Assessment of Vinayak Ltd. was made on 25th September, 2022 under section 143(2) of the Income Tax Act, 1961 for the assessment year 2021-22. The assessee got the assessment order on the same date. The assessee wants to

CS Executive · Tax Laws · PYQS · June 2023
Assessment of Vinayak Ltd. was made on 25th September, 2022 under section 143(2) of the Income Tax Act, 1961 for the assessment year 2021-22. The assessee got the assessment order on the same date. The assessee wants to prefer appeal before Commissioner (Appeals). What is the time limit within which it must file the appeal before CIT (Appeals)?
(A) On or before 31st October, 2022
(B) On or before 25th October, 2022
(C) On or before 31st March, 2023
(D) On or before 31st December, 2022

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Income Tax Act, 1961

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