Income Tax

ITD celebrates 157th Income Tax Day on 24th July 2017

ITD celebrates 157th Income Tax Day on 24th July 2017. Income tax was first introduced on 24th July 1860 by the British. CBDT Chairman congratulates ITD

Income Tax Day – 24th July 2017

SUSHIL CHANDRA
Chairman,CBDT   &

Special Secretary to the Government of India

Dated the 24th July , 2017

My dear members of the Income Tax family ,

As you are all aware , we are celebrating 1571h Income Tax Day today and on this momentous occasion , I am extremely happy to extend heartiest good-wishes and felicitations to you all as well as to all your family members.

Though income tax was first introduced on 24th July, 1860 by the British to compensate for the losses suffered by them during our first war of independence in 1857, post-independence our Department has committed itself to collect revenues for the Central Government , essentially required to finance public welfare schemes , infrastructure projects and security of the nation. The evolution of our Department has thus run parallel to the socio-economic progression of our country.

In last few years , we have rapidly transformed ourselves from an enforcement agency to a citizen-centric, non-adversarial tax administration which has been possible due to adoption of new technology , a change in mindset of our workforce and the dedication and hard-work put in by one and all to commit ourselves in the task of nation-building through revenue mobilisation and encouraging more and more people to become tax compliant. It is absolutely critical at this stage that we do not lose our focus and continue to strive to excel in our endeavours with integrity , competence and professionalism , benchmarked against the international best practices in the area of  direct  tax administration.

Let us all rededicate ourselves today to the service of nation with the pledge that we shall continue to live by our core values of equity , transparency and accountability and will leave no stone unturned to contribute towards making a new , vibrant and self-reliant India.

I once again congratulate you  on the occasion of Income Tax Day, 2017.

With warm wishes

Yours sincerely

(Sushil Chandra)

Share

Recent Posts

  • ICAI

Empanelment of ICAI Exam observer for January 2027 Examinations. Last date: 20.11.2026

Empanelment to act as ICAI exam observers for January 2027 CA Examination. Last date to apply is 20.11.2026 Empanelment of…

5 hours ago
  • GST

No arrest under GST- Major decision of 57th Meeting of GST Council held on 8th October 2026

No arrest under GST- Major decision taken in 57th Meeting of the GST Council on 8th October 2026 PRESS RELEASE…

2 days ago
  • Income Tax

Later SC ruling cannot render an act done in compliance of a court order a statutory default

A subsequent Apex Court ruling on the substantive issue cannot retrospectively make an act done in compliance of a binding…

2 days ago
  • Income Tax

Interest payment on mobilisation advance to NHAI not liable to TDS u/s 194A

Interest payment on mobilisation advance to NHAI not liable for deduction of tax at source u/s 194A - ITAT Interest…

3 days ago
  • Income Tax

Typographical error in turnover accepted during assessment not a mistake apparent from record

Typographical error in turnover declared in ITR was not as a mistake apparent from the record u/s 154 when AO…

5 days ago
  • Income Tax

Plea that assessee was not aware of order cannot be brushed aside in absence of proof of service

Ground taken by assessee that he was not aware of the order cannot be brushed aside so lightly in absence…

5 days ago