New Delhi: In a move to provide relief to taxpayers and reduce litigation, the Central Board of Direct Taxes (CBDT) has introduced the e-Dispute Resolution Scheme, 2022. This new scheme allows taxpayers to resolve disputes with the tax department in cases where the additional tax liability is less than ₹10 lakh.
Under this scheme, taxpayers who meet certain criteria can file an application electronically with the Dispute Resolution Committee (DRC) for their region. These DRCs have been set up in all 18 jurisdictional regions across the country, and a list of these committees, along with their contact information, is available on the income tax portal.
When Can Taxpayers Use The E-Dispute Resolution System?
Taxpayers can opt for the e-Dispute Resolution System in cases where the order from the tax department involves an amount lower than Rs 10 lakh, and the income for the relevant assessment year does not exceed Rs 50 lakh. Additionally, the order should not be based on any search or survey, nor on information received under agreements with foreign countries (sections 90 or 90A of the Income Tax Act).
Related News |
Update Your Aadhaar Card Now For Free Before September 14: Check Details
How To Access The E-Dispute Resolution System?
To use the e-Dispute Resolution System, follow these steps:
1. Log in to your account on the income tax portal using your PAN or TAN as the user ID.
2. Go to the Dashboard and select "e-files."
3. Navigate to "Income tax forms."
4. Click on "File income tax forms."
5. Under the section "persons not dependent on any source of income," select "dispute resolution committee" (Form 34BC).
6. Fill out Form 34BC with the necessary details.
7. Review the information you’ve entered.
8. E-verify the form using Aadhaar OTP, EVC, or DSC.
Related News |
Earn Rs 20,000 Every Month with One-Time Investment In This Government Scheme – Check Return Calculator