A Detailed Explanation about Form 12BB i.e. Investment Declaration Form for Salaried Taxpayers. This video will help you understand everything about Form 12BB and the different types of deductions that can be claimed in this Form such as LTA, HRA, Interest payable on Home Loan, etc.
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And at the end of the Financial Year, taxpayers can submit investment proofs along with Form 12BB to their employer. Form 12BB is a form prescribed by the Central Board of Direct Taxes or CBDT for salaried individuals to declare their investment.
Therefore, in this video we explain Form 12BB in detail along with the various deductions that can be claimed with the help of this form. We give you a clear overview on these deductions and how you can claim these to save more taxes. Also, you will be able to gain insights about Investment Declaration Form and deductions like LTA, HRA, Interest payable on Home Loan, Income tax Deductions under chapter VI-A, etc.
Form 12BB – Income Tax Department:
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Form 12BB – Investment Declaration Form for Income Tax:
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