Return of income not to be furnished in certain cases
[As per the Income Tax Act, 2025 (this Act) w.e.f. 1st April, 2026.]
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.