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of <h1>Clause 306 outlines who is considered an agent for non-resident tax purposes; excludes brokers in ordinary business.</h1> Clause 306 of the Income Tax Bill, 2025, defines who may be considered an agent in relation to a non-resident for tax purposes. An agent includes any person in India employed by or connected with a non-resident, those from whom a non-resident receives income, or trustees of non-residents. It also includes individuals acquiring capital assets in India via transfer. Brokers in India dealing through non-resident brokers are not deemed agents if transactions occur in the ordinary business course. A person must be given a hearing opportunity before being treated as an agent. 'Business connection' is defined in section 9(8)(b).
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