ITAT
Overview: The ITAT (Income Tax Appellate Tribunal) dataset provides insights into ongoing and past cases related to income tax appeals, assisting finance, legal, and income tax departments in evaluating financial health, insolvency issues, and potential impacts on stakeholders.
ITAT Official Source Data
| Attribute | Details |
|---|---|
| Full Form | Income Tax Appellate Tribunal |
| Departments Involved | Finance, Legal, Income Tax |
| Key Risks Identified | Backlog of cases, Consistency in rulings across different benches, Technological challenges in case management |
| Focus Areas | Ongoing and past ITAT cases, Financial health and solvency risks, Potential impacts on creditors and stakeholders |
| Source | ITAT https://itat.gov.in/judicial/casestatus |
| Period Source | 1951 |
| Compliance Framework | Ensures compliance with income tax regulations and manages associated risks |
| Used As | Scores for dimension/parameter may vary if an exact match for an entity/individual/promoter is found. Scores are influenced by the case type (latest/old) and its status (resolved/unresolved) |
| Used For | Litigation history, Defaulter & Blacklist mentions, Promoter & Related Party quality |
Data Management and Maintenance
The ITAT dataset is updated as new cases are filed or resolved. Data is fetched, ensuring that both new and old cases are captured. Information is stored locally with backups on S3, and updates are reflected in MySQL within a specified timeframe.
Compliance and Regulatory Framework
This dataset supports compliance with income tax laws and helps manage legal and financial risks, providing insights necessary for strategic decision-making in corporate finance and legal operations.