interest claimed need to add under other Income.

6. Education - Tuition Fee =

In respect of education, an Employee can claim only TUITION FEES paid for current FY 2020-21
(April-2020 to March-2021) to any university, college, school or any other educational institution.
Other components of fees such as Development fees, Transport fees, Admin fees etc. are NOT
eligible for Exemption U/S 80C. Only TUITION FEE is allowed for Exemption purpose. Only
 Tuition fees paid supported by receipts issued by the school, college, university or educational
institution for FY 2020-21.

7. Mutual Funds / Equity Linked Savings Scheme (ELSS) =

Employee needs to declare amount of Investment in Tax Saving Mutual Funds and / or Equity
Linked Savings Scheme (ELSS) for current FY 2020-2021 (April-2020 to March-2021) under this
Component. Associate need to upload copy of Receipts / Statement from Mutual Funds only for
FY 2020-21.

8. Unit Linked Insurance Plan = Associate need to upload copy of Receipts / Statement for FY
2020-21

9. Notified Post Office Savings Scheme = Associate need to upload copies of Receipts / Pass
Book issued by bank or Post Office for current year only (Apr’20–till date)

10. Housing Loan - Repayment of Principal Amount, Registration Fees, Stamp Duty =
Employee needs to declare Principal amount + Registration Charges + Stamp Duty for current FY
2020-21 (April-2020 to March-2021) under this Component.

Employee need to mention the Institution Name / Bank Name from which he/she have taken
housing loan and PAN Number of Bank in front of Housing Loan - Repayment of Principal
Amount, Registration Fees, Stamp Duty component at serial number 5 below.

Provisional Certificate provided by Housing Finance company / Bank with Interest and Principal
components shown separately for Current FY 2020-21, Registration & Stamp Duty paper for
Current FY 2020-21.

11. Infrastructure Bonds = Copy of Receipts / Statement for FY 2020-21.

12. Fixed Deposit Scheme invested for 5 years.

Employee needs to declare Principal amount which he / she invested in Bank as a Tax Saving
Fixed Deposit amount for current FY 2020-21 (April-2020 to March-2021). Associate need to
upload copy of the Receipt/Certificate issued by the Bank.
13. Sukanya Samriddhi Scheme = Amount invested by associates in his / her daughter’s name
under Sukanya Samriddhi Scheme during current financial year gets consider for exemption U/S
80C. Associate need to upload copy of Receipts / Passbook to avail exemption.

14. Provident Fund = Provident Fund is Auto Approved in the System. No Action is needed from
Employee’s end to get Provident Fund Approve in the PACE HR.

15. Provident Fund Voluntary = VPF is auto Approved in the System. No Action is needed from
Employee’s end to get VPF Approve in the PACE HR.

Chapter VI A – Others

1. Medical Insurance Premium (U/s 80D) =

If Employee has taken Medical policy from Outside Company (Not Tech Mahindra Medical
Policy) for self, spouse and dependent children then he / she need to declare Premium
amount for current FY 2020-21 (April-2020 to March-2021) under this component for which
up to Rs. 25,000 is exempted U/S 80D. Associate need to upload copy of Premium receipt
issued by the Insurance Company for current FY 2020-21.

2. Medical Treatment for Handicapped (U/s 80DD) =

Exemption U/S 80DD is related to Employees Dependents Disability.
As per Income Tax rule, Employee needs to provide Medical Certificate from Government
Hospital to avail exemption U/S 80DD. Employee needs to raise a Call in HUB to avail
exemption U/S 80DD.
80DD Diseases list =
1. Blindness
2. Low vision
3. Leprosy-cured
4. Hearing impairment
5. Locomotor disability
6. Mental retardation
7. Mental illness
8. Autism
9. Cerebral palsy
10. Multiple disabilities

3. Medical Treatment for Certain Diseases (U/s 80DDB) =

Exemption U/S 80DDB is related to Employees Dependents specified diseases.
 As per Income Tax rule, Employee needs to provide Medical Certificate from Government
Hospital OR Medical Certificate from Specialist Doctor confirming the treatment of Disease
with Age Proof of Diseased Person to avail exemption U/S 80DDB.
Employee needs to raise Call in HUB to avail Exemption U/S 80DDB.
80DDB Diseases list = 
(i) Neurological Diseases where the disability level has been certified to be of 40% and
above,
   (a) Dementia.
   (b) Dystonia Musculorum Deformans.
   (c) Motor Neuron Disease.
   (d) Ataxia.
   (e) Chorea.
   (f) Hemiballismus.
   (g) Aphasia.
   (h) Parkinsons Disease.
(ii) Malignant Cancers.
(iii) Full Blown Acquired Immuno-Deficiency Syndrome (AIDS).
(iv) Chronic Renal failure.
(v) Hematological disorders.
   (i) Hemophilia.
   (ii) Thalassemia

4. Interest on Education Loan (U/s 80E) =

Employee needs to declare Education Loan Interest amount for current FY 2020-21 (April-
2020 to March-2021) under this Component. If Education Loan Interest amount is more than
Rs. 2,00,000 then to declare amount under this component Employee needs to raise Call in
HUB. Associate need to upload provisional Certificate for Current FY 2020-21 in which Loan
Interest amount is clearly mentioned.

