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of <h1>Income Tax Bill 2025: Clause 160 Offers Double Taxation Relief for Individuals and Non-Residents Without Tax Agreements</h1> Clause 160 of the Income Tax Bill, 2025, addresses double taxation relief for individuals and non-resident persons in India who have paid income tax in countries without a double taxation agreement. Residents can claim a deduction from Indian income tax on income taxed abroad, calculated at the lower of the Indian tax rate or the foreign tax rate. Non-residents assessed on income from a registered firm in India can similarly claim deductions on foreign income taxed abroad. The clause defines key terms such as 'income-tax,' 'Indian income-tax,' and 'rate of tax of the said country' for clarity in application.
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