Ipsf 2018-2019 PDF

Online Investment Proof submission Form (IPSF)
Walkthrough - 2018-2019
Market/Division/Tier 3 (Optional) | Practice Group/Tier 4 (Optional)

Proprietary & Confidential (Optional) | Date (Optional) 0
Contents
Locating the IPSF 2018-2019 Link
Section(s) & Item(s) Selection
Section wise Data Entry

▪ Section A HRA
▪ Section B Chapter VI A - Deductions from Total Income
▪ Section C Chapter VIA - Section 80C
▪ Section D Housing Loan (Interest and Principal)
▪ Section E Previous Employer Details
▪ Section G Other Income
IPSF Confirmation
Bar-coded IPSF Report
Forms & Annexure
Scan Image Upload

Content Tracker
Section(s)/Item(s) Selection & Master Information

▪ Section A HRA
▪ Section D Housing Loan
IPSF Confirmation
Forms & Annexure
Scan Image Upload

IPSF 2018-2019 Link
IPSF 2018-2019 Click here

Content Tracker

▪ Section A HRA
IPSF Confirmation
Forms & Annexure
Scan Image Upload
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Proprietary & Confidential
Section & Item Selection
Key Points:
▪ Select (tick) the item within the section for

which you wish to submit proofs, and click on
‘Proceed” .
Note:
▪ If no section is selected, ‘Proceed’ button will
not be enabled.
▪ Selection of Investment categories will not be
allowed after the final confirmation of IPSF.
Click here to
Proceed
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Section & Item Selection
Key Points:
▪ Select (tick) the item within the section for

which you wish to submit proofs, and click on
Read this note ‘Proceed” .
carefully and click
here to proceed
Note:
▪ If no section is selected, ‘Proceed’ button will
not be enabled.
▪ Selection of Investment categories will not be
allowed after the final confirmation of IPSF.
Click here to
Proceed
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All the sections/items
selected, can be viewed
& navigated in this menu bar
Master Information & Employee Options
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ABCPD1234T
Modify the No. of children (if required)

Click here to
Update all the understand the
master details. requirement of
Fields with * the relevant section
are mandatory
Click here to
delete rows
(Except Self)
Click here to
Click here to save all the Click here to view the
add new rows
information next page/section
Key Points:
▪ If PAN is incorrect, please update the PAN using ‘Update PAN’ Link, under “My Personal Details” tab.
▪ Row containing ‘Self’ cannot be deleted.
Note: If you want to select additional Investment categories in any of the sections, while updating IPSF,
Go back to the “IPSF 2018-2019” link on the home page under the Year End tab.
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Master Information – Sample Page
You will receive this
message upon ‘saving’
details on every screen
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ABCPD1234T
Father name is mandatory in

Form 12BB. Update the
Father name if the details are
not available in Dependent
details
Entering Dependents’ details

is a one time activity. This
data will automatically
appear in the other screens
as applicable
Pop up message for

information
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Agenda Tracker

▪ Section A HRA
IPSF Confirmation
Forms & Annexure

Scan Image Upload
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HRA- Rent Payment Details Only Original rent receipts are
valid proofs
Select
Multiple
Landlords
Yes or No
Enter the number

PAN of landlord of documents that
is mandatory if you will submit
Rent Per Month towards this
is greater than section/item
Key Points: 8,333/-
▪ From & To Date must be within 1st April, 2018 to 31st March, 2019
▪ If you have joined the organization after 1st April, 2018, then your DOJ becomes the ‘From Date’
▪ Delhi, Mumbai, Chennai, & Kolkata are ‘Metro’ cities
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Content Tracker

▪ Section A HRA
IPSF Confirmation
Forms & Annexure

Scan Image Upload
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Medical Insurance Premium (U/s 80D)
Details automatically
appear upon selecting the
name basis “Master
Information” screen
Key Points:
▪ Benefit under this section can be claimed for Self, Spouse, Children, & Parents
▪ Late Fee does not qualify for exemption.
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Treatment/Handicapped Dependent (U/s 80DD)
Key Points:
▪ Benefit under this section can be claimed for Dependents only
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Interest on Educational Loan (U/s 80E)
Key Points:
▪ Benefit under this section can be claimed for Self, Spouse, & Children
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Permanent Physical Disability (80U)
Key Points:
▪ Benefit under this section can be claimed for Self only
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Rajiv Gandhi Equity Savings Scheme (80CCG)
Note:
▪ Refer to the next slide for information on Rajiv Gandhi Savings Scheme (80CCG)
▪ Deduction under this section shall be allowed if the purchase date is within the
Financial Year 2015-16 and 2016-17
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Rajiv Gandhi Equity Savings Scheme (80CCG) - Guidelines
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Medical Treatment for Specific Disease (U/s 80DDB)
80
Select the specified

diseases, as certified by
the Specialist
Note:
▪ Form 10 I to be certified by from a neurologist, an oncologist, a urologist, a haematologist, an immunologist or
such other specialist, working in a Government hospital
▪Deduction under this section shall be reduced by the amount received, if any, under an insurance from an
insurer, or reimbursed by an employer.
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Additional National Pension Scheme Contribution (80CCD1B)
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Content Tracker

