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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 will applicant do after the payment of demand? |
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Ans. The applicant shall furnish the proof of payment of demand to e-DRC and also to the Jurisdictional Assessing Officer. The e-DRC on receipt of confirmation of payment of demand, by an order in writing, grant immunity from prosecution and waiver/reduction of penalty, if applicable. |
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