Income Tax Bill 2025: Refunds for Belated Returns, House Property Deduction Clarified

Last updated: 13 August 2025 Follow on Google News

Individual taxpayers can expect much-needed clarity on tax refunds for belated returns and the computation of standard deductions on house property after the Lok Sabha passed the reintroduced Income Tax Bill, 2025 on August 11. The updated legislation incorporates several key amendments recommended

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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