This document is a verification form for an offshore banking unit under Indian tax laws. The form is verified by an accountant who has examined the unit's books of account and other documents showing income accrued or received by the eligible investment division. The form affirms that the division has maintained separate accounts, got them audited, kept documentation for inbound remittances and their use, bank statements, contract notes, and a statement of securities issued by the custodian.
Form 10IL is one of Tax forms that are documents used to report information related to taxes to the relevant tax authority. There are various types of tax forms, including federal, state, and local tax forms, which can vary depending on the taxpayer's circumstances and location.
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