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    <title>Determination of income of a specified fund attributable to the investment division of an offshore banking unit under sub-section (1B) of section 115AD of the Act</title>
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    <description>Income of a specified fund attributable to the investment division of an offshore banking unit is computed as A+B+C+D+E+F, where A-D are long and short term capital gains distinguished by statutory categories of securities, E is interest type income from specified securities, and F is other income from securities. Expenditure to earn any of A-F is not deductible from other sources. The eligible investment division must file an annual verified statement in Form No. 10 IK by the due date; entitlement to rates under section 115AD requires such filing.</description>
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      <title>Determination of income of a specified fund attributable to the investment division of an offshore banking unit under sub-section (1B) of section 115AD of the Act</title>
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      <description>Income of a specified fund attributable to the investment division of an offshore banking unit is computed as A+B+C+D+E+F, where A-D are long and short term capital gains distinguished by statutory categories of securities, E is interest type income from specified securities, and F is other income from securities. Expenditure to earn any of A-F is not deductible from other sources. The eligible investment division must file an annual verified statement in Form No. 10 IK by the due date; entitlement to rates under section 115AD requires such filing.</description>
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