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of <h1>Clause 434: Apply for a Tax Refund Within 30 Days if Tax Was Erroneously Deducted; Decision in Six Months.</h1> Clause 434 of the Income Tax Bill, 2025, addresses refunds for cases where tax was erroneously deducted. If a person, under a written agreement, pays tax on income (excluding certain interest), and later claims no tax was necessary, they can apply for a refund within 30 days of payment. The Assessing Officer will review the application, allowing or rejecting it in writing. The applicant must be given a chance to be heard before rejection. The officer may conduct inquiries and must decide within six months from the application month.
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