Rule-making power for non-resident taxation: prescribed procedures to determine income for non-resident operations and transactions. Section 295 is amended to permit the Central Board of Direct Taxes by rules to prescribe the manner and procedure for arriving at income in respect of operations carried out in India by a non-resident (new sub-clause (iia), effective April 1, 2021) and in respect of transactions or activities of a non-resident (new sub-clause (iib), effective April 1, 2022), thereby identifying two specific subjects for rule-making under sub-section (2)(b).