Central Board of Direct Taxes

Central Board of Direct Taxes
Abbreviation	CBDT
Agency overview
Formed	1 January 1964 (1964-01-01)
Preceding agency	Central Board of Revenue
Legal personality	Statutory body
Jurisdictional structure
National agency (Operations jurisdiction)	IND
Operations jurisdiction	IND
Legal jurisdiction	India
Governing body	Government of India
Constituting instrument	Central Board of Revenue Act, 1963
Operational structure
Headquarters	New Delhi, India
Minister of Finance responsible	Nirmala Sitharaman, Ministry of Finance
Agency executive	Ravi Agarwal, IRS, Chairperson
Parent agency	Department of Revenue
Child agency	Income Tax Department

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.

Associated bodies

• Income Tax Department
• Investigation Division of the Central Board of Direct Taxes
• Directorate General of Income Tax Investigation
• Chief Commissioner of Income Tax Central

External Links

• Income Tax Department