tax exemption

Tax queries 455 views 3 replies

HI guys,

i recently took  house for which i am paying house loan every month.

i know this comes under section 80C tax exemption.i work for a soft ware firm.

could nybody please help what are all the documents that i hav to submit so that it will cover my  1 lakh tax exemption money?

 

thanks in advance.

Vijay

Replies (3)

u need not submit any docs anywhere.....but u have to retain ur loan statements and bank details abt such payment  as a proof in case a query is been asked by ito.....jst simply file ur return claiming deduction u/s 80c

DIMPY JAIN is correct.

The Loan provider first provides you a provisional certticate which gives break up of  interest and  principal amount of the laon for that financial year .After the financial year is over the loan provider furnishes you the actual interst and Principal break up which you preserve as your records  for preparation of Return but no need to attach the same along with the return


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