Section 245W of Income Tax Act for AY 2023-24

Section 245W of Income Tax Act 1961 as amended by the Finance Act 2022 and Income-tax Rules, 1962. Provisions and rules related to Appeal.

Amended and updated notes on section 245W of Income Tax Act 1961 as inserted by the Finance Act 2022 and Income-tax Rules, 1962. Detail discussion on provisions and rules related to Appeal.

Chapter XIXB (Sections 245N to 245V) of the Income Tax Act 1961 deals with the provisions related to Advance rulings . Section 245W of IT Act 1961 provides for Appeal.

Recently, we have discussed in detail section 245V (Procedure of Authority) of IT Act 1961. Today, we learn the provisions of section 245W of Income-tax Act 1961. The amended provision of section 245W is effective for financial year 2022-23 relevant to the assessment year 2023-24.

In this article, you will learn detail of the provisions of section 245W of the Income Tax Act, 1961 Bare Act read with the Income-tax Rules, 1962 as provided by Ministry of Law and Justice, Government of India.

Section-245W: Appeal

[Section 245W newly inserted w.e.f. 1-April-2021 by the Finance Act 2021]

Section 245W(1) of Income Tax Act

The applicant, if he is aggrieved by any ruling pronounced or order passed by the Board for Advance Rulings or the Assessing Officer, on the directions of the Principal Commissioner or Commissioner, may appeal to the High Court against such ruling or order of the Board of Advance Rulings within sixty days from the date of the communication of that ruling or order, in such form and manner, as may be prescribed:

Provided that where the High Court is satisfied, on an application made by the appellant in this behalf, that the appellant was prevented by sufficient cause from presenting the appeal within the period specified in sub-section (1), it may grant further period of thirty days for filing such appeal.

Section 245W(2) of Income Tax Act

The Central Government may make a scheme, by notification in the Official Gazette, for the purposes of filing appeal to the High Court under sub-section (1) by the Assessing Officer, so as to impart greater efficiency, transparency and accountability by—

  • (a) optimising utilisation of the resources through economies of scale and functional specialisation;
  • (b) introducing a team-based mechanism with dynamic jurisdiction.

Section 245W(3) of Income Tax Act

The Central Government may, for the purposes of giving effect to the scheme made under sub-section (2), by notification in the Official Gazette, direct that any of the provisions of this Act shall not apply or shall apply with such exceptions, modifications and adaptations as may be specified in the said notification:

Provided that no such direction shall be issued after the 31st day of March, 2023.

Section 245W(4) of Income Tax Act

Every notification issued under sub-section (2) and sub-section (3) shall, as soon as may be after the notification is issued, be laid before each House of Parliament.”.


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