The Essential List of Proofs for Income Tax Declarations

(Last Updated On: June 1, 2017)
With the approaching new year, the Human Resource Department of your company is all set to roll up their sleeves and email you asking you to submit proofs of your Income Tax Declarations. Submitting proofs for income tax declarations can be a tough time for any salaried person.
But don’t worry, our expert CAs have compiled a list of documents that you’d be required to submit to your HR when they ask you for income tax declaration proofs.

Deduction under section:Deduction for:Investment proof to be submittedMaximum Limit of Deduction
80CLife InsuranceLife insurance Premium slips (in the name of self/spouse/children)Rs 1,50,000
PPFPassbook copy of PPF (Self, Spouse, any child)
Principal Repayment of Housing LoanHome loan Statement reflecting principal amount repayment / Certificate from Bank.
ELSS/Mutual Fund (Tax Saving)ELSS/Mutual Fund Statement
Children Tuition Fees (up to 2 children)Children Education fee receipts
NSCNSC certificate, Interest statements on NSC purchased
Unit linked Insurance Scheme / PlanReceipts /Certificate / Statement of A/c / Copy of pass book of current financial year (Self, Spouse, any child)
Fixed Deposits (Tax Savings)Photocopy of Tax saving FD receipt
Sukanya Samriddhi AccountSukanya Samriddhi Account passbook.
Deferred Annuity PlanProof for the payment made for non-commutable deferred annuity on life of individual himself or spouse or any child.
Subscription to any deposit scheme/pension fund set up by the National Housing Bank (NHB).Subscription proof of deposit scheme or any pension fund or home loan account scheme of National Housing Bank.
80 CCCPension PlanReceipts /Certificate / Statement of A/c / Copy of pass book of current financial year
80 DMedical Health Insurance for self, spouse and childrenMediclaim policy copy or Copy of Premium receipt, Health- Checkup receiptsRs. 25,000/- (for senior citizen, limit is Rs. 30,000/-)
Medical Health Insurance for parentsRs 25,000/- (If parents are senior citizen then limit is Rs. 30,000/-)
80DDExpenditure on Dependents with DisabilityCertificate from Prescribed Authority in Form No. 10-IA or as per the applicable prescribed Form.Rs 75,000 for 40% or more disability.
Rs 125,000 for 80% or more disability.
80UExpenditure on own Disability
80DDBTreatment of Specified DiseasesThe prescription in respect of the diseases or ailments specified diseases by the specialists.Rs. 40,000 (Rs. 60,000 for Senior citizen or Rs. 80,000 for very senior citizen)
24(b)Interest on Housing LoanCertificate from Bank/Home Loan statement, Self- Declaration whether the house is self-occupied or let-out one, submit completion certificate or occupancy certificate for claiming interest paid on housing loan.Rs 30,000/ Rs 2,00,000
HRAHouse Rent Allowance (HRA)Rental agreement or Monthly rent receipts (with Revenue Stamp in case rent is Rs. 5,000/- or more-). In case, annual rent paid is more than Rs 1 Lakh, landlord’s PAN should be quoted. 
80GDonations to specified trustReceipts of donations & PAN of Donee. 
80EPayment of education loan interestCopy of loan certificate reflecting the interest payments 
10 (5)Leave Travel AllowanceTravel tickets. LTA can be claimed twice in a block of four years. The current block is 2014-2017. 
17 (2)Medical ReimbursementOriginal Medical bills (including Parents, Wife/husband, Children)Rs 15,000
OthersIf applicable, submit the necessary proofs

For further details and expert advice on various deductions, check out our blog on deductions.This lists will especially be useful when you file itr.  

Forgot to submit any tax proof to HR department?Don’t worry you can still get income tax refund on excessively paid tax when you file income tax return with the Income Tax Department.


Team Tax2Win