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FORM 12 ANNUAL RETURN SECTION 256 OF THE COMPANIES ACT, 2013 Company Name:....................................................................................................................... Company

How to fill out form 12 annual return

How to fill out form 12 annual return

1. To fill out form 12 annual return, follow these steps:
2. Start by gathering all the necessary information and documents required for the annual return.
3. Begin by filling out the basic details section of the form, such as your name, address, and contact information.
4. Proceed to provide accurate financial information, including income and expenses, for the specified period.
5. Ensure that you have reported all the necessary tax deductions and exemptions accurately.
6. Double-check all the information provided and make sure it is accurate and complete.
7. Sign and date the form to certify the accuracy of the information provided.
8. Submit the completed form 12 annual return to the appropriate tax authority within the given deadline.

Who needs form 12 annual return?

1. Form 12 annual return is required by individuals or entities who are obligated to file their annual tax returns.
2. This may include individuals who are employed, self-employed, or receiving income from other sources such as rental properties or investments.
3. Businesses and organizations are also required to file form 12 annual return to report their financial activities and tax liabilities.

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What is form 12 annual return?

Form 12 annual return is a document that businesses and individuals must file with the relevant tax authority to report their income and expenses for the previous year.

Who is required to file form 12 annual return?

Individuals and businesses earning income above a certain threshold are required to file form 12 annual return.

How to fill out form 12 annual return?

Form 12 annual return can be completed online through the tax authority's website or in paper form. It requires information about income, expenses, deductions, and credits.

What is the purpose of form 12 annual return?

The purpose of form 12 annual return is to report taxable income to the tax authority and calculate the amount of tax owed. It also helps to identify any discrepancies or errors in the tax reporting.

What information must be reported on form 12 annual return?

Information such as income from employment, self-employment, investments, rental properties, deductions, credits, and tax withheld must be reported on form 12 annual return.