How many types of income tax officer are there?
How many types of income tax officer are there?
There are 10 specialized directorates within Income Tax Department (ITD), most extensive and famous among these being Directorate of Investigation.
What is the salary of income tax officer per month?
Income Tax Officer Salary in India
| SSC CGL Income Tax Officer Salary | Salary Per Month |
|---|---|
| Basic Pay | INR 44,900 |
| HRA | INR 10,776 |
| DA | INR 7,633 |
| TA | INR 3,600 |
Which is the highest post in IRS officer?
Designations
| Pay Grade in the Government of India | Designations | |
|---|---|---|
| 7 | Higher Administrative Grade + | chief commissioner of income tax or director general |
| 8 | Apex Scale | principal chief commissioner of income tax, CBDT chairperson, member of CBDT and director general of the Central Economic Intelligence Bureau |
What are the powers of income tax officer?
Under the different provisions of the Act, the Joint Commissioner enjoys the power to accord approval to adopt fair market value as full consideration, instruct income tax officers, and exercise the powers of income tax officers, the power to call information, to inspect registers of companies, to make any enquiry …
Do IAS pay income tax?
As we all know that IAS is the most sought after job that every Indian wants. But the sad part is that only a few of them are selected as a Civil Servant. The life of an IAS Officer is class apart….IRS Salary Structure, Job Profile.
| Designation | Pay Scale |
|---|---|
| Principal Commissioner of Income Tax | INR 75000 to INR 80000 |
Is income tax officer a good job?
A career as an income tax officer provides both desk work as well as exciting fieldwork. An income tax officer job role is considered as a reputable and most demanding role. It provides a proper work-life balance.
What is Tax Refund?
A tax refund is a reimbursement to a taxpayer of any excess amount paid to the federal government or a state government. Taxpayers tend to look at a refund as a bonus or a stroke of luck, but it most often represents an interest-free loan that the taxpayer made to the government. In most cases, it is avoidable.
What does it mean to be an income tax officer?
An Income Tax Officer (ITO) is an authoritative official or inspector of the Income Tax Department who deals with tax-related matters of the Central Board of Direct Taxes (CBDI). Also called ‘Tax Specialists’, Income Tax Inspectors analyse and examine business and personal tax accounts and ensure that the correct amount of tax is being paid.
What is the salary of an income tax officer in India?
The salary of an Income Tax Officer in India varies across different positions. The starting salary of the SSC CGL Income Tax Inspector and Income Tax Officer is somewhere around 44,900 INR along with a grade pay that ranges somewhere between 4,000-5500 INR. What is the exam for income tax officer?
Which is the qualification for income tax inspector?
Income Tax Inspector Post Qualification. A candidate, who is applying for the Income Tax Inspector must have a bachelor degree from a recognized University or equivalent. Selection Process for SSC CGL Income Tax Inspector. The SSC CGL Exam is conducted for the recruitment of the Income Tax Inspector and many other posts.
Where can I find my income tax code?
This information can be obtained from the Income Tax Office. Applicants may search their AO Codes on the basis of description wherever provided. Alternatively, applicants may search for their AO Code in the AO Code Search as per the guidelines below.