alleryStart learning →Before the split of 1964, which single body administered both direct and indirect taxes?
ACentral Board of Excise
BCentral Board of Revenue
CFinance Commission
DPlanning Commission
Answer & Solution
Correct answer: B. Central Board of Revenue
The Central Board of Revenue, set up under the 1924 Act, handled all taxes until it was divided into the direct and indirect boards.
Keep practising Income Tax Department
Browse all Income Tax Department questions for CA Final, or explore more Taxation topics.
Related questions
Form 49A is the PAN application form for which applicants?Which pattern shows a PAN's layout (L is a letter, N a numeral)?Which fourth character in a PAN stands for a Hindu Undivided Family?Which letter marks a firm in the fourth position of a PAN?Under section 270A, the penalty on misreported income is what share of the tax?Which section deals with assessment of income escaping assessment?A normal return is filed under which section?Which section lets an assessing officer flag a return as defective?