Approval u/s 35(1)(ii)(iii) relating to above subjects of the Income-tax Act, 1961. Chapter XII C with regard to special provisions relating to retail trade. Chapter XII B with regard to special provisions relating to certain companies. Monitoring of Reports and periodical statements in respect of service litigation matters.
Income Tax Department Official Email ID
18. All matters related to BEPS Action 2 (Hybrids) and Action 12 (Mandatory Disclosure Regimes). All matters related to Joint International Task Force on Shared Intelligence and Collaboration (JITSIC). 16. All matters related to Working Party 10 (Exchange of Information and Tax Compliance) of OCED.
Ix. Engagement of Special Counsels/Standing Counsels/Additional Standing Counsels/Senior Standing Counsels in various Vigilance litigation matters. Suits/Court cases and legal matters in various benches of the Central Administrative Tribunal, High Courts and Supreme Court of India regarding Vigilance matters. Complaints pertaining to vigilance in respect of Gazetted employees of the Income-tax Department. Compilation of various statements/returns regarding reservation for SC/STs in offices under CBDT. Representations against adverse remarks in confidential reports—Review and revision of CR forms.
The CBDT is headed by a chairman and also comprises six members, all of whom are ex officio special secretaries to the government of India. The Central Board of Direct Taxes (CBDT) is the statutory authority in India that manages direct taxes such as income tax, corporate tax, and others. Working under the Ministry of Finance, CBDT plays an important role in running India’s tax system, ensuring compliance, enforcing tax laws, and creating new policies.
Read all about CBDT in this article for UPSC exam. Looking ahead, CBDT aims to further simplify tax laws, enhance taxpayer services, and ensure that the tax system is responsive to the needs of a modern economy. CBDT is actively involved in regulating transfer pricing to prevent tax evasion through cross-border transactions. It ensures multinational companies comply with India’s tax regulations. Each year, the Finance Act makes changes to the rules about direct taxes, usually following suggestions from the CBDT. These changes are meant to make taxes simpler, encourage people to follow the rules, and make India’s tax system match those of other countries.
All complaints/representations, Parliament Questions, Consultative and Advisory Committee work relating to the above. All sections working under Member (TPS) will report through CIT (IT&CT). All policy matter related to CRIU/VRU functionality.
All problems having bearing on subjects dealt with in Chapter XX of Income-tax Act, 1961, i.e. Appeals and Revisions. Sections 154 to 158-All matters relating thereto. Chapter XIV Sections from 139 to 146-All matters relating thereto. Determination of tax in certain special cases (Section 111A, 112 and 112 A).
Central Board of Direct Taxes (CBDT) — Economy Notes for UPSC Exam!
(viii) It acts as resource the cbdt is a statutory authority functioning under the centre for keeping record of information, both paper and electronic, appearing in the media. (vi) It conveys the factual/official position on action taken by the Department against individuals/institutions reported in the media, as appropriate. (iv) It acts as the office of the Spokesperson, CBDT, and organizes media interactions/briefings of senior functionaries of CBDT, besides maintaining a record of the same. All matters relating to Survey operations under Income-tax Act. Zonal work pertaining to collection of revenue, coordination with Chief Commissioners of the Zone, and developing strategy for Revenue enhancement of the Zone.
Supporting Government Welfare Programs
• All matters related to the Adjudicating Authority and the Appellate Tribunal, excluding appointment of counsels. Matters relating to investigation into foreign assets cases. Researches and studies to monitor tax evasion and measures to curb tax evasion. Taking remedial action either by issue of administrative instructions or by amendment of law on decisions of the courts in the light of the advice given/views expressed by the Ministry of Law.
- Monitoring of tax avoidance devices suggesting legislative remedial action.
- All matters relating to training except foreign training.
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- Failing to do so can lead to fines or imprisonment or both.
The CBDT plays a crucial role in providing the necessary inputs for policy and planning. It’s an important topic that aspirants preparing for the IAS Exam should be well versed with. The ITD offers several digital services, including e-filing of tax returns, Aadhaar-PAN linking, e-assessment, digital communication for notices, and an online grievance redressal system. CBDT’s efficient collection of direct taxes, including income tax and corporate tax, plays a crucial role in financing India’s development projects, infrastructure, and welfare programs. India’s system of direct taxation has changed a lot since colonial times. At first, the tax system was complicated and not very effective, with little transparency.
Determination of tax in certain special cases excluding sections 111A, 112, 112A, 115A, 115AB, 115AC, 115ACA, 115AD and 115BBA. Chapter VII i.e. Income forming part of total income on which no income tax is payable. Xiii.
