Act Number: 54

Act Name: The Central Boards of Revenue Act, 1963

Year: 1963

Enactment Date: 1963-12-30

Long Title: An Act to provide for the constitution of separate Boards of Revenue for Direct Taxes and for Excise and Customs and to amend certain enactments for the purpose of conferring powers and imposing duties on the said Boards.

Ministry: Ministry of Finance

Department: Department of Revenue

Section 2: Definitions.
    In this Act, unless the context otherwise requires,--
         (a) "Board" means the Central Board of Direct Taxes or 1[the Central Board of Indirect Taxes and Customs] constituted under section 3;
         (b) "Central Board of Revenue" means the Central Board of Revenue constituted under the Central Board of Revenue Act, 1924 (4 of 1924).
         (c) "direct tax" means--
             (1) any duty leviable or tax chargeable under--
                 (i) the Estate Duty Act, 1953 (34 of 1953);
                 (ii) the Wealth-tax Act, 1957 (27 of 1957);
                 (iii) the Expenditure-tax Act, 1957 (29 of 1957);
                 (iv) the Gift-tax Act, 1958 (18 of 1958);
                 (v) the Income-tax Act, 1961 (43 of 1961);
                 (vi) the Super Profits Tax Act, 1963 (14 of 1963); 2***
                 3[(vii) the Interest-tax Act, 1974 (45 of 1974); 4***]
                 5[(viii) the Hotel-Receipts Tax Act, 1980 (54 of 1980); 6***]
                 7[(ix) the Expenditure-tax Act, 1987 (35 of 1987); 8***]
                 9[(x) the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (22 of 2015); and]
     (2) any other duty or tax which, having regard to its nature or incidence, may be declared by the Central Government, by notification in the Official Gazette, to be a direct tax.
Notes:
1. Subs. by Act 13 of 2018, s.160, for "the Central Board of Excise and Customs" (w.e.f 29-3-2018).
2. The word "and" omitted by Act 45 of 1974, s. 30 (w.e.f. 23-9-1974).
3. Ins. by s. 30, ibid. (w.e.f. 23-9-1974).
4. The word "and" omitted by Act 54 of 1980, s. 37 (w.e.f. 9-12-1980).
5. Ins. by s. 37, ibid. (w.e.f. 9-12-1980).
6. The word "and" omitted by Act 35 of 1987, s. 33 (w.e.f. 1-11-1987).
7. Ins. by s. 33, ibid. (w.e.f. 1-11-1987).
8. The word "and" omitted by Act 22 of 2015, s. 87 (w.e.f. 1-4-2016).
9. Ins. by s. 87, ibid. (w.e.f. 1-4-2016).
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