FACULTY OF ENGINEERING & TECHNOLOGY
SRM UNIVERSITY
S.R.M, NAGAR, KATTANKULATHUR -603 203
SRMU/FE&T/CIR/O15/2015-16 Date : 07.01.2016 (Thursday)
CIRCULAR
Sub: SRMU - Faculty of E&T - Accounts Section - Income-Tax -
Submission of this on Salary Income by the Staffs for the year 2015-
16 - Production of Proof for Investments - Instructions Issued.
It Is Informed that, in the circular cited, instructions were already issued for
the submission of proposed investments by Staff in connection with the salary
deduction of Income Tax. Accordingly most of the staff have submitted proposed
investments for the year 2015-16. Based on the proposed investments IT is being
deducted monthly.
The additional instructions given by Central Board of Direct Taxes is as
follows:-
“If Annual Rent paid by the Employee Exceeds Rs.1,00,000/- per
annum, it is mandatory for the employee to report PAN of the Landlord to
the employer”
Therefore, The employees may furnish a photo copy of PAN of the Landlord
(duly self certified by the Landlord that he is the owner of the rented property and
the PAN belongs to him) for claiming HRA exemption U/s 10(13A), if the rent is paid
in excess of Rs.1,00,000/-
‘As you aware that, the financial year 2015-16 is approaching closure, all the
staff members who have submitted their proposed investments are requested to
submit the proof of investment proposals on or before 31.01.2016 to this office for
finalization of TDS on salary income in time.
Liana
Director (
The time specified may be adhered to strictly.
Encl.: 01. Format
Copy to —_Deputy Registrar (E&T)
All Deans & HODs,
Al Principal Co-ordinators,
All Faculty/Staff thro their individual Official mail,
University Librarian
Manager, DTP Section
Asst. Manager (Accounts)
Office file.FACULTY OF ENGINEERING AND TECHNOLOGY,
‘SRM UNIVERSITY, SRM NAGAR, KATTANKULATHUR - 603 203.
ACCOUNTS SECTION
PROOF OF INVESTMENT DETAILS - 01.04.2015 TO 31.03.2016
01 _[Name of the Staff
02 _ [Employee ID No.
03 _|Designation
04 [Department
05 _|PAN No.
06 _|Mobile No.
Details of HRA
SLNo. Particulars Amount
01_ [House Rent (if applicable) - Per Month
Details of Savings
SI. No. Particulars wane Amount
vee (MLY/QLY/HLY/YLY)
01 _ [Uc Premium (Monthly)
02 [LIC Premium (Quarterly)
03 _|LIC Premium (Half Yearly)
04 [LIC Premium (Yearly)
05 _|PPF
06 |NSC
07 Others (Specify name of the investment]
08 [Tuition Fees
09 [Bank Deposit (tax saver - 5 Years)
10 Housing Loan Principle - (01.04.2015 to
}31.03.2016)
Details of Housing Loan
01 |Interest (Period 01.04.2015 to 31.03.2016)
Details of Medical Insurance
ol
Date : Signature of the Staff with date