Form (1961 regime) → Form (2025 regime)
Form 10IK → 70
Form 10IK under the 1961-Act regime corresponds to Form 70 under the Income-tax Act 2025 regime, per the official CBDT comparison utility.
| Form (1961 regime) | Form (2025 regime) |
|---|---|
| 10IK Annual Statement of Exempt Income under sub-rule (2) of rule 21AJA and taxable income under sub-rule (2) of rule 21AJAA | 70 Annual Statement of exempt income and income taxable at concessional rate for an investment division of an offshore banking unit. |
This mapping is carried verbatim from the official CBDT comparison utility on incometaxindia.gov.in (as of 2026-08-09). The utility is a navigational aid; for legal proceedings rely on the notified text.