GPSC Mega Job Vacancy Update 2021

GPSC mega job vacancy update 2021

GPSC mega job vacancy update 2021

Post name :-

State Tax inspector (SIT) :- 243 post
Medical officer : 1000 Post
Other post :- 184 post

Total No.of Post :- 1427 Post

SYLLABUS FOR COMPUTER BASED RECRUITMENT TEST (CBRT) FOR THE POST OF STATE TAX OFFICER UNDER OFFICE OF THE COMMISSIONER OF COMMERCIAL TAXES (Advt No. 02 Year 2021) I. General English including Grammar – 10 marks II. General Knowledge, Current Affairs and Events of National and International Importance – 10 marks III. Logical Reasoning and Analytical Ability – 25 marks IV. Core: – 30 marks FINANCIAL & MANAGEMENT ACCOUNTING: 1. Basic Accounting concepts, Capital and Revenue, Financial statements. 2. Partnership Accounts: Admission, Retirement, Death, Dissolution and Cash Distribution. 3. Advanced Company Accounts: Issue, forfeiture, Purchase of Business, Liquidation, Valuation of shares, Amalgamation, Absorption and Reconstruction, Holding Company Accounts. 4. Cost and Management Accounting: Ratio Analysis, Funds Flow Analysis, Cash Flow Analysis, Marginal costing and Break-even analysis, standard costing, Budgetary control, Costing for decision-making Responsibility accounting. 5. Financial Management: Capital Structure, Financial and Operating leverage -Cost of capital, Capital budgeting – Working capital management Dividend Polic

INCOME-TAX LAW & TAX PLANNING

Income Tax Act, 1961 – (a) Basic Concepts and definitions (i) Background,
concepts, definitions (ii) Capital and revenue – receipts, expenditures (iii)
Basis of charge and scope of total income (iv) Residential Status and
Incidence of Tax (b) Tax Accounting Standards by the Central Board of Direct Taxes (CBDT) Incomes which do not form part of Total Income [Sec.10, 10A, 10B and 11
to 13A]
Heads of Income and Computation of Total Income under various heads
(a) Income from Salaries (b) Income from House Property (c) Profits and
gains from Business or Profession (d) Capital Gains (e) Income from Other
Sources
Income of other persons included in Assessee’s Total Income; Aggregation
of Income and Set off or Carry Forward of Losses; Deductions in
computing Total Income; Rebates & Reliefs; Applicable Rates of Tax and
Tax Liability
Taxation of Individuals including Non-residents, Hindu Undivided
Family, Firms, LLP, Association of Persons, Cooperative Societies, Trusts,
Charitable and Religious Institutions
Corporate Taxation – classification, tax incidence, computation of taxable
income and assessment of tax liability, Dividend Distribution Tax (DDT),
Minimum Alternate Tax and other special provisions relating to companies
Tax Deduction at Source, Tax Collection at Source, Recovery and Refund
of Tax, Advance Tax, Refunds
Tax Planning and Tax Management (a) Tax Planning: (i) Concept and
application (ii) For setting up new business units – study of location, nature
of business, tax holiday offered [ with special reference to provisions in
Chapter VIA of the Act] (iii) Tax incentives and Export Promotion
Schemes, other applicable tax benefits and exemptions (b) Tax
Management (i) Computation of income and Return of Income Tax, Filing
procedure, e-filing (ii) Assessment, Reassessment, Appeals, Revisions,
Review rectifications, Settlement of cases (iii) Special procedure for
assessment of Search cases.