Proofs pertaining to current financial year, ie.

2024-25, shall only be considered

Projection shall only be considered, only if the previous payments have been regular, as applicable (monthly, semi annually, qu
Projection may be considered based on previous financial year (2023-24) proofs, subject to the above condition
Declaration required for joint house property loan
Valid rent receipts mandatory to claim HRA exemption. Rental agreements shall serve as secondary evidence
Only current year investments\ payments shall be considered
80EE and 80EEA cannot be claimed together
Certificate 10I\ IA is mandatory for claiming 80DD, 80DDB and 80U alongwith the percentage of disability\ specified disease, s
HRA and repayment of principle and interest may be claimed together subject to self declaration from the employee and prov
ble (monthly, semi annually, quarterly or annually)
above condition

ary evidence

disability\ specified disease, stamp\ seal with sign from medical authority. Also, these sections shall be claimed only for the specified disea
n from the employee and provided both the house on rent and house property for which loan has been taken is situated in different locati
med only for the specified diseases\ disability
n is situated in different locations
S.no Investment head Investments to be in the Maximum amount Guidelines
name of
a) Policy from any company approved by IRDA
b) Interest on late payment will not be considered as premium paid
c) Premium paid receipts should pertain to the current financial year
d) For premium due during Jan 24 to Mar 24, a copy of the premium paid for relevant month of
1 LIFE INSURANCE PREMIUM SELF,SPOUSE & CHILDREN previous year i.e. Financial year 2022-23 may be considered
e) Only premium paid /payable will be considered for deduction and not sum assured
Subject to Section 80C limit of f) Do not consider policy certificate\ schedule\ application
Rs. 1,50,000/- Declaration from spouse that they are not claiming the benefit either for self or for children
a) Copy of stamped challan and PPF Passbook (First page of book where A/c Number & Type, Name is
2 PUBLIC PROVIDENT FUND SELF,SPOUSE & CHILDREN mandatory)
Declaration from spouse that they are not claiming the benefit either for self or for children
a) Certificates should be in the name of employee only.
NATIONAL SAVING
3 SELF
CERTIFICATE b) Copy of the National Saving Certificate purchased during current financial year will be allowed

a) NSC interest declared in relation to the current financial year will be accounted as "Other
INTEREST ON NATIONAL This is not a deduction, hence Income"and taxed accordingly
4 SELF
SAVING CERTIFICATE no limit
b) Copy of all the certificates of the current financial year for which interest is being claimed.
a) Receipts / Statements / SIP/ Bonds / Certificates should pertain to the current financial year
b) Copy of the receipt of investment certificate with details of Name, Investment Date, Amount &
Type of Investment to be enclosed
c) Only the investments made under Tax Savings Fund / Plan will be considered
5 MUTUAL FUNDS SELF
d) In case of SIP the number of instalments will be considered upto Mar 24
e) Amount transferred from other plan to Tax Saving Fund / Plan will not be considered as investment.
f) Acknowledgment of the proposal / application form will not be considered
a) Receipts / Statements / SIP/ Bonds / Certificates should be of the current financial year
b) Copy of the receipt of investment certificate with details of Name, Investment Date, Amount &
Type of Investment to be enclosed
EQUITY LINKED SAVINGS c) Only the investments made under Tax Savings Fund / Plan will be considered
6 SELF
SCHEME d) In case of SIP the number of instalments will be arrived and considered upto Mar 24
e) Amount transferred from other plan to Tax Saving Fund / Plan will not be considered as investment.
f) Acknowledgment of the proposal / application form will not be considered
a) Receipts / Statements / SIP/ Bonds / Certificates should be of the current financial year
b) Copy of the receipt of investment certificate with details of Name, Investment Date, Amount &
Type of Investment to be enclosed
UNIT LINKED INSURANCE c) Only the investments made under Tax Savings Fund / Plan will be considered
SELF,SPOUSE & CHILDREN
PLAN (ULIP)
d) In case of SIP the number of instalments will be arrived and considered upto Mar 24
7 e) Acknowledgment of the proposal / application form will not be considered as proof.
Declaration from spouse that they are not claiming the benefit either for self or for children
a) Only amount mentioned as "Tuition Fee"in the fee receipt will be considered for deduction.
b) Receipts should pertain to the current financial year
Subject to Section 80C limit of
8 TUITION FEES MAXIMUM 2 CHILDREN Rs. 1,50,000/- c) Donation, Capitation Fees, Transport, Development Fee, Socks, Shoes, Books etc are not allowed.
d) Tuition fees paid receipts issued by educational institution.
a) Provisional Certificate from the Housing Finance Company / Bank
b) In case of jointly availed loan, the employee to declare only the amount paid by them, in the
standard declaration format. If no declaration is given, 50% will only be allowable as deduction
c) Statement of account / Schedule of repayment will not be considered
PRINCIPAL REPAYMENT OF
9 SELF d) Interest on Housing Loan paid to parties other than banks / financial institutions will not be
HOUSING LOAN
considered.
e) House Registration Fee (Stamp Duty paid to the Govt) will be considered.
 PRINCIPAL REPAYMENT OF
9 SELF
HOUSING LOAN

