To claim Income Tax benefits on housing loan, I had provided copy of provisional statement provided by financing agency for claiming deduction under Sections 24(b) & 80C of the INCOME-TAX ACT,1961 for the period 01/04/2014 to 31/03/2015 to my employer.
In addition employer is asking for following documents:
1- Possession letter of house in which home loan taken
2- Home-Loan Sanction letter
3- Proof of EMI Repayment
4- Self declaration for
* The house property for which EMI is being paid to the is registered in my name
* The property is self occupied for residential propose.
* The property is not rented nor used for any commercial purpose.
* No monetary benefit has been derived from the above property till date.
* Declaration that repayment of housing loan amount is paid out from my income
To what extent demand for this information is genuine
Sandeep
