What are the Duties Performed by Income Tax Departments ?

The Income Tax Department has to discharge a variety of functions. The Indian Revenue Service Officers are responsible for administrating fiscal laws like the Income Tax Act, Wealth Tax Act , Interest Tax Act etc. The immediate object is to collect tax and to detect and check tax evasion. They also have duty towards the tax paying public. They advise the public of their rights and duties as part of creating an environment of mutual trust between the department and the public The second role of the department is to help in achieving the socio-economic objectives of the government through planned tax legislation and thus contribute to the implementation of the governments' wider polices . The department also n  negotiates and implements wide ranging Double Taxation Avoidance Agreements.

On our next post, we're going to discuss about various Acts related to Income Tax in India.