KEY ACTION POINTS TO REMEMBER
1. Please give attention to read the Proof submission guidelines carefully and save your income
tax deductions as per provisions allowed.
2. Read those specifics guidelines about Qualifying investment which you would like to
submit and submit documents accordingly.
3. You shall be fully responsible for wrong submissions / proofs which don’t qualifies for tax
benefits. No re-submission is allowed & Tax will be deducted accordingly.
4. Check your PAN: Check your PAN on your Payslip / IT Computation sheet. If any mismatch,
Update your correct PAN in Excelity portal https://ess.excelityglobal.com >>My Personal
Details >> Update PAN link else Income Tax Department will impose huge penalty & also
your Form 16 will not be issued. Either Excelity or HPE will not make any corrections later.
5. Mandatory Submission: As per the Form 12BB requirement, PAN of the Landlord for claiming
HRA Exemption if the rent amount exceeds 8333 INR per month and Lender PAN for claiming
Housing Benefit is Mandatory; proof will not be considered PAN is not available. Even system
will not allow you to submit the details in the IPSF screen.
6. New Tax Regime: Employees who opted New Tax Regime, no Form 12BB would be generated
or collected.
7. No hard copy proof submission: Only scan image upload including rent receipts. No Changes
can be done after submitting the IPSF online, so please be carefully before submitting and
before uploading of documents. Proofs are NOT accepted on email & NOT thru Hard Copies.
8. Rejection of Proof: IPSF covering sheet with annexures (Form 12BB) should be part of the
scan image upload, without which the entire proof will be rejected.
9. Do not upload Secured Proof / Password Protected Proofs: LIC premium receipt soft coy
receipt from LIC of India will be secured with the encryption. In the file header, it will be
mentioned as “Secured”. System will not allow to upload such files. You can see “SECURED”
on the LIC document top left-hand side. Such proof/document should be scanned and upload.
TAKE CARE of this before you upload IPSF, also don’t encrypt with Password / don’t upload
Password protected file.
10. DO NOT UPLOAD INVALID FILE FORMAT: After the scan-image Zip file upload is done, system
will check the files format. In case of invalid file format or corrupted file, an auto-mailer will
be sent to you within 24 hours regarding the image-upload status. If the status is failed, you
are required to verify the images, make necessary changes & re-zip and re-upload the Zip file
again.
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11. Original Proof: Keep all original Investment proof securely and you shall be fully responsible
to produce the necessary further evidence in original to this effect, if required to do so, either
to the company, Internal/External Auditors or to the Income-Tax authorities.
12. Actual Proof Consideration: Income Tax Calculation for January 2021 salary process is based
on the Investment Declaration done by you earlier, even if you have submitted actual
investment proof in December 2020. However, your actual investment proof will be
considered in February 2021 payroll process.
13. Previous Employer Details: If your date of joining in this organization is after 1st April 2020
and would like to declare your previous employment Income, you should also upload the soft
copy of Form 12B that gets generated with the IPSF. (Even if you have already submitted, you
are required to re-submit the same along with the relevant investment proof i.e. copy of
current FY 2020-21 Form 16 / Tax computation and other investment proofs as per guidelines)
14. Inter Entity Transfer - Employee's who are transferred from one legal entity to another legal
entity in the current FY: 2020-21, then they don't have to provide Previous Employment
details (i.e., Tax computation Sheet). Excelity will take care of the same, but investments like
(Housing Loan Interest/Principal, Chapter VIA Deductions and u/s 80C proofs) will have to be
re-submitted in the current entity. (For the entire period for Apr '20 to Mar '21 along with
IPSF covering sheet).
15. ESS Portal Access: Managers are requested to inform their Team Members who do not have
access to e-mails and to employees who are on Maternity leave or on long leave, as the site is
accessible from outside as well.
16. ESS Portal Slowness: Do not submit the proof during the last cut-off date, otherwise; ESS portal
will have slowness with intermittent accessibility issue due to high number of concurrent hits
during the last minute.
17. Donation u/s 80G: Tax exemption for Donations will not be considered and the same can be
claimed while filing your individual return.
18. IPSF Status (Approval & Rejection) report communication will be sent to you during 2rd week
of February 2021 post validating the proof.
19. Proof Submission Cutoff Date is Fixed: There is no further extension of cut-off date or re-
upload options. Please do it right at the first time and avail tax benefits as per I T rules. Else
there are chances for higher income tax deduction as per applicable tax rates.
