Chairperson of the Central Board of Direct Taxes Wikipedia

Examination of proposals regarding repairs of departmental buildings and minor works. Issue of administrative approval and expenditure sanction. Drawing up of the construction programme for the Income-tax department on an all India basis. The Directorate of Income Tax (O&M Services), which is headed by a DIT, came into existence in the year 1972 on the recommendations of the Direct Taxes Enquiry Committee .

He is https://1investing.in/ with the concurrence of the Central Vigilance Commission, and functions directly under the Central Board of Direct Taxes. He reports to Member and Chairman, CBDT. Cadre controlling authority in respect of Group ‘B’ officers as also the staff allocated to the above Directorates and DGIT (Admn.). The Secretariat of the CBDT is located in New Delhi and consists of officers of the Indian Revenue Service . The CBDT has eight zonal offices, each headed by a Principal Chief Commissioner or Commissioner of Income Tax. These zonal offices are located in Ahmedabad, Bengaluru, Hyderabad, Kanpur, Chennai, Chhattisgarh, Delhi, and Mumbai.

He will ensure that suitable instructions are issued to the field. Wherever an amendment of law or procedure is considered necessary, he will get the matter examined in the Board for further appropriate action. Transfers and posting of “Group A” officers upto the level of Addl./Joint DIT within the above mentioned Directorates.

He scrutinises immovable property returns submitted by the officers. Assisting the CBDT in policy formulation in recovery/BIFR related matters. It prepares and releases publicity materials in the form of posters, pamphlets, laminated wall-hangers, caps, tee-shirts, stickers etc.

Eliciting information from Field Formations needed by Ministry of Law, Central Agency Section. Responsibility of keeping the CBDT informed of all the developments in the NADT, RTIs and MSTUs. Conducting research for identification of the new training needs of personnel in the Department and also on the efficacy of the training being given to probationers. Framing of norms and issuing guidelines for vigilance functions of the Department. Preparation and furnishing of reports to CBDT/CVC/Ministries.

Simplified Income Tax Return Filing

To issue general instructions to field officers regarding Internal Audit and Revenue Audit. The directorate also performs all other related work. To examine and review the reports received and to provide feedback to field formations on quality of assessments and inspections determined on the basis of a study of inspection records. DGIT(Admn.) will coordinate and monitor the follow up action in cases of audit objections which give rise to issues likely to arise in other charges or which require active involvement of more than one CIT.

The transfer price is determine by the TPO in terms of section 92C. The price is determine by the any one of the method stipulated in sub section of section 92 and by applying the most appropriate method referred to in section thereof. The TPO after taking into account all relevant facts and data available to him determines arm’s length price and passes a speaking order after obtaining the approval of DIT transfer pricing. Supervision and control over the Directors of Income Tax , Commissioners of Income Tax and Commissioners of income Tax . In Mumbai and Delhi, CCIT exercises control over CIT . Computerizing the database of Special Leave Petitions and creation of database in formats prescribed by Board.

Get started with your UPSC preparation today

He handles the vigilance and disciplinary matters of both gazetted and non gazetted officers working under his administrative control. He will review the confidential reports of the officers in the Directorate written by the Director of Income Tax. He will obtain reports from the Directors of Income-tax concerned and take further necessary action including communication of adverse remarks. The headquarters office of the DGIT would deal with the representations against adverse remarks and submit the relevant file to the DGIT through the DIT concerned.

Handling vigilance and disciplinary matters of the gazetted officers working under his Administrative control. The relevant files are to be put up to the DGIT(Admn.) for appropriate orders through the DIT concerned. Policy regarding discharge of statutory functions of the CBDT and of the Union Government under the various direct tax laws. Various functions and responsibilities of CBDT are distributed amongst Chairman and six Members, with only fundamental issues reserved for collective decision by CBDT. In addition, the Chairman and every Member of CBDT are responsible for exercising supervisory control over definite areas of field offices of Income Tax Department, known as Zones.

Chairperson of the Central Board of Direct Taxes

Mody is holding an additional charge of Member Investigation and is also holding charge of Member Administration after Prabhash Shankar, Member Administration superannuated on January 31. KM Prasad, Member audit and judicial, is holding an additional charge of member income tax and revenue. Launched in 2006 by the Income Tax Department, the Tax Return Preparer Scheme assists small and marginal taxpayers in preparing and filing their tax returns by creating a company of ‘Tax Return Preparers’.

Please abide by our community guidelines for posting your comments. The Government on Thursday approved appointment of three members for the Central Board of Direct Taxes . Copyright – newindianexpress.com 2023.

The CBDT is also involved in the promotion of taxpayer education and awareness. It has implemented a number of programmes to increase financial awareness among consumers, including an online income tax filing course. The CBDT is also in charge of supervising the implementation of India’s Goods and Services Tax .

CBDT seeks to widen net for appointment of members, makes younger officers eligible for post

Drawing up the annual action plan for vigilance work for various functionaries of the department including DGIT (Vig.) himself, DITs (Vig.), CCITs and DGITs. Maintenance of CVO’s registers for Group ‘A’ officers. Implementation of software packages at various computer centres of the department including on-the-job training and monitoring the progress of implementation. All financial sanctions under the relevant rules shall be issued by him, or the officer authorised by him. The residuary financial powers and budgetary control in respect of the Directorates specified above will vest with the DGIT .

The last appointments of Member to CBDT were all in the rank of Principal Chief Commissioner of Income Tax. In November last year, three Indian Revenue Service officers – P K Dash, Akhilesh Ranjan and Neena Kumar, were appointed Members. While Dash was Principal Chief Commissioner of I-T in Bhopal, Ranjan and Kumar were posted as PCCsIT in Delhi.

New CBDT chairman, members likely to be appointed by August-end

Newly-appointed member and 1985-batch Indian Revenue Service officer Anuja Sarangi has been allocated the administration and faceless assessment scheme charge, the order stated. Taxation law is not only very complex as it requires specialized knowledge and expertise to implement, but also it necessitates various kinds of deterrent actions to ensure compliance by taxpayers. SK Gupta who is holding additional charge of Legislation was re-appointed as a board member by the Appointment Committee of the Cabinet on his superannuation on July 31, 2020 for a period of one year. The administered Acts and Rules are available on the Income Tax Department’s website All Notifications and Circulars issued from time to time are also made available on this website. The monthly remuneration received by each of its officers and employees, including the system of compensation as provided in its regulations. The particulars of any arrangement that exists for consultation with, or representation by, the members of the public in relation to the formation of its policy or implementation thereof.

• Supervision and control over the Directors of Income Tax , Commissioners of Income Tax and Commissioners of income Tax .
• The TPO after taking into account all relevant facts and data available to him determines arm’s length price and passes a speaking order after obtaining the approval of DIT transfer pricing.
• DGIT(Admn.) will guide the DIT(I&E) on issuing instructions regarding points to be looked into by the Inspecting Officers.
• The idea underlying is to ensure that the statistics compiled from these registers reflect a true picture.
• “The hiring will speed up, especially at the top position.

The particulacbdt comprises of how many members: of facilities available to citizens for obtaining information, including the working hours of a library or reading room, if maintained for public use. The primary responsibility in these matters rests with Addl./Joint Commissioner of Income Tax . Addl./Joint Commissioner of Income Tax will, however, report any deficiency in the matter to the CIT.

16. Processing representations and complaints regarding location of offices in particular buildings. Processing court cases relating to the matters concerning Infrastructure. Examination of proposals regarding hiring of office/office-cum-residence accommodation and godown accommodation in respect of attached and subordinate offices.