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Informative

Senior Citizen allowed to Pay 20% Income Tax Appeal Pre-deposit in 18 Instalments Considering Financial Issues:

Update / Judgement Date

14 Jul 2024

Source

Taxscan

Author

Team — WCP Legal Desk

Reading Time

1 min read

Appeal Against OrderIncome Tax

The Madras High Court ruled that senior citizens can pay 20% of income tax appeal pre-deposit in 18 installments due to financial constraints. The court declined to waive the deposit, emphasizing the importance of pre-deposit as per tax appeal regulations. This decision balances financial difficulties faced by senior citizens with legal requirements for appeals against income tax orders.