NEWS/UPDATE
New income tax rule 26C has inserted which requires every employee to furnish evidences of claims/deductions for salary TDS purpose in FORM 12BB. Following are the evidences prescribed for claims/deductions:
|
1. |
House Rent Allowance. |
Name, address and permanent account number of the landlord/landlords where the aggregate rent paid during the previous year exceeds rupees one lakh. |
|
2. |
Leave travel concession or assistance. |
Evidence of expenditure. |
|
3. |
Deduction of interest under the head “Income from house property”. |
Name, address and permanent account number of the lender. |
|
4. |
Deduction under Chapter VI-A. |
Evidence of investment or expenditure.”. |
CBDT Notification No. 30/2016-Income Tax dated 29-04-2016
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