Who can appoint income tax authorities?

— (1) The Central Government may appoint as many Directors of Inspection, Commissioners of Income-tax, Commissioners of Income-tax (Appeals), Additional Commissioners of Income-tax, Appellate or Inspecting Assistant Commissioners of Income-tax and Income-tax Officers of Class I Service, as it thinks fit.

Who are the income tax authorities as appointed under IT Act 1961?

“Income-tax authority” means a Commissioner, a Joint Commissioner, a Director, a Joint Director, an Assistant Director or a Deputy Director or an Assessing Officer, or a Tax Recovery Officer, and for the purposes of clause (i) of subsection (1), clause (i) of sub-section (3) and sub-section (5), includes an Inspector …

Who are income tax authorities in India?

The Income Tax Department (also referred to as IT Department or ITD) is a government agency undertaking direct tax collection of the Government of India. It functions under the Department of Revenue of the Ministry of Finance. Income Tax Department is headed by the apex body Central Board of Direct Taxes (CBDT).

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What are various income tax authorities what are their powers How are they appointed?

Powers, functions and duties of Income-Tax officers are provided in many sections, some of which are Power of search and seizure, Power of assessment, Power to call for information, Power of Survey etc. Inspectors of Income-Tax: They are appointed by the Commissioner of Income-Tax.

Who is the highest authority of income tax?

Alternative designations

  • Principal Chief Commissioner of Income Tax – Principal Director General of Income Tax.
  • Chief Commissioner of Income Tax – Director General of Income Tax.
  • Principal Commissioner of Income Tax – ADG/ Principal Director of Income Tax.

Who appoints CBDT members?

CBDT is the apex policy making body for direct taxes such as Personal Income Tax and Corporate Tax. According to an order issued by the Department of Personnel and Training, the Appointment Committee of the Cabinet (ACC) has approved the appointment of Anu J Singh, J B Mohaparta and Anuja Sarangi as new members.

What are the classes of income tax authorities?

– There shall be the following classes of income- tax authorities for the purposes of this Act, namely:- (a) the Central Board of Direct Taxes constituted under the Central Boards of Revenue Act, 1963 (54 of 1963 ), (b) Directors of Inspection, (c) Commissioners of Income- tax, Commissioners of Income- tax (Appeals) …

What is Pan and its importance?

The Permanent Account Number (PAN) card, issued by the Income tax Department, is one of the most important documents nowadays. Uses Of Pan Card. The card was issued in order to prevent tax evasion by individuals and entities as it links all financial transactions made by a particular individual or entity.

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Who introduced VAT in India?

On 1 April 2005 the Government announced the introduction of a State VAT in 21 of the 29 Indian States. The new state-level VAT system replaced local sales taxes and was initially scheduled to commence on 1 April 2001.

What is the salary of income tax inspector?

SSC CGL Post-wise Salary

Rank Pay Scale
Deputy Commissioner INR 15,600-39,100 + Grade Pay of INR 6,600.
Assistant Commissioner INR 15,600-39,100 + Grade Pay of 5,400
Income Tax Officer INR 9,300-34,800 + Grade Pay of INR 4,800/INR 5,400
Income Tax Inspector INR 9,300-34,800 + Grade Pay of 4,600

What are the major powers of income tax authorities?

What are the powers of the Income Tax authorities as defined by the Income Tax Act?

  • Collection of information.
  • Power of survey.
  • Power to call for information.
  • Power to possess book of accounts.
  • Power of search and seizure.
  • Power related to discover and produce evidences.


What are the powers of CBDT?

The Central Board of Direct Taxes (CBDT) is the authority vested with the responsibility of the administration of laws related to direct taxes through the Department of Income Tax.

CBDT Structure

  • Income Tax & Revenue.
  • Administration.
  • Legislation.
  • Audit and Judicial.
  • Investigation.
  • TPS & System.

What are the duties of income tax authorities?

All matters relating to levy and collection of Direct Taxes. All matters relating to levy and collection of Indirect Taxes. investigation into economic offences and enforcement of economic laws. Prevention and combating abuse of Narcotic drugs and psychotropic substances and illicit traffic therein.

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Who is inspector of income tax?

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).

Income Tax Inspector Selection Process.

Tier Type Mode
Tier III Descriptive Paper in English/Hindi Offline
Tier IV Skill Test Offline

Does income tax inspector have uniform?

Income Tax Inspector Uniform:

It is a non-uniform job, so there is no dress code.

What is meant by return of income?

Income Tax Return (ITR) is a form which a person is supposed to submit to the Income Tax Department of India. It contains information about the person’s income and the taxes to be paid on it during the year. … Income from other sources such as dividend, interest on deposits, royalty income, winning on lottery, etc.

Public finance