Dispute Resolution Panel composition adjusted to replace conflicted supervising officers, with alternative members and taxpayer objection mechanism. The Central Board of Direct Taxes constitutes three-member Dispute Resolution Panels for specified areas, naming primary and alternate members; where a listed member was the supervising officer of the Transfer Pricing Officer or Assessing Officer at the time of issuance of the transfer pricing or draft assessment order, the alternate members shall constitute the Panel for that draft assessment. Taxpayers may consent to the primary panel; members will perform DRP duties in addition to regular duties until directions are issued, and the order supersedes earlier orders and is effective from the notified effective date.
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Dispute Resolution Panel composition adjusted to replace conflicted supervising officers, with alternative members and taxpayer objection mechanism.
The Central Board of Direct Taxes constitutes three-member Dispute Resolution Panels for specified areas, naming primary and alternate members; where a listed member was the supervising officer of the Transfer Pricing Officer or Assessing Officer at the time of issuance of the transfer pricing or draft assessment order, the alternate members shall constitute the Panel for that draft assessment. Taxpayers may consent to the primary panel; members will perform DRP duties in addition to regular duties until directions are issued, and the order supersedes earlier orders and is effective from the notified effective date.
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