Form No. 10-IL is a verification certificate issued by a Chartered Accountant under Rule 21AJA of the Income-tax Rules, 1962. It confirms that the eligible investment division of an offshore banking unit has complied with documentation, audit, and reporting requirements to qualify for tax exemptions or concessional tax rates under Sections 10(4D) and 115AD of the Income-tax Act, 1961. Filing Form 10-IL ensures regulatory compliance and supports tax benefits for offshore investment operations.
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.
