Navigating Job Changes: Is Submitting Form 12B to Your New Employer Necessary and Beneficial?

I left a job with my previous employer in August 2007 and joined my new employer thereafter. I have paid taxes based on my salary at both places. Is it necessary to submit a Form 12B to my new employer, or is it sufficient to submit the Form 16 from my previous employer directly to the IT department when filing my returns?

What additional benefits would I gain by submitting Form 12B to my new employer? Lastly, how do I fill out Form 12B? I would greatly appreciate it if someone could address my inquiries.

Hi,

Form 12B is not mandatory to be filed with a new employer. In Section 192, it is only stated that if an employee joins another employer in the middle of a financial year, then he "may" provide Form 12B.

Vipin Gagneja

http://sites.google.com/site/vipingagneja/

Hi,

I am joining a new employer right now, and the company wants me to fill out form 12b. However, my previous employer is not willing to provide me with the details of form 12b. Can you please help me? If it is not necessary to fill out form 12b as per government rules, please let me know.

Thank you