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Form No. 124

Statement showing particulars of claims by an employee for deduction of tax under section 392(5)(b)

Prescribed under rule 205 · Rule 205

Part A: Details of the employee

1.

Name of the employee

(refer Note 1)

2.

Address

(refer Note 2)

3.

Permanent Account Number

4.

Email id

5.

Contact number

Country Code

Number

6.

Tax Year

Part B: Details of claims and evidence thereof

Nature of claim

Particulars

1.

House Rent Allowance:

(i) Name of the landlord

(ii) Address

(iii) Permanent Account Number (refer Note 3)

(iv) Aadhaar Number

(v) Relationship with the landlord, if any

(vi) Rent paid to the landlord

(repeat details of Row No. 1 if required)

2.

Leave travel concessions or assistance

3.

Deduction of interest on borrowing:

(i) Name of the lender

(ii) Address

(iii) Permanent Account Number of

(a) Financial Institutions (if available) or

(b) Employer (if available) or

(c) Others

(iv) Interest payable/paid to the lender

(repeat details of Row No. 3 if required)

4.

Deduction under Chapter VIII-A and B of the Act

(i) Section 123 and 124

(a) Section 123

A 

B 

C 

(b) Section 124

(c) Section 130

(d) Section 131

(e) Other sections (e.g. 129, 133, 137, 153, etc.) un- der Chapter VIII- A and B of the Act

(a) Section

(b) Section

(c) Section

5.

Other details to be attached as annexure

(refer Note 4)

DECLARATION

I, … … … … … … … .., having Permanent Account Number … … … … … . do hereby certify that the information given above is complete and correct.

Place: Signature of the employee: … … … … … …

Date: Name:

Notes:

1. In case of individual, the first, middle and last name shall be provided in full without any abbreviations.

2. The address shall contain i. Country/Region, ii. Flat/Door/Block number iii. Road/Street/Block/Sector, iv. PIN/ZIP Code, v. Post Office, vi. Area/locality, vii. District, viii. State.

3. Permanent Account Number shall be furnished if the aggregate rent paid during the Tax Year exceeds one Lakh rupees.

4. The following details shall be provided as annexures, namely:

Annexure

Particulars

A-1

House rent agreement

A-2

Documents in support of claim of Leave travel concessions or assistance

A-3

Loan agreement

A-4

Documents in support of claim of deduction under Chapter VIII-A and B of the Act

5. Amounts to be filled in ₹ unless otherwise provided.

Source: Income-tax Rules, 2026, Appendix III – notified by the CBDT vide G.S.R. 198(E) dated 20 March 2026. Reproduced for reference; the layout of the official Gazette form may differ slightly. Please verify with the official notification.

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