What happens if the admin does not release POI declaration for employees?

Proof of investment refers to documentation or evidence an employee provides to validate their investments in various financial instruments such as mutual funds, stocks, fixed deposits, or insurance policies. If the admin fails to release the POI declaration, the employees cannot avail the tax benefits or comply with regulatory requirements. These values are also considered in Form 16 Part B.

Looking for More Support?

Find answers and insights across our resources. Refer to our detailed Knowledge Base for in-depth articles, explore our practical video guides, and stay informed with our latest product updates.