CS Professional · Advanced Direct Tax Laws and Practice · Appeals
Under section 379 of the Income-tax Act, 2025, which of the following is a condition for an order to be a 'specified order' eligible for resolution by the Dispute Resolution Committee?
A specified order must have aggregate variations proposed or made not exceeding ten lakh rupees. It must also not be based on search, requisition, survey or treaty information, and any return filed must show total income not exceeding fifty lakh rupees, under section 379(4).
- AThe aggregate sum of variations proposed or made does not exceed ten lakh rupeesCorrect
- BThe order must be based on a search initiated under section 247
- CThe total income as per the return, if filed, must exceed fifty lakh rupees
- DThe order must be based on information received under an agreement referred to in section 159
Explanation
Section 379(4) requires that the aggregate variations do not exceed ten lakh rupees, that the order is not based on search, requisition, survey or information under an agreement, and that any return shows total income not exceeding fifty lakh rupees. The search-based and agreement-information options are expressly excluded, and the fifty lakh option reverses the limit.
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