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of <h1>Income Tax Bill 2025: Clause 438 lets tax officials offset refunds against outstanding taxes, with notification and approval required.</h1> Clause 438 of the Income Tax Bill, 2025, allows tax authorities to set off a refund due to a person against any outstanding tax liabilities under the Act. This action can be taken by various tax officials, including the Assessing Officer and Commissioners, after notifying the individual in writing. If a refund is due and assessment or reassessment proceedings are pending, the Assessing Officer may withhold the refund for up to sixty days, with written reasons and approval from the Principal Commissioner or Commissioner.
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