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	<title>TaxGuru &#187; drp</title>
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	<link>http://taxguru.in</link>
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		<title>Dispute Resolution Panel (DRP) Revised Constitution w.e.f. 23.05.2011</title>
		<link>http://taxguru.in/income-tax/dispute-resolution-panel-drp-revised-constitution-wef-23052011.html</link>
		<comments>http://taxguru.in/income-tax/dispute-resolution-panel-drp-revised-constitution-wef-23052011.html#comments</comments>
		<pubDate>Mon, 23 May 2011 08:48:20 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[Dispute Resolution Panel]]></category>
		<category><![CDATA[drp]]></category>
		<category><![CDATA[Income Tax Notifications]]></category>

		<guid isPermaLink="false">http://taxguru.in/?p=41445</guid>
		<description><![CDATA[Order No.4/FT&#038;TR/2011 - In exercise of powers conferred under section 144C of the Income Tax Act, 1961, and in supersession of Order No.1/FT&#038;TR-I/2011 dated 12.012011 and Order No.3/FT&#038;TR-I/2D11 dated 31.03.201, the Board hereby constitutes the Dispute Resolution Panel (DRP) comprising of three Commissioners of Income Tax/Directors of Income Tax as Members of DRP at the places given below, who shall perform such duties in addition to their regular duties with effect from 23.05.2011 and until further order:]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Section 144C of the Income-tax Act, 1961 &#8211; Reference to Dispute Resolution Panel (DRP) &#8211; Constitution of new DRP for specified places</title>
		<link>http://taxguru.in/income-tax/section-144c-of-the-income-tax-act-1961-reference-to-dispute-resolution-panel-drp-constitution-of-new-drp-for-specified-places.html</link>
		<comments>http://taxguru.in/income-tax/section-144c-of-the-income-tax-act-1961-reference-to-dispute-resolution-panel-drp-constitution-of-new-drp-for-specified-places.html#comments</comments>
		<pubDate>Sat, 22 Jan 2011 01:17:39 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[Constitution of new DRP]]></category>
		<category><![CDATA[Dispute Resolution Panel]]></category>
		<category><![CDATA[drp]]></category>

		<guid isPermaLink="false">http://taxguru.in/section-144c-of-the-income-tax-act-1961-reference-to-dispute-resolution-panel-drp-constitution-of-new-drp-for-specified-places-463.html</guid>
		<description><![CDATA[ORDER NO. 1/FT&#38;TR/2011 [F.No.500/15/2011-FTD-I], dated 12-1-2011 In exercise of powers conferred under section 144C of the Income-tax Act, 1961, and in supersession of Order No. 1/FT&#38;TR-II/2010, dated 10-2-2010, Order No. 2/FT&#38;TR-II/2010, dated 17-2-2010 and Order No. 4/FT&#38;TR-II/2010, dated 26-8-2010, the Board hereby constitutes the Dispute Resolution Panel (DRP) comprising of three Comissioners of Income-tax/Directors of [...]]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax/section-144c-of-the-income-tax-act-1961-reference-to-dispute-resolution-panel-drp-constitution-of-new-drp-for-specified-places.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Dispute Resolution Panel (DRP) Constitution w.e.f 12.01.2011</title>
		<link>http://taxguru.in/income-tax/dispute-resolution-panel-drp-constitution-w-e-f-12-01-2011.html</link>
		<comments>http://taxguru.in/income-tax/dispute-resolution-panel-drp-constitution-w-e-f-12-01-2011.html#comments</comments>
		<pubDate>Sat, 15 Jan 2011 12:49:14 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[Dispute Resolution Panels]]></category>
		<category><![CDATA[drp]]></category>

		<guid isPermaLink="false">http://taxguru.in/dispute-resolution-panel-drp-constitution-w.e.f-12.01.2011-1211.html</guid>
		<description><![CDATA[Vide Order No. 1/FT &#038; TR 2011 dated 12.01.2011, the Central Board of Direct Taxes has constituted 12 (Twelve)  Dispute Resolution Panels (DRP) to sit at various locations across the Country. ]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax/dispute-resolution-panel-drp-constitution-w-e-f-12-01-2011.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Government willing to resolve tax disputes between tax department and foreign companies operating in India</title>
		<link>http://taxguru.in/income-tax/government-willing-to-resolve-tax-disputes-between-tax-department-and-foreign-companies-operating-in-india.html</link>
		<comments>http://taxguru.in/income-tax/government-willing-to-resolve-tax-disputes-between-tax-department-and-foreign-companies-operating-in-india.html#comments</comments>
		<pubDate>Tue, 01 Jun 2010 02:07:54 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[Authority for Advance Ruling]]></category>
		<category><![CDATA[drp]]></category>