f) To submit copy of the Sale Deed & Registration Fee (The property should be in the assessee name
or Joint Names)
a) Time deposit for a period of 5 years or more with a post office is eligible for deduction.
10 5 YEAR - TIME DEPOSIT - SELF b) Deposits made during the current financial year are eligible for deduction
POST OFFICE
c) Copy of the Receipt / Certificate of deposit issued by the Post Office to be considered
a) Tax Saving Term deposit for a fixed period not less than 5 years with a Scheduled Bank is eligible for
FIXED DEPOSITS WITH deduction.
11 SCHEDULED BANKS > 5 SELF b) Deposits made during the current financial year are eligible for deduction
years c) Normal FDs fixed for a term of 5 years will not be considered
d) Copy of the Receipt / Certificate of deposit issued by the Bank to be considered
FIXED DEPOSITS UNDER a) Deposits made during the current financial year under SCSS scheme are eligible for deduction
12 SENIOR CITIZEN SAVING SELF
SCHEME b) Copy of the Receipt / Certificate of deposit issued by the Bank to be considered
DEPOSITS UNDER a) Deposits made during the current financial year are eligible for deduction
ANY GIRL CHILD OF THE
13 SUKANYA SAMRIDDHI b) Copy of the Receipt & Pass book issued by the Bank to be considered (First page of book where A/c
INDIVIDUAL
ACCOUNT Number & Type, Name is mandatory)
a) Policy from any company Approved by IRDA.
b) Interest on late payment will not be considered as premium paid
c) Receipts should pertain to the current finacial year
Subject to Sec 80CCC limit of d) For premium due during Jan 24 to Mar 24, submit a copy of the premium paid for relevant month
INSURANCE - PENSION
14 SELF Rs. 1,50,000/- and overall limit of previous year i.e. Financial year 2022-23.
SCHEME (U/S 80CCC)
of Rs. 1,50,000/- u/s 80CCE e) Premium paid /payable will be considered for deduction and not sum assured
f) Do not consider Policy Certificate\ schedule\ application
g) Copy of all premium paid receipts issued by Insurance Company
Declaration from spouse that they are not claiming the benefit either for self or for children
a) Employee contribution to NPS
Subject to Sec 80CCD (1B) limit
15 NPS (U/S 80CCD (1B)) SELF of Rs. 50,000/- outside the
overall limit of Rs. 1,50,000/- b) NPS statement for the current financial year 2023-24 which states the dates and amounts of
u/s 80CCE contribution

a) Copy of receipt issued by the Insurance Company

Rs. 25,000/- or actual amount,
SELF,SPOUSE & CHILDREN
whichever is less b) Receipts should pertain to the current financial year

Non senior citizens- Rs. c) For premiums due during Jan 24 to Mar 24; previous financial year receipts may be considered
25,000/-
HEALTH INSURANCE DEPENDANT PARENTS
16 else- Rs. 50,000/- or actual
PREMIUM (U/S 80D) amount, whichever is less d) Expenditure for Preventive Health Checkup in included in the total deduction subject to a maximum
of Rs. 5,000 (within the limit of Rs. 25000 or 50000, as the case maybe)
Rs. 50,000/- or actual amount,
whichever is less e) Medical expenditure on the health of a person who is a super senior citizen (Above the age of 80
years) if medi-claim insurance is not paid on the health of such person.

