Coordination with FIU in respect of STRs/CTRs related to elections/political parties and also giving policy inputs to frame the relevant risk rules. Matters relating to investigation into foreign assets cases. • All matters relating to prosecution, excluding appointment of counsels. • All matters related to the Adjudicating Authority and the Appellate Tribunal, excluding appointment of counsels. Chapter XII C with regard to special provisions relating to retail trade.
Q.1. What are the Objectives of the Central Board of Direct Taxes ?
The main responsibility of CBDT is to provide vital inputs for policy and planning of direct taxes in India and to enforce direct tax laws and measures for the development of the Indian economy. The CBDT provides essential inputs for policy and planning of direct taxes in India and is responsible for administering the direct tax laws through Income Tax Department. The CBDT has six members, each responsible for different areas like Personnel & Vigilance, Investigation, International Taxation, Legislation and Computerisation, Administration and Judicial.
16. Providing inputs on policy issues related to above. All matters related to Vodafone international arbitration case including related proceedings before the domestic Courts.
Income forming part of total income on which no income tax is payable. Vi. Processing of any suggestion of vigilance matters from the field formation or otherwise. V. Grant of vigilance clearance of various officers (Group ‘A’ IRS) retiring on superannuation as well as on other matters, if so required.
18. All policy matter related to CRIU/VRU functionality. All matters related to Joint International Tax Shelter Information Centre(JITSIC) (DLG). All matters relating to Penalties, Prosecution and Compounding under Direct Tax laws. All matters relating to PEPs (Politically Exposed Persons), VHNIs (Very High Net-Worth Individuals) and HNIs (High Net-worth Individuals). All matters relating to Survey operations under Income Tax Act.
Functions of the CBDT:
Chief Commissioners of Income-tax throughout the country. Recruitment, training and all other matters relating to service conditions and career prospects of the personnel of the Income-tax Department. The Chairman, who also serves as the ex-officio secretary in special relations to the government of India, leads the Central Board of Direct Taxes CBDT. All matters falling u/s. 72A and 80-O of the It Act, 1961. Vigilance, Disciplinary proceedings and complaints against all officers and members of staff (both gezetted and non-gezetted).
E-Verification of Returns
Because it affects how taxes are charged, collected, and managed. In the past few years, the CBDT has led major changes, such as faceless tax assessments, making processes easier for taxpayers, and leveraging technology to ensure compliance. The Central Board of Direct Taxes is a statutory authority constituted under the Central Board of Revenue Act, 1963. The officers of the Board in their ex-officio capacity also function as a Division of the Ministry dealing with matters relating to levy and collection of direct taxes.
All Administrative matters relating to Income-tax establishments. Transfers and posting at the level of Assistant/ Deputy Commissioners, Joint/Addl. Commissioners, Commissioners & Chief Commissioners will be routed through Member (Admn.) and shall be made with the approval of the Competent Authority as per Transfer and Posting guidelines, 2010. All matters falling under Chapter XXA and XXC of the Income-tax Act, 1961. Recovery of taxes (Chapter XVII of Income Tax), sections 179, 281, 281B, 289, Second Schedule and Third Schedule of the Income-tax Act, 1961. All Matters relating to Revenue budget including assigning of Revenue Budgetary targets amongst Pr.
Central Board of Direct Taxes
19. All complaints/representations, Parliament Questions, PAC work, Consultative and Advisory Committee work, relating to above subjects of the Income Tax Act, 1961. Consultation with UPSC, Ministry of Law including Central Agency Section and other Ministries/ Departments in respect of Vigilance matters. To monitor the matters coming in the Courts/Central Administrative Tribunal and assisting/briefing Government Counsel/Central Agency in the above specified vigilance litigation cases.
- Parliamentary matters and RTI related to above.
- Engagement of Special Counsels/Standing Counsels/ Additional Standing Counsels/ Senior Standing Counsels in various Vigilance litigation matters.
- All matters relating to training except foreign training.
- All policy matters relating to establishment and cadre management, on behalf of CBDT.
- The CBDT was constituted by the Central Board of Revenue Act, 1963.
- All matters related to investigation in Cryptocurrency/Virtual Digital Assets.
However, the board was divided in 1964 into the Central Board of Direct Taxes and the Central Board of Excise and Customs. All matters concerning Wealth Tax Act, Expenditure Tax Act, State Duty Act and Benami Transaction (Provision) Act, excluding those relating to prevention and detection of tax avoidance. All matters concerning Wealth-tax Act, Expenditure-tax Act, Estate Duty Act and Benami Transaction (Prohibition) Act, excluding those relating to prevention and detection of tax avoidance. The CBDT is committed to providing efficient taxpayer services and timely grievance redressal. 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.
This reform significantly reduced corruption and undue influence. The CBDT manages the process for handling appeals and resolving disputes. Recently, programs like the Vivad se Vishwas Scheme have successfully settled many long-standing tax disagreements. 37.
All general organizational administrative matters relating to Attached and Subordinate offices under the CBDT. All matters relating to exchange of information with FIU-IND, stock and commodities regulators, market intermediaries, etc. and related coordination. All matters relating to search and seizure including statistics and cases relating to Sections 132, 132A and 132B of the Income-tax Act.
- The Central Board of Direct Taxes (CBDT) is a cornerstone in India’s financial and administrative framework, playing a pivotal role in the administration of direct taxes.
- CBDT is focused on emerging trends such as artificial intelligence, big data, and blockchain to make tax administration more efficient and transparent.
- Coordination of Service litigation matters pending in various courts including the Supreme Court, High Court and several Benches of the Central Administrative Tribunal.
- (viii) It acts as resource centre for keeping record of information, both paper and electronic, appearing in the media.
- 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.
- (i) The Media Cell handles all matters including dealing with the media on issues pertaining to CBDT (print, electronic & digital etc.).
Examples include income tax, real property tax, personal property tax, and taxes on assets, all of which are paid by an individual taxpayer directly to the government. All matters relating to administration of penalties under Chapter XXI of the Income Tax Act, 1961 and corresponding penalties under other direct tax laws. (c) All matters relating to tax evasion under these Acts (Wealth – Tax, Expenditure-Tax Acts) including complaints and the cbdt is a statutory authority functioning under the evasion petitions. The Central Board of Revenue, which was the apex body of the Income Tax Department, was initially in charge of both direct and indirect taxes.
After India gained independence, this board was split into two parts, one dealing with direct taxes and the other with indirect taxes, which eventually led to the formation of the CBDT. Let’s dive deeper into the various functions that the CBDT performs to ensure the smooth administration of direct taxes in India. A direct tax is a tax that a person or organization pays directly to the entity that imposed it.