Income Tax Appellate Tribunal (Itat)

24th Jan, 2016

Income Tax Appellate Tribunal (Itat) 

Income Tax Appellate Tribunal completes 75 years of service to the nation through delivery of justice to the tax payers.

The ITAT, since its inception in 1941, has set up new standards for delivery of justice in taxation matters. The established model of ITAT has been used to set up Tribunals in the areas of Indirect Taxes, Administration, Railways and Foreign Exchange. The replication of ITAT model in constitution of other tribunals makes it a ‘Mother Tribunal’ of the country. 

The Indian economy has undergone a major change over the years. The collection of direct taxes in 1860-61 was Rupees 30 lakhs, when Income Tax was introduced in India on 24th July, 1860. For the year 2015-16, estimate for direct tax collection is Rupees 7.98 lakh crores.

The ITAT is the final fact finding authority in the direct taxes litigation system.

Today ITAT have 63 benches, which operate from 27 stations.