https://www.taxtmi.com/forum/issue?id=119928 A drafting lapse confines the enhanced standard deduction to the transitional tax-clause, omitting the succeeding clause and thereby reverting the deduction to the lower amount for the subsequent assessment year unless corrected. Administrative correction via corrigendum, executive amendment by ordinance, or statutory amendment in the next Finance Act are proposed remedies to align the provision with apparent legislative intent. en-us Fri, 25 Apr 2025 20:12:46 +0530 Sat, 26 Apr 2025 11:36:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119928 A drafting lapse confines the enhanced standard deduction to the transitional tax-clause, omitting the succeeding clause and thereby reverting the deduction to the lower amount for the subsequent assessment year unless corrected. Administrative correction via corrigendum, executive amendment by ordinance, or statutory amendment in the next Finance Act are proposed remedies to align the provision with apparent legislative intent. Discussion-Forum Income Tax Fri, 25 Apr 2025 20:12:46 +0530 https://www.taxtmi.com/forum/issue?id=119928