How to Approve Employee Proof of Investment | Workwisely

Proof of Investment

Once the employees submit the proofs for the Income Under Section 24 for Self-Occupied and Rented, as payroll admin you need to either approve or reject them. To do this,


  • Navigate to Tax and Statutory Compliances → Tax Declaration → Proof of Investment.

  • For both Self-Occupied and Rented, you can view separate cards displaying the status along with the number of employees in each category: Declared, Applied, Returned, Approved, Reopened, and Rejected.

  • Declared – The employee has declared the investment category but has not submitted the proof.The Payroll Admin can send a notification by clicking the Notify button.A pop-up window will appear with a default subject and body for the email.If required, the content can be edited before clicking Send.All concerned employees will receive the notification in their work email.

  • Applied – The employee has declared and submitted proof, and it is awaiting approval.

  • Returned – The Payroll Admin has reviewed the submission and provided comments. The employee needs to take action and resubmit.

  • Reopened – The Payroll Admin has reopened the investment category to allow the employee to update the details.

  • Approved – The submitted proof has been verified and accepted by the Payroll Admin.

  • Rejected – The submitted proof has been reviewed but not accepted, and the claim stands rejected.

Approving Investment Proofs

  • Click on the Applied card. A pop-up window will appear showing the list of employees who have submitted their proof.

  • Select the required employee and click the Proceed button.

  • Review the proof submitted and update the Approve amount.

  • Based on the verification, choose one of the following actions: Approve, Reject, or Return.



Fig: Approve or Reject or Return



Fig: Mail Notification


    • Related Articles

    • Section Investment

      Navigate to Tax and Statutory Compliances → Tax Rules → Section Investment This feature is used to record and manage employees’ declared investments and expenses eligible for tax benefits under various sections of the Income Tax Act. The sections and ...

    • Tax Declaration

      The Tax Declaration module enables employees to declare their planned investments, expenses, and exemptions for the financial year. These declarations help in estimating the projected tax liability under the chosen tax regime (Old or New) and ensure ...

    • Approval for the Tax & HRA Declaration

      Navigate to Tax and Statutory Compliances → Tax Declaration. Choose the appropriate employee record. If the employee has submitted proof for the declared investment category, the Update Status button will be displayed. Click the Edit icon for each ...

    • HRA Declaration

      House Rent Allowance (HRA) Declaration enables employees to declare the rent paid for their accommodation in order to claim tax exemption under the Income Tax Act. Employees are required to provide details such as the landlord's name, address, PAN ...

    • Lock IT Declaration

      You can manage IT Declaration related preferences like releasing IT Declarations, setting a deadline. Navigate to Settings → Tax and Statutory Compliance → IT Declaration. Set the Lock Date in the field Allow employees to submit IT Declaration ...