IRS Full Form – What is the Full form of IRS?
IRS Full Form is Indian Revenue Service. The Indian Revenue Service operates under the Ministry of Finance, Government of India. It primarily handles the collection and management of income tax and related surcharges in India. The IRS came into existence on September 1, 1961, under the jurisdiction of the Central Board for Direct Taxes, subsequent to the passage of the Income-tax Act, 1961, by the Parliament.
The IRS’s Role:
Collection
Management
Enforcement
Administration
The Income-tax Act mandates that all persons subject to taxes must file returns with, and pay taxes to, the Indian Revenue Service or a Regional Commissioner as authorized by law.
History of the IRS | IRS Full Form
IRS Full Form is Indian Revenue Service. The Indian Revenue Service is the Government of India’...