He had taken over as chief of CBDT, the apex policy making body of the Income Tax department, on November 1 last year.
The Appointments Committee of the Cabinet has approved the proposal for re-appointment of Chandra as CBDT chairman for a period of one year from June 1 to May 31, 2018, an order issued by the Department of Personnel and Training (DoPT) said.
Chandra, an IIT graduate, is a 1980 batch officer of Indian Revenue Service (Income Tax cadre).
Singh (Member--Personnel and Vigilance) and Mukherjee (Member-Investigation) would have got a short-tenure of about three months and about eight months respectively as the CBDT chairperson.
It is understood that the decision to extend the incumbent's term was taken in order to provide continuity as the CBDT is at the forefront of combating black money and ushering in a taxpayer-friendly regime.
The CBDT is headed by a chairman and can have a maximum of six members.
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