MISCELLANEOUS - Income Tax Bill, 2025

Chapter: XXIII
MISCELLANEOUS
Clause 499	:	Certain transfers to be void. Clause 499 of the Bill seeks to provide that transfers of assets shall be void as against any claim in respect of any tax pay....
Clause 500	:	Provisional attachment to protect revenue in certain cases. Clause 500 of the Bill empowers the Assessing Officer to provisionally attach any property belonging to the assessee during t....
Clause 501	:	Service of notice, generally. Clause 501 of the Bill seeks to provide mode of service of a notice, summon, requisition, order or any other communication.....
Clause 502	:	Authentication of notices and other documents. Clause 502 of the Bill provides for manner of authentication of a notice or other document shall be issued by any income-tax ....
Clause 503	:	Service of notice when family is disrupted or firm etc., is dissolved. Clause 503 of the Bill seeks to provide for service of notice on partition of a Hindu undivided family or on dissolution of a....
Clause 504	:	Service of notice in case of discontinued business. Clause 504 of the Bill seeks to provide for service of notice to be made in the case of a discontinued business or profession....
Clause 505	:	Submission of statement by a non-resident having liaison office. Clause 505 of the Bill provides for submission of statement a non-resident, having a liaison office in India set up as per th....
Clause 506	:	Furnishing of information or documents by an Indian concern in certain cases. Clause 506 of the Bill seeks to provide for furnishing information or documents by an Indian concern in certain cases to the ....
Clause 507	:	Submission of statements by producers of cinematograph films or persons engaged in specified activity. Clause 507 of the Bill seeks to provide for submission of statements by persons carrying on the production of a cinematograph....
Clause 508	:	Obligation to furnish statement of financial transaction or reportable account. Clause 508 of the Bill seeks to provide for furnishing of statement by a prescribed reporting financial institution in respec....
Clause 509	:	Obligation to furnish information on transaction of crypto-asset. Clause 509 of the Bill seeks to provide for furnishing of information in respect of a transaction of a crypto-asset.....
Clause 510	:	Annual information statement. Clause 510 of the Bill seeks to provide that the prescribed income-tax authority or the person authorised by such authority s....
Clause 511	:	Furnishing of report in respect of international group. Clause 511 of the Bill seeks to provide for furnishing of reports in respect of international group.....
Clause 512	:	Publication of information respecting assessees in certain cases. Clause 512 of the Bill seeks to provide for publication of information in respect of proceedings or prosecution in certain ca....
Clause 513	:	Appearance by registered valuer in certain matters. Clause 513 of the Bill seeks to provide that any assessee who is entitled or required to attend before any income-tax authori....
Clause 514	:	Registration of valuers. Clause 514 of the Bill seeks to provide for the procedure for registration of valuers.....
Clause 515	:	Appearance by authorised representative. Clause 515 of the Bill seeks to provide that an assessee, entitled or required to attend before an income-tax authority or Ap....
Clause 516	:	Rounding off of amount of total income, or tax payable or refundable. Clause 516 of the Bill seeks to provide for rounding off of amount of total income, or tax payable or payable or refundable.....
Clause 517	:	Receipt to be given. Clause 517 of the Bill seeks to provide that a receipt shall be given for any money paid or recovered under this Bill.....
Clause 518	:	Indemnity. Clause 518 of the Bill seeks to provide that every person deducting, retaining, or paying any tax in pursuance of this clause....
Clause 519	:	Power to tender immunity from prosecution. Clause 519 of the Bill seeks to provide for the power to tender immunity from prosecution to the Central Government.....
Clause 520	:	Cognizance of offences. Clause 520 of the Bill provides that no court inferior to that of a Judicial Magistrate of First Class shall try any offence ....
Clause 521	:	Probation of Offenders Act, 1958 and section 401 of Bharatiya Nagarik Suraksha Sanhita, 2023, not to apply. Clause 521 of the Bill seeks to provide for the barring of the application of the Probation of Offenders Act, 1958 and sectio....
Clause 522	:	Return of income, etc., not to be invalid on certain grounds. Clause 522 of the Bill seeks to that no return of income, assessment, notice, summons or other proceeding shall be invalid me....
Clause 523	:	Notice deemed to be valid in certain circumstances. Clause 523 of the Bill seeks to provide that where an assessee has appeared in any proceeding or cooperated in any inquiry re....
Clause 524	:	Presumption as to assets, books of account, etc. Clause 524 of the Bill provides for a rebuttable presumption with respect to books of account, other documents, money, bullio....
Clause 525	:	Authorisation and assessment in case of search or requisition. Clause 525 of the Bill seeks to provide for authorisation and assessment in case of search or requisition.....
Clause 526	:	Bar of suits in civil courts. Clause 526 of the Bill seeks to provide for bar of suits in civil courts in relation to proceedings under the Bill.....
Clause 527	:	Power to make exemption, etc., in relation to participation in business of prospecting for, extraction, etc., of mineral oils. Clause 527 of the Bill seeks to empower the Central Government to make exemption, etc., in relation to participation in busin....
Clause 528	:	Power of Central Government or Board to condone delays in obtaining approval. Clause 528 of the Bill seeks to empower the Central Government or Board to condone delays in obtaining approval.....
Clause 529	:	Power to withdraw approval. Clause 529 of the Bill seeks to specify for withdrawal of approval where Central Government or Board have the power to grant ....
Clause 530	:	Act to have effect pending legislative provision for charge of tax. Clause 530 of the Bill seeks to provide for effectivity for charge of tax in case of pending legislative provision.....
Clause 531	:	Power to rescind exemption in relation to certain Union territories already granted under section 294A of the Income-tax Act, 1961. Clause 531 of the Bill seeks to provide for rescinding exemption in relation to certain Union territories already granted.....
Clause 532	:	Power to frame schemes. Clause 532 of the Bill seeks to empower the Board, subject to the control of the Central Government, to make Schemes.....
Clause 533	:	Power to make rules. Clause 533 of the Bill seeks to empower the Board, subject to the control of the Central Government, to make rules.....
Clause 534	:	Laying before Parliament. Clause 534 of the Bill seeks to provide for laying of rules and certain notifications before Parliament.....
Clause 535	:	Removal of difficulties. Clause 535 of the Bill seeks to empower the Central Government to remove difficulties.....
Clause 536	:	Repeal and savings. Clause 536 of the Bill seeks to provide for repeal of the Income-tax Act, 1961 and saving of certain actions taken thereunder....