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. The taxpayer has the option to contact the DRP prior to the final assessment thanks to Section 144B of the Income Tax Act. By using an alternate dispute resolution method, the goal is to expedite the resolution of tax-related disputes while maintaining justice and streamlining the process. By serving as a middleman, the DRP adds another level of examination and makes the tax dispute resolution procedure run more smoothly.
