Salaried employees need to collect Form 123 from employers by April 30, 2026. This form details perquisites like meal card benefits. It is crucial for filing Income Tax Returns for Assessment Year 2026-27. Employers must issue this statement for employees earning over Rs 1.5 lakh annually. This ensures accurate reporting of all benefits received.
from Tax-Wealth-Economic Times https://ift.tt/BF7emj2
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