In addition to our Circular No. FIN-III/Income-Tax Circular/2020 dated November 10, 2020

In addition to Circular No. FIN-III/Income-Tax Circular/2020 dated November 10, 2020, the following needs to be submitted/mentioned without fail:

  1. Permanent Account Number of the lender should be mentioned for those availing Housing Loan/House Building Advance.
  2. The interest payable/paid to the lender should be supported with documentary evidence.
  3. The principal repayment of Home Loan/House Building Advance should be supported with documentary evidence.
  4. Details of investment should be supported with documentary evidence.
  5. Copy of the House Owner PAN Card along with copy of rent receipts should be submitted.
  6. The one day's salary amount that was contributed to PM Care Fund for COVID -19 should be clearly mentioned.
  7. In addition to Sl.No.5, any Contribution made to Charitable Organisation/PM Care Fund/PM National Relief Fund/CM Relief Fund etc. under Section 80G should be supported with documentary evidence.
  8. Teaching and Non Teaching Staff should clearly make a mention as to whether they have claimed refund for Sl No.5 while filing their Income Tax Return for the F.Y. 2019-20 and Assessment Year 2020-21.
  9. Teaching and Non Teaching Staff should clearly mention the amount of leave encashment on LTC received during the Financial Year 2020-21.
  10. Photocopy of PAN Card of individual tax payer should be enclosed.

Published date: 12-11-2020