		<category><![CDATA[Foreign Companies]]></category>
		<category><![CDATA[Panel]]></category>
		<category><![CDATA[tax department]]></category>
		<category><![CDATA[tax dispute]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=28959</guid>
		<description><![CDATA[Government of India has been keen to provide a suitable mechanism for resolution of tax disputes between the tax department and foreign companies operating in India. In this direction government inserted provisions relating to Advance Rulings vide Finance Act, 1993. For this purpose, government has constituted an Authority for Advance Rulings which is headed by a retired judge of Supreme Court.]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax/government-willing-to-resolve-tax-disputes-between-tax-department-and-foreign-companies-operating-in-india.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>MNC preferring dispute resolution panel to settle their disputes with Income tax department</title>
		<link>http://taxguru.in/income-tax/mnc-preferring-dispute-resolution-panel-to-settle-their-disputes-with-income-tax-department.html</link>
		<comments>http://taxguru.in/income-tax/mnc-preferring-dispute-resolution-panel-to-settle-their-disputes-with-income-tax-department.html#comments</comments>
		<pubDate>Tue, 11 May 2010 02:09:49 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[cross-border taxation]]></category>
		<category><![CDATA[Dispute Resolution Panel]]></category>
		<category><![CDATA[drp]]></category>
		<category><![CDATA[itat]]></category>
		<category><![CDATA[permanent establishment]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=27288</guid>
		<description><![CDATA[A host of companies from Mumbai, said to be 367 in number and mostly multinational in nature, have moved the recently set up dispute resolution panel (DRP) to resolve issues related to cross-border taxation. An official in the I-T department said except two, all of the companies have chosen DRP instead of the conventional channel of appeal — that of approaching the commissioner (appeal).]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>MNC can now appeal with CIT (A) too in respect of transfer pricing related disputes</title>
		<link>http://taxguru.in/income-tax/mnc-can-now-appeal-with-cit-a-too-in-respect-of-transfer-pricing-related-disputes.html</link>
		<comments>http://taxguru.in/income-tax/mnc-can-now-appeal-with-cit-a-too-in-respect-of-transfer-pricing-related-disputes.html#comments</comments>
		<pubDate>Mon, 01 Feb 2010 03:09:18 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[Dispute Resolution Panel]]></category>
		<category><![CDATA[drp]]></category>
		<category><![CDATA[overseas transactions]]></category>
		<category><![CDATA[tpo]]></category>
		<category><![CDATA[Transfer Pricing]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=20310</guid>
		<description><![CDATA[This is good news for Multi-national companies (MNCs) operating in India. Over 1,600 such companies, who were asked to pay additional corporate taxes on account of their overseas transactions, now, have the option to appeal before the conventional forum of Commissioner (Appeal) as well as Dispute Resolution Panel (DRP) for redressal of their grievances. An appeal before the commissioner (Appeal) may take a year or two for a decision.]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax/mnc-can-now-appeal-with-cit-a-too-in-respect-of-transfer-pricing-related-disputes.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Clarification regarding filing of Objections before Dispute Resolution Panel (DRP)</title>
		<link>http://taxguru.in/income-tax/clarification-regarding-filing-of-objections-before-dispute-resolution-panel-drp.html</link>
		<comments>http://taxguru.in/income-tax/clarification-regarding-filing-of-objections-before-dispute-resolution-panel-drp.html#comments</comments>
		<pubDate>Fri, 29 Jan 2010 06:53:12 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[clarification]]></category>
		<category><![CDATA[department of revenue]]></category>
		<category><![CDATA[Dispute Resolution Panel]]></category>
		<category><![CDATA[draft assessment]]></category>
		<category><![CDATA[drp]]></category>
		<category><![CDATA[income tax act]]></category>
		<category><![CDATA[income tax act 1961]]></category>
		<category><![CDATA[international taxation]]></category>
		<category><![CDATA[objection]]></category>
		<category><![CDATA[taxpayers]]></category>
		<category><![CDATA[tpl]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=20231</guid>
