Last Updated on: April 3, 2026Section 213 Income Tax Act 2025
Special provision for computation of total income of non-residents.
213. (1) No deduction in respect of any expenditure or allowance shall be allowed under any provision of this Act in computing the investment income of a non-resident Indian.
(2) In the case of an assessee, being a non-resident Indian, where—
| (a) | | the gross total income consists only of investment income or income by way of long-term capital gains or both, then no deduction shall be allowed under Chapter VIII; |
| (b) | | the gross total income includes any income referred to in clause (a),— |
| (i) | | the gross total income shall be reduced by such income; and |
| (ii) | | the deductions under Chapter VIII shall be allowed as if the gross total income as so reduced was the gross total income of the assessee. |