Exempt income reporting for offshore banking unit investment divisions covers identification, eligibility conditions, and concessional tax income. Annual statement requires an eligible investment division of an offshore banking unit to report basic identification particulars, registration details, tax year, and confirmation that prescribed conditions are satisfied. The statement separately sets out income treated as exempt under the specified statutory framework and income taxable at a concessional rate, with each category itemised by source, including transfer of capital assets on a recognised stock exchange in an IFSC, transfer of securities, income from non-resident securities, securitisation trust income, and specified short-term and long-term capital gains.