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()BHARAT HEAVY ELECTRICAL LIMITED ISO 9001, ISO 14001, OHSA 18001 &SA8000 Certified Company SubContract and Purchase Department.(A Govt. of India Undertaking),., .25, 16, .55,201301, Power SectorNorthern

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How to fill out 25 sector 16 a

01

To fill out Sector 16 A in Form 25, follow these steps:

02

Start by entering your personal details such as name, address, and contact information in the specified fields.

03

Next, provide information about the nature of your business and its legal status.

04

Specify the financial year for which the form is being filled.

05

Enter the details of all transactions exceeding a specified limit with people connected to your business, including their names, addresses, and PAN numbers.

06

Provide details of your investments and any other assets held by you or your business.

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Include information about any loans or advances received by you or your business during the financial year.

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If applicable, provide details of any goods or services imported or exported by you.

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Note: It is advised to consult with a tax professional or refer to the official instructions provided with the form for more specific guidance.

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Sector 16A of Form 25 is primarily required by individuals or businesses who are required to disclose details of their transactions exceeding a specified limit with people connected to their business, as well as details of their investments, loans, assets, and import/export activities.

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This form helps the tax authorities in assessing the accuracy of financial information provided by individuals or businesses and ensures compliance with tax regulations.

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