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

Assistance



Evidence of expenditure 

 

Deduction of interest under the

head “Income from house

property”

 Name, address and PAN of the lender

 
Deduction under Chapter VI-A

 

Evidence of investment or expenditure

 

Learn more here

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

 

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Download Form

 

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