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(A Government Of India Enterprise)
O/o The Subdivision Engineer (Electrical)
BSNL Electrical Subdivision 15, Cantonment Road, Cuttack.(pH 06712302424,)
NIT NOTIFICATION
The Subdivision Engineer (Elect.),
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What is sitc of new split?
The System for the Identification of Split-Income (SITC) of the new split is a form used to report income splitting transactions to the tax authorities.
Who is required to file sitc of new split?
Individuals who have engaged in income splitting transactions with related parties are required to file SITC of new split.
How to fill out sitc of new split?
SITC of new split can be filled out online through the tax authority's website or submitted manually by completing the paper form.
What is the purpose of sitc of new split?
The purpose of SITC of new split is to provide transparency to the tax authorities on income splitting transactions and ensure compliance with tax regulations.
What information must be reported on sitc of new split?
Information such as the parties involved in the income splitting transaction, the amount of income split, and the nature of the relationship between the parties must be reported on SITC of new split.
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