		<description><![CDATA[A new section 144C was inserted in the Income-tax Act, 1961 vide Finance (No. 2) Act of 2009. Section 144C provides for constitution of a Dispute Resolution Panel (DRP) to decide cases of an eligible assessee as defined in sub-section (15) of section 144C of the Income-tax Act. The Dispute Resolution Panel Rules were notified vide SO No. 2958 (E) dated 20th November 2009.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Income-tax dispute resolution panel may hit tax collection by Rs 10,000-crore</title>
		<link>http://taxguru.in/income-tax/income-tax-dispute-resolution-panel-may-hit-tax-collection-by-rs-10000-crore.html</link>
		<comments>http://taxguru.in/income-tax/income-tax-dispute-resolution-panel-may-hit-tax-collection-by-rs-10000-crore.html#comments</comments>
		<pubDate>Fri, 01 Jan 2010 03:08:23 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[developed countries]]></category>
		<category><![CDATA[disagreement]]></category>
		<category><![CDATA[Dispute Resolution Panel]]></category>
		<category><![CDATA[draft assessment]]></category>
		<category><![CDATA[drp]]></category>
		<category><![CDATA[finance ministry official]]></category>
		<category><![CDATA[Income tax department]]></category>
		<category><![CDATA[objections]]></category>
		<category><![CDATA[revenue target]]></category>
		<category><![CDATA[shortfall]]></category>
		<category><![CDATA[tax collections]]></category>
		<category><![CDATA[tax dispute resolution]]></category>
		<category><![CDATA[tax liability]]></category>
		<category><![CDATA[taxpayers]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=18385</guid>
		<description><![CDATA[The government’s tax collections could take a Rs 10,000-crore hit this year due to the setting up of the income-tax dispute resolution panel (DRP) for settling transfer pricing disputes. Such a dispute arises when there is a disagreement between the government and the taxpayer, especially a foreign company, in determining the tax liability of its subsidiary.]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax/income-tax-dispute-resolution-panel-may-hit-tax-collection-by-rs-10000-crore.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Dispute Resolution Panel – Housing Project</title>
		<link>http://taxguru.in/income-tax/dispute-resolution-panel-%e2%80%93-housing-project.html</link>
		<comments>http://taxguru.in/income-tax/dispute-resolution-panel-%e2%80%93-housing-project.html#comments</comments>
		<pubDate>Sun, 13 Dec 2009 08:15:59 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[alternative dispute resolution]]></category>
		<category><![CDATA[CBDT]]></category>
		<category><![CDATA[direct taxes]]></category>
		<category><![CDATA[dispute resolution mechanism]]></category>
		<category><![CDATA[Dispute Resolution Panel]]></category>
		<category><![CDATA[drp]]></category>
		<category><![CDATA[finance bill]]></category>
		<category><![CDATA[international transaction]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=17134</guid>
		<description><![CDATA[The present article discusses amendment proposed by Finance Bill (No. 2) 2009 regarding provisions of Dispute Resolution Panel (DRP) and deduction u/s. 80-IB(10). Though the provisions relating to Dispute Resolution Panel are not a complete code for full and complete resolution of dispute referred to it, it is a step in right direction. Litigation is time consuming and it has been demand of AIFTP from time to time that Law must provide for Alternative Dispute Resolution mechanism for settling of dispute at the option of the assessee.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Dispute Resolution Panel (DRP) to resolve tax disputes of the foreign companies expeditiously</title>
		<link>http://taxguru.in/income-tax/dispute-resolution-panel-drp-to-resolve-tax-disputes-of-the-foreign-companies-expeditiously.html</link>
		<comments>http://taxguru.in/income-tax/dispute-resolution-panel-drp-to-resolve-tax-disputes-of-the-foreign-companies-expeditiously.html#comments</comments>
		<pubDate>Tue, 01 Dec 2009 02:25:42 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[alternate dispute resolution]]></category>
		<category><![CDATA[CBDT]]></category>
		<category><![CDATA[cognizance]]></category>
		<category><![CDATA[dispute resolution mechanism]]></category>
		<category><![CDATA[Dispute Resolution Panel]]></category>
		<category><![CDATA[drp]]></category>
		<category><![CDATA[fast track]]></category>
		<category><![CDATA[finance act]]></category>
		<category><![CDATA[finance minister]]></category>
		<category><![CDATA[foreign investment]]></category>
		<category><![CDATA[income tax act]]></category>
		<category><![CDATA[international transaction]]></category>
		<category><![CDATA[tax dispute resolution]]></category>
		<category><![CDATA[Tax disputes]]></category>
		<category><![CDATA[tax litigation]]></category>
