What is the primary purpose of an appeal in legal terms?

To rectify an erroneous decision by submitting the question to a higher court for reversal.

Under which section of the Income Tax Act can an aggrieved taxpayer appeal to the Commissioner of Income Tax?

Section 246 of the Income Tax Act.

An appeal to the Income Tax Appellate Tribunal (ITAT) must be filed within ___ days of the order's communication.

60 days.

Fill in the blank: An appeal must be filed in Form No. ___ when appealing to the ITAT.

36.

True or False: An appeal against an order of the ITAT can only be filed by the taxpayer.

False. It can also be filed by the Chief Commissioner or Commissioner.

What is the prescribed fee for filing an appeal where the assessed income is more than Rs. 2 lakhs?

Rs. 1,000.

In what situation can the Commissioner of Income Tax admit an appeal beyond the limitation period?

If there is sufficient cause for not presenting the appeal within time.

Fill in the blank: Appeals before the High Court must involve a substantial question of ___.

Law.

What must be included in the memorandum of appeal filed to the High Court?

A precise statement of the substantial question of law.

What is the process for filing an appeal with the Commissioner of Income Tax as per the Income Tax Act, 1961?

Filing an appeal requires specific forms.

• Submit Form No. 35.

• Within 30 days of notice.

• E-filing is mandatory.