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Investment in Pension Fund

Investment in Pension Fund

 In the table titled "Pension Fund under Section 80CCC", you will see the message, "No data found" if there is no prior declaration. As soon as you click on the  icon on top-left in the table,  you will see a row with blank fields appearing inside the table, where you can enter details of pension investments you have made or will be making for the year.

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

 

Field

Description

Tax rebate

Please select the appropriate tax rebate avenue for which you wish to make the declaration by using the dropdown.

Amount

Please enter the total amount of investment/payment. The amount can have a maximum of 2 decimal places.

 

Proof Submission for Pension Fund Investment

 

Investment under Section 80CCC

Proof to be submitted

Guidelines

Pension Fund

Photocopy of receipt issued by the insurance company

  • Policy from any company approved by IRDA

  • Receipts should be of the current year only

  • Policy should be in the name of individual, spouse and 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.