Poging GOUD - Vrij
Scrap Mandatory ITR Filing for Refunds
The New Indian Express Madurai
|July 23, 2025
The Select Committee of Lok Sabha on the Income Tax Bill, 2025, has recommended removing the mandatory requirement to file a return solely for the purpose of claiming a refund.
It argued that this requirement could inadvertently lead to prosecution, mainly for small taxpayers whose income falls below the taxable threshold but from whom tax has been deducted at source.
The panel suggested that the law should not compel a return merely to avoid penal provisions for non-filing. It recommended removal of sub-clause (1)(ix) from Clause 263 to provide flexibility for allowing refund claims in cases where return is not filed by the due date.
Clause 263.1 of the Bill lists the persons and entities who are required to file income tax returns. Clause 263.1 (ix) specifically mentions 'a person who intends to make a claim of refund'.
Dit verhaal komt uit de July 23, 2025-editie van The New Indian Express Madurai.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The New Indian Express Madurai
The New Indian Express Madurai
Maha prices up, foreign liquor sales down this yr
AFTER Maharashtra revised its foreign liquor prices in June, sales have drastically reduced, impacting the revenue generated from excise duty.
1 mins
October 19, 2025

The New Indian Express Madurai
KERALA BATTLES FOR NEW IDENTITIES
KERALA, long hailed as a cradle of social reform and progressive politics, is undergoing a profound political shift.
4 mins
October 19, 2025
The New Indian Express Madurai
Alimony can’t be granted to financially independent spouse, says Delhi HC
Family court dissolved marriage, refused alimony
1 mins
October 19, 2025

The New Indian Express Madurai
Espresso, Art, and Timeless Streets
In this Italian city, baroque beauty and avant-garde spirit blend into something irresistibly real
3 mins
October 19, 2025
The New Indian Express Madurai
Where Exile Meets Flavour
In chaotic Delhi-NCR, a restaurant carries a lost people back to the warmth of their Kashmiri hearths
1 mins
October 19, 2025
The New Indian Express Madurai
'No-poop' fiat, man makes bus firm pay ₹10K
THE 'relief' was in sight but to no avail, as the passenger was told by the bus staff that the toilet inside the overnight private bus can be used only for urination and not defecation.
1 min
October 19, 2025

The New Indian Express Madurai
Heavy rain in 40 places, new weather system may bring more showers in TN
THE northeast monsoon remained vigorous over Tamil Nadu on Saturday bringing widespread rainfall to several districts and neighbouring Puducherry and Karaikal regions.
1 min
October 19, 2025
The New Indian Express Madurai
Paras to go after Chirag nominees in chacha-bhatija duel
AMONG the interesting contests brewing in the Bihar elections is the one between two different parties that share the same political legacy.
1 min
October 19, 2025
The New Indian Express Madurai
Home is Not Always Where the Heart is
It's happening in West Asia currently. But since time immemorial, we have read books and seen movies about people coming home from war and emotionally reuniting with their families and friends.
2 mins
October 19, 2025
The New Indian Express Madurai
Avians can Teach Us the Value of the World
The air was cut with birdcalls.
2 mins
October 19, 2025
Listen
Translate
Change font size