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Appendix BII of IH&SMEFD Circular No. 09 dated August 16, 2021Documents of Islamic SME Asian Finance (ISAAC) SchemeInfrastructure, Housing & SME Finance DepartmentSTATE BANK OF PAKISTANAnnexure BII

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What is central board of direct?

The Central Board of Direct Taxes (CBDT) is a statutory body that operates under the Department of Revenue in the Ministry of Finance. It is responsible for administering direct tax laws and ensuring direct tax collection in India.

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All individuals, HUFs, partnership firms, companies, etc., who are liable to pay income tax are required to file returns with the Central Board of Direct Taxes (CBDT).

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To file with the Central Board of Direct Taxes (CBDT), individuals and entities must submit their income details, tax deductions, and compliance with tax laws through the online portal or through authorized intermediaries.

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The purpose of the Central Board of Direct Taxes (CBDT) is to ensure the proper collection of direct taxes, promote compliance with tax laws, and enforce tax regulations in India.

What information must be reported on central board of direct?

The Central Board of Direct Taxes (CBDT) requires individuals and entities to report their income, deductions, tax liabilities, and compliance with tax laws for a particular financial year.

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