Designated authority under Direct Tax Dispute Resolution Scheme

By | June 3, 2016

LETTER [F.NO.279/MISC/M-61/2016, DATED 1-6-2016

The Direct Tax Dispute Resolution Scheme 2016 (hereinafter referred to as the Scheme) introduced vide Finance Act, 2016 (28 of 2016), provides to the “declarant” a mechanism to resolve disputes pending before Commissioners of Income Tax (Appeals) as on 29-2-2016 and pertaining to “disputed tax”and/or “specified tax”.

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

3. Considering the requirements of the scheme, administrative efficiency, convenience of tax payers and equitable distribution of work, the Principal Chief Commissioners of Income Tax addressed above will notify that the jurisdictional Principal Commissioner of Income Tax or the Commissioner of Income Tax, as the case may be, who exercises jurisdiction under section 120 of the Act, as notified by the CBDT from time to time over such “declarant”, shall be the “designated authority” as referred to in the Scheme.

4. It may be ensured that the notification is issued immediately and encompasses all Principal Commissioners of Income Tax (including Central) and Commissioners of Income Tax (TDS) & (Exemptions) in the Region. Compliance in this regard may be reported by 2-6-2016.

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