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Employee Proof Verification

Verification of employee’s income tax proofs is a serious responsibility of the employer, which is expected to be discharged in accordance with the law. We provide end-to-end solution for proof verification, along with expert resources to assist you during the proof verification process.


We offer two solutions to employee proof verification:

I. Physical proof verification

Activities involved:

  • Collect paper documents (income tax proofs) from the employees
  • Taxspanner professionals will perform below mentioned activities at corporate locations 
    a. Open the corporate IT Declaration utility 
    b. Verify the paper documents submitted by the employees as per employee declaration in the utility
    c. Approve/Reject/Approve with modification in the utility
    d. Note: If the corporate does not have IT Declaration intranet utility, then the data entry is done in spreadsheets
  • Put the paper documents in the boxes provided by corporate 

II. Online (electronic) proof verification
Activities involved:

  • Employees will email scanned documents (income tax proofs) to Taxspanner
  • Taxspanner professionals will perform below mentioned activities at its Central Processing Centre
    a. Open the corporate IT Declaration utility 
    b. Verify the documents emailed by the employees as per employee declaration in the utility
    c. Approve/Reject/Approve with modification in the utility
    d. Note: If the corporate does not have IT Declaration intranet utility, then the data entry is done in spreadsheets
  • Save employee documents in a folder with name “Employee Id”Respond to any employee queries on email


Below table compares the features and cost of physical vs. electronic proof verification for a typical company of 15,000 employees

Comparison of Physical vs. Online proof verification
FeaturePhysicalElectronic
Employee has to take photocopies of documents
YesNo
Cost of document collection (15000 x Rs. 5) = Rs. 0.75 lakh 
YesNo
Employee has to scan (or take digital photo) & email the documents
NoYes
24 hr submission availability
NoYes

Number of A4 papers saved (15,000 x 10) = 1.5 lakh 
Cost of 1.5 lakh papers = Rs. 0.15 lakh 

NoYes
Documented communication with employees for any tax related query
NoYes
Scope of conflict due to submission/non-submission of proofs
YesNo

Cost of storage/security of 1.5 lakh paper documents
(Rs. 5000 p.m. x 84 months) = Rs. 4.2 lakh

YesNo


Email contact@taxspanner.com for demo at your office. The business development team will get in touch with you.

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Very much user friendly! Overall good and easy process..
Deepak
Aricent, Gurgaon
FAQs
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