Exemption from income-tax return filing for non-residents and foreign companies investing in IFSC funds where tax is deducted at source. Exemption from furnishing an income-tax return is granted to non-residents (other than companies) and foreign companies with income from investments in IFSC-based funds, where the fund is a regulated Category I/II AIF or IFSC-regulated fund, tax on such income has been deducted at source by the investment fund and remitted, and the recipient has no other income necessitating return filing; the exemption does not apply where a statutory notice requiring filing has been issued.