Return processing reform: centralised scheme limits adjustments to arithmetical errors and apparent incorrect claims, with intimation deadline. Amendment prescribes that processing of returns shall correct only arithmetical errors and incorrect claims apparent from the return, compute tax and interest on the adjusted total income, apply credits and reliefs, and generate an intimation specifying the sum payable or refund due; an intimation is required where a declared loss is adjusted even if no payment or refund arises, and no intimation may be sent after one year from the end of the financial year in which the return is made. A centralised processing scheme may be made and implementing notifications with specified exceptions must be laid before Parliament.