CBDT notifies Constitution of Dispute Resolution Committee for Income Tax Disputes [Read Notification]

By Taxscan Team - On April 6, 2022 5:54 pm - 2 mins read

CBDT - Constitution of Dispute Resolution Committee - Income Tax Disputes - Taxscan

The Central Board of Direct Taxes (CBDT) has notified the constitution of the Dispute Resolution Committee for income tax disputes under section 245MA read with section 295 of the Income Tax Act, 1961. In Budget 2021, the Minister of Finance has proposed the formation of a Dispute Resolution Committee (DRC) in order to provide quick…

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