No refund if ITR filed post due date in new income tax bill? I-T dept issues this clarification

Experts pointed out that the new income tax bill proposed for FY2026-27 would require taxpayers to file their ITR by the due date to claim refunds, unlike the current I-T rules, which allowed for claiming refunds even when taxpayers file belated returns. The I-T department issued clarification in this regard, noting that refund-related provisions will not be changed.