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Pramod Chandra Mody Appointed as New CBDT Chief

Senior bureaucrat Pramod Chandra Mody was on Thursday appointed as chairman of Central Board of Direct Taxes (CBDT), a top policy making body for income tax department, according to a Personnel Ministry order.

Mody, a 1982 batch Indian Revenue Service (Income Tax cadre), has been appointed in place of Sushil Chandra, who earlier Thursday appointed as an Election Commissioner ahead of the Lok Sabha polls due this summer.

Functions and Organisation

The Central Board of Direct Taxes is a statutory authority functioning under the Central Board of Revenue Act, 1963. The officials 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.

Historical Background of C.B.D.T.

The Central Board of Revenue as the apex body of the Department, charged with the administration of taxes, came into existence as a result of the Central Board of Revenue Act, 1924. Initially the Board was in charge of both direct and indirect taxes. However, when the administration of taxes became too unwieldy for one Board to handle, the Board was split up into two, namely the Central Board of Direct Taxes and Central Board of Excise and Customs with effect from 1.1.1964. This bifurcation was brought about by constitution of two Boards u/s 3 of the Central Board of Revenue Act, 1963.

Composition and Functions of CBDT

The Central Board of Direct Taxes consists of a Chairman and following six Members: –

  1. Chairman
  2. Member (Income-tax)
  3. Member (Legislation & Computerisation)
  4. Member (Personnel & Vigilance)
  5. Member (Investigation)
  6. Member (Revenue)
  7. Member (Audit & Judicial)

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