FAQ’s

Tax Investment
&
Reimbursement
Proofs

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Contents
INVESTMENT CLAIMS

 HRA Exemption

 Section 24(b) -Income / Loss on housing Property

 Section 80C – LIC, VPF, PPF, ULIP, Mutual Fund etc.

 Section 80D – Mediclaim Insurance

 Section 80DD –Dependent Disability (Handicapped)

 Section 80E –Education Loan

 Section 80U – Self Disability (Employee)

 Section 80G – Donations

 80EE – Int. on housing loan

 Section 80EEA – Int. on housing loan

 Section 80EEB – Int. on Electric vehicle

 Previous Employment Declaration

 General

REIMBURSEMENT CLAIMS

 Telephone Reimbursement

 Leave Travel Reimbursement ( LTA)

 Vehicle Reimbursement

 Driver Salary

 Child Education Allowance

 Personal Development Reimbursement

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  Professional Development Reimbursement

HRA Exemption

Q1) Is format for rent receipt available in the ESS Portal?

Ans. Yes, it is available in the ESS Portal. You can take print of it & get it filled up by
landlord. Rent receipt should contain the address of the landlord and the property
(Refer tax guidelines in ESS Portal for documents required).

Q2) How can I submit the rent receipts for January, February and March?
Ans. You can submit the rent receipts till December along with a declaration for
future months. (Declaration format available in ESS portal under “Download” option)

Q3) Can I claim rent paid for my family who are staying in a different
location?
Ans. Yes can be claimed provided your base location is the claiming location & rent is
paid by you. However, you are required to claim only one rent payment in a month
(base or current location) & rent receipt should be in your name.

Q4) Can I submit photocopy of the rent receipts as proof?

Ans. Photocopy of the rent receipts will acceptable. You need to submit the rent
receipts with revenue stamp (Except Karnataka Location).

Q5) I am staying in hostel/PG. Can I submit hostel bill towards HRA

exemption?
Ans. Yes. You can submit the original hostel rent receipts to avail HRA exemption.
Please note that only the amount paid towards the stay will be considered. Amount paid
towards food and other services will not be considered for tax exemption.

Q6) I have not declared against rent till now. However I am staying in the
rented accommodation. Can I submit the original rent receipts?
Ans. You can submit the original rent receipts and avail HRA exemption. HRA
exemption will be given only if the amount is allocated against HRA in your CTC
structure.

Q7) What if I don’t provide the declaration from my landlord, will I still get
HRA exemption?
Ans. If the rent paid by you exceed Rs 8,333/ per month then it is mandatory to
provide the landlord’s PAN, without the PAN of the landlord, you will not get HRA
exemption.

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Section 24(b) -Income / Loss on housing Property

Q1) What are the documents I need to submit in order to avail the tax
benefits for housing loan?
Ans. You need to submit Loan certificate issued by the financial institution with break-
up of both interest and principal repayment for the current financial year (April 2022 to
March 2023). Bank statement will not be construed as a proof for providing exemption.

Q2) I have availed housing loan jointly (two or more names in the
certificate). Am I required to submit any additional documents?
Ans. Yes. It is mandatory to submit the Joint loan declaration form duly filled up. (Auto
duly filled format is available in your covering sheet which will be downloaded from ESS
portal). In case of non-submission, the exemption will not be provided.

Q3) I will be taking possession/construction of flat/house in the next

financial year. I am not able to enter the date details to avail housing loan
benefits, Why?
Ans. You can avail the tax benefits only after taking possession/construction of the
flat/house by submitting the House completion certificate.

Q4) In tax declaration page what date should I enter against Possession
Date?
Ans. Possession date is the date on which you have taken possession of the house
from the builder after completion of construction.

Q5) I will be submitting the online soft copy of the housing loan repayment
statement. Is it valid?
Ans. No, online statement is not accepted. However, online repayment certificate with
the bifurcation of Interest & Principal is accepted as a valid proof.

