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of <h1>Clause 213 of 2025 Income Tax Bill limits deductions for non-resident Indians on investment income and capital gains.</h1> Clause 213 of the Income Tax Bill, 2025, outlines special provisions for computing the total income of non-resident Indians. It states that no deductions for any expenditure or allowance will be permitted when calculating investment income. If a non-resident Indian's gross total income consists solely of investment income or long-term capital gains, no deductions under Chapter VIII are allowed. If the gross total income includes such income, it must be reduced by that amount, and deductions under Chapter VIII will be applied as if the reduced amount were the gross total income.
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