Investment proof documents in soft copy

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Hi,

Employer can store the investment proof documents in soft copy. allowed by rules. Right?

Please let us know.

Thanks

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Hi @Anushree

Investment proof documents are usually hard copies of documents. For convenience and data storing purpose usually companies ask employees to send a soft copy and later submit the same in hard copy with signature.

Central govt is yet to take actions to be a greener IT yet. But collecting soft copy is no harm, but mandatory hard copy is must as of now.

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Investments proofs are also available which are Digitally Signed these days and these can be relayed upon while calculating Income Tax for Employees.

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