§ 431
Chapter XX — Refunds
Refunds
Income-tax Act, 2025
If a taxpayer can demonstrate to the Assessing Officer that the tax paid (or deemed paid) for a particular year exceeds the actual tax liability, they are eligible to receive a refund of the surplus amount. This right also extends to certain special situations defined under the Act.
📜 Official text of the section +
431. If any person satisfies the Assessing Officer that the amount of tax paid by him
or on his behalf or treated as paid by him or on his behalf for any tax year
exceeds the amount with which he is properly chargeable under this Act for that
year, he shall be entitled to a refund of the excess.
Person entitled to claim refund in certain special cases.
Plain-language summary — not the official text. Refer to the bare Act and confirm with a professional for your specific case.