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How to Calculate Your Return in Units of a Unit Trust The Unit Trust is a trust that incorporates the savings of large number of investors. The Fund Manager invests the savings into different types
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The calculation involves taking into account various factors such as income, expenses, deductions, and credits to determine the final amount owed or refunded.
Individuals, businesses, and organizations are required to file their annual tax returns to calculate their tax liability.
Taxpayers can fill out their tax returns either manually using forms provided by tax authorities or electronically through tax preparation software.
The purpose is to accurately determine the amount of taxes owed or refunded based on the taxpayer's financial information.
Income, expenses, deductions, credits, and any other relevant financial information must be reported on the tax return.
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