Officer - Taxation

DSP Asset Managers is one of the premier asset management companies in India. We have a wide product stable with mutual fund products available across the risk-reward spectrum. Today, lakhs of Indian investors from over a hundred cities invest in one or more of our products.

In this role, you will be responsible for Direct and Indirect Taxation

Objectives of the role are

Direct Tax

• Checking of Form 15CA
• TDS working and payment
• Reconciliation of TDS deduction with Profit Loss
• TDS returns
• Verification approving of lower deduction certificate received from vendors
• Checking income tax filing status of new vendor as per Section 206AB
• Reconciliation of revenue booked with 26AS
• Advance Tax Working
• Preparation of Tax Audit and solving queries of auditor
• Income tax return preparation and other compliances
• Assist in filling of 3CEJA in Income tax portal
• Replying to tax assessment notices
• Preparation of assessment details and submission

Finalization of Books Activity

• Preparing Tax related schedule - Deferred tax working, Contingent Liability, Computation of current tax liability, Effective rate schedule. Status of Assessments, Appeals and Refunds under Direct and Indirect.

Indirect Tax

• Preparing Invoice via E-Invoice portal
• Compiling data for GSTR1 GSTR3B - monthly filling
• Computing reversal under Rule 42
• Preparation of all branch reconciliation of input tax credit with General Ledger
• Following up with vendors for mismatch with GSTR2A
• Assisting in preparation of GSTR9 and reconciling same with Financials
• Reconcile revenue shown in GSTR9 with Form 26AS
• Payment of liability as per GSTR9, if any via DRC-03
• Reconcile Input claimed till Sep of next financial year
• Accounting Entry related to payment of Tax, Input Claim, Recovery from vendor, Input Expensing
• Inter-Branch Invoicing and working
• Amendment in GST registration certificate
• LUT application for Export benefit

Other Activity

• Tax MIS Reporting to Management
• Automation of Tax related activity
• Reply to query of Internal Auditor

Skills needed for the role

• Deep understanding of Income Tax: Tax Audit, Tax Return, Tax Assessments
• Knowledge of TDS: Payment, reconciliation and return
• Working knowledge of GST: Input reconciliation, control testing
• Up-to-date with Tax laws and regulations

Prior e xperience needed

• Up to 5 years of relevant experience

Qualification/s

• B.Com/M.Com