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1FORM NO. 55 See rule 2C Now redundant Application for approval of an association or institution for purposes of exemption under section 10(23), or continuance thereof for the year 1. Name and address
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Form No 55 is a tax form used for reporting specific financial information to tax authorities, typically related to income and deductions.
Individuals or entities who meet certain income thresholds or have specific types of income are required to file Form No 55.
To fill out Form No 55, gather all relevant financial documents, follow the instructions provided on the form, and ensure you accurately report income and deductions.
The purpose of Form No 55 is to enable tax authorities to assess an individual’s or entity's tax liability based on reported income and deductions.
The information that must be reported includes personal identification details, income sources, deductions claimed, and any applicable credits.
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