The Department of Revenue vide notification dated the 5th April, 2022 has issued the Income-tax (Seventh Amendment) Rules, 2022. The amendment provides that the Central Government shall constitute a Dispute Resolution Committee for every region of Principal Chief Commissioner of Income-tax for dispute resolution.
An application to the Dispute Resolution Committee shall be made in Form No. 34BC by the person, who opts for dispute resolution under section 245MA of the Act in respect of dispute arising from any variation in the specified order.
