Question

Composition and power of income tax appellate tribunal

Answer 1

Answer:

The Income Tax Appellate Tribunal is not a Court but is a Tribunal exercising the judicial powers of the State. The Tribunal's powers in dealing with the appeals are of the widest amplitude and have in some cases been held similar to and identical with the powers of an Appellate Court under the Civil Procedure Code.

Answer 2

Answer:

POWERS AND FUNCTIONS:

The Income Tax Tribunal Rules, 1963 provides vivid powers and functions to the tribunal to deal with the income tax cases as well as it is aimed at providing justice to the aggrieved party from the decision of the Commissioner of Income Tax.

FOLLOW ME