Composition of IRDA Developing measures to assure personnel safety. Municipalities are public corporations created by the legislature for political purposes, with political powers, to be exercised for purposes related to the public good, in the administration of civil government[i]. accounts and audit officer of the university. (1) The Chief Commissioner or the Commissioner, by general or special order in writing, may authorise a Tax Recovery Officer It is authorized to discharge all those functions prescribed in the Act and those which are entrusted to it by the Central Government. Continue reading powers and functions of lok sabha. Functions and powers of District Education Officer To ensure that the business of the group of offices under his administrative control is carried out in accordance with law and the rules and the human and material resources placed at his disposal are optimally utilized to improve governance. IRDA has powers for levying penalty on companies which fail to comply with the rules and regulations. 11. Home from Home Care Job Description – Assessment Officer April 2008 - 1 of 2 - Home from Home Care Job Description – Assessment Officer April 2008 (1) (a) The Finance and Accounts Officer shall be the principal Officer. 251. RBI issues these currency notes ( 2, 5, 10, 20, 50, 100, 500, 1000) against the security of gold bullion, foreign securities, rupee … 49 duties of a safety officer: The Safety Officer is responsible for monitoring and assessing hazardous and unsafe situations. May exercise emergency authority to prevent or stop unsafe acts when immediate action is required. Correct unsafe acts or conditions through the regular line of authority. Maintaining industrial peace being the main function of … ise or perform certain powers and functions of an Assessing Officer. What is a CEO (Chief Executive Officer)? 1.2. 3. Regulatory Functions: These functions are performed by SEBI to regulate the business in stock exchange. Assessing Officer is clearly defined in Section 2(7) and it doesn't relate to section 116. Powers, Functions, and Duties of Municipality. The IAS officer’s strength and power depend on the pay scale. The power to raise and maintain armed forces is the responsibility of Congress, and it has the power to declare war. Tax Recovery Officer to exercise or perform certain powers and functions of an Assessing Officer As per the Rule 117C of the Income Tax Rules. As per the provisions of the Section 22 of the Reserve Bank of India Act 1934 the RBI has sole right or authority to issue currency notes except one rupee note and coins of smaller denomination.RBI can exchange these currency notes for other denominations. JOB DESCRIPTION – Assessment Officer. The deputy commissioner of a district is by virtue of his office its collector a revenue officer who is transferred from one district to another retains 1) In India, the Parliamentary form of government has been adopted; therefore, there is a distinction between the Real and the Nominal Executive. means an officer of a State Government or Board or licensee, as the case may be, designated as such by the State Government; It was established on January 25, 1950. Powers, Functions and Duties The Office of the Ombudsman shall have the following powers, functions and duties Investigate and prosecute on its own or on complaint by any person, any act or omission of any public officer or employee, office or agency, when such act or omission appears to be illegal, unjust, improper or inefficient. Powers of an IAS Officer: The Indian administrative service was established in the year 1946. The officer has the power to call for information from any person either with regard to his own matters or in case of a third person, with whom the person has any dealings, which are covered under various sections of the Income Tax Act. Powers and Duties of the Finance and Accounts Officer in Maharashtra University Act, 1994 . 16 October 2013 No. All insurance agents must obtain license from IRDA. POWER OF INCOME TAX AUTHORITIES RELATING TO SEARCH AND SEIZURE [ SECTION 132] Entering and Searching the Premises : Where the Director General or Director or the Chief Commissioner or Commissioner or any such Joint Director or Joint Commissioner as may be empowered in this behalf by the Board , in consequence of information in his possession, has reason to believe that— Powers under Section 131(1A) can be exercised on ‘reason to suspect’ depending on the nature of the case. 117C. 12. 13. 2) The President of India is the Nominal Executive and the Council of Ministers is the Real Executive. Section 148 grants an Assessing Officer the power to either assess or re-assess any taxable income that may have gone under the radar, and has not been assessed as per the stipulated guidelines of the Income Tax Act. Today, we will principally focus upon The Powers of Police Officer under Code Of Criminal Procedure. The role and functions of the police in general are: (a) to uphold and enforce the law impartially, and to protect life, liberty, property, 117C. A CEO, which stands for Chief Executive Officer, is the highest-ranking individual in a company Corporation A corporation is a legal entity created by individuals, stockholders, or shareholders, with the purpose of operating for profit. But during the national emergency, the central government can also make the laws in the state list. Powers and functions of the President. It was been authorized in the year 1973 and came into existence or force or commenced on 1st April 1974. The appointment of chief executive officer requires prior permission of the IRDA. Shall exercise general supervision over all assessors of general property or other taxes, over township, county, and city boards of equalization and over all other assessing officers, in the performance of their duties, to the end that all assessments of property be made relatively just and equal in compliance with the laws of the state. Search action under Section 132 is an extreme step. 1. Define Assessing Officer. To regulate the activities of stock exchange following functions are performed: (i) SEBI has framed rules and regulations and a code of conduct to regulate the intermediaries such as merchant bankers, brokers, underwriters, etc. appointment, procedure, functions, powers, liabilities, of the conciliator under sec 2(vi), 35, 36, 38 of Punjab Industrial Relation Act 2010, 2012 in labour law for llb student. The Senate, but not the House of Representatives, has the power to approve treaties with foreign governments as well. Because of duplicity of powers conferred on the assessing officer and the authorized officers a reasonable amount of excess implementation is being subjected on the searched assessee. [Tax Recovery Officer to exercise or perform certain powers and functions of an Assessing Officer. The Code of Criminal Procedure (CrPC) is an effective proceeding law of India, which promulgates certain punishments for the offenders or delinquents, under criminal law. Role, Functions and Duties of the Police in General 2. IAS officer is one of the elite jobs in government jobs. If a Police officer suspects the commission of a cognizable offence, he has the power to investigate under section 157 … There are five classes of revenue officers: the financial commissioner, the commissioner, the collector, the assistant collector of the 1st grade, and the assistant collector of the 2nd grade. 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