Q6) Can I claim exemption on the HRA as well as the interest paid on
housing loans at the same time?
Ans. Yes, subject to following conditions. HRA & Self Occupied exemption cannot be
claimed simultaneously. However, in the case of deemed let-out property, annual rent
value to be taken as market rent value of the location of property. Only deduction is on
account of interest on housing loan, which is restricted to a maximum of Rs 200,000/-.

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Q7) Explain how to compute Income on house property for my let out/rented
property, which is purchased through housing loan?
Ans. Below is the calculations for claiming housing loan interest on let out/rented
property

A. Rent received - XXX

B. Less: Municipal tax/Property tax paid- XXX
C. Net Annual Value (N.A.V) -(A-B)= XXX
D. Less: Repairs & Maintenance (30% of N.A.V) - XXX
E. Less: Interest on housing loan - XXX
F. Income/Loss from the let out property - (C-D-E)= XXX

This is just the procedure as per the Act

Q8) What proof to be submitted if I’m going to take possession of my house

in the month of Dec/Jan/Feb/Mar?
Ans. You need to obtain a possession certificate from the builder stating that the
possession will be taken in the month of Jan/Feb/March and that certificate should
submit with your investment documents.

Q9) Can I claim stamp duty & registration fees incurred during purchase of
own house?
Ans. Yes, if your property has registered in current FY (2022-23), you can claim the
stamp duty & registration fees along with housing loan principal amount under Section
80C.

Q10) What proof should I submit to claim stamp duty & registration fees?
Ans. You have to produce the registration receipts along with sale deed.

Section 80 C Benefits

Q1) Can I claim the benefit of life insurance premium, which falls due in
January/February/March?
st
Ans. Yes, the benefit for premium payable from 1 Jan 2023 to 31st March 2023 will
be given provided you declare it in 80C Projections and produce a copy of the last year
receipt.

Q2) Can I claim the Life insurance premium paid for my

parents/sister/brother u/s 80C?
Ans. No, Insurance premium paid for self/spouse/children alone are eligible for
deduction u/s 80C. If spouse is claiming the tax benefit, then it is not eligible for
deduction u/s 80C.

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Q3) Will the late fee paid on premium eligible for tax
deduction? Ans. No, it is not eligible for tax deduction.

Q4) What are the documents that need to be submitted against the life
insurance premium paid?
Ans. You can submit photocopy of current year FY 2022-2023 life insurance premium
receipt (online receipt is also accepted) or annual statement issued by your insurer with
all the necessary details.

Q5) I have recently taken the insurance and I am yet to receive the First
Premium Receipt. Can I submit copy of the proposal deposit receipt?
Ans. Copy of the proposal deposit receipt is not adequate. You need to submit the copy
of the first premium receipt to consider as a proof.

Q6) Can you brief out on tax benefits available on investment under
National Savings Certificate (NSC)?
Ans. Subscription in the name of SELF to NSC issued by postal department is
eligible for tax benefit u/s 80C.

Q7) Can I declare NSC accrued interest u/s 80C for tax benefits?
Ans. Yes, NSC accrued interest will be considered for tax benefit u/s 80C. However,
note that such amount will also be taken as other income in your tax computation.

Q8) Is the amount invested in mutual funds eligible for deduction u/s 80C?
Ans. All mutual funds investments are NOT eligible for tax benefits. Only investments
in equity-linked saving schemes (ELSS) and pension plans get deduction u/s 80C within
the overall limit of Rupee 1.5 lakh a year.

Q9) I am yet to receive the account statement from the Mutual Fund. Can I
submit the acknowledgement receipt issued by the Mutual Fund as a proof?
Ans. Acknowledgement receipt issued by the Mutual Fund is not adequate. It is
mandatory to submit the statement issued by the respective Mutual Fund Company to
consider as a proof.

Q10) I am investing Systematic Investment Plan (SIP) on a

monthly/quarterly basis. How can I submit the proof for the remaining
periods of this Financial Year (FY 2022-2023)?
st
Ans. Yes, the benefit for premium payable from 1 January 2023 to 31st March 2023
will be given provided you declare it in 80C Projections and produce a copy of the last
year paid receipt.

