Add Other Income

Capture the other income details of an employee, which is considered for income tax computations.

Enter the cumulative amount for each type. If there are multiple entries, include only the total value for each income source type. Proof submission is optional for other income information.

Add Other Income

1. As a payroll user, from the home page navigate to Payroll Calculation > Manage Person > Manage Calculation Card > Income Tax Deductions > Complete Investment Declaration > Add Other Income .

2. The details of the attributes captured in this section include:

   S No.	Field	Necessity	Description
   1	Profits and Gains from Business	Optional	Enter the amount from profits and gains in business.
   2	Short term Capital Gains not covered u/s 111A	Optional	Enter the amount from the short term capital gains.
   3	Interest on deposits in Savings bank account	Optional	Enter the interest amount received from deposits in savings bank account.
   4	Interest income from Fixed Deposits	Optional	Enter the interest amount from fixed deposits.
   5	Interest income from recurring deposits	Optional	Enter the interest amount received from the recurring deposits.
   6	Interest Income on NSC	Optional	Enter the interest received from NSC.
   7	Income from any other sources	Optional	Enter the income from any other sources.

3. Click Submit.