Form 12B is a document used for providing details of income earned from previous employers during a financial year. It is typically required when an individual changes jobs in the middle of a year and needs to report their income from multiple employers to the current employer or to the Income Tax Department.
The main purpose of the form is to help the new employers get details about their new employees and deduct TDS from the employee's salary for the rest of the financial year.
❓FAQs - To read more about Income Tax, click here.
📃Documentation - To read more about Income Tax declaration, click here.
▶Video - To watch the Income Tax video, click here.
📢Product Update - To read our product update, click here.