Income Tax Department (CBDT)
The Income Tax Department is a premier central agency responsible for administering direct taxation laws in India, primarily the Income-tax Act, 1961, functioning under the Central Board of Direct Taxes (CBDT), Department of Revenue, Ministry of Finance.
Permanent Role & Statutory Function
Premier agency under the Department of Revenue, Ministry of Finance, responsible for administering direct tax laws enacted by the Parliament of India, predominantly the Income-tax Act, 1961.
Constitutional & Executive Responsibilities
Collection and administration of direct taxes (Personal Income Tax, Corporate Tax, Securities Transaction Tax)
Issuance and nationwide lifecycle management of Permanent Account Numbers (PAN)
Automated processing of electronic tax returns through the Centralized Processing Centre (CPC Bengaluru)
Investigation, prevention, and prosecution of tax evasion, black money, and undisclosed offshore assets
Dispute resolution and implementation of Faceless Assessment and Faceless Appeals regimes