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Investigation Division of the Central Board of Direct Taxes

The Investigation Division of the CBDT, abbreviated as Inv-CBDT, is the revenue enforcement agency of the Central Board of Direct Taxes, Government of India. It functions under the Department of Revenue in the Union Ministry of Finance and is concerned with the collection and administration of, as well as enforcement and prosecution of cases related to, the various direct taxes accruing to the Union Government.[1][2][3]

Investigation Division of the Central Board of Direct Taxes
केन्द्रीय प्रत्यक्ष कर बोर्ड की जांच प्रभाग
Jurisdictional structure
Federal agencyIndia
Operations jurisdictionIndia
Governing bodyGovernment of India
General nature
Operational structure
HeadquartersNew Delhi, India
Agency executive
  • Mr Sushil Chandra, IRS, Member
Parent agencyMinistry of Finance , Department of Revenue

Functions

1. Processing of complaints regarding evasion of tax;

2. All matters relating to administrative approval for filing, dropping or withdrawing of prosecution cases in respect of offences mentioned in Chapter XXII of the Income Tax Act and corresponding provisions in other direct taxes;[2]

3. All technical and administrative matters relating to provisions of sections 147 to 153 (both inclusive) of the Income-tax Act, 1961;

4. Searches, seizures and reward to informants;

5. Survey;[clarification needed]

6. Voluntary disclosure schemes;

7. Matters relating to the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976;

8. Work connected with High Denomination Bank Notes (Demonetisations) Act, 1978;

9. Supervision and control over the work of Directorate General of Income Tax Investigation Directorate of Income Tax Intelligence and Criminal Investigation, Chief Commissioner of Income Tax Central, To collect intelligence and information regarding aspects of the black economy which require close watch and investigation. Also, keeping in view the scene of economic offences, the Bureau is required to collect information and provide periodical and special reports to the concerned authorities;[2]

10. To keep a watch on different aspects of economic offences and the emergence of new types of such offences. The Bureau was made responsible for evolving counter -measures required for effectively dealing with existing and new types of economic offences;

11. To act as the nodal agency for cooperation and coordination at the international level with other customs, drugs, law enforcement and other agencies in the area of economic offences.

12. To implementation of the COFEPOSA(i.e. Conservation of Foreign Exchange & Prevention of Smuggling Activities Act, 1971 which provides for preventive detention of persons involved in smuggling and foreign exchange rackets under certain specified circumstances)[2][4][5][6][7]

Control

The Member (Investigation) of the CBDT exercises control over this division. The Member is a high-ranking IRS officer of the rank of Secretary to the Government of India. The Member controls the:[8]

See also

References

  1. ^ . Archived from the original on 5 April 2016. Retrieved 20 October 2012.
  2. ^ a b c d . Archived from the original on 18 January 2013. Retrieved 1 December 2012.
  3. ^ "Mr.Rakesh K Gupta vs Cbdt". www.indiankanoon.org. 2012. Retrieved 16 April 2021.
  4. ^ "Vodafone, Income Tax department set for another round in Supreme Court". timesofindia.indiatimes.com. 19 October 2012. Retrieved 16 April 2021.
  5. ^ "Initiatives taken by the Investigation Division of CBDT for unearthing black money". Archived from the original on 21 January 2013. Retrieved 4 December 2012.
  6. ^ (PDF). Archived from the original (PDF) on 28 March 2014. Retrieved 4 December 2012.{{cite web}}: CS1 maint: archived copy as title (link)
  7. ^ "| Web Portal for IRS". www.irsofficersonline.gov.in.
  8. ^ . Archived from the original on 10 July 2022. Retrieved 10 July 2022.

