In 1964 the Revenue Board split into the CBDT and which body?
ACentral Board of Industrial Taxes
BCentral Board of Revenue Audit
CCentral Board of Excise and Customs
DCentral Board of Trade Tariffs
Answer & Solution
Correct answer: C. Central Board of Excise and Customs
The bifurcation produced the CBDT for direct taxes and the Central Board of Excise and Customs for indirect taxes.
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