		<category><![CDATA[time consuming]]></category>
		<category><![CDATA[track basis]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=15940</guid>
		<description><![CDATA[The Finance Act, 2009 inserted a new section 144C in the Income-tax Act providing an alternate mechanism to resolve tax disputes of the foreign companies expeditiously. The Finance Minister, taking cognizance of delays, which take place in any tax litigation, declared in the parliament that "The dispute resolution mechanism presently in place is time consuming and finality in high demanding cases is attained only after a long drawn litigation till the Supreme Court.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Dispute resolution panels will allow MNCs to sort out their tax disputes in faster and cost effective manner</title>
		<link>http://taxguru.in/income-tax/dispute-resolution-panels-will-allow-mncs-to-sort-out-their-tax-disputes-in-faster-and-cost-effective-manner.html</link>
		<comments>http://taxguru.in/income-tax/dispute-resolution-panels-will-allow-mncs-to-sort-out-their-tax-disputes-in-faster-and-cost-effective-manner.html#comments</comments>
		<pubDate>Tue, 24 Nov 2009 17:50:47 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[direct taxes]]></category>
		<category><![CDATA[draft assessment]]></category>
		<category><![CDATA[drp]]></category>
		<category><![CDATA[drps]]></category>
		<category><![CDATA[mnc]]></category>
		<category><![CDATA[mncs operating in india]]></category>
		<category><![CDATA[multinational companies]]></category>
		<category><![CDATA[tangible assets]]></category>
		<category><![CDATA[tax authorities]]></category>
		<category><![CDATA[Tax disputes]]></category>
		<category><![CDATA[tax liability]]></category>
		<category><![CDATA[tax partner]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=15387</guid>
		<description><![CDATA[Multinational companies can now look forward to expeditiously settling their tax disputes in India. The Central Board of Direct Taxes on Monday announced the new rules for creation of special dispute resolution panels (DRP) that will allow foreign taxpayers to sort out their tax disputes in a faster and cost effective manner.]]></description>
		<wfw:commentRss>http://taxguru.in/income-tax/dispute-resolution-panels-will-allow-mncs-to-sort-out-their-tax-disputes-in-faster-and-cost-effective-manner.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Dispute Resolution Panel, National Tax Code, Returns and assessment procedures, Appeal, revision and penal provisions in Direct Tax code</title>
		<link>http://taxguru.in/income-tax/dispute-resolution-panel-national-tax-code-returns-and-assessment-procedures-appeal-revision-and-penal-provisions-in-direct-tax-code.html</link>
		<comments>http://taxguru.in/income-tax/dispute-resolution-panel-national-tax-code-returns-and-assessment-procedures-appeal-revision-and-penal-provisions-in-direct-tax-code.html#comments</comments>
		<pubDate>Thu, 20 Aug 2009 00:57:38 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[APPEAL]]></category>
		<category><![CDATA[assessment section]]></category>
		<category><![CDATA[Direct Tax Code]]></category>
		<category><![CDATA[Dispute Resolution Panel]]></category>
		<category><![CDATA[drp]]></category>
		<category><![CDATA[dtc]]></category>
		<category><![CDATA[electronic acknowledgment]]></category>
		<category><![CDATA[Income Tax Scrutiny]]></category>
		<category><![CDATA[income taxpayers]]></category>
		<category><![CDATA[National Tax Code]]></category>
		<category><![CDATA[ntc]]></category>
		<category><![CDATA[partnership firm]]></category>
		<category><![CDATA[rectification]]></category>
		<category><![CDATA[Returns and assessment procedures]]></category>
		<category><![CDATA[revision]]></category>
		<category><![CDATA[risk management strategy]]></category>
		<category><![CDATA[rtb]]></category>
		<category><![CDATA[Scrutiny]]></category>
		<category><![CDATA[Scrutiny Assessment]]></category>
		<category><![CDATA[tax assets]]></category>
		<category><![CDATA[tax returns]]></category>
		<category><![CDATA[Tax Treaty]]></category>
		<category><![CDATA[unincorporated bodies]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=11403</guid>
		<description><![CDATA[Self reporting of Tax Bases &#38; Acknowledgment [Section 148 &#38; 154] 1. Similar to the concept of filing return of income, taxpayers have been required to file ‘Return of Tax Bases’ (‘RTB’) 2. The RTBs have to be filed on or before: • 30th June – If the person is not a company and does [...]]]></description>
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		<slash:comments>3</slash:comments>
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