Central Board of Direct Taxes
{{Infobox law enforcement agency
| agencyname = Central Board of Direct Taxes
| logo = Logo of Income Tax Department India.png
| logocaption = Central Board of Direct Tax Logo
| abbreviation = CBDT
| motto = कोष मूलों दंड:
| mottotranslated = Fund roots and bars
| formed = {{Start date and age|1964|1|1|df=yes}}
| preceding1 = Central Board of Revenue
| employees =
| legalpersonality = Statutory body
| legaljuris = India
| national = Yes
| country = India
| countryabbr = IND
| map = India-locator-map-blank.svg
| mapcaption = Income Tax Department India
| dmap = India
| governingbody = Government of India
| constitution1 = Central Board of Revenue Act, 1963
| speciality1 = Direct taxes
| headquarters = New Delhi, India
| electeetype = Minister of Finance
| minister1name = Nirmala Sitharaman
| minister1pfo = Ministry of Finance
| chief1name = Ravi Agarwal, IRS
| chief1position = Chairperson
| parentagency = Department of Revenue
| child1agency = Income Tax Department
| activitytype = Income Tax
| website = https://www.irsofficersonline.gov.in/
}}
The Central Board of Direct Taxes (CBDT) is a statutory body under the Department of Revenue, Ministry of Finance, Government of India. It oversees the administration of direct taxes, including income tax and corporate tax, through the Income Tax Department. The CBDT was constituted in 1964 under the Central Board of Revenue Act, 1963. The counterpart for indirect taxes is the Central Board of Indirect Taxes and Customs (CBIC).
CBDT is currently headed by Ravi Agarwal, the Chairperson of the Central Board of Direct Taxes.
History
The Central Board of Revenue, the apex body of the Department entrusted with the administration of taxes, was established under the Central Board of Revenue Act, 1924. It was initially responsible for both direct and indirect taxes. However, on 1 January 1964, the Board was bifurcated into two separate entities: the Central Board of Direct Taxes (CBDT) and the Central Board of Excise and Customs (CBEC). This division was formalized through the constitution of the two Boards under Section 3 of the Central Board of Revenue Act, 1963.{{cite web |title=Central Board of Direct Taxes|url=https://incometaxindia.gov.in/Pages/about-us/central-board-of-direct-taxation.aspx#cbdtl |publisher=Income Tax Department|access-date=25 October 2024}}
Associated bodies
References
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External Links
- [http://www.incometaxindia.gov.in Income Tax Department ]
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