The Central Board of Direct Taxes (CBDT) provides essential inputs for policy and planning of direct taxes in India and is a __________ functioning under the Central Board of Revenue Act, 1963.

CS Executive · Tax Laws · PYQS · December 2019
The Central Board of Direct Taxes (CBDT) provides essential inputs for policy and planning of direct taxes in India and is a __________ functioning under the Central Board of Revenue Act, 1963.
(A) Constituted Authority
(B) Revenue Administration Authority
(C) Statutory Authority
(D) Central Authority

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C). Official source note: The Central Board of Direct Taxes (CBDT) provides essential inputs for policy and planning of direct taxes in India and is a ...................... functioning under the Central Board of Revenue Act, 1963. (A) Constituted Authority (B) Revenue Administration Authority (C) Statutory Authority (D) Central Authority

Topics: Income Tax Act, 1961

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