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Q11) What are the documents that need to be submitted against Public
Provident Fund (PPF)?
Ans. You can submit current year investment receipt along with the photocopy of
passbook covering page, which displays your name and account no, and transactions
for this financial year 2022-2023. Investments made in the name of employee only will
be considered.

Q12) Can I claim the tax benefit for the PPF invested in the name of my
family members under section 80C?
Ans. Yes, it is restricted to your spouse and children only. However, declaration to the
effect from the Spouse / Children is required mentioning that they will not claim the
benefit with the declaration, if the declaration not provided the exemption will not be
granted. (Declaration format is available in Download option under ESS portal)

Q13) I have Post office Recurring Deposits can I claim tax exemption u/s
80C?
Ans. Post office Recurring Deposit is not considered for tax exemption as per Income
tax act.

Q14) What are the documents that need to be submitted against Pension
Plan Premium paid u/s 80C?
Ans. You can submit photocopy of current year FY 2022-2023 insurance premium
receipt or annual statement issued by your insurer.

Q15) Where to declare PF deducted through pay slip in tax declaration page
to avail tax exemption?
Ans. PF deducted through pay slip will be automatically considered for exemption u/s
80C. You need not have to declare it or provide any supporting for the same separately.

Q16) Where to declare VPF deducted through pay slip in tax declaration page
to avail tax exemption?
Ans. VPF deducted through pay slip will be automatically considered for exemption u/s
80C. You need not have to declare it or provide any supporting for the same separately.

Q17) I am doing a MBA course for which I am paying a tuition fees out of my
income. Can I claim benefit u/s 80C?
Ans. No, tuition fees for any two children’s education paid to a recognized university,
college, school or any other educational institution for full-time education is alone
eligible for tax exemption u/s 80C.

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Q18) Whether donation paid to the school, Administrative Fees, amount paid
towards books, play schools etc can be clubbed with tuition fee to claim tax
benefit?
Ans. Tax benefit is only on Payment of tuition fees for a full time course to any
educational institution within India but excludes development fee or donations/any fees
other than tuition fees. Receipt should clearly state the amount paid as under
respective category for claiming exemption.

Q19) I have invested in fixed deposits (FD) in the name of my spouse and
myself as a joint holder. Am I eligible for benefit?
Ans. No, the individual claiming the benefit should be the Primary / First holder. The FD
amount tenure should be for a minimum of five-year term.

Q20) I have invested in post office term deposits (TD). Am I eligible to claim
tax benefit?
Ans. Yes, post office term deposit which is in the name of self / primary / First holder is
eligible for tax exemption. The term deposit amount tenure should be for a minimum of
five-year term.

Q21) What is the maximum amount allowed u/s 80C for claiming tax
benefit?
Ans. The maximum amount allowed u/s 80C for tax benefit is Rs.150,000/- including
the employee PF and VPF contribution.

Q22) What can I declare u/s 80CCG? – FY 2019-20 onwards 80CCG will not
be exempted as per the income tax act.
Ans. Investment done in any of the eligible securities in accordance with the Rajiv
Gandhi Equity Savings Scheme, it is available to a new retail investor who complies with
the conditions of the Scheme and whose gross total income for the financial year in
which investment is made is less than or equal to twelve lakh rupees.

Q23) What is the maximum amount eligible for deduction u/s 80CCG?
Ans. The maximum amount eligible for deduction u/s 80CCG shall not exceed
Rs.25,000/- which will be 50% of the amount invested in this Scheme. This is over and
above the existing overall limit of deduction on savings of up to Rs.150,000/- u/s
80C.Also this benefit has been removed from the income tax rules for the FY 2019-20
onwards, however you can claim the tax benefit for your previous 2 Financial years (
2016-17 and 2017-18) if you not claimed the benefit for the respective years.

