CS Professional · Advanced Direct Tax Laws and Practice · Appeals
Under the Income-tax Act, 2025, an assessee appeals to the Appellate Tribunal against an order of the Commissioner (Appeals). The total income assessed by the Assessing Officer is Rs. 8,40,000. What fee must accompany the appeal?
The fee is Rs. 8,400. Where assessed income exceeds Rs. 2,00,000 the fee is 1% of assessed income subject to a maximum of Rs. 10,000, and 1% of Rs. 8,40,000 is below that ceiling.
- ARs. 1,500
- BRs. 5,000
- CRs. 8,400Correct
- DRs. 10,000
Explanation
Assessed income above Rs. 2,00,000 attracts a fee of 1% of assessed income, capped at Rs. 10,000, under section 362(6)(c). 1% of Rs. 8,40,000 is Rs. 8,400, which is below the cap. Rs. 10,000 wrongly applies the cap, and Rs. 1,500 is the slab for income up to Rs. 2,00,000.
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