Dispute Resolution Committee framework streamlines tax dispute resolution, with penalty relief and prosecution immunity for eligible cases. Establishes a Dispute Resolution Committee framework for eligible persons opting for dispute resolution in respect of variation in a specified order and satisfying prescribed conditions. The Committee may reduce or waive penalty and grant immunity from prosecution where the dispute is resolved under the Chapter. The Assessing Officer must give effect to the Committee's directions within the prescribed time, and the Central Government may frame a scheme to improve efficiency, transparency and accountability through reduced interface, resource optimisation and dynamic jurisdiction.