Section 144C amendment expands covered taxpayers to include non-resident individuals and foreign companies under the Income-tax Act. The Finance Act, 2020 amends section 144C by omitting the words 'in the income or loss returned' from subsection (1) and by substituting subsection (15)(b)(ii) with wording that expressly covers 'any non-resident not being a company, or any foreign company,' thereby changing the provision's wording and the class of persons addressed by that sub-clause.