Central Board of Direct Taxes (CBDT)
The CBDT is the apex statutory authority for administration of direct tax laws in India, constituted under Section 3 of the Central Boards of Revenue Act, 1963. It formulates policy, oversees the Income Tax Department's functioning, and issues directions — such as this nationwide verification exercise — under its administrative and supervisory powers over field tax authorities.
- Statutory basis: Central Boards of Revenue Act, 1963, which bifurcated the erstwhile Central Board of Revenue (1924) into the CBDT and the Central Board of Indirect Taxes and Customs (CBIC), effective 1 January 1964
- CBDT functions under the Department of Revenue, Ministry of Finance
- Composition: a Chairman (ex-officio Special Secretary to the Government of India) and up to six Members (ex-officio Additional Secretaries)
- CBDT-directed verification exercises are distinct from formal "search and seizure" (Section 132) or "survey" (Section 133A) actions — this is a lower-intensity compliance-verification step that can escalate to those if discrepancies are confirmed
● Tracked since February 08, 2026 · last seen August 19, 2026 · updates as the daily brief publishes
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