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To Whomsoever It May Concern: Declaration of The Employee

This document contains declarations from an employee and co-owners/co-borrowers of a housing loan. The employee declares that they jointly own a property purchased with a loan from a bank, for which they are claiming a tax exemption based on declarations from co-borrowers. The co-borrowers then provide their names, relationships to the employee, and percentage of the tax exemption they are claiming for repayment of the loan's principal and interest.

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690 views1 page

To Whomsoever It May Concern: Declaration of The Employee

This document contains declarations from an employee and co-owners/co-borrowers of a housing loan. The employee declares that they jointly own a property purchased with a loan from a bank, for which they are claiming a tax exemption based on declarations from co-borrowers. The co-borrowers then provide their names, relationships to the employee, and percentage of the tax exemption they are claiming for repayment of the loan's principal and interest.

Uploaded by

yashvant
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Declaration by Co-owner(s) of House Property and Co-borrower(s) of Housing Loan (In case both

the owners / borrowers are employees of this organisation, then it should be clearly mentioned)

TO WHOMSOEVER IT MAY CONCERN

Declaration of the Employee:

I, along with the co-borrower(s) mentioned below, availed a loan from ________________________
Bank towards purchase of House/flat. I am a joint owner of the said property and also the co-
borrower of the loan. I am claiming income tax exemption based on the co-borrower(s)’s declaration
given below.

Employee code :

Name :

Company Name :

Signature :

Declaration of the Co-owner(s) / Co-borrower(s) of the employee:

I, being the co-owner of the property and co-borrower of the said loan, am claiming exemption
under the Income Tax Act towards the repayment of principal and interest of the said loan at the
percentage mentioned below.

Particulars Co-borrower 1 Co-borrower 2

Name

Relationship
With the
Employee
% of
Exemption
Claimed #

Signature

Note:
# % of exemption claimed needs to be 0 if the co-borrower is not claiming any exemption.

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