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TENTH SCHEDULE1.2.(Regulation 22B(1))
STATEMENT OF INCOME RECEIVED FOR INCOME YEAR ENDED 30 JUNE.
(To be given in duplicate by a payer to a payee not later than 15 August in the year of assessment)
IDENTIFICATION
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Who needs regulation 22b1?
01
Any individual or entity that is subject to the specific regulations outlined in regulation 22b1 needs to comply with it. This may include businesses, organizations, or individuals who engage in activities or transactions covered by the regulation.
02
Regulation 22b1 may be particularly relevant for industries or sectors that deal with sensitive or regulated information, such as financial institutions, healthcare providers, or government agencies.
03
Compliance with regulation 22b1 ensures proper record keeping, transparency, and accountability in certain areas of operation, providing protection for both individuals and organizations involved.
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What is regulation 22b1?
Regulation 22b1 is a rule that requires certain entities to report information about their financial activities.
Who is required to file regulation 22b1?
Entities such as financial institutions and investment firms are required to file regulation 22b1.
How to fill out regulation 22b1?
Regulation 22b1 can be filled out by providing detailed information about the entity's financial transactions and activities.
What is the purpose of regulation 22b1?
The purpose of regulation 22b1 is to ensure transparency and accountability in financial reporting.
What information must be reported on regulation 22b1?
Information such as financial transactions, investments, and liabilities must be reported on regulation 22b1.
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