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of <h1>Employees Must Submit Form 12BB Under Rule 26C for Accurate Tax Deduction Calculations and Claims Evidence</h1> Form 12BB is a document mandated by Rule 26C of the Income Tax Rules, which employees must submit to their employer. This form is used for estimating an employee's income or calculating the tax deduction at source. It requires the employee to provide evidence or details of claims such as House Rent Allowance, Leave Travel Concession, deductions for interest on house property, and other deductions under Chapter VIA. This ensures accurate computation of tax liabilities and deductions.
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