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PROVIDED that nothing herein shall prevent the payment, in good faith;for reasonable and proper remuneration to any of ice or servant of thepartyinreturnforanyserviceactuallyrendered;andthatnoremuneration

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How to fill out 61 form no inc-16

01

Obtain the INC-16 form from the concerned authority.

02

Fill in all the required details such as the company name, address, CIN number, etc.

03

Attach all the necessary documents as mentioned in the form.

04

Sign the form and get it attested by a practicing company secretary or director of the company.

05

Submit the filled-out form along with the necessary documents to the concerned authority.

Who needs 61 form no inc-16?

01

The 61 form no INC-16 is needed by companies in India when there is a need to declare the financial statements of a company through this form during the company's annual general meeting.

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What is 61 form no inc-16?

This form is used to report details of income received by a person (other than a company) during the previous year.

Who is required to file 61 form no inc-16?

Any individual (other than a company) who has received income during the previous year is required to file this form.

How to fill out 61 form no inc-16?

The form can be filled out manually or online on the official website of the income tax department. The taxpayer needs to provide details of income, deductions, and taxes paid.

What is the purpose of 61 form no inc-16?

The purpose of this form is to help the income tax department assess the tax liability of individuals based on their income details.

What information must be reported on 61 form no inc-16?

The form requires details of income from various sources, deductions claimed, and taxes paid during the previous year.

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