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    Income Tax Actual Proof Submission Form Fy 2021 - 2022

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    muralianand92
    The document is an actual proof submission form for tax savings for the year 2021-2022. It outlines various tax deductions that can be claimed under sections of the Indian Income Tax Act such as section 10, 24, 80C, 80D, 80DD, 80U, etc. It specifies the eligibility amounts for each deduction and requires submission of actual proofs to avail the specified tax exemptions. Employees need to submit the proofs by February 15th, 2022 to claim deductions, except for the standard deduction of Rs. 50,000.

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    Income Tax Actual Proof Submission Form Fy 2021 - 2022

    Uploaded by

    muralianand92
    41 views3 pages
    The document is an actual proof submission form for tax savings for the year 2021-2022. It outlines various tax deductions that can be claimed under sections of the Indian Income Tax Act such as section 10, 24, 80C, 80D, 80DD, 80U, etc. It specifies the eligibility amounts for each deduction and requires submission of actual proofs to avail the specified tax exemptions. Employees need to submit the proofs by February 15th, 2022 to claim deductions, except for the standard deduction of Rs. 50,000.

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    Income Tax Actual Proof Submission Form Fy 2021 -2022

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    The document is an actual proof submission form for tax savings for the year 2021-2022. It outlines various tax deductions that can be claimed under sections of the Indian Income Tax Act such as section 10, 24, 80C, 80D, 80DD, 80U, etc. It specifies the eligibility amounts for each deduction and requires submission of actual proofs to avail the specified tax exemptions. Employees need to submit the proofs by February 15th, 2022 to claim deductions, except for the standard deduction of Rs. 50,000.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    41 views3 pages

    Income Tax Actual Proof Submission Form Fy 2021 - 2022

    Uploaded by

    muralianand92
    The document is an actual proof submission form for tax savings for the year 2021-2022. It outlines various tax deductions that can be claimed under sections of the Indian Income Tax Act such as section 10, 24, 80C, 80D, 80DD, 80U, etc. It specifies the eligibility amounts for each deduction and requires submission of actual proofs to avail the specified tax exemptions. Employees need to submit the proofs by February 15th, 2022 to claim deductions, except for the standard deduction of Rs. 50,000.

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    DUCEN IT PRIVATE LIMITED

    ACTUAL PROOF SUBMISSION FORM FOR TAX SAVINGS FOR THE YEAR 2021-2022 ( APRIL 2021 TO MARCH 202
    Name
    Address
    PARTICULARS

    A Deduction U/s 10
    House Rent Paid Rs. ______ per month ( It is mandatory for employee to report PAN of the landlord to the employer if rent paid
    1 is more than Rs. 1,00,000 PA)

    2 Standard deduction of Rs. 50000 u/s 16(ia)

    B Deduction under Section 24


    Interest on Housing Loan

    C Deduction under Chapter VIA


    1 80CCD(1B) National Pension Scheme
    Sec 80D - Medical Insurance Premium/Medical Expenditure
    1. Self & Family (below 60 Years) Rs.25,000/-
    2.Self & Family + Parents ( All below 60 Years) Rs.50,000/-
    3.Self & Family (below 60 Years ) + Parents (above 60 Years) Rs.75,000/-
    2 4.Self & Family +Parents (Both Above 60 years) Rs.1,00,000/-
    3 Sec 80DD - Medical Treatment of a Dependent with Disability ( Normal Disability Rs.75,000/- and Severe Disability Rs.1,25,000/-)
    Sec 80DDB - Medical Expenditure on Self or Dependent Relative for diseases specified in Rule 11DD
    4 ( Above 60 years Rs.1,00,000/- and Other Rs.40,000/-
    5 Sec 80E Interest paid on Loan taken for Higher Education

    6 Sec 80EEA Interest paid on Housing Loan ( for first time home buyers) in addition to Rs. 2 Lakhs under Sec.24
    7 Sec 80EEB Interest paid on Electric Vehicle Loan
    8 Sec 80G - Donations (100% or 50% of the Donated amount or Qualifying limit, Allowed donation in cash upto Rs.2000/-)
    9 Sec 80GGC Contribution to Political Parties (100% of the amount contributed.No deduction available for contribution made in
    cash)
    10 Sec 80TTA Interest earned on Savings Accounts (Individual (Below 60 yrs )
    11 Sec 80TTB nterest Income earned on deposits(Savings/ FDs) Individual (60 yrs or above)
    12 Sec 80U - Handicapped, Individual suffering from a physical disability (including blindness) or mental retardation Rs.75000/-
    – Individual suffering from severe disability Rs. 125000/-

    D Deduction under sec.80C,80CC,80CCD(1) Maximum amount eligible for Exemption Rs 150,000/- Per Anum
    1 Life insurance premium & Annuity plan of LIC or any other notified insurer(Jeevan Dhara, Jeevan Akshay etc.)
    2 Unit Linked Insurance Plan (ULIP) of UTI or ULIP of LIC mutual fund u/s 10(23D) contribution
    3 Employee Contribution PF & Voluntary Provident Fund
    4 PPF (Public Provident Fund) contribution
    5 Tution fees payment
    6 FD above 5 years in schedule banks/ Post Office
    7 Housing loan repayment
    8 Superannuation Fund contribution
    9 Senior Citizen Scheme investment
    10 Sukanya Samridhi Yojna investment
    11 Mutual Funds (Equity Linked Saving Scheme) investment
    12 Stamp Duty & Registration Charges New House Loan
    13 National Saving Certificate (NSC)

    Note:

    1 Actual Proofs to be submitted to Finance Team during Feb. 2022 before 15th
    2 Proofs has to be submitted to all Components except Standard Deduction to avail Tax Exemption
    D

    AR 2021-2022 ( APRIL 2021 TO MARCH 2022)


    Emp code
    Pan Number
    Eligibility Per Annum (in Rs.) Actual Proof (in Rs.) Remarks

    50000

    200000

    50000

    Refer Section 80D

    Refer Section 80DD


    Refer Section 80DDB

    100% of the interest paid upto 8


    assessment years
    50000
    Upto 150000
    On Actual Basis
    On Actual Basis
    upto Rs.10000
    upto Rs.50000

    Rs. 75000 & 125000

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