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The Income Tax Department has released detailed FAQs clarifying the use, filing process, and compliance requirements of Form 116. The form plays a crucial role in enabling taxpayers and authorities to file cross-objections before the Income Tax Appellate Tribunal (ITAT) when an appeal has already been initiated by the opposite party. What is Form 116? Form 116 is the prescribed format for filing a memorandum of cross-objections before the ITAT. It allows the respondent in an appeal to raise o
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FAQ :
Form 116 is the prescribed format for filing a memorandum of cross-objections before the Income Tax Appellate Tribunal (ITAT), allowing a respondent to raise objections to an appeal without filing a separate appeal.
Form 116 can be filed by taxpayers (assessees), the Income Tax Department, government deductors, or any respondent to an appeal who wishes to contest specific aspects of an order.
No, filing Form 116 is optional. It is only necessary if the respondent intends to challenge specific issues within an appeal that has already been filed by the other party.
Form 116 must be filed within 30 days from the date of receiving the notice of appeal. If there's a delay, a valid explanation and a request for condonation are required.
No, Form 116 cannot be filed independently. It is only valid when an appeal has already been filed before the ITAT and the respondent has received a notice regarding that appeal.
Form 116 must be filed electronically via the ITAT portal. It can be submitted in either English or Hindi, and supporting documents must be attached.
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