About form 12bb

C.A. Sandeep Wawhal (Chartered Accountant PGDFM BCom.)   (1823 Points)

11 July 2016  

Friends,

As new form 12BB is require to filed up by employee whose salary subject to TDS. But when such form should be provided to employee ? bcz most of the employee invests their money throughout the year so all evidence of (for example) LIC receipts will not available now. Is it ok to to provide such form during Jan or Feb ending so atleast 99.99% evidence of investment will be available in the hand of employer ?