How to generate Form 12 BB on Keka?

Form 12BB streamlines the process of tax deduction at source from an employee's salary by allowing them to declare their investments. This document serves as proof of expenses and investments that can be claimed as tax deductions. It can be accessed directly from the IT department's website and is typically submitted by employees in January or February along with proofs of their investment. In Keka, Form 12 BB is generated based on the investment declaration made by employees at the start of the financial year. Form 12 BB is a document that shows the expenses and investments that an employee makes that are income tax deductible. This is generated on Keka based on the investment declaration that the employees make every year at the beginning of the financial year.

To generate and download the 12 BB form, Go to the My Finances (1) section of your portal and open the Manage Tax (2) tab. Under this, you will find the Form 12 BB (3) section.

Here select the Financial Year (4) and then click Generate Form 12 BB (5). 

The 12 BB form will now be downloaded to your system.

The Admin can also generate the Form 12 BB for an employee in the following way:

To generate and download form 12 BB for any employee on Keka, search for the employee using the search bar. Locate the employee and open their profile.

Go to the Finances (1) tab and select the Manage Tax (2) tab. In this tab, go to the Form 12 BB (3) tab. 

Under this tab, select the Financial Year for which you want Form 12 BB to be generated and then click Generate Form 12 BB.

This will download Form 12 BB to your system. 

Hope this helps you! Have more questions? Get in touch with us.