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What are the specific provisions outlined under Section 144B of the Income Tax Act? | #income tax

What are the specific provisions outlined under Section 144B of the Income Tax Act?

What are the specific provisions outlined under Section 144B of the Income Tax Act?

The creation of a dispute resolution panel (DRP) to settle disagreements resulting from a draft assessment decision is covered by Section 144B of the Income Tax Act. Section 144B of the Income Tax Act permits correspondence between the taxpayer and the DRP prior to the final assessment. B