Investment Declaration

POSTED BY Manish ON September 7, 2012 11:25 pm ONE COMMENT

Dear Sir,

I have taken loan of Rs. 8,00,000 from LIC HFL for construction of home. My EMI is Rs. 10,700 per month. I have done the investment declaration for this Financial Year. Now that, I have done a repayment of Rs. 5,00,000 towards principle, kindly let me know if i need to revise the declaration which i have done at the start of this financial year.

Thanks in anticipation.

One reply on this article “Investment Declaration”

  1. Dear Manish, please arrange a fresh provisional interest certificate from LICHFC & submit the same to your employer. Your account people ‘ll do the necessary changes in your tax calculations & you w’d have to pay a higher tax than earlier.

    Thanks

    Ashal

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