INCOME TAX APPEALS

Description

Are you facing issues with Income Tax demands?

♣ Patra’s Law Chambers ♣:

6th FLOOR, Nicco House, 2, Hare St, B.B.D. Bagh, Kolkata, West Bengal-700001

is here to provide expert legal services for Income Tax Appeals and ITAT (Income Tax Appellate Tribunal) appeals. We understand the complexities of tax laws and are committed to helping you navigate through them efficiently and effectively.

Why File Income Tax Appeals?

Filing income tax appeals is crucial when you disagree with the assessment or demand notice issued by the Income Tax Department. Ignoring such notices can lead to severe consequences, including heavy penalties and legal complications. By filing an appeal, you ensure that your grievances are heard and can potentially save significant amounts of money.

Importance of Responding to Demand Notices

Demand notices from the Income Tax Department require immediate attention. Failure to respond can result in:

• Penalties and interest accumulation.
• Legal actions that could affect your financial standing.
• Attachment of your assets and bank accounts.

Documents Required for Filing Income Tax Appeals

To file an income tax appeal, you need to prepare the following documents:

1. Copy of the assessment order.
2. Notice of demand.
3. Statement of facts and grounds of appeal.
4. Challan of appeal filing fees.

When Does the ITAT Come into Picture?

The ITAT comes into the picture when you need to appeal against the order of the Commissioner of Income Tax (Appeals). The ITAT is a quasi-judicial body that provides a platform for resolving disputes between taxpayers and the Income Tax Department.

Appeals to the High Court

Matters that involve substantial questions of law can be appealed to the High Court under Section 260A of the Income Tax Act. This is typically the next step after the ITAT if there is a significant legal issue that needs to be addressed.

How Patra’s Law Chambers Can Help

At Patra’s Law Chambers, we offer comprehensive legal services to guide you through the entire process of income tax appeals. Our services include:

• Expert legal advice: Our experienced tax lawyers will provide you with the best legal advice tailored to your specific situation.
• Documentation assistance: We help you gather and prepare all necessary documents for filing your appeal.
• Representation: We represent you before the CIT(A), ITAT, and High Court, ensuring that your case is presented effectively.
• Follow-up and updates: We keep you informed about the progress of your case and provide timely updates.

Consequences of Not Filing Appeals

Failing to file income tax appeals can result in:

• Heavy penalties and interest on unpaid taxes.
• Legal actions, including prosecution.
• Damage to your financial reputation and credit score.

Procedure and Costs Involved

1. Filing the appeal: Preparing and submitting the necessary forms and documents.
2. Representation: Arguing your case before the appellate authorities.
3. Fees: Involves government filing fees and legal fees, which vary based on the complexity of the case.