How to declare home loan investment (principle and interest)

1. You need to provide interest/principal repayment certificate from the lender to the employer.
2. Registration, stamp duty charges and also the repayment of principal can be claimed as deduction u/s 80C

So can bank provide the interest certificate in advance as my emi will start from the next month ?

Also please guide me about LOHP section under 80c section.

You will get HSG loan repayment certificate yearly in the month of April next year.

You need to take this in next AY -2016-17. when you file return in June/July 2016.  

You will get certificate for six months  Oct to March.

relax till then

Thanks for this information.

You can ask your bank to issue a Provisional Certificate for current year (for the purpose of tax planning) and ask them to mention provisional interest and principal amount to be paid by you till 31.03.16. 

A provisional certificate can be issued by the bank which you can give to your employer for claiming deduction. However at the end of financial year, you need to ask for principal and interest certificate for claiming deduction u/s 80C or section 24(b) when assessment is to be considered.

80c is the section for principal payment. In loss from house property interest on loan has to be shown