14 Question As Act, Rules has not specified it.
pratik
(Querist) 08 July 2011
This query is : Resolved
Income Tax Query:
1) What do u mean by machinery provision?
2) What do u mean by charging section?
3) Section 14A of the Income Tax Act, 1961 was inserted in the year 2001 with the retrospective effect from April 1st , 1962 Right . But sir If my assessment are over for Eg: A.Y. 1998 – 1999 & I have received the assessment order than again the assessment will be done?
4) Sir is there any difference between A.O. & I.T.O?
5) Sir if we want to appeal than order is ITO ___ CIT (Appeal) ___ ITAT ___ HC _____ & the last SC. Right Sir.
But sir than what is the use of ASCIT ____ CCIT ____CIT ____ JCIT? What re the powers they have which case they can handle.
6) Chronological Order of ITO, A.O., CIT, CIT (Appeal), CCIT, ASCIT, JCIT & many more if.
7) Sir we know that if ITO does not behave properly don’t do the work in a proper manner we can complaint to A.O. But sir if the CIT or CIT (Appeal) does do work properly they we can complaint to whom.
8) If the ASCIT ____ CCIT ____CIT ____ JCIT does not work properly than whom to complaint. In short if CIT (appeal) doesn’t work properly than whom to complaint, If CCIT does not work properly than whom to complaint. If JCIT does not work properly than whom to complaint.
9) Asstt. CIT is proper or ASCIT is proper Abbreviation.
10) I was reading the case law CIT v. Walfort Share & Stock Brokers (P.) Ltd. [2010] 192 Taxman 211 (SC). But sir whom it is mentioned CIT v. They should mentioned HC v. Walfort Share & Stock Brokers (P.) Ltd. [2010] 192 Taxman 211 (SC). Because after the HC judgment the aggrieved party can appeal to SC Right. If the party is aggrieved by the CIT order than he will appeal to ITAT not directed to the SC. So why the case law says CIT v. Walfort Share & Stock Brokers (P.) Ltd. [2010] 192 Taxman 211 (SC)
11) Restoration petition & Miscellaneous petition is also filed under ITAT so what is the meaning of it?
12) Grounds Of Appeal & Memorandum Of Appeal. Also this 2 things we have to file in SC also & HC also or till CIT (appeal) & Tribunal Only.
13) Sir under ITAT Rules there is no clarification about the Bench which we see in practical. Sir why some Bench are named as A,B,C,D,E & so on till K. What is the benefit or difference in the bench named.
14) Also how to know that which bench
will decide the case or in which bench a,b,c,d, so on it will go is there any rule sir.
As the above mentioned query answer are not there under the Act Or Rules so i am there to put this question. Requesting to the LD members to answer the question Pls.
Also any case law which will help me to understand more will be welcomed along with the opininon if any.
Thanks
pkpworld..
(Expert) 10 July 2011
Oh' what a long query '
I am giving just answer of your qr no 4 as above .
4) Sir is there any difference between A.O. & I.T.O?
----- AO means Assessing Officer and ITO means Income Tax Officer. An a officer who empowered to make assessment as prescribed in the Income
Tax Act, 1961 is called an Assessing Officer[AO]. An AO may be ITO, ACIT, DCIT, JCIT, Addl.CIT or CIT. Generally Income Tax Officers[ITO] are assessing officer in various offices. But for assessment of big cases like companies, firms or any individual involving huge revenue higher rank AO like ACIT, DCIT, JCIT, Addl.CIT or CIT are employed in income tax department.
pratik
(Querist) 10 July 2011
Thank U Very Much
God Bless U Sir
Sir it is a request to give the other answer's also sir pls
Sir atleast answer this question
1) What do u mean by machinery provision?
2) What do u mean by charging section?
11) Restoration petition & Miscellaneous petition is also filed under ITAT so what is the meaning of it?
12) Grounds Of Appeal & Memorandum Of Appeal. Also this 2 things we have to file in SC also & HC also or till CIT (appeal) & Tribunal Only.
