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Q34. Consider the following statements 1. Income Tax Appellate Tribunal functions under the Ministry of Finance. 2. ITAT is a quasi-judicial institution which is specialized in dealing with appeals under the Direct Taxes Acts. Which of the above statement(s) is/are correct?

Answer»

Q34. Consider the following statements

1. Income Tax Appellate Tribunal functions under the Ministry of Finance.

2. ITAT is a quasi-judicial institution which is specialized in dealing with appeals under the Direct Taxes Acts.

Which of the above statement(s) is/are correct?




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