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<h1>Resident Who Was NRI Can Elect Continued Special Chapter Treatment for Specified Foreign Exchange Investments Under Section 115C(f)</h1> A person who was a non-resident Indian but becomes resident and is assessable in India may, by filing a written declaration with their income-tax return for the relevant assessment year, elect that the special chapter's provisions continue to apply to investment income from specified foreign exchange assets identified in section 115C(f). If the declaration is furnished, those chapter provisions will continue to govern such investment income for that assessment year and thereafter until the assets are transferred or converted into money.