What would be the amount of Appeal Fees to be paid for filing an Appeal before the Income Tax Appellate Tribunal against a Penalty Order u/s 271(1)(c).
What is the basis of calculating Appeal Fees in this scenario.
Ketan Lathia (CA Practice ) (125 Points)
19 April 2019What would be the amount of Appeal Fees to be paid for filing an Appeal before the Income Tax Appellate Tribunal against a Penalty Order u/s 271(1)(c).
What is the basis of calculating Appeal Fees in this scenario.
Ronit Roy
(Propr)
(269 Points)
Replied 20 April 2019
In case of appeals to ITAT on or after 1-10-1998 (irrespective of the date of initiation of assessment proceedings), the following fees is payable :
Where assessed income is up to Rs. 1,00,000 or less - Rs. 500
Where assessed income is more than Rs. 1,00,000 but not more than Rs. 2,00,000 - Rs. 1,500
Where assessed income is more than Rs. 2,00,000 - 1% of assessed income subject to a maximum of Rs. 10,000
Where subject-matter of appeal relates to any other matter - Rs. 500
Where application is for stay of demand - Rs. 500
Where application is under section 254(2) - Rs. 50
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