TMI BlogIncome-tax (Seventh Amendment) Rules, 2022X X X X Extracts X X X X X X X X Extracts X X X X ..... the date of their publication in the Official Gazette. 2. In the Income-tax Rules, 1962 (hereinafter referred to as the principal rules), after PART IX-A , the following PART shall be inserted, namely: PART IX-AA DISPUTE RESOLUTION COMMITTEE 44DAA. Constitution of Dispute Resolution Committee. (1) The Central Government shall constitute a Dispute Resolution Committee for every region of Principal Chief Commissioner of Income-tax for dispute resolution, as provided under the Chapter XIX-AA of the Act. (2) Each Dispute Resolution Committee shall consist of three members, as under: (a) two members shall be retired officers from the Indian Revenue Service (Income-tax), who have held the post of Commissioner of Inco ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cheme, 2022, and subject to such conditions as it may think fit to impose for the reasons to be recorded in writing, grant to the person who made the application for dispute resolution under section 245MA of the Act, waiver of penalty imposable or immunity from prosecution or both, in respect of the order which is the subject matter of resolution, if it is satisfied that such person has, (i) paid the tax due on the returned income in full if available; and (ii) co-operated with the Dispute Resolution Committee in the proceedings before it. (2) Notwithstanding anything contained in sub-rule (1), no immunity shall be granted by the Dispute Resolution Committee in a case where the proceedings for the prosecution for an offence have ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nditions are satisfied, namely: (A) the aggregate sum of variations proposed or made in such order does not exceed ten lakh rupees; (B) the return has been furnished by the assessee for the assessment year relevant to such order and the total income as per such return does not exceed fifty lakh rupees; and (C) the order in the case of the assessee is not based on, (I) search initiated under section 132 of the Act or requisition made under section 132A of the Act in the case of the assessee or any other person; or (II) survey carried out under section 133A of the Act; or (III) information received under an agreement referred to in section 90 or 90A of the Act. Explanation: For the purposes of clause (e) of sub-rule ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Area/ Locality Town/City/District State (Select) Country (Select) Pin Code Phone No. with STD code/ Mobile No. Email Address Order against which application is filed 1 Assessment year in connection with which the application is preferred/ Enter financial year in case Application is filed against an order where assessment year is not relevant Assessment Year Financial Year 2 Details of specified order against which application is filed a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ssment year/ financial year in connection with which the application has been preferred d Income-tax Authority passing the specified order e Section and sub-section of the Act, under which the specified order has been passed f Date of such Order Details of Taxes paid 6 Where a return has been filed by the assessee for the assessment year in connection with which the application is filed, whether tax due on income returned has been paid in full Yes/No/Not Applicable 6.1 If reply t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... income 11 Details of tax paid on returned income Assessment Year Tax due as per return Tax paid on RoI Date of filing of 12 Registered email ID/ address to which notices may be sent to the assessee Form of verification I, ____________________PAN- ________________, do hereby declare that what is stated above is true to the best of my information and belief. It is also certified that no additional evidence other than the evidence stated in row 8.1 above has been filed. Place S ..... X X X X Extracts X X X X X X X X Extracts X X X X
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