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PART-I FORM- 11 Statement of Depreciation Name of the Company Name of the Power Station Financial Year 1 Depreciation on Capital Cost Depreciation on Additional Capitalization Amount of Additional
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What is part-i form- 11 statement?
Part-I Form-11 statement is a document that is used to report certain information, such as financial transactions and assets, by individuals or entities to the relevant tax authority.
Who is required to file part-i form- 11 statement?
Individuals or entities who meet certain criteria, such as having taxable income or exceeding a specified threshold, are required to file the Part-I Form-11 statement.
How to fill out part-i form- 11 statement?
To fill out the Part-I Form-11 statement, you need to gather all the required information and enter it accurately into the designated fields of the form. It is recommended to seek assistance from a tax professional or refer to the guidelines provided by the tax authority for proper completion.
What is the purpose of part-i form- 11 statement?
The purpose of the Part-I Form-11 statement is to ensure compliance with tax regulations and facilitate the assessment and collection of taxes. It helps the tax authority to have a clear view of the financial activities and assets of individuals or entities.
What information must be reported on part-i form- 11 statement?
The Part-I Form-11 statement typically requires reporting of various financial information, such as income, expenses, assets, liabilities, and any other relevant details as specified by the tax authority.
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