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Showing posts with label What is the Income Tax Form 12BA. Show all posts
Showing posts with label What is the Income Tax Form 12BA. Show all posts

Monday 24 June 2019


Form 12BA is an income-tax statement form which depicts the particulars of prerequisites, other fringe benefits, amenities, and profits in lieu of salary. It particularly highlights the value of such payments and the taxable amount indebted by the beneficiary. This form is rendered to employees along with Form 16. The article looks at form 12BA in terms of its applicability and scope.