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FORM NO. 10BB See rule 16CC Audit report under section 10(23C) of the Income-tax Act, 1961, in the case of any fund or trust or institution or any university or other educational institution or any
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16cc refers to a specific form used for reporting certain financial transactions to the appropriate authorities.
Individuals or entities engaged in specified financial activities or transactions may be required to file 16cc.
To fill out 16cc, you need to provide the required information as specified in the form, including details about the financial transaction(s) being reported.
The purpose of 16cc is to ensure transparency and compliance with regulatory requirements by allowing the authorities to track and monitor specific financial activities.
The specific information that must be reported on 16cc varies depending on the nature of the financial transaction, but typically includes details about the parties involved, the amount, and the purpose of the transaction.
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