https://www.taxtmi.com/notifications?id=132769 Rule 44G establishes a MAP process whereby a resident may apply in Form No. 34F to the Competent Authority in India or the Competent Authority may act on references from treaty partners; the Competent Authority may call records, seek documents and discussions to resolve disputes and shall endeavour to reach a resolution within an average of twenty four months. Resolutions are communicated to the assessee who has thirty days to accept with proof of appeal withdrawal; on acceptance the Competent Authority forwards the resolution to senior officials and the Assessing Officer, who must give effect by written order within one month, notify tax payable, and the assessee must pay and submit proof, following which appeals are withdrawn and tax, interest or penalty adjusted in accordance with the resolution. en-us Wed, 06 May 2020 00:00:00 +0530 Thu, 07 May 2020 10:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=132769 Rule 44G establishes a MAP process whereby a resident may apply in Form No. 34F to the Competent Authority in India or the Competent Authority may act on references from treaty partners; the Competent Authority may call records, seek documents and discussions to resolve disputes and shall endeavour to reach a resolution within an average of twenty four months. Resolutions are communicated to the assessee who has thirty days to accept with proof of appeal withdrawal; on acceptance the Competent Authority forwards the resolution to senior officials and the Assessing Officer, who must give effect by written order within one month, notify tax payable, and the assessee must pay and submit proof, following which appeals are withdrawn and tax, interest or penalty adjusted in accordance with the resolution. Notifications Income Tax Wed, 06 May 2020 00:00:00 +0530 https://www.taxtmi.com/notifications?id=132769