DEPENDANT DISABILITY < Rs. 75,000/- (flat deduction,

80% a) Copy of certificate issued by the competent medical authority in a Govt Hospital with a prescribed
irrespective of the amount
form and manner. Form 10-IA
spent)
MEDICAL TREATMENT ON b) Receipt of the amount paid to LIC / UTI for the policy subject to the condition in this regard.
17 HANDICAPPED
DEPENDANT (U/S 80DD) c) Where condition of disability requires reassessment, fresh certificate to be obtained after its expiry
to continue claiming the deduction
DEPENDANT DISABILITY => Rs. 1,25,000/- (flat deduction,
80% irrespective of the amount Disability covers blindness, low vision, leprosy cured, hearing impairment, locomotor disability,
spent) mental retardation and mental illness. PLEASE REFER Meaning of disability sheet

Non senior citizen- Rs. 40,000/-

or Actual amount - whichever is
less a) Medical Bills / Expenditure incurred by way of medical treatment for a specified disease along with
MEDICAL TREATMENT
a certificate from the Government Hospital in the prescribed Form 10-I.
EXPENSES FOR THE
18 SELF OR DEPENDANTS B) Neurological diseases where the disability level has been certified to be of 40% and above,
SPECIFIED DISEASE - (U/S
malignant cancers, full blown AIDS, chronic renal failure, hematological disorders are covered in
80DDB)
specified diseases. PLEASE REFER RULE 11DD sheet
 a) Medical Bills / Expenditure incurred by way of medical treatment for a specified disease along with
MEDICAL TREATMENT
a certificate from the Government Hospital in the prescribed Form 10-I.
EXPENSES FOR THE
18 SELF OR DEPENDANTS B) Neurological diseases where the disability level has been certified to be of 40% and above,
SPECIFIED DISEASE - (U/S
malignant cancers, full blown AIDS, chronic renal failure, hematological disorders are covered in
80DDB) Senior citizen- Rs. 1,00,000/- or specified diseases. PLEASE REFER RULE 11DD sheet
Actual amount - whichever is
less

a) Higher education - means any course of study pursued after passing the Senior Secondary
Examination or its equivalent from any school, board or university recognized by the Central
Government or State Government or local authority or by any other authority authorized by the
Central Government or State Government or local authority to do so
INTEREST ON LOAN TAKEN
19 No Limit, actual amount paid as
FOR HIGHER EDUCATION SELF,SPOUSE & CHILDREN b) Interest paid on loan taken for higher edcuation, eligible only if loan is availed by the employee
interest may be claimed
(U/S 80E) either for their higher education of that of their relaive
c) Loans availed from FI / Banks are eligible.
d) Actual interest paid in the current financial year will be considered
e) Letter / Certificate from the Bank / Financial Institution

a) Deduction in respect of interest on Housing Loan taken for purchase of residential house from any
INTEREST ON HOUSING financial institution whose stamp duty value does not exceed Rs. 45 lakhs. The individual should not
Rs. 1,50,000/- or actual own any property on the date of sanction of loan and should not claim deduction u/s 80EE
20 LOAN SELF
amount, whichever is less
(U/SEC 80EEA)
b) The loan should be sanctioned by the financial institution between April 1, 2019 to March 31, 2022.

INTEREST ON ELECTRIC a) Deduction in respect of interest on loan taken for purchase of an electric vehicle from any financial
Rs.1,50,000/- or actual amount, institution
21 VEHICLE LOAN SELF
whichever is less
(U/S 80EEB) b) The loan is sanctioned by financial institution during April 1, 2019 to March 31, 2023.
Rs. 75,000/- (flat deduction,
a) Copy of certificate issued by the competent medical authority in a Govt Hospital in prescribed form
irrespective of the amount
and manner. Form 10-IA
DISABILITY < 80% spent)
SELF - DISABILITY (U/S b) Where condition of disability requires reassessment, fresh certificate to be obtained after its expiry
22 to continue claiming the deduction
80U)
Rs. 1,25,000/- (flat deduction, Disability covers blindness, low vision, leprosy cured, hearing impairment, locomotor disability,
DISABILITY => 80% irrespective of the amount mental retardation and mental illness- same as section 80DD. PLEASE REFER Meaning of disability
spent) sheet
Rule 11DD- Specified diseases and ailments for the purpose of
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
a) Hemophilia
b)Thalassaemia
se of Section 80DDB
Meaning of Disability for the purpose of Section 80DD and 80U
•“disability” shall have the meaning assigned to it in clause (i) of section 2 of the Persons with Disabilities (Equal
Opportunities, Protection of Rights and Full Participation) Act, 1995 and includes “autism”, “cerebral palsy” and “multiple
disability” referred to in clauses (a), (c) and (h) of section 2 of the National Trust for Welfare of Persons with Autism,
Cerebral Palsy, Mental Retardation and Multiple Disabilities Act, 1999;

•“disability” means—
i.Blindness
ii.low vision
iii.leprosy-cured
iv.hearing impairment
v.locomotor disability
vi.mental retardation
vii.mental illness;
and 80U