Form 12BB Investment Declaration - Learn by Quicko
Form 12BB Investment Declaration - Learn by Quicko
Apr 14, 2021
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How to fill Form 12BB (Investment Declaration)? - Learn by Quicko
How to fill Form 12BB (Investment Declaration)? - Learn by Quicko
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Meenal Goel | Finance on Instagram: "Reminder to send that investment proof to your HR! 🤑 Day 5 - Basics of taxation From Jan–March, employers ask for investment proofs. Miss even one document, and your entire remaining tax gets deducted in one shot — shrinking your take-home pay. What you must submit: • Form 12BB • HRA: Rent receipts + landlord PAN (if rent > ₹1L) • 80C: LIC, ELSS, PPF, tuition fee proofs • 80D: Health insurance receipts • Loans: Interest certificate • NPS: Statement for extra
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bekifaayati on Instagram: "Form 12BAA is a new form introduced by the CBDT to enhance the disclosure of other income sources and tax deducted/collected on the same to employers. It allows employees to report deductions made from various sources of income other than their salaries, such as earnings from fixed deposits, insurance commissions, dividends from equity investments, and taxes collected during significant purchases. It potentially reduces the overall tax deducted and increases the take-h
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