Direct Tax Disputes Resolution Scheme 2016 - Boon or bane

The DRS announced by Honble FM is drastically different for Direct Tax and Indirect taxes.When both CBEC and CBDT are both under the Revenue secretary how can such different scheme get cleared upto FM.If the intention of FM is to be achieved the scheme should be made more attractive especially by the CBEC If the number of appeals are to be reduced there should be proper positive approach.The very fact that all lower level officers have confirmed the demands even disregarding the statutory provisions can not be ignored Hence even for Indirect tax,the Commissioner level officer should be asked to finalise the amount to be paid as in Direct tax,esply because even appeals against orders of JC ADC will be pending before Commissioner Appeals.FM should immediately have a second look to rectify the defects and make it attractive

Unnikrishnan V 09/03/2016