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    ICICI Bank Limited Regd. Office: "Landmark", Race Course Circle, Vadodara 390007, India

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    Dr.kailas Gaikwad , MO UPHC Turbhe NMMC
    - Kailash Somnath Gaikwad and Sujata Kailas Gaikwad were granted a housing loan of Rs. 700000 at 7.75% annual interest by ICICI Bank to purchase a flat. - The equated monthly installment (EMI) for the loan period of April 2021 to March 2022 is Rs. 11760, of which Rs. 144888 is the principal amount and the interest amount is Rs. 0. - Deductions can be claimed under Section 24(b) and 80C(2)(xviii) of the Indian Income Tax Act for interest and principal amounts paid respectively, subject to conditions defined in the Act.

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    ICICI Bank Limited Regd. Office: "Landmark", Race Course Circle, Vadodara 390007, India

    Uploaded by

    Dr.kailas Gaikwad , MO UPHC Turbhe NMMC
    66 views1 page
    - Kailash Somnath Gaikwad and Sujata Kailas Gaikwad were granted a housing loan of Rs. 700000 at 7.75% annual interest by ICICI Bank to purchase a flat. - The equated monthly installment (EMI) for the loan period of April 2021 to March 2022 is Rs. 11760, of which Rs. 144888 is the principal amount and the interest amount is Rs. 0. - Deductions can be claimed under Section 24(b) and 80C(2)(xviii) of the Indian Income Tax Act for interest and principal amounts paid respectively, subject to conditions defined in the Act.

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    - Kailash Somnath Gaikwad and Sujata Kailas Gaikwad were granted a housing loan of Rs. 700000 at 7.75% annual interest by ICICI Bank to purchase a flat. - The equated monthly installment (EMI) for the loan period of April 2021 to March 2022 is Rs. 11760, of which Rs. 144888 is the principal amount and the interest amount is Rs. 0. - Deductions can be claimed under Section 24(b) and 80C(2)(xviii) of the Indian Income Tax Act for interest and principal amounts paid respectively, subject to conditions defined in the Act.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    66 views1 page

    ICICI Bank Limited Regd. Office: "Landmark", Race Course Circle, Vadodara 390007, India

    Uploaded by

    Dr.kailas Gaikwad , MO UPHC Turbhe NMMC
    - Kailash Somnath Gaikwad and Sujata Kailas Gaikwad were granted a housing loan of Rs. 700000 at 7.75% annual interest by ICICI Bank to purchase a flat. - The equated monthly installment (EMI) for the loan period of April 2021 to March 2022 is Rs. 11760, of which Rs. 144888 is the principal amount and the interest amount is Rs. 0. - Deductions can be claimed under Section 24(b) and 80C(2)(xviii) of the Indian Income Tax Act for interest and principal amounts paid respectively, subject to conditions defined in the Act.

    Copyright:

    © All Rights Reserved
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    Download as pdf or txt
    of 1

    PROVISIONAL STATEMENT FOR CLAIMING DEDUCTIONS UNDER SECTIONS 24 (b) & 80C (2) (xviii) OF

    THE INCOME TAX ACT, 1961


    To,
    Whomsoever It May Concern,
    This is to state that KAILASH SOMNATH GAIKWAD & SUJATA KAILAS GAIKWAD with Loan Account no
    LBMUM00001067556 / Application Form No.7774636010 has/have been granted a Housing Loan for purchase
    / construction of house property of Rs 700000.00/- @ 07.75% p.a in respect of the following property:
    FLAT NO 202
    2ND FLOOR SHIV TEJ PLAZA
    PLOT NO B 71 SECTOR NO 20
    NERUL NAVI MUMBAI
    -

    The above loan is repayable in Equated Monthly Installments (EMIs) comprising of Principal and interest. The
    break-up of the EMI amount for the above loan into Principal and Interest is as follows:

    Payable from April 2021 to March 2022

    EMI Amount / Prepayment if any


    Rs.11760.00 /-
    Rs.144888.00 /-
    The EMI interest payable from April 2021 to March 2022 is Rs.0.00/-. Please
    Note -
    * Interest and Principal figures are subject to change in case of prepayments and/or change in repayment
    schedule.
    * Deduction under Section 24(b) of the Income-tax Act, 1961, in respect of interest payable on borrowed
    capital can be claimed in accordance with and subject to fulfillment of conditions prescribed under the
    income-tax laws. Interest payable for the pre-acquisition or pre-construction period can also be claimed as
    deduction in five equal instalments beginning with the year the house property is purchased or constructed
    in accordance with and subject to fulfillment of conditions prescribed in section 24(b) of the Income-tax Act,
    1961.
    * Deduction under Section 80C (2) (xviii) of the Income-tax Act, 1961, in respect of payment towards
    repayment of principal can be claimed in accordance with and subject to fulfillment of conditions prescribed
    under the income-tax laws.
    * The utilisation/end use of the loan is as per the Borrowers' discretion, and is required to be in accordance
    with the details provided in the loan application and the undertakings given, if any, in the Loan Agreement,
    which, where such details have been provided, has solely been relied upon.

    For ICICI Bank Ltd.,


    (acting for itself and / or as duly constituted attorney in this behalf of ICICI Home Finance Co. Limited)
    Address of borrower -
    KAILASH SOMNATH GAIKWAD
    243 V M MAHTRE CHAWL
    SECTOR 20 NERUL GAON
    NAVI MUMBAI-400706, NAVI MUMBAI
    Sd/- NAVI MUMBAI 400705 -
    Authorised Signatory
    Statement Generated on : December 28, 2021
    This is a Computer generated Certificate, not requiring signature.

    ICICI Bank Limited Ahmedabad: 6630 9890 Andhra Pradesh: 98495 78000 Assam: 9954108000 Bangalore: 41131877 Bhubaneshwar:
    Regd. Office : "Landmark", 9938488000 Bihar: 9934008000 Chandigarh: 5055700 Chattisgarh: 9893208000 Chennai: 42088000 Coimbatore: 4358000
    Race Course Circle, Cuttack: 9938488000 Delhi: 41718000 Delhi (Mobile): 9818178000 Darjeeling: 9933008000 Goa: 9890478000 Gujarat:
    9898278000 Guwahati: 9954108000 Haryana: 9896178000 Himachal Pradesh: 9816608000 Hyderabad: 23128000 Indore:
    Vadodara 390007, India. 4022005 Jamshedpur: 9934008000 Jharkand: 9934008000 Karnataka : 9845578000 Kerala : 9895478000 Kochi:
    9895478000 Kolkata: 9831378000 Lucknow: 9936218000 Madhya Pradesh: 9893208000 Maharashtra: 9890478000

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