I have been informed that despite the tax exemption benefit for BASIS members till 2024, some banks (like my Bank Islami Bank) are deducting AIT from the inbound remittance earned through software and ITES export of a number of BASIS member companies. Initially there was a clear guidelines in this regard for not deducting AIT. However, the banks were not instructed further with the corrected version of the gazette relating to Financial Act. As per the govt. gazette published in the 30th June 2018, “no deduction shall be made against the remittance from abroad of the proceeds of sales of software or services of a resident”. The copy of gazette with highlighting the above amendment is being sent you for your ready reference.

Another similar document in Bengali can be found here @ Income Tax examption on Software & ITES till 2024. This document was collected from BASIS Resource Page.