Sushil Chandra takes charge as CBDT chairman
Senior Indian Revenue Service (IRS) officer Sushil Chandra took over as chairman of the Central Board of Direct Taxes (CBDT).
He succeed Rani Singh Nair who retired from service. Chandra is a 1980-batch officer of Indian Revenue Service. Prior to this appointment he was working in the board as Member (Investigation).
About Central Board of Direct Taxes (CBDT)
- CBDT is nodal policy-making body of the Income Tax (IT) department under the Union Finance Ministry.
- It is a statutory authority established under The Central Board of Revenue Act, 1963. The composition of CBDT includes Chairman and six members.
- It is responsible for framing policy and administrative issues related to direct taxes and the Income Tax department.
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Month: Current Affairs - November, 2016