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<h1>Direct Tax Dispute Resolution Scheme 2016: Clauses 197-208 Define Terms, Procedures, and Immunities for Tax Dispute Settlement</h1> The Direct Tax Dispute Resolution Scheme, 2016, outlined in Clauses 197 to 208 of the Finance Bill, 2016, introduces definitions and procedures for resolving tax disputes. Key terms include 'declarant,' 'designated authority,' 'disputed income,' 'disputed tax,' 'disputed wealth,' 'specified tax,' and 'tax arrear.' The Scheme, effective from June 1, 2016, details the declaration process, payment methods, and conditions for immunity from penalties. It also specifies non-applicability in certain cases and grants the Central Government authority to issue directions and resolve difficulties in implementing the Scheme.