Tax withholding form requiring detailed salary, perquisite valuation and provident fund disclosures for accurate deduction reporting. Form No. 12B requires furnishing employee identification, residential status and a breakdown of salary: total salary, taxable allowances (including house rent and conveyance), perquisites valuation and provident fund accretions, deductions under specified savings provisions, and total tax deducted with the certificate. An annexure details computation of perquisites-rent-free or concessional accommodation (furnished and unfurnished bases), furniture valuation or hire charges, conveyance and motor car benefits, domestic service remuneration, concessional travel, other amenities, and excess employer provident fund contributions and interest-culminating in a total carried to the main form, with employee verification and signature.
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Provisions expressly mentioned in the judgment/order text.
Tax withholding form requiring detailed salary, perquisite valuation and provident fund disclosures for accurate deduction reporting.
Form No. 12B requires furnishing employee identification, residential status and a breakdown of salary: total salary, taxable allowances (including house rent and conveyance), perquisites valuation and provident fund accretions, deductions under specified savings provisions, and total tax deducted with the certificate. An annexure details computation of perquisites-rent-free or concessional accommodation (furnished and unfurnished bases), furniture valuation or hire charges, conveyance and motor car benefits, domestic service remuneration, concessional travel, other amenities, and excess employer provident fund contributions and interest-culminating in a total carried to the main form, with employee verification and signature.
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