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Section 80D – Mediclaim Insurance

Q1) What are the documents that need to be submitted as a proof against
Medical Insurance?
Ans. You can submit copy of the premium receipt issued by the insurer. Note that only
the actual premium paid by any mode other than cash will be considered and GST also
will be considered for tax benefit. The premium amount paid on
self/parents/spouse/children can be claimed deduction u/s 80D.

Q2) What is the maximum amount allowed u/s 80D for claiming tax benefit?
Ans. The maximum amount allowed u/s 80D for tax benefit is for self, spouse &
children Rs.25, 000/ & additional for parents Rs.25000/- & in case of senior citizens it
is Rs.100000 and if parents are sr citizen and self is less than 60 years maximum limit
is Rs.75000/-.

Q3) Can i avail tax benefit for Master Health Check Up?
Ans. Yes we can avail the tax benefit for the Master Health Check Up. The maximum
amount allowed u/s 80D for tax benefit is for Rs.5000/- and this can be claimed by
submitting the original bills.

Section 80DD –Dependent Disability (Handicapped)

Q1) Can I claim for my handicapped Father/Mother/ Brother/Sister u/s

80DD, who is my dependent?
Ans. Yes. You can claim by submitting Form 10 IA certificate issued by a government
recognized doctor provided with the self-declaration from the brother/sister stating that
they are not earning any amount.

Q2) Can I claim for my handicapped Niece/Nephew u/s 80DD, who is

my dependent?
Ans. No, As per IT rules they cannot be treated as your dependent for claiming the
tax benefits.

Q3) What are the relevant documents I need to submit for claiming 80DD tax
benefits?
Ans. Certificate (Form 10 IA) from a government recognized doctor regarding the
percentage of disability of the dependent and a declaration from the employee stating
the relationship of the disabled & amount spent towards the maintenance should be
submitted as proof for 80DD.

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Q4) What is the maximum amount I can claim under section 80DD?
Ans. If the percentage of disability is 40% to 80% then you are eligible to claim
Rs.75,000/-, if the percentage of disability is 80% and above then you can claim up to
1,25,000/-.

Section 80E – Education Loan

Q1) What is the maximum amount of interest on education loan u/s 80E?
Ans. Interest payment without any limit on education loan will qualify for exemption
u/s 80E. You need to enter the interest amount you would be paying for the financial
year 2022-2023. The bank certificate giving the breakup of interest and principal
repayment along with the self-declaration form should be submitted as proof.
Exemption can be claimed within eight (8) years from the date of availing the
education loan.

Q2) I am repaying the education loan taken for my younger brother. Can
I claim tax benefits u/s 80E?
Ans. No, repayment of education loan in the name of self/spouse/children/legal
guardian alone qualifies for exemption. Loan taken for brother/sister does not qualify
for exemption.

Section 80EE – Deduction for interest paid on home loan

1. Individual can claim this benefit.

2. Amount of loan is up to Rs- 35 Lakhs
3. It shall be your first house property purchased
4. For loan sanctioned between 01 Apr 2016 to 31 Mar 2017.
5. Value of house property is up to Rs-50 Lakhs.
6. Exemption up to Rs. 50000 for every assessment year from 01
Apr 2017 to until the loan is repaid.
Section 80U – Self Disability (Employee)

Q1) What are the documents I need to submit in order to avail the
tax benefits u/s 80U?
Ans. Certificate (Form 10 IA) from a government recognized doctor regarding
the percentage of disability should be submitted as proof for 80U.

Q2) What is the maximum amount I can claim under section 80U?
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Ans. If the percentage of disability is 40% to 80% and above then you are eligible to
claim Rs.75,000/-, if the percentage of disability is above 80% and above then you can
claim up to 1,25,000/-.

