Format for appeal for filing appeal in cit -a
This query is : Resolved
15 February 2016
Can you send me the format of Appeal to be filed for Rejection Capital Gains exemption u/s 54. Kindly send the format having Grounds of appeal & other details to Commissioner Appeals
15 February 2016
Appeals before of the CIT (A) has to be filed in Form 35 in duplicate after payment of requisite fees. The Statement of Facts and Grounds of Appeal. vary from case to case depending on the assessment order. You can download Form No 35 from the Income Tax Forms site and it comprises of two pages.
Message likes :
1 times
18 February 2016
my case is relating to Claim of Exemption u/s 54. kindly forward a copy of format if yu r hvg any specimen
18 February 2016
There are a number of grounds for rejecting exemption u/s 54. The most common ones are as below:
(a) Capital Asset sold was not residential house.
(b) The investment in new residential house was not made within the prescribed time frame.
(c) If the prescribed time frame is likely to be exceeded, conveying the information and transferring the capital gains to a specified bank account.
(d) The investment is not of the full amount and hence part of the capital gains is taxed.
If you can let me know the specific grounds I may be able to send you a draft of Ground of Appeals / Statement of Facts.
(a) Capital Asset sold was not residential house.
(b) The investment in new residential house was not made within the prescribed time frame.
(c) If the prescribed time frame is likely to be exceeded, conveying the information and transferring the capital gains to a specified bank account.
(d) The investment is not of the full amount and hence part of the capital gains is taxed.
If you can let me know the specific grounds I may be able to send you a draft of Ground of Appeals / Statement of Facts.
Message likes :
1 times
20 February 2016
CAPITAL ASSET CONTRUCTED WITHIN TIME BUT DEPARTMENT CONTENTION IS THAT THE CAPITAL ASSET IS NOT A RESIDENTIAL HOUSE
20 February 2016
Do you already own a residential house at the time of construction of the new residential house. Was the house you sold shown as a residential house in your ITR.
I will forward a draft Grounds of Appeal to you by PM - if useful you may use it.
I will forward a draft Grounds of Appeal to you by PM - if useful you may use it.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on capital gains revoked us 54f
- Refund of AY 22-23
- HSN Details in IFF/GSTR-1 & in GSTR 9
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Inventory of finished goods
- Company Incorporation - CA and directors signing from different states
- Filing of Form 10BB instead of Filing Form 10B
- Confusion around Form 26QB fields
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Sale of property furniture sale
- Return material
- TDS is applicable on payment of Fix Meal
- Form ITC 04
- TDR receipts for agreement holder
- Point (III) 9 of GSTR-9C
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
