TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Clause 435 of Income Tax Bill 2025 mandates automatic refunds post-appeal, with specific conditions for reassessment and annulment cases.</h1> Clause 435 of the Income Tax Bill, 2025, addresses refunds due to taxpayers following an appeal or other proceedings under the Act. If an order results in a refund, the Assessing Officer must issue the refund without requiring a claim from the taxpayer, unless otherwise specified in the Act. If an assessment is set aside or canceled with a directive for a fresh assessment, the refund is due only after the new assessment. If an assessment is annulled, the refund is limited to the excess tax paid over the tax chargeable on the returned income.
TaxTMI 
TaxTMI 
