User Guide

For uploading Actual Proof of

Investments on Mypayroll
 Steps to be followed for uploading Actual Investment documents

Login to Paysquare portal https://mypayroll.paysquare.com/ using your login credentials

From the Home screen Select Investment -> Actual

House Rental –
Click on House Rental tab to update House Rent details

Click on “+” (plus) sign to

upload HRA supporting
documents

Select City

Enter Actual Rent Paid

Click on “+” (plus) sign to

fill the Landlord details
Fill the landlord details by clicking the “Add new “tab.

For Metro City - Select the city - Delhi, Kolkata, Mumbai or Chennai
For Non Metro - Select city as “Other” and update City Name. It is mandatory to update City name in
case of Non Metro

Click on the + (plus) sign as shown above to upload HRA supporting documents. Below screen will
appear.

Click on “Browse” to
attach the document &
Uploaded documents then Click on “Upload”
listed here.
Housing Loan Repayment document submission-

Click on the (+) button, to

update & upload Housing
Loan supporting documents.

Update Housing Loan details and upload Housing Loan supporting documents. The
document upload process is same as mentioned above for all sections

Select whether the Loan is on or After 01/04/1999 or Before 01/04/1999.

New Section 80EE – Available for first loan buyer where home loan is sanctioned in current financial year
2016-17 & Home Loan does not exceed 35 Lakh & Property value does not exceed 50 Lakh, then additional
Rs. 50,000/- interest deduction benefit can be claimed.

To claim 80EE, enter following details:

1. Home Loan Sanction Date

2. Original Home Loan Amount
3. Value of Self Occupied Home Property

Additional housing loan Interest benefit under New Sec 80EEA

Under new section 80EEA a deduction in respect of interest up to 150000 rupees on loan taken for
residential house property from any financial institution subject to the following conditions:

(i) Loan has been sanctioned by a financial institution during the period beginning on the 1st April 2019
to 31st March 2020.

(ii) The stamp duty value of house property does not exceed forty-five lakh rupees

(iii) Assesse does not own any residential house property on the date of sanction of loan.
Chapter VI A
The upload facility is same for all Chapter VI A section. For uploading documents, click on the + (plus)
sign to update amount & upload the supporting documents.

The flags will be automatically selected based on the relationship selected for 80D (Mediclaim) & 80DDB
(Treatment on Specified Diseases).

Relationship to be selected mandatorily, if you select Self, Spouse & Children, the tab (Is Parent Senior
Citizen) would be disabled, If relationship is selected as Parents, then Is Parent Senior Citizen is
mandatory

In 80DDB New tab enabled for Very Senior Citizen were benefit can be availed up to Rs. 80000
Upload document process remains same for below sections

Electric Vehicle Loan Interest benefit under Sec 80EEB

With a view to improve environment and to reduce vehicular pollution, it is proposed to insert a new
section 80EEB in the Act so as to provide for a deduction in respect of interest on loan taken for purchase
of an electric vehicle from any financial institution up to 150000 rupees subject to the following
conditions:

(i) The loan has been sanctioned by a financial institution including a non-banking financial company
during the period

Beginning on the 1st April, 2019 to 31st March, 2023;

(ii) The assesse does not own any other electric vehicle on the date of sanction of loan

(iii) Benefit will be provided only to Pure Electric Vehicle. Hybrid vehicles will not be considered
Investments under Section 80-C
The upload facility is same for all section 80-C. For uploading documents, click on the + (plus) sign to
update amount & upload the supporting documents. Amount deducted /
Recovered from payroll will
be reflect automatically here.
Income from Let out House Property-
Click on “+” sign to update your “income from let out House Property”.

Once you click on “+” sign, pop-up window will get open, and then click on “Add New” button.

You will get below screen, fill up require details, then click on “Save” button.

Once you update all Investment details on portal, click on “Save & Go to Tax Simulation Report” to
view your provisional income tax calculation.

Once you have cross checked all investment, exemption & deductions details in Tax Simulation Report
follow below process:

1. Click on “Yes, I Agree” option

2. Select “Save & Go to Form 12BB”
3. After that you will get system generated Form12BB which you need to signed & submit the same.
 Click here to upload sign &
Form

As per changes in the Income tax act, it is mandatory to submit duly signed Form12BB - Furnishing of
evidence of claims by employee for deduction of tax under section 192.
Please upload Scan image file on the portal as shown below
 You can upload scan sign
image here

You can draw your signature in the blank

area by pressing left key of the mouse.

Click on upload
button to
upload sign

You can also view the Proof submission summary by clicking Save & Show Proof Summary button as
shown above.
Important Notes:

 Employee has to update all documents on the portal only.

 Do not upload password protected files.
 Only .jpg, .jpeg, .gif or .pdf files can be uploaded. Files in other formats will not be accepted.
Only Files less than 5 MB will be accepted.
 The document upload facility is same as mentioned above for all sections. The tabs are also
similar to the Declaration tabs.
 It is mandatory to upload documents for each and every section separately as per the tabs
provided. If all Documents are uploaded in any one section, the investments will not be
considered and might get rejected.
 It is advisable to attach separate files for Separate policies
 User can delete files till the status is “Pending”. Once the Investment is approved, files cannot be
deleted.
 Amounts cannot be modified once the Investment is “Approved