TaxTMI 
TaxTMI 
Rule 142A has been amended by Notification No. 79/2020-CT dated 15.10.2020, replacing the word "shall" with "may" and it is effective from that date. Whether this amendment is applicable for the DRC-01 for the FY 2017-18? In other words, the issue of DRC-01A is a must for SCN for the years 2017-18 to 2019-20.
amendment to Rule 142A
25 Oct 2023 
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Discretion to issue DRC-01A now permits officers to issue it for earlier fiscal years, subject to case facts.
The procedural rule amendment replacing the mandatory term "shall" with discretionary "may" (effective 15.10.2020) makes issuance of DRC-01A a matter of administrative discretion; officers may, but are not required to, issue DRC-01A after the amendment and such issuance can cover earlier fiscal years depending on facts and circumstances. (AI Summary)
The procedural rule amendment replacing the mandatory term "shall" with discretionary "may" (effective 15.10.2020) makes issuance of DRC-01A a matter of administrative discretion; officers may, but are not required to, issue DRC-01A after the amendment and such issuance can cover earlier fiscal years depending on facts and circumstances. (AI Summary)