Home > Income Tax Act 2025 > Section-217Last Updated: Feb 22nd 2025
Section-217 provides for the optional grandfathering of the taxation of income from investments made by a non-resident Indian if he becomes a resident at a later year. Learn to understand the section-217 as it is, it's help and useful links to follow.
Here onwards, "Act" refers to "Income Tax Act 2025"
then the provisions of this Chapter shall continue to apply in relation to such income until the transfer or conversion (otherwise than by transfer) of such assets into money.
Disclaimer: This article provides an overview and general guidance, not exhaustive for brevity. Please refer Income Tax Act, GST Act, Companies Act and other tax compliance acts, Rules, and Notifications for details.