Source: PIB
Context: The Central Board of Direct Taxes (CBDT) has introduced the e-Dispute Resolution Scheme (e-DRS) 2022 to reduce litigation and provide relief to eligible taxpayers.
Under this scheme, taxpayers can file applications electronically for dispute resolution with Dispute Resolution Committees (DRCs) across 18 regional jurisdictions.
- Eligibility: Taxpayers can use e-DRS for disputes involving specified orders where the aggregate variations are under ₹10 lakh and the returned income is under ₹50 lakh, excluding cases based on searches or certain agreements.
- DRC Procedures: The DRCs can modify orders, reduce or waive penalties, and must issue decisions within six months from the end of the month in which the application is admitted.
- Filing Process: Applications are to be submitted online through the Income Tax Department’s portal using Form No. 34BC.
