Dispute Resolution Panel procedure governs draft assessments, objections, binding directions, and completion of assessment for eligible assessees. Reference to the Dispute Resolution Panel provides a draft-assessment procedure for eligible assessees where a proposed variation is prejudicial to their interests. The assessee may accept the variation or file objections with both the Panel and the Assessing Officer within thirty days. Where objections are filed, the Panel may conduct or cause further enquiry and issue binding written directions, which may confirm, reduce, or enhance the proposed variation, and the Assessing Officer must complete the assessment in conformity with those directions within the prescribed time.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Dispute Resolution Panel procedure governs draft assessments, objections, binding directions, and completion of assessment for eligible assessees.
Reference to the Dispute Resolution Panel provides a draft-assessment procedure for eligible assessees where a proposed variation is prejudicial to their interests. The assessee may accept the variation or file objections with both the Panel and the Assessing Officer within thirty days. Where objections are filed, the Panel may conduct or cause further enquiry and issue binding written directions, which may confirm, reduce, or enhance the proposed variation, and the Assessing Officer must complete the assessment in conformity with those directions within the prescribed time.
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