Form No. 10-IK is an annual statement filed by specified funds under Rules 21AJA and 21AJAA of the Income-tax Rules, 1962. It reports exempt income and taxable income earned by eligible investment divisions, including income from securities, capital asset transfers, and investments in International Financial Services Centres (IFSC). Filing Form 10-IK ensures compliance with Section 10(4D) and Section 115AD provisions of the Income-tax Act, 1961, helping funds maintain tax transparency and claim applicable exemptions.
Source: https://incometaxindia.gov.in
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[MBA in Finance]
Nazim Khan is an expert in Microsoft Excel. He teaches people how to use it better. He has been doing this for more than ten years. He is running this website (TechGuruPlus.com) and a YouTube channel called "Business Excel" since 2016. He shares useful tips from his own experiences to help others improve their Excel skills and careers.
