The Central Government may make a scheme for the purposes of dispute resolution - Section 245MA(3) to (5) - Income Tax - Ready Reckoner - Income Tax

The Central Government may make a scheme for the purposes of dispute resolution [ Section 245MA(3) to (5) ] The Central Government may make a scheme, by notification in the Official Gazette, for the purposes of dispute resolution under this Chapter, so as to impart greater efficiency, transparency and accountability by- (a) eliminating the interface between the Dispute Resolution Committee and the assessee in the course of dispute resolution proceedings to the extent technologically feasible; (b) optimising utilisation of the resources through economies of scale and functional specialisation; (c) introducing a dispute resolution system with dynamic jurisdiction. [ Section 245MA(3) ] The Central Government may, for the purposes of giving effect to the scheme made under sub-section (3), by notification in the Official Gazette, direct that any of the provisions of this Act shall not apply or shall apply with such exceptions, modifications and adaptations as may be specified in the said notification: No such direction shall be issued after the 31st day of March, 2023. The Central Government may amend any direction, issued under this sub-section on or before the 31st day of March, 2023, by notification in the Official Gazette. [ Section 245MA(4) ] Every notification issued under sub-sections (3) and (4) shall, as soon as may be after the notification is issued, be laid before each House of Parliament. [ Section 245MA(5) ]