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WWW.tax guru.in(8) If any tax shown as paid in the assessment order is later found to be actually unpaid, then the same shall be recoverable along with applicable interest and penalty, if any, under
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Form - ots-1 is a tax form used to report certain types of income.
Individuals and businesses who receive specific types of income are required to file form - ots-1.
Form - ots-1 can be filled out online or submitted by mail. It requires the taxpayer to provide information about the income they received.
The purpose of form - ots-1 is to report income that is not subject to regular withholding.
Form - ots-1 requires taxpayer to report the amount of income received and any taxes paid on that income.
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