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of <h1>Income Tax Bill 2025 Clause 379 creates Dispute Resolution Committees for taxpayers with variations under ten lakh rupees</h1> The Income Tax Bill 2025's Clause 379 establishes Dispute Resolution Committees (DRCs) for taxpayers, largely mirroring Section 245MA of the Income Tax Act 1961. The Central Government constitutes DRCs for specified taxpayer categories, with eligibility limited to cases involving variations under ten lakh rupees and total income under fifty lakh rupees. DRCs can modify assessment variations, reduce penalties, and grant prosecution immunity. The mechanism excludes search/survey cases and international tax matters. Key differences from the existing provision include updated section references and greater reliance on subordinate legislation for procedural details, while maintaining the core objective of providing expeditious dispute resolution for small taxpayers.
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