User Manual for online submission of investment Proofs
Minds will be able to submit the savings proof online through “Employee Proof Submission” link under
People Hub>Personal Financials>IT Proof.
Check and ensure that the PAN updated is correct.
All Amounts in the Employee Proof Submission to be in Annual figures (Except for Rent Amount)
1. Sec 10 – Rent Paid:
• Please, update the monthly rent amount.
• Please, update the Rent amount in the Serial order. A, B, C.
• Please make use of next fields (B or C) only when there is change in rent amount.
All the fields are mandatory (From Date, City, Monthly rent & Latest Rental address).
• Need not enter “To Date”, the “To Date” will be auto calculated by the system and will be visible after
the Finance Approval.
• Please update the PAN of the Land Lord if Rent paid is Rs.8, 333 per month and above as per Income
Tax Rule.
Example: If the rent paid, is Rs.8000/- from April 21 to March 22, then you should update from date as
4/1/2021 (MM/DD/YYYY). To date which is 3/31/2022 (MM/DD/YYYY) will be automatically updated by
the system after the finance approval.
In case the rent is Rs.8000/- from April 21 to Nov 21 and Rs.9000/- from Dec 21 to Mar 22, please
update from date in row A as 4/1/2021 (MM/DD/YYYY) & rent amount as Rs.8000/-. In addition to that,
in row B update from date as 12/1/2021 (MM/DD/YYYY) & rent amount ad Rs.9000/-. To dates,
12/01/2021 and 3/31/2022 will be automatically calculated by the system after the finance approval.
Make use of sample rent receipt if required.
2. Sec 24 - Interest on Housing Loan:
Update the amount under relevant fields whether ‘Self occupied’ or ‘Let out’.
• In case, of let out property ensure that the rental income is mentioned under the relevant field.
In case of Joint loan, please make the declaration by specifying the ratio of the claim made. In case the %
is not mentioned, no exemption will be provided.
In case both HRA exemption and Housing Loan Interest benefit is claimed where the property is not let
out, self-declaration as per Annexure 1 is mandatory. Click on Annexure 1.
Section 80C Deductions:
PF deducted through payroll (including VPF, if any) will be directly considered for 80 C deductions.
Enter Life insurance policy click “Add Policy details”, fill all the fields, and click the “Add to Total”
Enter the amount in the relevant fields. For SI. No. 15 & 16 need to mention form date and to date of
deposit.
For payment of premiums/SIP after the proof cutoff date declaration as per Annexure 2 is mandatory
along with last year's premium paid receipt. Click on Annexure 2.
4. Section 80 Deductions.
Medical insurance deducted through payroll (If Any) will be directly considered for Sec 80 deductions.
Enter the amount in the relevant fields.
Click on total to arrive at the total after entering the amounts.
5. Previous Employment Details:
Previous employment details will be displayed only if the Mindtree mind has joined in the current
financial year.
As a proof for previous employment income, copy of form 16 or attested copy of the final tax
computation issued by the employer along with form 12B as per Annexure 3 is to be submitted. Click on
Annexure 3.
6. Income from Other Sources:
In case other income is reported, same needs to be supported by Form 12C as per Annexure 4. Click on
Annexure 4.
In case if NSC interest is declared under 80C, it will be automatically picked for Income from NSC interest
and will be added to the taxable income for tax computation.
7. Attachments:
Browse and attach the documents which are to be submitted. Only PDF documents can be attached.
Click on “Upload” to upload the proofs.
Minds have option to save the details updated and modify it later, before submission of Form 12BB.
Mindtree Minds have to select I Agree and then click on Generate Form 12BB
Form 12 BB is a self-declaration of the summary of the investment proofs submitted . This is a
mandatory document as per the Income tax department. Hence, please ensure the Form 12 BB is
generate and scanned copy of the same is uploaded in the proof submission tool after it is duly
singed by you.
Download the form 12 BB sign it, upload it and then click submit to Payroll
Submission without form 12 BB will not be considered valid.
You will not be able to make any changes after the submission.
Please make sure of the confirmation dialog after submission.
Once you submit you will get a confirmation Proof submission mail from Payroll India.
How to view the Approved Proofs?
On Approval of Proofs by the Payroll team, Mindtree Minds will receive a mail from Payroll India with
the details of Approval or rejection if any.
Once the approval mail is received, Mindtree minds will be able to view the approved proofs along with
the approver comments if any, under the same link People Hub>Personal Financials>IT Proof).
