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You can submit details of

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investments made by you for

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investments allowed under Section 80C.

In the table titled "

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Investments under Section 80C", you will see the message "No data found" if there is no prior declaration. If you are creating a new declaration by editing an earlier declaration, you would see values similar to those presented below.
 

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Image Added

As soon as you click on the

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Image Added icon on top-left in

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the table, you will see a row with

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a dropdown appearing inside the table

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from which you can

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select the investment avenue.


You can create as many rows as you wish to enter details of all your insurance premiums paid during the year by clicking the Image Modified icon. If you wish to delete any of the rows, you could do so by clicking on the Image Modified icon at the beginning of the row.


Field

Instruction

Policy No.

Please enter the insurance policy number.

Insured Person

Please enter the name of the insured person for whom the policy has been taken.

Relationship

Please select the relationship of the insured person to yourself from the drop down.

Policy Amount / Sum Assured (Rs)

Please enter the total policy / sum assured amount (in Rs). The amount can have a maximum of two decimal places. Please do not enter the premium information in this field.

Premium

Please enter the total annual premium amount (in Rs). The amount can have a maximum of two decimal places.

Proof Submission for Life Insurance Policies


Investment Under Section 80C

Proof to be submitted

Guidelines

Life insurance premium

Photocopy of all premium receipts issued by the insurance company along with copy of the insurance policy

  • Policy should be issued by a company approved by the Insurance Regulatory and Development Authority (IRDA)
  • Late payment fees charged will not be considered as premium paid
  • Receipts should be of the current year only
  • Policy can be in the name of individual, spouse, & children

Whenever you submit receipts to your organization, amounts in the investment receipts should be the same as the amounts entered in the tax declaration screen of HRWorks.