From 1 June 2016

Now it is compulsory for every employee to submit Form 12BB

Only then benefit of Savings and exemption will be available



Details in Form 12BB

Nature of claims

Evidence or particulars


House Rent Allowance


Name, address and PAN of the landlord/landlords where the aggregate rent paid during the previous year exceeds Rs. 1 lakh.



Leave travel concession or


Evidence of expenditure 


Deduction of interest under the

head “Income from house


 Name, address and PAN of the lender

Deduction under Chapter VI-A


Evidence of investment or expenditure


New Form 12BB for Employee Savings and Declaration - Payroll Processing Procedure





  1. Income Tax
  2. Tax Deducted at Source (TDS)

About the Author

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CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 8 years. He provides GST Training in Delhi. Register now.