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of <h1>Clause 280 Revamps Tax Reassessment Procedures with Enhanced Transparency and Taxpayer Protections for Fair Income Tax Administration</h1> Legal document analysis summary:The document examines Clause 280 of the Income Tax Bill, 2025, which modernizes reassessment notice procedures in Indian income tax law. The new clause replaces Section 148 of the Income-tax Act, 1961, introducing enhanced procedural safeguards for reopening tax assessments. Key changes include expanded information sources for reassessment, mandatory prior approvals, defined timelines for return filing, and stricter administrative oversight. The provision aims to balance revenue collection interests with taxpayer rights by establishing a more transparent, data-driven approach to tax reassessments while maintaining core principles of the existing legal framework.
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