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of <h1>Tax Calculation Method Clarifies Exemption Treatment and Prevents Double Taxation for Taxpayers Under New Income Tax Bill</h1> Legal Analysis Summary:The document examines Clause 190 of the Income Tax Bill, 2025, which addresses tax liability determination when total income includes non-taxable income. The provision ensures taxpayers are not taxed on exempt income by allowing a deduction calculated at the average tax rate. Mirroring the existing Section 110 of the Income-tax Act, 1961, the clause provides a mechanism to neutralize tax on statutorily exempt income, maintaining tax equity by preventing double taxation and aligning actual tax liability with taxable income portions.
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