Appeals

(1) Any person aggrieved by an order passed by the prescribed authority may, within 30 days of the service of such order, prefer an appeal to the appellate authority. (2) The appeal shall be in the prescribed form and shall be accompanied by the prescribed fee. (3) No appeal shall be entertained unless the appellant has paid the amount of tax admitted by him or at least 25% of the disputed amount, whichever is greater. (4) The appellate authority may, after hearing the appellant and the prescribed authority, pass such order as it thinks fit, either confirming, reducing, enhancing or annulling the assessment or penalty. (5) If the appellate authority finds that the tax has been paid in excess, it shall order the refund of such excess amount to the appellant. (1) [Verbatim content from supplied page 7] (2) [Verbatim content from supplied page 7] (3) [Verbatim content from supplied page 7] (4) [Verbatim content from supplied page 7] (5) [Verbatim content from supplied page 7] (1) If the prescribed authority is satisfied that the return submitted by an assessee is true, correct and complete, it may accept the return as self assessment. If the return appears to it to be incorrect or incomplete, it shall, after giving the assessee a reasonable opportunity of proving the correctness or completeness of the return submitted by him and making such enquiry as it deemed necessary, assess to the best of its judgment, the amount of tax due from such assessee. (2) The amount of tax due from any assessee shall be assessed separately for each year within a period of four years from the expiry of the year to which the assessment relates.