Tax planning
Perquisite valuation and the employer's statement, Form 123 (earlier Form 12BA)
- Benefits your employer gives in kind, like a car, a flat, a cheap loan or shares, are taxed as salary at values set by the rules.
- Deadline: Valuation before the monthly TDS run; Form 123 issued by 30 April after the tax year
- Done in 3 working days after documents
- Prepared by your Savvy, checked by a CA
- Car ownership
- Is the car used only for work?
- List every benefit given in the tax year with dates and costs
- Perquisite valuation sheet
Perquisite valuation and the…
Valuation before the monthly TDS…
- IWhat we need from you8 documents
- DQuestions for you5 questions
- FForms5 steps
- DWhat you getPerquisite valuation sheet
Answer in brief
Benefits your employer gives in kind, like a car, a flat, a cheap loan or shares, are taxed as salary at values set by the rules. We value each benefit under the 2026 rules, check the employer's Form 123 and Form 130, and show you how to cut the tax legally.
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- Car ownership, engine size, use
- Who pays fuel and driver
- Housing: owned or leased, rentOptional
- Employer loans and purposeOptional
- Meal cards, gifts, vouchersOptional
- ESOP exercise date, FMV, priceOptional
- Employer PF, NPS, superannuation amountsOptional
- Amounts recovered from employee
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Pay and start
₹2,999
₹2,999 + ₹539.82 GST = ₹3,538.82
Yearly, and when a benefit changes. Delivered in 3 working days after documents. Due: Valuation before the monthly TDS run; Form 123 issued by 30 April after the tax year
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