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Form 12C – Previous Employment Income

Q1) What do you mean by previous employment salary? Why should I

declare my previous employer salary details?
Ans. Previous employment salary means gross salary earned during the tenure from 1st
April 2022 to your last working day in your previous organization. Previous employment
income is required to arrive at proper tax computation by considering the total salary
earned as well as the total tax paid for the entire financial year. (FY- 1st Apr 2022 to
31st Mar 2023)

Q2) What are the documents that need to be submitted towards tax proof
towards previous employment?
Ans. You need to submit attested tax computation sheet (Full and Final) issued by your
previous employer

Q3) What are the details will be considered from the tax computation
sheet about previous employment?
Ans. We will be considering only salary after section 10, profession tax, provident
fund and income tax deducted from the documents
Total Salary; Salary after Section 10; Profession Tax; PF Contribution; Income Tax
Deducted (TDS)
Note that proofs submitted with the previous employment need not be submitted again

Q4) Will tax be deducted if I declare the amount earned from the previous
employment.
Ans. Tax Liability will be calculated after clubbing the income of the previous employer
with the income of the current company after reducing the tax deducted from previous
employer, if any.

Q5) I have not declared my previous employment income; will there be any
impact of the Tax?
Ans. Yes. There will be tax implications when both the income will be clubbed at the
time of filing your annual return (ITR). You should declare the previous employer
income in your tax declaration page & provide the necessary proofs.

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Telephone Reimbursement
Q1) What is the maximum exemption limit to claim telephone
reimbursement?

Ans. Telephone Reimbursement is exempted the extent of amount provided in your

CTC Structure or bills approved value whichever is lower.

Q2) Can I submit telephone exemption in the name of my family member?

Ans. No. Telephone exemption is not eligible family members. Bills should be name of
the employee only.

Q3) Can I claim telephone reimbursement for more than one number?

Ans. Yes, you can claim for maximum of two numbers. It can be either landline, mobile
or Broadband.

Q4) Can I claim the DTH expenses for exemption under Telephone
reimbursement?

Ans. No. DTH expenses are not eligible to be claimed as exemption.

Q5) How can I submit a proof for prepaid mobile recharge?

Ans. You may submit the recharge statement in case of Online transactions or you
need to submit the recharge voucher with the retailer details clearly mentioning your
name & recharged number for claiming exemption.

Q6) What are the documents to be submitted for telephone reimbursement?

Ans. Original bills of Landline, Mobile or Broadband connection in your name can be
accepted as proofs,(Online bills can be accepted)

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Leave Traval Reimbursement ( LTA)

Q1) What is the amount that can be claimed for LTA?

Ans. LTA is a benefit provided by the employer. Maximum amount of exemption is the
LTA as mentioned in your CTC. However, exemption is provided only the extent of bills
provided or amount in CTC whichever is lower.

Q2) When an employee can claim LTA?

Ans. An employee can claim LTA for 2 years in a block of 4 block years as non-taxable
& remaining 2 claims will be taxable.

Q3) What is a block year in LTA?

Ans. Income tax rules define block year for claiming LTA. Current block is 2022-2023.

Q4) How a year is defined by IT rules for claiming LTA?

Ans. For the purpose of LTA, Income tax act clearly mentions it as calendar year viz.,
st st
1 Jan to 31 Dec of the respective year.
Q5) How many trips an employee is eligible to claim for claiming LTA?

Ans. The employee can claim LTA for only one trip in a year. One cannot claim multiple
trips in a year to claim LTA.

Q6) If an employee does one trip, but visits multiple places, is he eligible to
claim LTA?

Ans. Income tax rule indicates that LTA can be claimed for the shortest distance
between the starting point and farthest point. In between, if there are more places to
st
visit, you can do that & the exemption will be limited to the extent of 1 AC train fare
on the shortest distance for the farthest point.

Q7) Who is eligible to travel along with employee to get LTA benefit?

Ans. The employee can take his spouse, kids and dependent parents, dependent
brother or sister as part of travel to claim LTA benefit.

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Q8) How many kids are eligible to travel to get LTA benefit?

Ans. The exemption will not be available to more than 2 surviving children of an
individual born after 01.10.1998. This restriction shall not apply in respect of children
born before 01.10.1998 and also in case of multiple births after one child. It may be
noted that section 2 (15B) of the Act defines a child as includes a step child and an
adopted child of the individual.

