Income-tax Act, 2025 · CHAPTER XIII — Determination of tax in special cases

Section 214Tax on investment income

Income-tax Act, 2025 (30 of 2025)

Tax on investment income

and long-term capital gains.

214.

The income-tax payable on the total income of an assessee, being a nonresident Indian, which includes income specified in column B of the Table below, shall be the aggregate of income-tax computed at the rate specified in the column C applied on the corresponding income specified in column B.

Sl. No.	Income	Rate of Income-tax payable
1.	Income from investment.	20%
2.	Income from long-term capital gains on specified asset.	12.5%
3.	Total income as reduced by income referred to against serial numbers 1 and 2.	Rates in force.

Referenced by

§ 2(90)

§ 212 Interpretation

§ 217 Benefit under Chapter to be available in certain cases even after assessee becomes resident

§ 217(b)

§ 218 Chapter not to apply if the assessee so chooses

§ 218(a)