Clause 216 - Return of income not to be furnished in certain cases. - Income Tax Bill, 2025

Return of income not to be furnished in certain cases. 216 . It shall not be necessary for a non-resident Indian to furnish a return of his income under section 263(1), if (a) his total income during the tax year consisted only of investment income or income by way of long-term capital gains or both; and (b) the tax deductible at source under the provisions of Chapter XIX-B has been deducted from such income.