Tax planning
Previous employer salary and other income to current employer, Form 122 (earlier Forms 12B and 12BAA)
- When you change jobs, your new employer does not know what you earned and what tax was cut before you joined.
- Deadline: As early as possible after joining, and not later than 31 March of the tax year
- Done in 1 working day after documents
- Prepared by your Savvy, checked by a CA
- Previous employer's salary certificate
- How many employers this tax year?
- Collect previous employer salary
- Completed Form 122
Previous employer salary and other…
As early as possible after…
- IWhat we need from you7 documents
- DQuestions for you5 questions
- FForms5 steps
- DWhat you getCompleted Form 122
Answer in brief
When you change jobs, your new employer does not know what you earned and what tax was cut before you joined. Form 122 tells them, so the year's TDS is right and you do not face a tax bill and interest at filing time. You can also report a home loan loss or other income on it.
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How we solve it: 4 steps
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Step 1 of 4 · What we need from you
Tap each one you already have
- Previous employer's salary certificate
- Previous employer name, PAN, TAN
- Employment period with each employer
- Last payslip and F&F statement
- Perquisite details from old employerOptional
- Home loan interest and let-out detailsOptional
- Other income with TDS or TCSOptional
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Pay and start
₹999
₹999 + ₹179.82 GST = ₹1,178.82
Each time you join a new employer in the year; once a year for other income. Delivered in 1 working day after documents. Due: As early as possible after joining, and not later than 31 March of the tax year
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