▪ Section A HRA
IPSF Confirmation
Forms & Annexure

Scan Image Upload
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Contribution to Pension Fund ( 80CCC )
Key Points:
▪ Benefit under this section can be claimed for Self only
▪ Policy should specify that the benefit is eligible u/s 80CCC (Pension).
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Life Insurance Premium
Summary appears
upon saving the LIC
premium details
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Public Provident Fund (PPF)
Key Points:
▪ PPF can be in the name of Self, Spouse, & Children
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National Savings Certificate (NSC)
Key Points:
▪ NSC must be in the name of Self only
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Infrastructure Bonds
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Children Education Tuition fees
Key Points:
▪ Benefit can be claimed on ‘Tuition / Term Fees’ only.
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Equity Linked Savings Scheme (ELSS)
Key Points:
▪ Benefit can be claimed for Self only.
▪ Policy should specify that the benefit is eligible u/s 80C
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Mutual Funds
Key Points:
▪ Statement should specify that the benefit is eligible u/s 80C
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Unit Linked Insurance Plan
Key Points:
▪ Benefit can be claimed for Self, Spouse, & Children
▪ Policy should specify that the benefit is eligible u/s 80C
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National Pension Scheme (NPS)
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Sukanya Sumriddhi Scheme
Key Points:
▪ Benefit can be claimed for Daughter only.
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Term/Fixed Deposit Scheme (Block Period of 5 years)
Key Points:
▪ Term deposits should be for a minimum period of 5 years
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NSC Interest (also considered as Other Income)
Key Points:
▪Benefit can be claimed for Self only.
▪NSC certificate should have been taken on or after April 01, 2011
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Content Tracker

▪ Section A HRA
IPSF Confirmation
Forms & Annexure

Scan Image Upload
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Loss from House Property – Self Occupied
Key Points:
▪ Lender PAN and Address of
Click here to
the Lender is mandatory to
update update.
stamp duty
alone
▪ Interest and Pre EMI-Interest
can be claimed only if the
property has been occupied
before 31st March, 2019;
however, Principal can be
claimed
▪ Stamp Duty/Registration
charges can be claimed if they
are paid in FY 2018-2019
▪ If it’s a Joint Loan, the
percentage of benefit claimed
by the individual must be
specified
▪ Maximum of Rs 50000/-
benefit will be given U/S 80 EE
if the housing loan sanctioned
Date in FY 2016-2017, loan
sanctioned amount should not
exceed Rs 35 lakhs and value
of the property should not
exceed Rs 50Lakhs.
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Loss from House Property – Let Out
Click here to Click here to

update update Let-
stamp duty out Income
alone
Key Points:
▪ Interest and Pre EMI Interest can be claimed
only if the property has been occupied before
31st March, 2019; however, Principal can be
claimed.
▪ Lender PAN and Address of the Lender is
mandatory to update.
▪ If it’s a Joint Loan, the percentage of benefit
claimed by the individual must be specified
▪ Stamp Duty/Registration charges can be
claimed if they are paid in FY 2018-2019
▪ Rental income/notional income is mandatory to
claim tax benefit under this section
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Content Tracker

▪ Section A HRA
IPSF Confirmation
Forms & Annexure
Scan Image Upload
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Previous Employer Details
Update Final taxable income after

all exemptions and deductions.
Key Points:
▪ The information must pertain from 1st April, 2017 to the Date of Leaving with the previous employer.
▪ Proofs to be submitted as per guidelines circulated
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Content Tracker

▪ Section A HRA
IPSF Confirmation
Forms & Annexure
Scan Image Upload
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Other Income
Key Points:
▪ NSC Interest will automatically be considered as Other Income.
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Content Tracker

▪ Section A HRA
▪ Section F Other Exemption
IPSF Confirmation
Forms & Annexure
Scan Image Upload

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IPSF Confirmation Screen
All your inputs

get consolidated
into one
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IPSF Confirmation Process
Key Points:
▪ Confirm gets enabled only after the box

is checked (Step 2)
▪ Once confirmed, the IPSF screens are
non editable.
▪ The IPSF Report gets generated only
after confirming the IPSF (Step 4).
▪ Save and View Option does not confirm
the IPSF, hence, screens are editable
Note:
If you want to select additional
Investment categories in any of the
sections, go back to the “IPSF 2018-
2019” link on the home page under the
Year End tab. This must be done
before confirming the IPSF.
2. Check the box if
you wish to confirm
1. Click OK
to continue
3. Click here if you

wish to save and view
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Proprietary & Confidential 4.Click here to
Confirm and Print
Content Tracker

