Section 218 in The Income Tax Act, 2025
218. Chapter not to apply if the assessee so chooses. A non-resident Indian may choose ... governed by the provisions of sections 212 to 217 for any tax year by declaring it in his return of income under section
Assessing Officer under section 407(1) and (4); or (b) does not send to the Assessing Officer an intimation under section ... payable by him under section 407(9), in respect of such instalment or instalments. [ Similar to Section 218 from The Income Tax Act, 1961 - Also
under section 263 for the tax year for which he is so assessable, to the effect that provisions of sections 212 to 218 shall continue ... referred to in section 212(e) other than shares in an Indian company, then the provisions of sections 212 to 218 shall continue to apply
Section 212 in The Income Tax Act, 2025
212. Interpretation. In sections 213 to 218,— (a) "foreign exchange asset" means any specified asset which ... security of the Central Government as defined in section 2(f) of the Government Securities Act, 2006; or (v) such other assets as the Central
The Income Tax Act, 2025
UNION OF INDIA
India
The Income Tax Act, 2025
Act
