The Appointments Committee of the Cabinet (ACC) has approved extension in the re-appointment of Pramod Chandra Mody as Chairman, Central Board of Direct Taxes (CBDT) for a period of six months with effect from 01.09.2020 to 28.02.2021 or until further orders. The CBDT is headed by a chairman and can have a maximum of six members. It frames policy for the Income-Tax Department.
PC Mody, a 1982 batch Indian Revenue Service (Income Tax cadre) officer, was appointed the CBDT chief in February 2019. He was in August last year re-appointed on the post for one year, till August 31, 2020, beyond the date of his superannuation on August 31, 2019.
Important takeaways for all competitive exams:
- Central Board of Direct Taxes Established: 1924.
- Central Board of Direct Taxes Headquarters: New Delhi.