What happens if an employee submits IT declaration but is unable to submit POI?

Created by Product Content Team, Modified on Tue, 20 Feb at 3:43 PM by Product Content Team


The Proof of Investment (POI) process involves employees declaring their investments to qualify for tax savings. If employees submit their IT declarations but are unable to provide POI, the income tax is recalculated, and the tax amount is adjusted in the subsequent months. If an employee does not provide proof it also results in higher tax liability.


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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 learn more about POI, click here.

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

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