Author: Ashwath S Pai, Sagar Nagaraj & Pranav A Vora, ASA
This article delves into the government’s introduction of a new dispute resolution scheme designed to provide greater tax certainty, particularly for small and medium taxpayers. It explores how the scheme aims to address tax disputes at an early stage, offering a more streamlined and predictable process for resolving tax-related issues. By focusing on simplifying the resolution process, the article highlights the potential benefits this initiative brings, such as reducing the administrative burden and fostering a more efficient tax environment for smaller taxpayers.
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