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    <title>Form for furnishing details of income under section 392(4)(a) for the purposes of making deduction where income is chargeable under the head &quot;Salaries&quot;</title>
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    <description>Form No. 122 prescribes the statement of employee income for deduction of tax from salaries, requiring particulars of the employee, salary from other employers, salary components, deductions, tax deducted, allowances, perquisites and provident fund accretions. It also requires disclosure of loss under house property, other taxable income, tax deducted at source, and tax collected at source. The annexure specifies valuation of perquisites such as rent-free accommodation, furniture, conveyance facilities, domestic services, concessional travel, other benefits, and excess provident fund contributions and interest.</description>
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    <pubDate>Thu, 26 Mar 2026 11:27:39 +0530</pubDate>
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      <description>Form No. 122 prescribes the statement of employee income for deduction of tax from salaries, requiring particulars of the employee, salary from other employers, salary components, deductions, tax deducted, allowances, perquisites and provident fund accretions. It also requires disclosure of loss under house property, other taxable income, tax deducted at source, and tax collected at source. The annexure specifies valuation of perquisites such as rent-free accommodation, furniture, conveyance facilities, domestic services, concessional travel, other benefits, and excess provident fund contributions and interest.</description>
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