section-144b

The creation of a dispute resolution panel (DRP) to settle disagreements resulting from a draft assessment decision is covered by Section 144B of the Income Tax Act . The Income Tax Act's Section 144B allows the taxpayer and the DRP to communicate prior to the final assessment. Upholding equality is the goal, and using an alternate dispute resolution method will expedite and streamline the process when it comes to tax-related concerns. By serving as a middleman, the DRP allows for an extra level of examination and speeds up the tax dispute resolution process.