The Income Tax Department is governed by the ______ and is a part of the ______ under the Ministry of Finance, Government of India.

CS Executive · Tax Laws and Practice · PYQS · December 2020
The Income Tax Department is governed by the ______ and is a part of the ______ under the Ministry of Finance, Government of India.
(A) Central Board of Direct Taxes(CBDT), Taxation Cell
(B) Central Board of Direct Taxes(CBDT), Department of Revenue
(C) Department of Revenue, Central Board of Direct Taxes(CBDT)
(D) Department of Revenue, Revenue Administration Authority

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Administration of Income Tax

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