Income Tax Department is going by the summit body Central Board of Direct Taxes (CBDT). The principal obligation of the IT Department is to authorize different direct assessment laws, generally significant among these being the Income-charge Act, 1961, to gather income for the Government of India. It likewise authorizes other monetary laws like the Benami Transactions (Prohibition) Act, 1988, and the Black Money Act, 2015. The Income Tax Act, 1961 has a wide degree and enables ITD to impose a charge on the pay of people, firms, organizations, neighborhood specialists, social orders, or other fake juridical people