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of <h1>Accountant Confirms Offshore Banking Unit's Compliance with Rule 21AJA, Ensures Accurate Financial Records and Income Details</h1> An accountant verifies compliance with tax regulations for an offshore banking unit's eligible investment division under rule 21AJA. The accountant examines financial records to confirm income particulars and ensure the unit meets specific conditions. These conditions include maintaining separate accounts, auditing by a qualified accountant, proper documentation for inbound remittances and transactions, maintaining bank statements, contract notes, and securities statements. The accountant affirms the accuracy of these details, ensuring compliance with the Income-tax Act, 1961.
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