e-Dispute Resolution Scheme, 2022

E-Dispute Resolution Scheme, 2022

Chapter 1: Introduction ……………………………………………………………………… 1
Note on Clause 67 of Finance Bill, 2022 …………………………………………………………1
Extract of Clause 67 of Finance Bill, 2022 ………………………………………………………2
Purpose of the amendment……………………………………………………………………………2
Key Features of the e-DRS Scheme ………………………………………………………………..2
Benefits of the e-DRS Scheme ………………………………………………………………………..3
Features of e-Dispute Resolution Scheme, 2022 …………………………………………….3
Eligible person ………………………………………………………………………………………………4
Application shall be filed in the Form No. 34BC ……………………………………………4
Entire communication will be in electronic mode …………………………………………5
Proceedings not open to the public ……………………………………………………………….5
Language of the Dispute Resolution Committee …………………………………………..5
DRC has no power to reduce or waive the interest ……………………………………….6
No provision for appeal ………………………………………………………………………………..6
For accepted additions or non-qualifying additions ……………………………………..6
Comparative appeal summary with CIT(A) / JCIT(A) Vs. Application
with E-Dispute Resolution Scheme, 2022 ……………………………………………….6