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Investigation Division of the Central Board of Direct Taxes

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Title: Investigation Division of the Central Board of Direct Taxes  
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Subject: Directorate General of Income Tax Investigation, Chief Commissioner of Income Tax Central, Law enforcement in India, Ministry of Finance (India), Chandigarh Police
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Investigation Division of the Central Board of Direct Taxes

Investigation Division of the Central Board of Direct Taxes
केन्द्रीय प्रत्यक्ष कर बोर्ड की जांच प्रभाग
Logo of the Investigation Division of the Central Board of Direct Taxes.
Agency overview
Legal personality Governmental: Government agency
Jurisdictional structure
Federal agency India
Governing body Government of India
General nature
  • Civilian agency
Operational structure
Headquarters New Delhi, India
Agency executive Mr KV Chaudhary IRS, Member
Parent agency Ministry of Finance , Department of Revenue

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,enforcement and prosecution reated cases of the various direct taxes accruing to the Union Government.[1][2][3]

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;

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 InvestigationDirectorate 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. ^ http://www.ceib.nic.in/ceib.htm
  2. ^ a b c d http://www.incometaxindia.gov.in/CCIT/CBDT.asp
  3. ^ http://www.indiankanoon.org/doc/180193970/
  4. ^ http://timesofindia.indiatimes.com/business/india-business/Vodafone-Income-Tax-department-set-for-another-round-in-Supreme-Court/articleshow/16875712.cms
  5. ^ http://corporatelawreporter.com/initiatives-investigation-division-cbdt-unearthing-black-money-9693.html
  6. ^ http://finmin.nic.in/press_room/2012/Investig_CBDT_BlackMoney.pdf
  7. ^ http://www.irsofficersonline.gov.in/CBDTOverview.aspx
  8. ^ http://pib.nic.in/newsite/PrintRelease.aspx?relid=85955

External links

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