I-T department to hire 50 young law, accountancy graduates

I-T department to hire 50 young law, accountancy graduates

I-T department to hire 50 young law, accountancy graduates: The I-T Department has made the temporary decision to hire 50 newly graduated from the schools of law and chartered accounting to assist and supplement departmental officers in the preparation of legal matters that would be litigated before the Income Tax Appellate Tribunal (ITAT). As part of the recently announced “young professional scheme, 2023,” candidates who are under 35 years old will be hired in various field offices of the department for a monthly salary of Rs 40,000.

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The scheme is being brought to “augment departmental representation in the ITAT and it envisions engagement of young graduates in law and accountancy who are rich in domain knowledge”, according to the I-T department.

“Such resources would aid the departmental officers in preparation of the cases admitted for hearing in Tribunals (ITAT). In addition, they will also take up research/study work encompassing critical areas of tax litigation for effective litigation management,” the release said.

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The proposal states that the young professionals will examine the paper books of the tax department’s listed cases, locate rulings in the department’s favor, identify and distinguish relevant facts, as needed, and prepare briefing notes for the tax officers serving as Commissioners (departmental representatives) at various ITAT benches across the nation. Currently, there are more than 60 benches for the ITAT spread over 27 locations in the nation.

The statement of policy said that the initial time of engagement for such professionals will be for year and that this period “can be extended” for an additional year if their performance is judged to have been good. The Central Board of Direct Taxes (CBDT), which establishes policy for the tax division, will “evaluate” the program at the conclusion of these two years to see whether an extension is possible.

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The Indian Official Secrets Act, 1923 would apply to the young professionals, who “would be subject to the provisions of the Act and will not release any information gathered by them…to anyone who is not authorized to know the same,” according to the statement. Mumbai region will get maximum (12) of these professionals, followed by Delhi (9), Gujarat (5), Tamil Nadu and Puducherry (4) and West Bengal and Sikkim (4). A law graduate/post graduate or Chartered Accountants up to the age of 35 years will be eligible under the scheme. Selected candidate will get 8 years of leave in a year.

It has clarified that no other facilities such as DA, accommodation, residential phone/conveyance/transport, foreign travel, personal staff, medical reimbursement, CGHS etc. would be admissible. The engagement will neither constitute a regular job or appointment of any nature in I-T Department, nor it will be a relationship of employer and employee between the Income Tax Department and the Young Professional.  Also, in case of death during engagement, no compensation will be paid.

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The scheme, notified on August 2, aims to finish the hiring work and publishing of the merit list of the 50 chosen professionals by this month end. Under the Income Tax scheme, the ITAT is the first level of judicial appeal after an assessee approaches the Commissioner of Income Tax Appeals authority, known as CIT (Appeals), against an order of the department and this litigation can be followed up to the High Courts and the Supreme Court.

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