Table of Contents
Does IRS officer have power?
The duties of the IRS (IT) include among others, formulation of domestic direct tax policy (through the Tax Policy and Legislation Section), formulation of international tax policy (through the Foreign Tax and Tax Research Division), handling policy matters in respect of investigation of tax evasion (through the …
What is the working hours of IRS officer?
Generally, the officers are required to work on usual timings i.e. 9 am to 5 pm. But depending on the work assigned to them and deadlines approaching, they are required to work overtime.
Who has more power IAS or IRS?
The social standing and prestige that an IAS officer gets trumps that of an IRS officer’s. An IAS is the administrative head of almost all the departments in the Central and State Governments. The facilities and perks an IAS officer gets are superior to that of an IRS officer’s.
What is the salary and perks of IRS officer?
IRS Officer Rank Pay Grade Scale Salary Allowance Perks Benefits Under 7th Pay Commission
Sl. No. | Rank | Pay Band |
---|---|---|
1 | Assistant Commissioner | Rs. 15,600 – Rs. 39,100 |
2 | Deputy Commissioner | Rs. 15,600 – Rs. 39,100 |
3 | Joint Commissioner | Rs. 15,600 – Rs. 39,100 |
4 | Additional Commissioner | Rs. 37,400 – Rs. 67,000 |
Can IRS officers raid?
It is a measure that is known to be constitutionally valid too. A raid gets triggered under any of the following circumstances: Credible information of tax evasion; for instance, any evasion coming out of reports received from the Intelligence Wing of the Income tax department.
Do the IRS get cars?
Most IRS officers are provided house and official vehicle If a house isn’t provided, officers can get a decent House Rent Allowance (HRA). Other perks may include health/medical treatment expenses, retirement perks/benefits, and a lifetime pension.