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Meaning of Specified Orders - Income Tax - Ready Reckoner - Income TaxExtract Meaning of Specified Orders Specified Orders means orders satisfied following conditions: The order including draft order as specified by the CBDT, The aggregate amount of variations proposed or made in the said order is upto ₹10 lakhs, The order is not based on Search initiated u/s 132 or survey u/s 133A ; or Requisition u/s 132A in the case of assessee or any other person; or Information received under DTAA referred to in Section 90 / 90A ; Where return has been filed by the assessee for the AY relevant to such order, the total income as per such return upto ₹ 50 lakhs. Orders specified by CBDT Specified order , in relation to a dispute u/s 245MA , means: - A draft order with variation as referred u/s 114C(1) An intimation u/s 143(1) / 200A / 206CB ; An order of assessment/reassessment, except an order passed as per directions of the DRP; A rectification order u/s 154 having the effect of enhancing the assessment or reducing the loss; or An order made u/s 201 / 206C(6A) deeming a person as an assessee-in-default [the variation in the specified order relating to default in TDS/TCS would refer to the amount on which tax has not been deducted or collected]
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