Aditya Bhattachrya Quoted in Business Standard on Withdrawal of Income-Tax Bill, 2025

Aditya Bhattachrya shared his expert perspective in a recent Business Standard article analyzing the withdrawal of the Income-Tax Bill, 2025, following recommendations from the Parliamentary Select Committee.

Commenting on the move, Aditya observed, “The withdrawal of the Income-Tax Bill, 2025, pursuant to the recommendations of the Parliamentary Select Committee, signifies the Legislature’s recognition that enactments affecting the fiscal rights and obligations of citizens must be free from drafting inconsistencies and interpretational ambiguities.”

 He further emphasized, “In view of the concerns identified—particularly in relation to computation of income from house property, standard deduction from salary, and treatment of pension benefits—it is prudent to revisit the text to ensure that the provisions are precise, unambiguous, and capable of uniform application. Such a course not only mitigates potential litigation but also fortifies the credibility and stability of the direct tax framework.”

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