Recently CBDT has issued an Instruction dated 19th June 2015 directing that all Commissioner of Income Tax (Appeals) should issue appellate orders within 15 days of the last hearing.
What is the meaning of APPELLATE Order? Is there any difference between appellate orders and orders passed by CIT(A)? Please explain any other related terms also.
Can u please also explain what this instruction is all about? I mean what is the "last hearing" referred in it?
Also time limit on issuing orders are based on sections in which assessment is being done, right? Like assessment under 144/147 is to be completed within 2 years of relevant Assessment Year. So what is this 15 days limit?
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