Q9) Can I claim LTA by travelling abroad trip?

Ans. LTA can be claimed for travel taken within India. You cannot claim foreign trip
expenses for LTA benefit.

Q10) What expenses can be claimed under LTA Benefit?

Ans. LTA can be claimed only for ticket cost from starting point to the destination point
and vice versa. One cannot claim food expenses, lodging expenses and other
miscellaneous expenses under LTA claim.

Q11) What mode of travel is eligible for claiming LTA?

 Air - Economy Air fare of national carrier by shortest route to the place of
destination (In case the travel is by private carrier, restriction will be limited to
the extent of air fare of National carrier whichever is less)
  Rail - 1st class AC by shortest route to the place of destination.
 Other modes - 1st class AC or the amount spent, whichever is less will be
exempt

Q12) If an employee travel at the end of the year and returns from a trip
which falls beyond 31st Dec, how does it work?

Ans. In such case, employee needs to consider starting date as a basis and claim for
that calendar year. No exemption of such claim is possible in the current year.

Q13) Do I need to submit a single bill for our trip or multiple bills would be
accepted for LTA?

Ans. LTA benefit is given for a trip. Means, one family is travelling. Ideally, there would
be one bill. However, there are cases where multiple bills would be received for a single
trip (for airfare bills, where a family member agreed to join later and the booking was
made later, but travel date is same of the remaining members). In such case, if the
dates are same bills can be accepted for exemption.

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Vehicle Reimbursement

Q1) What is the exemption limit for Vehicle Reimbursement?

Ans. Where vehicle is owned by the employee, used partly for official and partly for
personal and running charges are borne by employer, exemption can be claimed based
on nature of vehicle:
 If cubic capacity of the car is below 1.6 liters i.e. 1600CC, expenses for use of
the car are considered at the rate of Rs. 1,800/- p.m.

 If cubic capacity of the car is above 1.6 liters i.e. 1600CC, expenses for use of the
car are considered at the rate of Rs. 2,400/- p.m

Q2) What are the documents to be provided to claim exemption?

 RC book copy to verify capacity of the vehicle along with fuel / Repairs &
maintenance / Insurance bills

Q3) Can I claim exemption if RC book is in my spouse or family member

name?

Ans. Your spouse or family member should provide a declaration that you are using the
vehicle for official purpose in order to provide exemption.(Declaration available in ESS
Portal)

Q4) Will exemption be provided in case RC book is not available?

Ans. If RC book copy is not provided, exemption will not be provided for vehicle
reimbursement to the employee.

Driver’s Salary

Q1) Can I claim the salary paid to my driver for tax exemption?

Ans. Yes. You can claim the exemption but will be restricted to the extent of Rs, 900/-
p.m.

Q2) What are the relevant documents to claim exemption?

Ans. Driver's salary voucher (one per quarter) in prescribed format to be submitted as
proof. (Sample format is available in ESS portal).

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Child Education Allowance

Q1) What is the maximum amount of Child education allowance u/s 10?

Ans. Fixed education allowance received from employer is exempted from tax to
the extent of Rs. 100 per month for maximum of 2 children

Q2) What are the relevant documents I need to submit for claiming
child education allowance tax benefits?

Ans. Duly filled in Declaration form should be submitted as proof (Sample format is
available in ESS portal).

Q3) Where should I mention about the children details to claim exemption?

Ans. You need to declare the number of children in the Reimbursement page
available in ESS portal.

Q4) If the child education allowance not provided in my CTC will I get the
tax benefit?

Ans. No, this exemption will be based on you CTC structure.

General:

1. Where can I declare my Tax Declaration?

Ans: 1. Login to your ESS portal https://apps.randstad.in/ourpeople/Login.aspx?link=se with your user ID and
Password provided in your offer letter.

2. Click on the investment declaration in the My Workspace menu.

3. Choose your tax regime (Old tax regime or new tax regime).
4. Declare your HRA, house property and all your investments here.


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