{"id":124727,"date":"2024-08-30T20:11:05","date_gmt":"2024-08-30T20:11:05","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/08\/30\/e-drs-cbdt-forms-dispute-resolution-committees-in-18-jurisdictions\/"},"modified":"2024-08-30T20:11:06","modified_gmt":"2024-08-30T20:11:06","slug":"e-drs-cbdt-forms-dispute-resolution-committees-in-18-jurisdictions","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/08\/30\/e-drs-cbdt-forms-dispute-resolution-committees-in-18-jurisdictions\/","title":{"rendered":"E-DRS: CBDT forms dispute resolution committees in 18 jurisdictions"},"content":{"rendered":"<div style=\"text-align:center\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"450\" src=\"https:\/\/i2.wp.com\/img.etimg.com\/photo\/msid-112934272,imgsize-41978.cms?fit=600,450&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"E-DRS: CBDT forms dispute resolution committees in 18 jurisdictions\" title=\"E-DRS: CBDT forms dispute resolution committees in 18 jurisdictions\" \/><\/div>\n<div data-brcount=\"13\">NEW DELHI: The Central Board of Direct Taxes (<a data-ga-onclick=\"Inarticle articleshow link click#News#href\" target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/wealth\/cbdt\" rel=\"noopener\">CBDT<\/a>) Friday said it has constituted <a data-ga-onclick=\"Inarticle articleshow link click#News#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/dispute-resolution-committees\" target=\"_blank\" rel=\"noopener\">Dispute Resolution Committees<\/a> (DRCs) in all 18 regional jurisdictions to handle the e-Dispute Resolution Scheme (<a data-ga-onclick=\"Inarticle articleshow link click#News#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/e-drs\" target=\"_blank\" rel=\"noopener\">e-DRS<\/a>).<\/p>\n<p><!--\/article_liveblog.cms?msid=105115637&pos=toppotime:1-->The application must be filed within one month of receiving the specified order or by September 30, 2024, if an appeal is pending.<\/p>\n<p><a data-ga-onclick=\"Inarticle articleshow link click#News#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/taxpayers\" target=\"_blank\" rel=\"noopener\">Taxpayers<\/a> can file applications under the e-DRS against orders where the aggregate sum of variations does not exceed ?10 lakh and returned income does not exceed Rs 50 lakh.<\/p>\n<p>However, orders based on search and surveys or information received under international agreements are excluded from the scheme.<\/p>\n<p>The scheme was rolled out to minimize litigation and provide relief to eligible taxpayers.<\/p>\n<p>The scheme, notified under section 245MA of the <a data-ga-onclick=\"Inarticle articleshow link click#News#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/income-tax\" target=\"_blank\" rel=\"noopener\">Income-tax<\/a> Act, 1961, enables taxpayers to opt for electronic dispute resolution against specified orders, aiming to reduce the burden of litigation on the tax authorities and provide a faster resolution process.The e-DRS module is accessible on the income tax portal, and taxpayers can file applications using their PAN\/TAN as user ID.<br \/><!--\/article_liveblog.cms?msid=105115637&pos=botpotime:1--><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/economictimes.indiatimes.com\/news\/india\/e-drs-cbdt-forms-dispute-resolution-committees-in-18-jurisdictions\/articleshow\/112934272.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: The Central Board of Direct Taxes (CBDT) Friday said it has constituted Dispute Resolution Committees (DRCs) in all 18 regional jurisdictions to handle the e-Dispute Resolution Scheme (e-DRS). The application must be filed within one month of receiving the specified order or by September 30, 2024, if an appeal is pending. Taxpayers can [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":124728,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/img.etimg.com\/photo\/msid-112934272,imgsize-41978.cms","fifu_image_alt":"","footnotes":""},"categories":[602],"tags":[7933,37875,1965,101098,101099,101100,7401,1814,101101,10100,7389],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/124727"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=124727"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/124727\/revisions"}],"predecessor-version":[{"id":124729,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/124727\/revisions\/124729"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/124728"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=124727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=124727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=124727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}