ACTUAL INVESTMENT PROOFS SUBMISSION GUIDELINES /

INSTRUCTIONS

1. Deduction u/s 10(13A) - (HRA Exemption):

 Upload only genuine Rent Receipts and in HMCL Format only for the month April

2024 and February 2025 (if HRA Exemption claimed for full financial year). You need

to mail us rent receipt of March 2025, in case your rent amount will changed in March

2025.

 In case there is no change in rental details i.e monthly rent, PAN / Name of Landlord

etc. during the FY 2024-25, period from 01.04.2024 to be filled up in online Form else

date should be, from which rental details has been changed.

 Kindly ensure to fill correct name and PAN of landlord otherwise HRA exemption for

entire financial year will be withdrawn. Upload copy of PAN of landlord along with

rent receipts.

 PAN of Landlord must be linked with his / her Aadhar number otherwise HRA

exemption for entire financial year will be withdrawn.

 Submission of proofs of payment of rent (Rent receipt) for every month of financial

year is a pre-requisite, so keep your rent receipts for every month with you.

 Please be noted that, in the tax assessment of the Landlord and /or tenant, the Income

Tax Officer will be free to make such enquiry as they deem fit for the purpose of

satisfying himself that the employee has incurred actual expenditure on payment of

rent.

 Complete details of Rent payment as provided by employee will be submitted to Income

Tax Department and will accordingly be visible to the Landlord in his/her “Annual

Information Statement” (AIS) maintained by Income Tax Department.

amount exceeding Rs. 50,000/- per month or part of month. In such cases, employee

are required to upload proof of Tax Deduction and deposit the same to the Govt. The

TDS on rent payments by certain individuals or HUFs under Section 194IB is reduced

from 5% to 2%, effective from October 1, 2024.

 Please note that the requirement of linking PAN with Aaddhar has come in effect from

01 July 2023 (as per CBDT circular dated 28 March 2023) and all the consequences on

account of non-linking of PAN with Aadhaar are effective now. In view of this, you are

also requested to share us Screenshots of PAN – Aadhar linking status of your Landlord

PAN along with rent receipts.

 No need to upload Rent Receipt in case company leased accommodation.

2. Deduction u/s 80C/80CCC (Not required if E.P.F. + V.P.F Contribution exceeds

Rs. 1.50 Lac):

 Upload scanned copy of actual savings done in 2024-25 like PPF, Repayment of

housing loan principal, NSC, LIC, ULIP, Tuition Fee, eligible Mutual Fund etc.

 Please check your Tax Computation Sheet to know your E.P.F. contribution and other

proposed Investment Declaration.

3. Deduction u/s 80CCD(1B) - National Pension Scheme (NPS):

 Upload scanned copy of Receipt for self-contribution made during the year u/s

80CCD(1B ) in National Pension Scheme (NPS) so as to provide for an additional

deduction in respect of any amount paid up to Rs. 50,000.

 Upload scanned copy of Medical Insurance Premium including Preventive health

Checkup (Paid by any mode other than cash) for self, spouse, parents and dependent

children for deduction up to Rs.25,000.

 Additional deduction of 25,000 is available if premium paid for Sr. Citizen.

Furthermore, deduction up to 50,000 available incase amount paid on health insurance

of Parents.

 Upload payment proof for premium paid by employee. No Deduction available in case

premium is not paid by employee to the insurance company.

5. Deduction u/s 80DD (Treatment of handicapped wholly or mainly dependent):

Max Rs. 1,25,000 if disability => 80% and of Rs. 75,000/- for disability => 40%

(subject to certificate from medical authority) – for spouse, children, parents, brothers

and sisters of the resident individual.

 Deduction is only available for the taxpayer’s dependent, not for the taxpayer.

 Only residents of India may apply for the deduction.

 The dependent cannot claim this deduction if they have already claimed one for

themselves under section 80U.

 An undivided Hindu family and a resident taxpayer both qualify for a tax deduction

under Section 80DD. A dependent may be eligible for such a deduction.

