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Filth la MH, y&33004@99REGD. NO. D. L.33004/99vlk/KJ.k EXTRAORDINARYHkkx II[k. M 3mi&[k. M (i) PART Bisection 3Subsection (i) if/DKK ls IDF\'KR PUBLISHED BY AUTHORITYla719]No. 719]GBZ NYH] c`gLifrokj]
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BI stands for Business Income and refers to the income earned by a business entity.
Business entities, including corporations, partnerships, and sole proprietorships, are required to file BI.
BI can be filled out by providing income and expense information for the business entity over a specific period, usually annually.
The purpose of BI is to report the financial performance of a business entity and calculate any taxes owed based on the income earned.
Information such as income, expenses, deductions, and credits must be reported on BI forms.
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