Income Tax Officer

Monday, December 9, 2013

Income Tax Officer

    

    The Income Tax Officer occupies an important position in the Income tax department.He is vested with vast powers in the matters of assessment,collection of taxes and handing over the defaulter to the concerned authorities for the collection of arrears of taxes.He has both executive and judicial powers.The central Board of revenue can appoint as many Income tax officers as it thinks fit.It also includes an Assistant Income Tax Officers and a tax Recovery Officer.New discretionary powers have been given and the ones which have been withdrawn are those which could have been used by the tax officer in favour of the assessee and not against him.

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