▪ Section A HRA
IPSF Confirmation
Forms & Annexure

Scan Image Upload
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Printable IPSF
Unique
Barcode
Key Points:
▪ The Printable IPSF has a unique Barcode that identifies

every individual, hence,
▪ Print the IPSF along with the Barcode.
▪ Do not staple/scratch/write on the Barcode
▪ Proofs submitted without the online IPSF (as covering)
will not be accepted
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Printable IPSF Contd…
Signature
mandatory
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Content Tracker

▪ Section A HRA
IPSF Confirmation
Forms & Annexure

Scan Image Upload
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Computation of Income/ Loss from house property Let out.
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Form 12 C
31/03/2017
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Previous Employer Details - Form 12 B
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Annexure
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Annexure Contd…
Key Points:
▪ The IPSF, Forms, Annexure, & supporting documents must be signed.
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Annexure Contd…
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Annexure Contd…
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Annexure Contd…
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Annexure Contd…
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Annexure Contd…
Key Points:
▪ Any deduction through Payslip like PF, VPF and Medical Insurance etc., will be considered directly for Income Tax benefits
and no need of submitting the proof for this.
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Content Tracker

▪ Section A HRA
IPSF Confirmation
Forms & Annexure
Scan Image Upload

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Scan Image Upload
• Please scan the signed copy of IPSF and other annexures (as
applicable).
• Save all scanned images/soft copies in one folder
• Check for all the relevant proofs are scanned/ soft copies are
saved.
• Zip the folder.
• Name the zip file without any space eg:

Correct- “EMPIDIPSF201718.zip”.
Incorrect- “EMPID IPSF 2017 18.zip”
• Open the zipped folder and ensure all the documents are saved
/can open from the zipped folder.
• Log on the link Year End>>Upload IPSF Proof Images.
• Please go through the following slides to upload the zipped file.
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Scan Image Upload
IPSF 2017-18
2018-2019
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Scan Image Upload Contd…
2018-2019
2018-2019
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2018-2019
2018-2019
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2018-2019
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Key Messages
▪ Upload ALL the proofs / annexure as applicable (as per the guidelines) to the IPSF form.
▪ Enclose the proofs in order of the IPSF data filled (section-wise).
▪ Annexure such as Form 12C, Form 12B, etc., should be aligned to the respective proofs.
▪ Sign the IPSF and all the proofs before uploading.
▪ Signed Form 12BB should be uploaded with IPSF and all other proofs
▪ Multiple submission of claims will not be considered.
Note: Proofs submitted beyond the cut-off date / not in line with the guidelines will not be
accounted for income tax calculations
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Thank you
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Ipsf 2018-2019 PDF

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Copyright:

Available Formats

Online Investment Proof submission Form (IPSF)

Market/Division/Tier 3 (Optional) | Practice Group/Tier 4 (Optional)

Locating the IPSF 2018-2019 Link

Section(s) & Item(s) Selection

Section wise Data Entry

Bar-coded IPSF Report

Forms & Annexure

Scan Image Upload

Locating the IPSF 2018-2019 Link

Section(s)/Item(s) Selection & Master Information

Section wise Data Entry

Bar-coded IPSF Report

Forms & Annexure

Scan Image Upload

IPSF 2018-2019 Click here

Locating the IPSF 2018-2019 Link

Section(s)/Item(s) Selection & Master Information

Section wise Data Entry

Bar-coded IPSF Report

Forms & Annexure

Scan Image Upload

▪ Select (tick) the item within the section for

▪ Select (tick) the item within the section for

Modify the No. of children (if required)

Father name is mandatory in

Entering Dependents’ details

Pop up message for

Locating the IPSF 2018-2019 Link

Section(s)/Item(s) Selection & Master Information

Section wise Data Entry

Bar-coded IPSF Report

Forms & Annexure

Enter the number

Locating the IPSF 2018-2019 Link

Section(s)/Item(s) Selection & Master Information

Section wise Data Entry

Bar-coded IPSF Report

Forms & Annexure

Select the specified

Locating the IPSF 2018-2019 Link

Section(s)/Item(s) Selection & Master Information

Section wise Data Entry

Bar-coded IPSF Report

Forms & Annexure

Locating the IPSF 2018-2019 Link

Section(s)/Item(s) Selection & Master Information

Section wise Data Entry

Bar-coded IPSF Report

Forms & Annexure

Click here to Click here to

Locating the IPSF 2018-2019 Link

Section(s)/Item(s) Selection & Master Information

Section wise Data Entry

Bar-coded IPSF Report

Forms & Annexure

Scan Image Upload

Update Final taxable income after

Locating the IPSF 2018-2019 Link

Section(s)/Item(s) Selection & Master Information