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FORM 20G [See rule 61(3)][License to sell, stock or exhibit or offer for sale, or distribute] by wholesale drugs specified in Schedule X TAKER HAKIMUDDIN KAPASI1.TAKER HAKIMUDDIN KAPOSI, HAKIMUDDIN
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Form 20G is a financial statement required for certain submissions and disclosures, often used by organizations for tax purposes.
Organizations in India, primarily those receiving foreign contributions and needing to comply with regulations under the Foreign Contribution (Regulation) Act, are required to file Form 20G.
Form 20G should be filled out by providing accurate financial data, including details about contributions received, expenditures, and the purpose of the funds, following the official guidelines provided by the regulatory authority.
The purpose of Form 20G is to provide transparency and accountability regarding foreign contributions received by organizations, ensuring compliance with legal and regulatory frameworks.
Form 20G must report details such as the name and address of the organization, the amount of foreign contributions received, details of the contributors, and the purpose for which the funds were used.
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