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of <h1>CBDT Forms Dispute Resolution Panels Under Income-tax Act for Fair Tax Disputes; Effective August 2013.</h1> The Central Board of Direct Taxes (CBDT) has constituted a Dispute Resolution Panel (DRP) for various jurisdictions as per the Income-tax Act, 1961, and the Income-tax (Dispute Resolution Panel) Rules, 2009. Each panel comprises three Commissioners of Income Tax. If a member of the panel was the supervising officer of the Transfer Pricing Officer or Assessing Officer at the time of issuing the relevant order, an alternate panel member will be appointed. Taxpayers can agree to their case being heard by the members specified in the table. This order is effective from August 19, 2013, with the Chairperson's approval.
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