The Central Board of Direct Taxes (CBDT) has recently introduced the e-Dispute Resolution Scheme, 2022 (e-DRS) to help minimize litigation and provide relief to eligible taxpayers.
"In pursuance of section 245MA in the Income-tax Act, 1961, the Central Board of Direct Taxes (CBDT) had notified the e-Dispute Resolution Scheme, 2022 (e-DRS) with the aim to reduce litigation and provide relief to eligible taxpayers. Section 245MA of the Act also provides for the constitution of Dispute Resolution Committees (DRC).” the notification said.
Section 245 MA has been inserted in the Income-tax Act, 1961 to create a new mechanism for small taxpayers, which allows such taxpayers to resolve their disputes with minimum cost and compliance burden.
The e-DRS enables the taxpayer, who fulfils certain specified conditions as stipulated in section 245MA of the Act, to file an application electronically for dispute resolution to the DRC designated for the region of Principal Chief Commissioner of Income-tax having jurisdiction over the taxpayer. To this end, DRCs have been constituted in all 18 jurisdictional Pr. CCIT regions across the country.
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