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FORM NO. 29C See rule 40BA Report under section 115JC of the Income tax Act, 1961 for computing adjusted total income and minimum alternate tax of the limited liability partnership 1. I×We* have
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29C is a section in the Income Tax Act which pertains to the reporting of assets and liabilities.
Individuals and entities with certain specified assets and liabilities are required to file 29C.
The form for filing 29C needs to be filled out with accurate information regarding assets and liabilities.
The purpose of 29C is to provide transparency and accountability regarding assets and liabilities.
Details of assets and liabilities exceeding specified thresholds must be reported on 29C.
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