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IODFZT stands for Income and Other Deductions Form Zero Tax.
Individuals or entities with zero tax liability or no taxable income are required to file IODFZT.
IODFZT can be filled out online or by obtaining a physical form from the tax authorities and submitting it in person or by mail.
The purpose of IODFZT is to provide a mechanism for individuals or entities with zero tax liability to inform the tax authorities of their financial situation.
IODFZT requires information on income, deductions, and any other relevant financial details.
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