EY Global Delivery Services ( EY GDS) Tax Analyst Interview Questions, Process, and Tips

It consists total 30 questions followed by logical reasoning questions

Q1. What is balnce sheet
Ans. 
Balance sheet is a financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time.
• It provides a snapshot of a company's financial position

• Assets are what the company owns, liabilities are what it owes, and shareholders' equity is the difference between the two

• The balance sheet follows the accounting equation: Assets = Liabilities + Shareholders' Equity

• It is one of t...read more
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Q2. Who is an assesse
Ans. 
An assessee is a person or entity who is liable to pay tax or is subject to tax assessment by the government.
• An assessee can be an individual, a company, a partnership firm, or any other entity that is required to pay taxes.

• Assessees are identified based on their income, profits, or any other taxable criteria set by the tax authorities.

• Examples of assessees include salaried individuals, businesses, and corporations.

• Ass...read more
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Q1. Self introduction
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Q2. What is your motivation to join the company
Ans. 
I am motivated to join the company because of its reputation for innovation and commitment to employee development.
• I am impressed by the company's track record of success in the industry.

• I am excited about the opportunity to work with a team of talented professionals.

• I believe that the company's values align with my own personal values.

• I am eager to contribute my skills and expertise to help the company achieve its goa
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Q1. Why you want to join ey
Ans. 
I want to join EY because of their reputation for providing excellent tax services and opportunities for professional growth.
• EY is known for its expertise in tax services, which aligns with my career goals

• I am impressed by EY's commitment to employee development and training programs

• I believe that working at EY will provide me with the opportunity to work on challenging and diverse tax projects

• I am attracted to EY's gl...read more
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Q2. Tell me about your short term and long term goals
Ans. 
My short term goal is to gain experience and knowledge in tax analysis. My long term goal is to become a senior tax analyst and eventually a tax manager.
• Short term goal: Gain experience and knowledge in tax analysis

• Long term goal: Become a senior tax analyst and eventually a tax manager
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Q1. Tell me about urself
Ans. 
I am a detail-oriented tax analyst with a strong background in accounting and tax law.
• I have a Bachelor's degree in Accounting and have completed courses in tax law.

• I have experience preparing tax returns and conducting tax research.

• I am proficient in using tax software such as TurboTax and QuickBooks.

• I have excellent analytical skills and attention to detail.

• I am a team player and have strong communication skills.
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Q2. What you know about uk tax
Ans. 
UK tax system is based on self-assessment, with various taxes including income tax, capital gains tax, and value added tax (VAT).
• UK tax system is based on self-assessment, where individuals and businesses are responsible for reporting their own income and calculating their tax liability.

• Income tax is the main form of taxation in the UK, with rates varying depending on income levels.

• Capital gains tax is levied on the pr...read more
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Q1. What is 194c section
Ans. 
Section 194C of the Income Tax Act deals with tax deduction at source on payments made to contractors/sub-contractors for carrying out work.
• Section 194C applies to payments made to contractors/sub-contractors for carrying out any work (including advertising, broadcasting, etc.)

• Tax deduction at source (TDS) is required to be made by the person making the payment if the payment exceeds a specified limit.

• The TDS rate unde...read more
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All about basic of English math reasoning and excel

Logical, verbal and Finance/ Accounts

Q1. T accounts, Deferred tax asset and liability, financial statements, contents of financial statements, OECD
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Q2. Corporate tax, international tax, any tax rates
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