5. Permanent Physical Disability (U/s 80U) =

To update 80U amount in PACE HR, Every FY associate need to update the amount as per
below steps.
PACE HR >Main Menu > Employee Self Services > Personal Information > Differently Abled -
IND > Enter the Status and Follow the instructions.
Please note, 80U exemption is now updated by HUB team and NOT BY PAYROLL
department. Hence kindly raise a Call in HUB to avail exemption U/S 80U.

6. Medical Insurance Parents 80D =

If Employee has taken Medical policy for his / her parents from Outside organization (Not
from Tech Mahindra) then he / she needs to declare Premium amount for current FY 2020-21
(April-2020 to March-2021) under Medical Insurance Parents 80D.
If Employees Parents are senior Citizen (more than 60 Years age) then Employee needs to
raise Call in HUB. Associate need to upload Premium receipt issued by the Insurance
Company for current FY 2020-21

7. Medical Insurance Parents Thru Salary = If associate have taken Tech Mahindra Medical
policy (Enrolled his /her Parents in Tech Mahindra Medical Policy) and / or avail Top up in
Existing plan then only Premium amount will get recovered from his / her Indian Salary and it
will reflect automatically under Medical Insurance Parents through salary. Proofs are Not
required for Medical Insurance Parents through salary as it will be Auto Approved in the
system.
Please note, If Premium amount is deducted from Employees Onsite salary then, he / she
cannot avail 80D exemption in Indian salary.

Other Income

1. Income from House Property =

Income from House Property is Income and NOT an Exemption. If Employee declares
amount under this component; it will be Added (Not Exempted) in the Gross salary and
TDS will Increase accordingly.

2. Income from Other Sources =

Income from Other Sources is Income and NOT an Exemption. If Employee declares
amount under this component; it will be Added (Not Exempted) in the Gross salary and
TDS will Increase accordingly.

3. Loss from Self-Occupied Property =

Employee needs to declare his / her Self-Occupied Property Loan-Interest amount for
current FY 2020-21 (April-2020 to March-2021) under this component.
As per Income Tax Rule, maximum exemption U/S 24 on Loss from Self-Occupied
Property (+) Loss from Rent property (+) Loss from Deemed Property (Vacant) (TOTAL
OF THESE 3 COMPONENTS) is restricted up to Rs. 2 lakhs (2,00,000) per year.
Employee need to mention the Institution Name / Bank Name and PAN Number of the
Bank from which he/she has taken housing loan in front of Loss from Self-Occupied
Property component & Housing Loan - Repayment of Principal Amount, Registration
Fees, Stamp Duty option.
Refer table, which is there on top right hand side of Tax Savings Declaration IND page
for the same.
Also refer below word file for better understanding.

EMPLOYEE ONLY HAVE ACCESS TO UPDATE THE BANK NAME / INSTITUTION

NAME & BANK'S / INSTITUTION'S PAN NUMBER DETAILS.

Proofs required to be Uploaded = Bank Provisional Certificate for current FY 2020-21

against Loss from Self-Occupied Property Declared amount & Housing Loan -
Repayment of Principal Amount, Registration Fees, Stamp Duty Declared amount.

4. Exemption U/S 80EE =

 80EE exemption is up to maximum Rs. 50,000 in excess of Rs. 2,00,000 U/S 24.
Employee needs to raise Call in HUB to avail Exemption U/S 80EE.
Employee need to mention the Institution Name / Bank Name and PAN Number of the
Bank from which he/she has taken housing loan in front of Exemption U/S 80EE option.
Refer table, which is there on top right hand side of Tax Savings Declaration IND page
for the same.
Once Employee finish all investment declarations then click on Save & Submit button.
Click on OK button on Pop up message. Then click on Generate Report button.
Investment Declaration amounts are reflecting on Left side column Last Declaration in
PDF copy of Declaration report. Once Tax Proof team will Approve the amounts after
checking Proofs uploaded by employee; then only it will reflect on Value of Proof
Attached column.
EMPLOYEE ONLY HAVE ACCESS TO UPDATE THE BANK NAME / INSTITUTION
NAME & BANK'S / INSTITUTION'S PAN NUMBER DETAILS.

