The government of India imposes an income tax on taxable income of individuals, Hindu Undivided Families (HUFs), companies (firms), co-operative societies and trusts. The Income Tax department is governed by the Central Board for Direct Taxes (CBDT) and is part of the Department of Revenue under the Ministry of Finance.
Since 1 January 1964 the Central Board of Direct Taxes (CBDT) has been charged with all matters relating to various direct taxes in India and it derives its authority from Central Board of Revenue Act 1963. The CBDT is a part of Department of Revenue in the Ministry of Finance. On one hand, CBDT provides essential inputs for policy and planning of direct taxes in India, at same time it is also responsible for administration of direct tax laws through Income Tax Department.
The Chairman, who is also an ex-officio Special Secretary to Government of India, heads the CBDT. In addition, CBDT has six Members, who are ex-officio Additional Secretaries to Government of India. The Chairman and Members of CBDT are selected from Indian Revenue Service (IRS), a premier civil service of India, whose members constitute the top management of Income Tax Department. The support staff for CBDT is drawn from IRS as well as other premier civil services of the country and is assisted by several attached offices.
* Responsibilities of Chairman and Members, Central Board of Direct Taxes
* Areas For Collective Decision By CBDT
* Chairman
* Member (Income Tax)
* Member (Legal and Computerisation)
* Member (Revenue and Vigilance)
* Member (Personnel & Administration)
* Member (Investigation)
* Member (Audit & Judicial)
Click here to visit Income Tax department, Govt of India Web site.
Thursday, June 21, 2007
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