CS Professional · Advanced Direct Tax Laws and Practice · Appeals
An appeal under the Income-tax Act, 2025 was filed before the Commissioner (Appeals) on 10 August 2027, falling in the financial year 2027-28. Within what period does section 359 say the appeal may, where it is possible, be heard and decided?
The target date is 31 March 2029. Section 359(5) counts one year from the end of the financial year in which the appeal is filed, not from the filing date, and the financial year 2027-28 ends on 31 March 2028.
- ABy 9 August 2028, being one year from the date of filing
- BBy 31 March 2028, being the end of the same financial year
- CBy 31 March 2029, being one year from the end of the financial year in which it is filedCorrect
- DBy 31 March 2030, being two years from the end of the financial year of filing
Explanation
Section 359(5) says the appeal may, where possible, be heard and decided within one year from the end of the financial year in which it is filed. The financial year ends 31 March 2028, so the period ends 31 March 2029. Counting one year from the filing date is the common error.
Did you get it right without looking?
One question tells you little. A timed set on Appeals shows your real accuracy, how long you take and where you lose marks.
More Appeals questions
- Under the Income-tax Act, 2025, the Assessing Officer receives notice that the assessee has appealed to the Appellate Tribunal against an or…
- During the hearing of an appeal, Sundaram Textiles Ltd. asks the Commissioner (Appeals) to allow a ground that was not stated in the form of…
- Under the Income-tax Act, 2025, a collegium has told the Principal Commissioner not to appeal now to the Appellate Tribunal against a Commis…
- Under section 359(5) of the Income-tax Act, 2025, an appeal is filed before the Commissioner (Appeals) on 10 August 2027, which falls in the…
- Under section 356 of the Income-tax Act, 2025, an appeal against an assessment order is pending before the Commissioner (Appeals). Which sta…
- Under the Income-tax Act, 2025 (June 2027 session), which combination about section 360 powers is correct?