Form 12 BA

Last post 07-26-2010 7:35 AM by chandu1928. 1 replies.
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  • 07-26-2010 12:01 AM

    • ojil
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    • Joined on 04-22-2009
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    Form 12 BA

     Is it necessary to submit Form 12BA with Form 16 even if you are not getting perquisites or other fringe benefits  from teh compnay. Does the company has to certify that the valu of all perquisites and  other fringe benefits  is NIL

     

     

     

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  • 07-26-2010 7:35 AM In reply to

    Re: Form 12 BA

    form 12 BA is the statement  which shows the particulars of perqusities , other fringe benefits , amenities and prfit in lieu of salary given by employer

    1Q) Is it necessary to submit Form 12BA with Form 16 even if you are not getting perquisites or other fringe benefits 

    ans ) no its not necessary to submit form 12BA ..... ( any ways from 16 is also not necessary to be submitted along with your  returns )

    2Q) Does the company has to certify that the valu of all perquisites and  other fringe benefits  is NIL

    ans) no, the employer is not under statutory liablity to issue form 12ba

    note : this is true to my understanding , you  may please correct if my undersatanding is worng

    • Post Points: 5
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