6. Deduction u/s 80DDB (Medical Treatments of specified disease or ailment): Lower

of Rs. 40,000/- or actual expenditure out of his taxable income (Rs. 1,00,000/- for

treatment of senior citizen i.e. =>60 years) for himself, spouse, children, parents,

brothers and sisters of the resident individual. Section 80DDB provides that if an
 individual or an HUF has incurred medical expenses for treatment of specified disease

or ailment, such expense is allowed as deduction, subject to such conditions and capped

at such amount as specified, under Section 80DDB. Following Medical Treatments are

allowed under Section 80DDB:-

 Diseases that are neurological in nature such as: Ataxia. Dementia. Aphasia.

Dystonia Musculo rum Deformans. Hemiballismus.

 Chronic Renal Failure.

 Malignant Cancers.

 Hematological Disorders such as: Thalassemia. Hemophilia.

 Full Blown Acquired Immuno-Deficiency Syndrome (AIDS)

7. Deduction u/s 80E (Education Loan Interest):

 Actual interest paid out of taxable income - Actual interest repaid during the year on

loan taken Bank., banking company or approved charitable Institution for any filed of

education after 12th class (up to initial 8 years of loan term) for self, spouse or any

child.

 Upload scanned copy of final certificate from Bank for actual Interest on Loan for

Higher Education paid during the F.Y. 2024-2025.

8. Deduction u/s 80G for Donation Paid to PM's / CM's Relief Fund and /or Similar

Fund of Central / State Government:

 Upload scanned copy of receipt issued by the recipient of donation for claiming

deduction under Section 80G.

 The receipt must contain name, address & PAN of the donor as well as recipient of

donation and mentioned eligibility of deduction u/s 80G.

or in kind.

9. Deduction u/s 80U (Treatment of handicapped Employee): Max Rs. 1,25,000 if

disability => 80% and of Rs. 75,000/- for disability => 40% (subject to certificate from

medical authority) – for resident employee.

 Deduction is only available for the taxpayer.

 Only residents of India may apply for the deduction.

10. Deduction u/s 24 (Housing Loan Interest):

 Upload scanned copy of latest certificate from Bank for actual repayment of principal

and Interest during the F.Y. 2024-2025. Also give possession certificate and Ownership

proofs of the house.

 Deduction on Loss from house property will not be allowed if the house property is not

in name of employee / still under construction or loan is taken for purchase of land.

 Please ensure House Property as well as Loan should be in name of employee and loan

repayment should be done by employee only.

 In case the employee is claiming/ eligible for deduction of interest and principal, he/she

cannot avail the benefit of House Rent unless the loan relates to house at native place

and subject to necessary declaration (in HMCL format) provided for this purpose.

 In case of the house property is jointly owned– Each co-owner, who should also be a

co-applicant in the loan, can only claim deduction of interest and principal on the home

loan taken. The total interest paid on the loan is allocated to the owners in the ratio of

their ownership. For example, Let’s understand Rakesh and his brother bought a house
 on loan and paid Rs 2,20,000 in interest. They have a 50:50 share in the property.

Rakesh can claim Rs 1,10,000, his brother can also claim Rs 1,10,000.

 Self-Declaration for House Property Ownership (in HMCL format). In case of the house

property is jointly owned– Each co-owner, who should also be a co-applicant in the

loan, can only claim deduction of interest and principal on the home loan taken

11. Deduction u/s 80EEB (EV Loan Interest repayment):

 The deduction is available on loans sanctioned on or after April 1, 2019, but not later

than March 31, 2023. The maximum loan amount for which the deduction can be

claimed is ₹1.50 Lakhs.

 The loan must be taken from a financial institution or a non-banking financial company

for buying an electric vehicle.

 The deduction is applicable only for loans taken to purchase electric vehicles.

 The taxpayer must be the owner of the electric vehicle for which the loan is taken to be

eligible for the deduction.

 Must submit the interest certificate obtained from the bank.

 “Electric vehicle” has been defined to mean a vehicle which is powered exclusively by

an electric motor whose traction energy is supplied exclusively by a traction battery

installed in the vehicle and has such electric regenerative braking system, which during

braking provides for the conversion of vehicle kinetic energy into electrical energy.

12. Submission of Income from Previous Employer (Form 12B) in case employees

Joined HMCL in FY 2024-25:-

and / or Full & Final Statement for current financial year 2024-25 in case not yet

submitted.