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of <h1>Direct Tax Dispute Resolution Scheme, 2016: Deadline Extended to 31st January 2017 to Aid Taxpayers and Reduce Litigation.</h1> The deadline for the Direct Tax Dispute Resolution Scheme, 2016, has been extended to 31st January, 2017, following requests from various stakeholders and to facilitate taxpayers. Initially set to end on 31st December, 2016, the scheme aims to reduce pending litigation and was introduced by the Finance Act, 2016. It became effective on 1st June, 2016, as per notification S.O. 1902(E) dated 26th May, 2016. Further details are available on the income tax department's website.
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