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    <description>Statement in prescribed Form No. 123 for reporting perquisites, fringe benefits, amenities and profits in lieu of salary with their valuation for income-tax purposes. The form requires employer and employee particulars, item-wise disclosure of perquisites and other benefits, the value as per rules, any amount recovered from the employee, and the taxable amount. It also provides for reporting total perquisites, profits in lieu of salary, tax deducted or paid, the date of treasury payment, and a declaration by the person responsible for deduction of tax.</description>
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