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Wealth Tax - Appeal with Appellate Tribunal (ITAT)

Assessee intends to file appeal with the Appellate Tribunal of Income Tax/Wealth tax can file appeal within the prescribed time:

Appeal Form -F
Form No. F is the form for filing Appeal with the Commissioner.

Grounds of Appeal
Grounds of appeal should be prepared in brief by including the important points.

Time Limit for filing appeal
The appeal should be filed within 60 days from the receipt of communication of Order passed by the Commissioner, by the Assessee in normal circumstances.

The memorandum of appeal must be in triplicate and should be accompanied by


1. two copies (at least one of which should be a certified copy) of the order appealed against,

2. two copies if the relevant order of the Assessing officer/Valuation Officer

3. two copies of the grounds of appeal before the first appellate authority

4. two copies of the statement of facts, if any, filed before the said appellate authority

and also

(a) in the case of an appeal against an order levying penalty, two copies of the relevant assessment order;

(b) in the case of an appeal against an order under section 16(3) read with section 17 of the Wealth-tax Act, 1957, two copies of the original assessment order, if any.

Appeal Fee
The memorandum of appeal in the case of an appeal by an assessee must be accompanied by a fee specified below:-

(a) in a case where the assessment proceeding were initiated before the 1st day of April, 1971, Rs. 100;

(b) in a case where the assessment proceedings were initiated after the 31st day of march, 1971 , but before the 1st day of June, 1981, Rs. 125;

(c) in any other case, Rs. 200.

(Please cross check the amount)
 
Verification
Form F should be verified and signed by the authorised signatory.

To know more details and avails service please e-mail to contact@businesswonder.com

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