Prime Minister Shri Narendra Modi on November 11, 2020 inaugurated the state-of-the-art office-cum-residential complex of Income Tax Appellate Tribunal (ITAT) at Cuttack via video conferencing.
About Income Tax Appellate Tribunal
- Income Tax Appellate Tribunal, also known as ITAT, is an important statutory body in the field of direct taxes and its orders are accepted as final, on findings of fact.
- It is presently headed by Mr. Justice (Retd) P.P. Bhatt, formerly Judge of the High Court of Jharkhand and High Court of Gujarat.
- ITAT was the first Tribunal to be created on 25th January, 1941 and is also known as ‘Mother Tribunal’.
- Starting with three benches in the year 1941, at Delhi, Bombay and Calcutta it has now grown to 63 Benches and two circuit benches spread across thirty cities of India.
- The Cuttack Bench of the ITAT was created and started functioning from 23rd May, 1970. The jurisdiction of Cuttack Bench extends to the whole of Odisha.