How can employee add joint owner details in POI for Income from self-occupied property?

Proof of Investment is a yearly process where employees show documents to prove their investments. This is crucial for planning and saving on Income Tax. Including joint owner details for property, and income is important; it confirms ownership, divides income fairly, decides tax benefits, ensures compliance, and cuts down on reporting errors.

To add the joint owner details in the POI for Income from self-occupied property, the employee must perform the following actions:

1. From the greytHR ESS portal, navigate to Salary > Proof Of Investment. The Proof Of Investment page opens.

2. Under POI Components, select Income/loss from house property. The page displays details of Income/loss from house property.

3. In the Income from Self Occupied Property section, under Interest on Housing Loan (Self-Occupied), in the Declare Amount text box, enter the required amount.

4. Select the Property jointly Owned checkbox to enter co-owner details.

5. In the Your share in percentage (%) and Co-owner Name text boxes, enter the required information. 

6. You can view the amount for the selected percentage in the Your Contribution and Co-owner Contribution text boxes. 

7. Click Save to add the joint owner details in POI.

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Related Links:

Video - To watch the POI submission video, click here.

FAQs - To read more FAQs about the POI, click here.

Documentation - To read more about POI submission, click here.

Product Update - To read about the product update, click here.