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Income Tax - Frequently Asked Questions (FAQs) |
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FAQ on e-Dispute Resolution Committee and Form 34BC |
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Can e-DRC terminate the proceedings? |
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Ans. e-DRC may at any stage during the proceedings, decide to terminate the proceedings, if: (i) the appellant fails to cooperate during the course of proceedings. (ii) the appellant fails to respond to, or submit any information in response to a notice. (iii) committee is satisfied that assessee/appellant has concealed any particular material to the proceedings or had given false evidence. (iv) the assessee fails to pay the demand as required in clause xviii of sub para (1) of paragraph 4 of the Scheme. |
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