COMMERCIAL TAX OFFICER & AO INTERVIEW MATERIAL 2018 BY ICE RAJKOT

COMMERCIAL TAX OFFICER & AO INTERVIEW MATERIAL 2018 BY ICE RAJKOT

VERY VERY USEFULL MATERIAL FOR CTO/AO ORAL INTERVIEW EXAM BY INSTITUTE OF COMPETITIVE EXAM .


  • BIODATA BASED MOST IMPORTANT QUESTIONS
  • GST BASED QUESTIONS
  • INDIA AND GUJARAT QUESTIONS AND MANY MORE 


A sales tax is a  paid to a governing body for the sales of certain goods and services. Usually laws allow (or require) the seller to collect funds for the tax from the consumer at the . 

When a tax on goods or services is paid to a governing body directly by a consumer, it is usually called a . Often laws provide for the  of certain goods or services from sales and use tax.

Conventional or retail sales tax is levied on the sale of a good to its  end user and is charged every time that item is sold retail. Sales to businesses that later resell the goods are not charged the tax. 

A purchaser not an end user is usually issued a by the taxing authority and required to provide the certificate  to a seller at the point of purchase, along with a statement that the item is for resale. 

The tax is otherwise charged on each item sold to purchasers without such a certificate and who are under the jurisdiction of the taxing authority.

The government imposes a tax on  of all persons who are individuals,  (HUF's), companies, firms, LLP, association of persons, body of individuals, local authority and any other artificial juridical person. 

Levy of tax on a person depends upon his residential status. The CBDT administers the Income Tax Department, which is a part of the Department of Revenue under the. 

Income tax is a key source of funds that the government uses to fund its activities and serve the public.

The Income Tax Department is the biggest revenue mobilizer for the Government. The total tax revenues of the Central Government increased from ₹1,392.26 billion(US$22 billion) in 1997-98 to ₹5,889.09 billion(US$92 billion) in 2007-08.

The Income Tax Service, Group ‘B’  is the  of the . It is the feeder service of the premier and elite . The service functions under the Department of Revenue in the  and is concerned with the collection and administration of the various  accruing to the .

 All officers of and up to the rank of Income Tax Officer belong to Group B (Income Tax officer (ITO) is gazetted while those below the rank of Income Tax Officer are non-gazetted). On reaching the rank of Assistant Commissioner they are accorded IRS.

A chief technology officer (CTO), sometimes known as a chief technical officer, is an executive-level position in a company or other entity whose occupation is focused on scientific and technological issues within an organization.


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