The Indian government plans to amend the Income Tax Bill 2025 to address a contradictory clause that denies refunds for belated returns. According to officials, this clause was a drafting error, and the refund rules will remain the same as the current law. *Key Points:* - *Section 433*: The new Income Tax Bill 2025 states that a refund must be claimed by filing a return, regardless of whether it's belated. However, Section 263(1)(a)(ix) specifies that to qualify for a refund, the return must be filed on or before the due date, creating a contradiction. - *Amendment*: The government is likely to amend this provision to align with the current law, allowing taxpayers to claim refunds even if they file belated returns. - *Current Refund Process*: Taxpayers can claim refunds by filing their income tax returns and declaring their income, deductions, and tax paid details. Refunds are usually credited to the taxpayer's account within 4 to 5 weeks after e-verification of the return. *Impact on Taxpayers:* - Taxpayers who file belated returns will still be eligible for refunds. - The amendment aims to resolve the confusion caused by the contradictory clause and provide clarity on refund rules .