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Direct Tax Dispute Resolution Scheme 2016 which has come into force from 1st June 2016 can be availed up to 31st December 2016

News and Press Release - Dated:- 15-9-2016 - Litigation is a scourge for a tax friendly regime. In order to reduce the pending litigation, the Direct Tax Dispute Resolution Scheme, 2016 (the Scheme) has come into force from 1st June, 2016 and can be availed up to 31st December, 2016. The Scheme is available to the cases pending with the first appellate authority [i.e. CIT (A)] as on 29th February, 2016, subject to certain conditions. It also extends to the cases pending litigation owing to retro .....

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