Which board administers income tax in India?

The Central Board of Indirect Taxes and CustomsCorrect answerYour answerThe Central Board of Direct TaxesCorrect answerYour answerThe GST CouncilCorrect answerYour answerThe Comptroller and Auditor GeneralCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer B

Correct answer: B

The Central Board of Direct Taxes administers income tax and corporation tax.
The Central Board of Indirect Taxes and Customs handles GST, customs and central excise.
Both sit under the Department of Revenue in the Ministry of Finance, which is why they are so easily swapped.

Worth noting

CBIC was called the Central Board of Excise and Customs until it was renamed in 2018 to reflect GST.

Concept: CBDT against CBIC
Typical timeTypical: 45 s
Your timeYours: —

The rule this testsTaxation and GST

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Ten questions from Indian Economy & Institutions, at your own pace.

Which board administers income tax in India?

Explanation