investigation, division, central, board, direct, taxes, investigation, division, cbdt, abbreviated, cbdt, revenue, enforcement, agency, central, board, direct, taxes, government, india, functions, under, department, revenue, union, ministry, finance, concerned. The Investigation Division of the CBDT abbreviated as Inv CBDT is the revenue enforcement agency of the Central Board of Direct Taxes Government of India It functions under the Department of Revenue in the Union Ministry of Finance and is concerned with the collection and administration of as well as enforcement and prosecution of cases related to the various direct taxes accruing to the Union Government 1 2 3 Investigation Division of the Central Board of Direct Taxesक न द र य प रत यक ष कर ब र ड क ज च प रभ गJurisdictional structureFederal agencyIndiaOperations jurisdictionIndiaGoverning bodyGovernment of IndiaGeneral natureFederal law enforcementOperational structureHeadquartersNew Delhi IndiaAgency executiveMr Sushil Chandra IRS MemberParent agencyMinistry of Finance Department of Revenue Contents 1 Functions 2 Control 3 See also 4 ReferencesFunctions Edit1 Processing of complaints regarding evasion of tax 2 All matters relating to administrative approval for filing dropping or withdrawing of prosecution cases in respect of offences mentioned in Chapter XXII of the Income Tax Act and corresponding provisions in other direct taxes 2 3 All technical and administrative matters relating to provisions of sections 147 to 153 both inclusive of the Income tax Act 1961 4 Searches seizures and reward to informants 5 Survey clarification needed 6 Voluntary disclosure schemes 7 Matters relating to the Smugglers and Foreign Exchange Manipulators Forfeiture of Property Act 1976 8 Work connected with High Denomination Bank Notes Demonetisations Act 1978 9 Supervision and control over the work of Directorate General of Income Tax Investigation Directorate of Income Tax Intelligence and Criminal Investigation Chief Commissioner of Income Tax Central To collect intelligence and information regarding aspects of the black economy which require close watch and investigation Also keeping in view the scene of economic offences the Bureau is required to collect information and provide periodical and special reports to the concerned authorities 2 10 To keep a watch on different aspects of economic offences and the emergence of new types of such offences The Bureau was made responsible for evolving counter measures required for effectively dealing with existing and new types of economic offences 11 To act as the nodal agency for cooperation and coordination at the international level with other customs drugs law enforcement and other agencies in the area of economic offences 12 To implementation of the COFEPOSA i e Conservation of Foreign Exchange amp Prevention of Smuggling Activities Act 1971 which provides for preventive detention of persons involved in smuggling and foreign exchange rackets under certain specified circumstances 2 4 5 6 7 Control EditThe Member Investigation of the CBDT exercises control over this division The Member is a high ranking IRS officer of the rank of Secretary to the Government of India The Member controls the 8 Directorate General of Income Tax Investigation Directorate of Income Tax Intelligence and Criminal Investigation Chief Commissioner of Income Tax CentralSee also EditList of Income Tax Department officer ranks Civil Services of IndiaReferences Edit Central Economic Intelligence Bureau Archived from the original on 5 April 2016 Retrieved 20 October 2012 a b c d Income Tax India Archived from the original on 18 January 2013 Retrieved 1 December 2012 Mr Rakesh K Gupta vs Cbdt www indiankanoon org 2012 Retrieved 16 April 2021 Vodafone Income Tax department set for another round in Supreme Court timesofindia indiatimes com 19 October 2012 Retrieved 16 April 2021 Initiatives taken by the Investigation Division of CBDT for unearthing black money Archived from the original on 21 January 2013 Retrieved 4 December 2012 Archived copy PDF Archived from the original PDF on 28 March 2014 Retrieved 4 December 2012 a href Template Cite web html title Template Cite web cite web a CS1 maint archived copy as title link Web Portal for IRS www irsofficersonline gov in Untitled Page Archived from the original on 10 July 2022 Retrieved 10 July 2022 Portal India Retrieved from https en wikipedia org w index php title Investigation Division of the Central Board of Direct Taxes amp oldid 1105472831, wikipedia, wiki, book, books, library,

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