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Uttarakhand High Court; Established: November 9, 2000; 24 years ago (): Jurisdiction: Uttarakhand: Location: Nainital, Uttarakhand: Coordinates: Composition method: Presidential with confirmation of Chief Justice of India and Governor of Uttarakhand
The appeals before the Income Tax Appellate Tribunal are generally heard by a division bench- consisting of one judicial member and one accountant member. In cases involving assessed income of less than ₹ 15 lakh (US$17,000), however, any one Member, though with a work experience of minimum five years in the Tribunal, can decide the appeals ...
Uttarakhand Government Departments are the administrative bodies of the Government of Uttarakhand in the Indian state of Uttarakhand. The departments grouped under ministerial portfolios headed by the members of Uttarakhand Council of Ministers .
Income tax is a key source of government funding. The Income Tax Department is the central government's largest revenue generator; total tax revenue increased from ₹ 1,392.26 billion (US$16 billion) in 1997–98 to ₹ 5,889.09 billion (US$68 billion) in 2007–08.
Direct tax in the form of an income tax was introduced by the British in India in 1860 to overcome the difficulties created by the Indian Rebellion of 1857. [5] The organizational history of the Income-tax Department, however, starts in the year 1922, when the Income-tax Act, 1922 gave, for the first time, a specific nomenclature to various Income-tax authorities.
The Income Tax Department (also referred to as IT Department; abbreviated as ITD) is a government agency undertaking direct tax collection of the government of the Republic of India. It functions under the Department of Revenue of the Ministry of Finance. [5] The Income Tax Department is headed by the apex body Central Board of Direct Taxes (CBDT
The Income Tax Act, 1961 is the charging statute of income tax in India. It provides for the levy, administration, collection, and recovery of income tax. The Government of India brought a draft statute called the Direct Taxes Code intended to replace the Income Tax Act, 1961 and the Wealth Tax Act, 1957. The bill, however, was later scrapped. [1]
The Government of Uttarakhand also known as the State Government of Uttarakhand, or locally as State Government, is the subnational government of the Indian state of Uttarakhand and its 13 Districts. It consists of an executive branch , led by the Governor of Uttarakhand , a legislative branch led by the Chief Minister of Uttarakhand and a ...