Amendment in TDS Rules

The CBDT has, vide Notification No. 30/2016 dated 29.04.2016, made the following changes which
shall be effective from 1st June, 2016.
1.

Rule 26C has been inserted in the Income Tax Rules 1962 and Form No. 12BB has been
prescribed for the purposes of estimating the income or computing the tax deduction at source
of an employee by the employer. The said rule requires salaried employees to furnish a
declaration alongwith supporting documents to the employer in respect of income tax
deductions being claimed by then under various provisions of the Act. Employers shall
consider the declaration and supporting documents while calculating TDS to be deducted from
salary paid to employees.
The employee shall be required to furnish the following evidence or furnish the following
evidence or particulars:

S. No.
1.

Nature of claims
House Rent Allowance

Evidence or particulars
Name, address and PAN of
the landlord/landlords
where the aggregate rent
paid during the previous
year exceeds Rs. 1 lakh.

2.

Leave Travel concession or

Assistance
Deduction of interest under
the head Income from
house property
Deduction under Chapter
VI-A

Evidence of expenditure

3.
4.

Form 12BB to be submitted by employee attached

Name, address and PAN of

the lender
Evidence of investment or
expenditure

FORM NO.12BB
(See rule 26C)
Statement showing particulars of claims by an employee for deduction of tax under section
192
1. Name and address of the employee:
2. Permanent Account Number of the employee:
3. Financial year:
Details of claims and evidence thereof
Sl.
Amount
Nature of claim
No.
(Rs.)
(1) (2)
(3)
House Rent Allowance:
(i) Rent paid to the landlord
(ii) Name of the landlord
1.

(iii) Address of the landlord

(iv) Permanent Account Number of the landlord
Note: Permanent Account Number shall be furnished if the
aggregate rent paid during the previous year exceeds one
lakh rupees

2.

Leave travel concessions or assistance

Deduction of interest on borrowing:
(i) Interest payable/paid to the lender
(ii)Name of the lender
(iii) Address of the lender

3.
(iv) Permanent Account Number of the lender
(a) Financial Institutions(if available)
(b) Employer(if available)

4.

(c) Others
Deduction under Chapter VI-A

Evidence /
particulars
(4)

(A) Section 80C,80CCC and 80CCD

(i) Section 80C
(a) ..
(b) ..
(c) ..
(d) ..
(e) ..
(f) ..
(g) ..
(ii) Section 80CCC
(iii) Section 80CCD
(B) Other sections (e.g. 80E, 80G, 80TTA, etc.) under
Chapter VI-A.
(i) section.
(ii) section.
(iii) section
(iv) section.
(v) section.
Verification
I,..,son/daughter of.. do hereby certify that the
information given above is complete and correct.
Place.
Date
Designation ..

(Signature of the employee)

Full Name: