First, need to install some necessary package there.

apt-get install fakeroot kernel-package

Second, get the source

apt-get source linux

Third, uncompress it and get in the folder

# tar -xvJf linux-3.12.tar.xz & cd Linux-3.12

Four, copy /boot/config.* to current .config and make menuconfig 

Rember to install libcnurse before menuconfig.

# apt-get install libncurses5-dev
# make menuconfig

Five, do package clean 

# make-kpkg clean

Six, and final, ready to go

# fakeroot make-kpkg --append-to-version "-customkernel" --revision "1" \
--initrd kernel_image kernel_headers

Above will get the deb file in the parent level, then you can install or remove it by DPKG

dpkg -i linux-image-3.12.0-customkernel_1_i386.deb linux-headers-3.12.0-customkernel_1_i386.deb
# sudo apt-get remove linux-image-(non-working-kernel)