Income Tax Appellate Tribunal (ITAT)

#GS2 #Judiciary #Governance

Context

  • 31 people are appointed as judicial, technical and accountant members at the NCLT and the ITAT, amid the Supreme Court flagging concerns about vacancies in various tribunals. 
  • There are around 250 posts lying vacant at various key tribunals and appellate tribunals such as the NCLT, the DRT, the TDSAT and the SAT.

Income Tax Appellate Tribunal (ITAT)

  • Income Tax Appellate Tribunal (ITAT) is a quasi-judicial body. 
  • It was established under section 5A of the Income Tax Act, 1922. 
  • ITAT has 63 Benches at 27 different stations covering almost all the cities having a seat of the High Court.
  • ITAT is called the 'Mother Tribunal' as it is the oldest Tribunal in the country (formed in 1941). 
  • It has the responsibility to take care of appeals under the Direct Taxes Acts namely, the Income-tax Act, 1961.
  • The orders issued by the ITAT are final, an appeal lies to the High Court only if a substantial question of law arises for determination.
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