Form 12B Meaning | What is a Form 12B? | Form 12B Download | UBS

Form 12B is an income tax form that must be presented according to Rule 26A’s criteria. Employees who shift from one company to another in the midst of a financial year must submit this form. The major goal is to provide information about the employees’ past employers’ earnings. It assists new employers in deducting the correct amount of TDS from employees’ salaries for the rest of the fiscal year.