Recording investment and other details
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Select “Section 88 Investments” hyperlink in the “Employee Tax Declarations” page.
The “Investments and Other Details” page appears. The system displays the following.
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Employment Unit |
The employment unit to which you are mapped. |
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Date format |
The date format as applicable to the login user |
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Employee Code |
The unique code identifying an employee. |
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Employee Name |
The name of the employee. |
In the “Under Section 88” multiline, enter the following details.
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Rebate Items |
From the drop-down list box select an item for which the employee declares that he desires to invest money. It lists all the items defined in the Income Tax Act and in the “Create Quick Codes” activity for HR General Masters component. |
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Amount Declared |
The amount declared by the employee for the item selected. |
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Proof Submitted For |
The value for which the proof is submitted. |
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Remarks |
Comments, observations or notes if any |
Select the “Save” pushbutton to save the details entered.
Hyperlinked topics below
Use this page to record investment and other details under Section80