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Form 12B

RAMESH (Accounts Manager ) (48 Points)

13 November 2018

Kindly send Form 12B format in Excell or Pdf format please do the needful.

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6 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (185468 Points)
Replied 15 November 2018

image/12B in pdf

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RAMESH (Accounts Manager ) (48 Points)
Replied 15 November 2018

Thanks a lot sir

1 Like

S ELAVARASI (ACCOUNTANT) (2975 Points)
Replied 15 November 2018

Originally posted by : Dhirajlal Rambhia
	image/12B in pdf

Which & When it's used...?

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Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (185468 Points)
Replied 15 November 2018

A salaried individual, who joins a new Company in the middle of the Financial Year, is required to submit Form 12b that has the income details of his previous employer.

Due to the change in jobs the situation arises, where the individual may get tax exemption benefits twice i.e., from his previous employer along with the current employer. The employee/individual must ensure that the tax exemptions and deductions are considered only once for that relevant Financial Year.

Below are the details that need to be furnished while submitting form 12b along with the previous Employer details, TAN number / PAN Number

Salary Break-up + Dearness Allowance, House Rent Allowance, Leave Travel Allowance, Leave Encashment, Perquisites etc.
TDS on Salary that is deducted by the Previous Employer
Professional Tax that is paid by the employee in case any,
Deduction for Provident Fund
Any Deduction that is considered against Rent-free accommodation
Deductions under other sections like 80C, 80G, 80D, 80E and Section 24 etc.