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THE GAZETTE OF INDIA EXTRAORDINARY Part II Sec. 3 (i) MINISTRY OF HEALTH AND FAMILY WELFARE (Department Of Health and Family Welfare) New Delhi, dated 5th May 2011 Notification G.S.R.362 (E). Whereas
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362 e refers to a specific IRS tax form for reporting income from the cancellation of debt.
Individuals or businesses who have received income from the cancellation of debt are required to file 362 e.
Form 362 e should be filled out with accurate information regarding the cancelled debt income, following the instructions provided by the IRS.
The purpose of 362 e is to report income from the cancellation of debt and ensure that it is properly accounted for in tax filings.
On form 362 e, one must report details of the cancelled debt income, including the amount and circumstances of cancellation.
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