Form 5C is related to income tax declaration for capital assets. Entities named in the document include the specified entity (name, permanent account number), valuer (name, registration number). Assessment year and amount taxable under sub-section (4) of section 45 are mentioned. Capital assets' book value, revalued amount, self-generated asset information, and short/long term status are also provided. The document requires verification by the entity's I or daughter.
Form 5C is one of Tax forms that are documents used to report information related to taxes to the relevant tax authority. There are various types of tax forms, including federal, state, and local tax forms, which can vary depending on the taxpayer's circumstances and location.
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