Clarification required on Dispute Resolution Scheme, 2016

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Pending tax disputes have been one of the major concerns of the government in recent times. Considering the huge pending disputes, the government has introduced the Income Tax Dispute Resolution Scheme, 2016. This scheme can be very effectively used by a section of taxpayers and has the potential to successfully reduce significant litigation. However, the scheme suffers from a number of ambiguities. This gives rise to confusion and possibly taxpayers’ reluctance to opt for the scheme. Some of the ambiguities are:

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