https://www.taxtmi.com/acts?id=3219 No deduction is allowed for any expenditure or allowance in computing investment income of a non-resident Indian. If gross total income consists only of investment income or long-term capital gains (or both), Chapter VI-A deductions do not apply and certain capital gains provisos are inapplicable. If gross total income includes such incomes, that amount is excluded and Chapter VI-A deductions are permitted as if the gross total income were the reduced amount. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 28 Aug 2025 14:32:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=3219 No deduction is allowed for any expenditure or allowance in computing investment income of a non-resident Indian. If gross total income consists only of investment income or long-term capital gains (or both), Chapter VI-A deductions do not apply and certain capital gains provisos are inapplicable. If gross total income includes such incomes, that amount is excluded and Chapter VI-A deductions are permitted as if the gross total income were the reduced amount. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3219