Tax Declarations: How do I submit Tax Declarations?
Navigate to the “My Payroll” Tab from the panel on the LHS.
The very first thing to make sure is that your Tax regime is selected properly (New/Old)
Then select the specific deduction you want to add from the tabs on this page. For Example, To add an HRA Deduction, click on the “Home Rent” tab
Click on the “Add new” button to add an entry to the type of deduction you want to claim.
For the HRA Deduction, add the relevant details like Monthly Rent, Home Address and Landlord details. Once done, click “Save”
You can similarly add deductions for Section 80 (C, D, B, E, G and U) as well as Interest on Home Loan, LTA (Leave Travel Allowance) apart from HRA.
To know more about what these specific deductions mean and if they apply to you, click on the “Learn More” links next to them
Once you have added all the deductions you can finally download your Form 16 for the respective Financial Year once the admin has generated it.
The very first thing to make sure is that your Tax regime is selected properly (New/Old)
Then select the specific deduction you want to add from the tabs on this page. For Example, To add an HRA Deduction, click on the “Home Rent” tab
Click on the “Add new” button to add an entry to the type of deduction you want to claim.
For the HRA Deduction, add the relevant details like Monthly Rent, Home Address and Landlord details. Once done, click “Save”
You can similarly add deductions for Section 80 (C, D, B, E, G and U) as well as Interest on Home Loan, LTA (Leave Travel Allowance) apart from HRA.
To know more about what these specific deductions mean and if they apply to you, click on the “Learn More” links next to them
Once you have added all the deductions you can finally download your Form 16 for the respective Financial Year once the admin has generated it.
Updated on: 04/08/2024
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