Form 12b

It's the employees responsibility to file form 12B with the new employer and not the previous employer responsibility.

You just need to file it using your salary slips you can get some samples just by typing it on Google.

Do you have your full and final settlement calculation and tax calculation provided by old employer.

You can download form 12B and fill it up yourself. Let me know if you don't understand how to fill.

Basically, you need to provide following details:

• Salary Break-up + Dearness Allowance, House Rent Allowance, Leave Travel Allowance, Leave Encashment, Perquisites etc.
• Previous Employerdetails, TAN number / PAN Number
• 
  TDS on Salary that is deducted by the Previous Employer
• Professional Tax that is paid by the employee in case any,
• Deduction for Provident Fund
• Any Deduction that is considered against Rent-free accommodation
• Deductions under other sections like 80C, 80G, 80D, 80E and Section 24 etc.

Hi,

Hope you are doing well !!

It is entirely an employee’s responsibility to fill in Form 12B. The new employer will not make it mandatory for this form to be filled. Once the form is filled, it is the current employer’s duty to calculate the TDS deductions on the individual’s salary based on the TDS deducted by the previous employer. It is also important to declare PF, IT, professional tax that are deducted by his / her previous employer. One can make use of the form 16 provided by the previous employer to fill form 12B.

To fill Form 12B, the following details need to be furnished:

● Tax artefacts of previous employer such as PAN number, TAN number, etc.

● Complete break up of salary structure of the previous employer. This can be obtained from the appointment letter as well as from the pay slips.

● Provident Fund deductions.

● Professional Tax deductions.

● Other deductions of Income Tax acts such as section 80C, 80G, 80E, etc.

● TDS on salary by previous employer.

● Deductions towards rent free accommodation.

Form 12B, though not mandatory, is generally recommended to be filled when joining a new organisation and it’s a whole of the employee interest to submit 12B failing which will leave him/her liable to depositing of advance tax. This helps the new employer to calculate the correct taxation amount and also avoids duplication of TDS on the employee’s salary.

Thanks & Regards,

Payal Chhajed

Hi,

- Submission of Form 12B is the responsibility of the employee who changes the job in the middle of the financial year. In Form 12B, you need to submit details of your salary, tax deduction of your previous employment along with the details of deductions and exemptions. Purpose is to avoid double benefits of deductions and exemptions to the employee.  

Thanks

Hi,

Form 12B is required to be furnished as per Rule 26A by a person joining any organisation in the middle of the year and is a form for furnishing the details of income earned from the previous employer. It is a form required to be submitted by the new employee to the employer and requires details like

1. Details of your previous employer like his PAN No., TAN Number,
2. Break up of Salary like Basic Salary + DA, Perquisites, House Rent Allowance, Leave Encashment, Leave Travel Allowance etc.
3. Deduction and accreditation with respect to Provident Fund and details of Rent Free Accommodation (if any)
4. Deductions if any under Section 80C, Section 80G, Section 80E, Section 80D, Section 24
   
5. 
   TDS on Salary deducted by the previous employer
6. 
   Professional Tax (if any) paid by the employee

These details in Form 12B are required to be furnished based on the Salary Slip and the Form 16 issued to you by your previous employer. Form 12B is required to be furnished even if no TDS was deducted by your previous employer because the salary was less than the basic exemption limit as per the Income Tax Slabs. It is quite possible that after combining your current and previous salary, your total salary is chargeable to tax.

send me your mail id will mail you form

It is your responsibility as an employee and not the previous employer's responsibility to fill Form 12B and submit to the new employer.

Form 12B is a form which is required to be submitted by a person who has changed his job from one company to another, in the middle of the financial year. In the form 12B, the person mentions his breakup of Gross Salary i.e. salary with all the allowances  with the previous employer (detailed in Form 12BA) along with TDS deductions from the previous employer etc. 

You can ask your employer to give you a blank form 12B and you can complete the details from your salary slip. 

Hi

Form 12b is  declaration ,to be filled by you,when joining new company.

Download form online and submit the filled form to new employer.

It requires the details of previous employer, salary . details with breakup and tds deductions details and your investment details.

Hope it helps