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(Enclosure to IOWA No. 14(8)IB/IN/O/IBMisc72/201617 dated 09.04.2018)Enclosure (Latest modified ENIT Standard Format for works of Tender Value (Amount Put to Tender)above Rs.5.00 lakh unto Rs. 45.0
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What is nit-5?
Nit-5 is a form used to report certain financial transactions to the government.
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Entities and individuals who engage in specified financial transactions are required to file nit-5.
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Nit-5 requires information such as the amount, date, and nature of the financial transaction, as well as the names and identification numbers of the parties involved.
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