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    <description>Salary and profit share payments to an employee are taxable in the employee&#039;s hands and may be subject to Tax Deducted at Source by the employer. Selection of the appropriate income tax return form depends on the composition of the employee&#039;s total income; the taxpayer may file a return to reconcile actual liability and claim refund of any excess TDS withheld. Procedural details on e filing and form availability should be checked with the tax authority&#039;s official resources.</description>
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