Speed Post News Network
New Delhi : Prime Minister Narendra Modi will inaugurate the state-of-the-art office-cum-residential complex of Income Tax Appellate Tribunal (ITAT) at Cuttack, Odisha, on 11th November 11, 2020, at 4:30 pm via video conferencing.
Union Law Minister, Union Petroleum Minister, Chief Minister of Odisha, Chief Justice and Judges of Orissa High Court, along with other dignitaries would also be present during the event. On this occasion, an e-Coffee Table Book on ITAT will also be released.
Income Tax Appellate Tribunal is an important statutory body in the field of direct taxes and its orders are accepted as final on findings of fact. It is presently headed by Justice (Retd) P P Bhatt, former Judge of the High Court of Jharkhand and High Court of Gujarat. ITAT was the first Tribunal to be created on January 25, 1941, and is also known as ‘Mother Tribunal’. Starting with three benches in the year 1941, in Delhi, Bombay and Calcutta, it has now grown to 63 Benches and two circuit benches spread across thirty cities of India, according to a PIB release.
The Cuttack Bench of the ITAT was created and started functioning from May 23, 1970. The jurisdiction of Cuttack Bench extends to the whole of Odisha. It was functioning from a rented premise for more than 50 years. The newly-built office-cum-residential complex of ITAT, Cuttack, is spread over an area of 1.60 acre of land allotted by the State Government of Odisha free of cost in 2015. The total built-up area of the office complex is 1,938 sq.mtrs. over 3 floors including, inter alia, the spacious court room, ultra-modern record room, well-equipped chambers for the Members of the Bench, library room, well-equipped modern conference hall, with sufficient space for the litigants, bar room for Lawyers, Chartered Accountants, etc.