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Showing posts with label Form 12BB. Show all posts
Showing posts with label Form 12BB. Show all posts

Wednesday, 24 July 2019


Each December to February, employers request that their employees submit annual deductions proofs alongside LTA/HRA proofs. The issue there is no standard deduction for the equivalent. Every business has a distinctive arrangement of structures and requests diverse speculation proofs. To conquer this and to give uniform configuration crosswise over associations, Income Tax Department has advised another Form 12BB powerful June 1, 2016.