https://clearrmynotice.com/sec....tion-144b-of-income-

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. Under Section 144B of the Income Tax Act, communication between the taxpayer and the DRP is permitted prior to the final assessment. By using an alternate dispute resolution method, the goal is to simplify the process and expedite the resolution of tax-related disputes while maintaining equity. By serving as a middleman, the DRP provides an extra level of examination and speeds up the tax dispute resolution process.

Is deduction under Section 10AA applicable for certain business incomes? Under the Indian Income Tax Act, Section 10AA provides special deductions for newly established Special Economic Zone (SEZ) units. These deductions aim to promote economic growth by incentivizing investments in designated zones. Entities meeting the specified criteria can avail themselves of tax benefits under this section, fostering a conducive environment for business development and export promotion. The provisions under Section 10AA delineate the conditions and limitations for claiming these deductions, ensuring a balance between economic incentives and regulatory compliance.
https://clearrmynotice.com/sec....tion-10aa-of-income-