Income Tax Appellate Tribunal (ITAT)

Income Tax Appellate Tribunal (ITAT)

Part of: GS Prelims and GS-II- Quasi-Judicial Bodies

In News

• It is a quasi-judicial institution set up in 1941 under section 5A of the Income Tax Act, 1922.
• Initially, it had three Benches at Delhi, Kolkata and Mumbai. But presently ITAT has 63 Benches at 27 different stations
• It deals with appeals under the Direct Taxes Acts namely, the Income-tax Act, 1961.
• 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.