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INVESTMENT DECLARATION FORM FOR THE YEAR 202021 Employee Code Employee Name Employee Designation Employee PAN Employee DOBGenderSelect the Tax Scheme to be availed for Financial Year 202021: New Tax
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01
Start by gathering all the required documents such as your income details, bank statements, investment statements, and any other relevant financial information.
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Carefully read the instructions and guidelines provided with the investment declaration form.
03
Fill out your personal details accurately, including your name, address, contact information, and any other required information.
04
Provide details about your previous year's income, including your salary, bonuses, allowances, and any other sources of income.
05
Declare your investments and savings, including details of fixed deposits, mutual funds, stocks, bonds, and any other investment instruments you may have.
06
Ensure you have the necessary proofs and supporting documents for each declared investment.
07
Recheck the filled form before submission to ensure accuracy and completeness.
08
Submit the investment declaration form to the designated authority within the specified deadline.
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Keep a copy of the filled form and all supporting documents for your records.

Who needs investment declaration form for?

01
Individuals who are earning taxable income and have investments or savings are usually required to fill out an investment declaration form.
02
Employees who are eligible for tax deductions, exemptions, or benefits related to their investments and savings need to submit this form to claim those benefits.
03
Companies or organizations may also require their employees to fill out investment declaration forms for payroll purposes and compliance with tax regulations.
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The investment declaration form is used by employees to declare their investments and savings that qualify for tax deductions under applicable income tax laws.
Employees earning income under the Indian Income Tax Act who wish to claim deductions for their investments and expenses must file an investment declaration form.
To fill out the investment declaration form, individuals should provide details of their eligible investments, such as insurance premiums, contributions to retirement funds, housing loan interest, and other specified investments along with supporting documentation if required.
The purpose of the investment declaration form is to notify the employer about the employee's investments and expenses that can help in calculating the correct tax deductions applicable for the financial year.
The information that must be reported includes details of various investments, such as amounts invested, category of investment, and relevant supporting documents to substantiate the claims.
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