Consultation with Ministry of Law and other Ministries & their Divisions or Central Agency Section in respect of service litigation matters. Engagement of Special Counsels/Standing Counsels/Additional Standing Counsel/Senior Standing Counsels in various service litigation matters. Suits/Court cases and legal matters in various benches of Central Administrative Tribunal, High Court and Supreme Court of India regarding service matters. Consultation with UPSC, Ministry of Law including Central Agency Section and other Ministries/Departments in respect of Vigilance matters. Viii.
The CBDT issues circulars and notifications to provide clarity on various provisions of the tax laws. These help taxpayers stay informed about changes in procedures, new tax programs, and compliance requirements. One of CBDT’s main jobs is creating direct tax policies. It helps prepare the national budget and suggests changes to tax laws that match the government’s economic plans. The Faceless Assessment Scheme, started in 2020, was a big step towards making tax management more clear and effective. A direct tax is a tax that a person or organization pays directly to the entity that imposed it.
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Assessment and Collection of Taxes
Providing inputs on policy issues relating to the above. 38. All matters pertaining to section 9A of the Income-tax Act, 1961.
- One of CBDT’s main jobs is creating direct tax policies.
- By doing so, you get the post of an Income Tax Officer at the Centre Board of Direct Taxes, Centre Board of Excise and Customs or Centre Board of Indirect Taxes.
- A direct tax is a tax that a person or organization pays directly to the entity that imposed it.
- Like any other law, this Act and rules also require authorities to regulate it.
Taxpayer Facilitation Centers
Through taxes, the CBDT supports many government projects, welfare programs, and development efforts, helping to build the nation. When no compliance is received after the lapse of the time period provided by the assessing officer, assessment is made under section 144. 32. All matters pertaining to foreign investments including FDI Applications and FDI Policy. Any other matters relating to foreign tax that may be assigned by Member, CBDT in charge FT&TR division. Inter-departmental coordination relating to investigation and enforcement agencies.
This important group manages income tax policies, rules, and how they are enforced. Knowing about the CBDT is very important for taxpayers, both individuals and businesses. 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.
Recovery of taxes (Chapter XVII of Income Tax), sections 179, 281, 281B, 289, Second Schedule and Third Schedule of the Income-tax Act, 1961. Processing of complaints regarding evasion of tax. The Income Tax Department appeals to taxpayers NOT to respond to such e-mails and NOT to share information relating to their credit card, bank and other financial accounts. To Identify and process all the cases including the case of 153C, search cases, TR and FT Cases, and Flack money Act cases. These need centralization in the central charges. To upload the related and case documents for assessment including set aside cases.
Administration of Direct Taxes
Taxpayers can resolve issues through the e-Nivaran portal, which is designed for the online submission and tracking of grievances related to tax assessments, refunds, or other matters. One of the biggest changes made by the CBDT is the digitalization of tax filings. By 2024, almost every tax-related activity, from submitting returns to paying taxes, will be done online using the Income Tax e-Filing Portal. At present Income Tax Department (ITD) field offices are divided into 18 regions with territorial jurisdiction and one region for international taxation. As required for efficient and effective administration, these regions have some administrative autonomy to carry out duties assigned by CBDT. Ii.
CBDT Released key Direct Tax Statistics through Time-Series Data
The CBDT plays a significant role in fostering international cooperation on matters related to direct taxes. The CBDT takes care of income tax, business tax, wealth tax, and other direct taxes. It the cbdt is a statutory authority functioning under the ensures that tax laws are implemented consistently across the country and supervises tax collection to meet revenue targets. The Income Tax Department in India handles levying and collecting income tax.
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