5. Loss from Rent Property =

As per Income Tax Rule, maximum exemption U/S 24 on Loss from Self-Occupied
Property (+) Loss from Rent property (+) Loss from Deemed Property (Vacant) (TOTAL
OF THESE 3 COMPONENTS) is restricted up to Rs. 2 lakhs (2,00,000) per year.
Employee needs to raise Call in HUB to avail Loss from Rent Property Exemption.
Employee need to mention the Institution Name / Bank Name and PAN Number of the
Bank from which he/she has taken housing loan in front of Loss from Rent Property
component.
Refer table, which is there on top right hand side of Tax Savings Declaration IND page
for the same. Once Employee finish all investment declarations then click on Save &
Submit button. Click on OK button on Pop up message. Then click on Generate Report
button. Investment Declaration amounts are reflecting on Left side column Last
Declaration in PDF copy of Declaration report. Once Tax Proof team will Approve the
amounts after checking Proofs uploaded by employee; then only it will reflect on Value of
Proof Attached column.
EMPLOYEE ONLY HAVE ACCESS TO UPDATE THE BANK NAME / INSTITUTION
NAME & BANK'S / INSTITUTION'S PAN NUMBER DETAILS.

6. Loss from Deemed Property(Vacant) =

As per Income Tax Rule, maximum exemption U/S 24 on Loss from Self-Occupied
Property (+) Loss from Rent property (+) Loss from Deemed Property (Vacant) (TOTAL
OF THESE 3 COMPONENTS) is restricted up to Rs. 2 lakhs (2,00,000) per year.
Employee needs to raise Call in HUB to avail Loss from Deemed Property (Vacant)
Exemption.
Employee need to mention the Institution Name / Bank Name and PAN Number of the
Bank from which he/she has taken housing loan in front of Loss from Deemed Property
(Vacant) component.
Refer table, which is there on top right hand side of Tax Savings Declaration IND page
for the same. Once Employee finish all investment declarations then click on Save &
Submit button. Click on OK button on Pop up message. Then click on Generate Report
button. Investment Declaration amounts are reflecting on Left side column Last
Declaration in PDF copy of Declaration report. Once Tax Proof team will Approve the
amounts after checking Proofs uploaded by Employee; then only it will reflect on Value of
Proof Attached column.
EMPLOYEE ONLY HAVE ACCESS TO UPDATE THE BANK NAME / INSTITUTION
NAME & BANK'S / INSTITUTION'S PAN NUMBER DETAILS.
 Once Employee finish all investment declarations then click on Save & Submit button.
Click on OK button on Pop up message. Then click on Generate Report button.
Investment Declaration amounts are reflecting on Left side column Last Declaration in
PDF copy of Declaration report. Once Tax Proof team will Approve the amounts after
checking Proofs uploaded by employee; then only it will reflect on Value of Proof
Attached column.

 To avail PREVIOUS EMPLOYER INCOME for Current FY 2020-21, Employee needs to raise
a Call in HUB & attach in that Call, Actual Income Tax computation sheet (Not Estimated /
Provisional) OR Form16 for current FY 2020-21 / AY 2021-22 received from previous
employer in which actual amount of Gross salary, PF & TDS from 1 st April-2020 to till
Employee’s resignation date is get considered. It should be on the Letter head of the
company and / or with Employee’s Previous Company Seal & Authorized Signature.
 Please Don’t upload Previous Employer Income tax computation sheet in the Tax Savings
Declarations IND page directly against any option.

 From FY 2019-20, there is standard deduction of Rs. 50,000 (Less Standard Deduction U/S 16 in
Tax sheet Page No.1. Exemption of Rs. 19,200 for Conveyance allowance and Rs. 15,000 for
medical reimbursement (Medical Non-Taxable) has been removed.

 Donations, Capitation fees etc. related proofs are NOT collected as a part of Investment proof
submission. (Exemption U/S 80G, 80CCG RGESS)

Information for each Component has been mentioned in Tax Savings Declarations IND for better
Understanding. Employee need to click on ? Symbol in Help Column in between 7 to 20 date of the
month till January-2020.

For any Query, Clarifications regarding Investment declarations, TDS, Form 16

kindly raise a Call in HR-HUB as per below link& as per below path.
Intranet - https://hubint.techmahindra.com/arsys/shared/login.jsp?/arsys/
Internet - https://hub.techmahindra.com/arsys

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