DRC eligibility conditions define when Form 34BC can be used to seek review of specified income tax orders. An assessee may file Form 34BC to approach the Dispute Resolution Committee against specified orders only if: the aggregate variation proposed or made in the order does not exceed the specified monetary threshold; the return for the relevant assessment year has been furnished and the total income reported in that return does not exceed the specified ceiling; and the order is not based on search, requisition, or survey proceedings or on information received under an international information sharing agreement. For variations relating to tax deduction or collection defaults, the variation refers to the amount on which tax was not deducted or collected.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
DRC eligibility conditions define when Form 34BC can be used to seek review of specified income tax orders.
An assessee may file Form 34BC to approach the Dispute Resolution Committee against specified orders only if: the aggregate variation proposed or made in the order does not exceed the specified monetary threshold; the return for the relevant assessment year has been furnished and the total income reported in that return does not exceed the specified ceiling; and the order is not based on search, requisition, or survey proceedings or on information received under an international information sharing agreement. For variations relating to tax deduction or collection defaults, the variation refers to the amount on which tax was not deducted or collected.
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