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ISB Firm stands for Individual Schedule of Business. It is a form that must be filed by self-employed individuals to report their business income and expenses.
Self-employed individuals who have business income are required to file ISB Firm.
ISB Firm can be filled out online on the tax department's website or manually by submitting a physical form. It requires providing details of business income, expenses, and any deductions.
The purpose of ISB Firm is to accurately report self-employed individuals' business income, expenses, and deductions for tax purposes.
On ISB Firm, self-employed individuals must report their business income, expenses, deductions, and any other relevant financial information.
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