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    <title>CONSTITUTION OF ALTERNATE DISPUTE RESOLUTION MECHANISM</title>
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    <description>Section 144C creates a Dispute Resolution Panel of three Commissioners to review objections to draft assessment variations arising from Transfer Pricing Officer orders; an eligible assessee has thirty days to accept or object to the draft. The Panel examines the draft, objections, evidence and reports, may confirm, reduce or enhance proposed variations, and must issue binding directions within nine months. The Assessing Officer must then complete assessment in conformity with those directions within one month, or complete on the draft if acceptance is given or no objections filed.</description>
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    <pubDate>Thu, 23 Jul 2009 00:00:00 +0530</pubDate>
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      <title>CONSTITUTION OF ALTERNATE DISPUTE RESOLUTION MECHANISM</title>
      <link>https://www.taxtmi.com/article/detailed?id=432</link>
      <description>Section 144C creates a Dispute Resolution Panel of three Commissioners to review objections to draft assessment variations arising from Transfer Pricing Officer orders; an eligible assessee has thirty days to accept or object to the draft. The Panel examines the draft, objections, evidence and reports, may confirm, reduce or enhance proposed variations, and must issue binding directions within nine months. The Assessing Officer must then complete assessment in conformity with those directions within one month, or complete on the draft if acceptance is given or no objections filed.</description>
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      <pubDate>Thu, 23 Jul 2009 00:00:00 +0530</pubDate>
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