The employee is required to submit lender details along with the tax exemption claim form while submitting their IT declaration.
To make the lender details mandatory for IT declaration, the admin must perform the following actions:
From the greytHR Admin portal, navigate to the Settings icon > System Settings > Income Tax > Advanced Settings. The Advanced Settings page opens.
2. From the Financial Year dropdown list, select the relevant year.
3. From the table, select the Enable Lender Name and PAN Mandatory for IT Declaration row and double click the cell under the Value column to enter Yes/No as per your requirements.
4. Click Save to update the changes. A success message appears.
Alternatively, you can also enable the option from the Advance Options page. Learn how to make lender details mandatory for IT declaration here.
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Related Links:
Video - To watch the Income Tax video, click here.
FAQs - To read more FAQs about Income Tax, click here.
Documentation - To read more about Income Tax, click here.
Product Update - To read about the product update, click here.
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