Question

    Which entity is tasked with the administration of direct

    tax laws in India?
    A RBI Correct Answer Incorrect Answer
    B CBDT Correct Answer Incorrect Answer
    C SEBI Correct Answer Incorrect Answer
    D DICGC Correct Answer Incorrect Answer

    Solution

    The Central Board of Direct Taxes (CBDT) plays a fundamental role in policy formulation and administration of direct taxes in India, operating under the Department of Revenue in the Ministry of Finance.

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