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<h1>CBDT Sets Up Dispute Resolution Panel-IV in Mumbai Effective November 2014, Under Income-tax Act and DRP Rules.</h1> The Central Board of Direct Taxes (CBDT) has established the Dispute Resolution Panel-IV in Mumbai, effective from November 1, 2014. This panel is constituted under the powers granted by the Income-tax Act, 1961, and the Dispute Resolution Panel Rules, 2009. It comprises three Commissioners of Income-tax from Mumbai as members, with an additional reserve member. These members will perform their duties on the panel alongside their regular responsibilities. The order has been issued with the approval of the CBDT Chairman and communicated to relevant officers and departments.