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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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What are the orders e-DRC can pass? |
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Ans. e-DRC can pass three types of orders. They are as under: (i) make modifications in variations in specified order and decide for waiver/reduction of penalty and immunity from prosecution in accordance with Rule 44DAC (ii) not to make modifications in variations in specified order and decide for waiver/reduction of penalty and immunity from prosecution in accordance with Rule 44DAC (iii) not to make modifications in variations in specified order |
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