Career, Scope and Opportunities in Income Tax Officer

By | October 13, 2020
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Income Tax Officer 

Income Tax Officer is an officer who handles income tax matters of department of central government of India, The Central Board of Direct Taxes-CBDT. Income Tax Officers have responsibility of hunting for defaulters and notice them to the department as to pay their tax with fine.

income tax officer

Key to Success

To be successful as an Income TAX Officer you should have/ develop:

  • Love for mathematics
  • Quick learner
  • Attention to Details

 Scope and opportunities

As the income tax collected from people is used in government’s developmental works, it becomes important job of an Income Tax Officer to accumulate tax on time.
One should be very honest, hardworking, and do perfect work.

Lifestyle & Social Status

It is a government job with pride. You deal with elite and rich people in society.

Job Profile

  • Making use of appropriate deductions, adjustments and credits to monitor tax filings
  • Study financial records like expense of documentation and income statements to ascertain figures.
  • Evaluate taxes overpaid or owed, using computers and makes entries on forms, by following instructions and tables of tax form.
  • Advice taxpayers to fill correct tax form and give sufficient information.

Skill sets

  • A strong work ethic;
  • Analytical skills;
  • Ability to synthesize
  • Initiative

Work Value

  • Quick Focus
  • Very active social life

 Current Job Scenario

An Income Tax Officer can earn between Rs.15,000-Rs.20, 000 PM. The Government of India has fixed salary grades and revises with new pay commission based on branches.
Income Tax Officer receives additional benefits as Dearness Allowance, Leave Travel Allowance, City compensatory Allowance, Medical and subsidized housing.

Top Recruiters

Income tax department (CBDT)

Course Synopsis           

Course Options Civil Services National

Academic Eligibility

Graduate in any discipline
Fees Rs 5000 – Rs 10000 per year
Expenditure in Metro and Tier-1 Rs. 2 Lakhs to Rs. 2.5 Lakhs
Expenditure in Tier-2 Rs. 1.25 – Rs. 1.75 Lakhs

Duration

 

Mode

 

Entrance Exam

Common Entrance Exam

Specialisation

 

Education Loan

 

Scholarships

 

Central Government conduct’s common entrance test for the entry level of Income Tax, Central Excise, Customs etc. level officers recruitment happens once year ans candidates are selected as per the vacancy of seats.

 Career prospect

  1. Prosecutor
  2. Tax assistant
  3. Inspector
  4. Assistant commissioner of income tax

Entrance Exam

  • State Public Service Commission Exams

Success stories

  1. https://www.youtube.com/watch?v=i5iV9XJpfmE
  2. https://www.youtube.com/watch?v=fdE3DkE6fe0
  3. https://www.youtube.com/watch?v=x4Lp61IdCzA
  4. https://www.youtube.com/watch?v=tmEggDdhhYY
  5. https://www.youtube.com/watch?v=x1GdwQdeW8k
  6. https://www.youtube.com/watch?v=-uSQDk8E7ME
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