https://www.taxtmi.com/forms?id=2404 Report for deduction in respect of income of Offshore Banking Units and Units of an International Financial Services Centre under section 147(4)(a) requires disclosure of assessee and unit particulars, supporting permissions, commencement details, and whether the unit was formed by splitting up, reconstruction, reorganisation, or transfer of an existing business in India where commencement is after 01.04.2026. The form also requires computation of gross income, foreign exchange exclusion, attributable expenses, and income eligible for deduction, followed by accountant verification. en-us Wed, 25 Mar 2026 16:00:39 +0530 Wed, 25 Mar 2026 16:00:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forms?id=2404 Report for deduction in respect of income of Offshore Banking Units and Units of an International Financial Services Centre under section 147(4)(a) requires disclosure of assessee and unit particulars, supporting permissions, commencement details, and whether the unit was formed by splitting up, reconstruction, reorganisation, or transfer of an existing business in India where commencement is after 01.04.2026. The form also requires computation of gross income, foreign exchange exclusion, attributable expenses, and income eligible for deduction, followed by accountant verification. Forms Income Tax Wed, 25 Mar 2026 16:00:39 +0530 https://www.taxtmi.com/forms?id=2404