Direct Tax Dispute Resolution Scheme 2016 - Designated Authority

By Vijay Kumar

THE Direct Tax Dispute Resolution Scheme 2016 introduced vide Finance Act 2016 provides a mechanism to resolve disputes pending before Commissioners of Income Tax (Appeals) as on 29.02.2016 and pertaining to "disputed tax" and/or "specified tax".

The Scheme also provides for the notification of the "designated authority" by the Principal Chief Commissioners of Income Tax.

Considering the requirements of the scheme, administrative efficiency, convenience of taxpayers and equitable distribution of work, CBDT wants the Principal Chief Commissioners of Income Tax to notify the jurisdictional Principal Commissioner of Income Tax or the Commissioner of Income Tax to be the "designated authority".

CBDT F. No. 279/Misc/M-61/2016., Dated: June 01, 2016