Deduction available for banks and financial Institutions having a Offshore Banking Unit (Sec. 80LA)
1. Eligible Assessees: Scheduled bank having an offshore banking unit in a Special Economic Zone or Foreign Bank having an offshore banking unit in a Special Economic Zone, or Unit of International Financial Services Centre 2. Conditions: Gross total income of the assessee includes- Income from the Offshore Banking Unit in a Special Economic Zone, […]
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