Provisional Certificate of housing loan

Take a declaration from them in this regard.

You have not claim interest on Housing Loan because it is not taken from any Financial Institution or Bank. The Interest amount if less than Bank Interest Rate then it is chargeable as perqusites.

You should take decleration from the employee in form 12c

Mr Hari nath

As firsty , prepare a declaration form of investment then same give to all employees for their investment. About house loan take a certificate from employee which is prepared by Bank in the name of employee in which they mention all the details like Principal amount & interest for the finacial year . As u mention that in provisional certficate two names are mentioned i.e. his & his wife . There is no issue regarding it as both can claim the House loan & interest.

Take the self delclaration from his wife mainly and also from your employee stating that "my wife is not claiming any benefit" in plain paper/Rs.10 NJ stamp paper.