Section 144B of the Income Tax Act pertains to the formation of a dispute resolution panel (DRP) for resolving disputes arising from a draft assessment order. This [ur l=https://clearrmynotice.com/section-144b-of-income-tax-act/]section 144b of the Income tax[/url] Acempowers the taxpayer to approach the DRP before the final assessment. The objective is to streamline the resolution process, ensuring fairness and expeditious resolution of tax-related conflicts through an alternative dispute resolution mechanism. The DRP acts as an intermediary, providing an additional layer of scrutiny and facilitating a more efficient tax dispute resolution process.