Hello, My Brother along with me and my father have taken a home loan for 70 lakhs and all the applicants and co-applicants (both my father and me) are there in the bank provided document of Provisional Certificate for Loan repayment. Now, as my brother has aken a NRI loan, he is not utilising the home loan repayment for Tax declaration. So, I am planning to avail of this oppurtunity as I am also a co-applicant. We pay the amount through an NRI a/c with Citibank and I send the money from ICICI to my father a/c and he pays inthe NRI a/c. ECS is for NRI a/c. Now after getting into a bond with my brother and father that I cna avail 100% Tax declarations for the amount in my company, what are the docs that I need to provide at the finanacial year end to my company? And if my father also wants to avail say 50:50 then how to show that in my Tax decl form now. thanks CHANDU
I am working in IT company and my annual income is below 1L. But every month TDS is deducted from my salary.Now my company has provided me the form 16A. So pls advice me.