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Incom Tax In India
CBDT or the Central Board for Direct Taxes works underneath the Department of Revenue that could be a division of the Ministry of Finance. the first task of CBDT is to gather direct taxes within the kind of taxation from people, sole-proprietor and partnership companies, non-public and public firms, etc. to supply estimates per annum for the policy and coming up with for direct taxes to the Ministry of Finance is that the secondary task. it absolutely was established as a statutory authority underneath the Central Board of Revenue Act of 1963. The officers of CBDT once activity their duties as levying and assortment of direct taxes area unit thought-about to represent the ministry of Finance in their capability.
The Central Board of Revenue, nowadays was established in 1924. At that point the Board was accountable for the gathering each direct and indirect taxes. however because the time passed , the Board was incapable of handling 2 forms of taxes at an equivalent time. A division of responsibility for the gathering of direct and indirect taxes was felt that gave rise to 2 boards specifically The Central Board for Direct Taxes and therefore the Central Board for Excise and Customs with impact from 1-1-1964 underneath the Central Board of Revenue Act of 1963.
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|Incom Tax Office In Daman||Incom Tax Office In Gujarat||Incom Tax Office In Haryana||Incom Tax Office In Himachal Prade|
|Incom Tax Office In Jammu And Kash||Incom Tax Office In Jharkhand||Incom Tax Office In Karnataka||Incom Tax Office In Kerala|
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|Incom Tax Office In West Bengal|
About Income Tax Offices In India