The Law Ministry has approved to set up a circuit bench of the Income Tax Appellate Tribunal (ITAT) in Uttarakhand. The ITAT bench is scheduled to be inaugurated on February 27 by Chief Minister Trivendra Rawat.
The circuit bench will have jurisdiction on all appeals and application in the field of direct taxes from Uttarakhand.
The Income Tax Appellate Tribunal, the second appellate forum under the income tax law, is a quasi-judicial institution set up in January 1941 and specializes in dealing with appeals under the Direct Taxes Acts.
Starting in 1941 with six Members constituting three Benches – one each at Delhi, Kolkata (Calcutta) and Mumbai (Bombay), the numbers of Benches have progressively increased and presently ITAT has 63 Benches at 27 different stations covering almost all the cities having a seat of the High Court.
The orders passed by the ITAT are final, an appeal lies to the High Court only if a substantial question of law arises for determination.
