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of <h1>Income Tax Bill 2025 Clause 436 prevents taxpayers from challenging final assessments during refund proceedings, maintaining administrative finality</h1> Clause 436 of the Income Tax Bill, 2025 mirrors Section 242 of the Income-tax Act, 1961, prohibiting taxpayers from questioning the correctness of final assessments during refund proceedings. The provision restricts relief to refunds of tax wrongly paid or paid in excess, preventing the misuse of refund mechanisms to circumvent statutory appeal processes. This maintains the finality principle in tax administration, ensuring assessments cannot be reopened through backdoor refund claims. The clause balances taxpayer rights to legitimate refunds with administrative efficiency and certainty in tax matters.
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