Taxation Executive

A) PRIMARY:

• Assistance in compliance and advisory matters of NRI clients which may include
• Filing Individual Income Tax Returns
• Computation of Advance Tax every Quarter
• Attending to Non-filing notices from Income Tax Department
• Refund follow up/ Rectification
• Reply to any notices from Income Tax Department (Assessment, Reassessment, Appeals)
• 194-IA compliances (purchase of immovable property)
• TDS Returns and Compliances
• Determining Residential Status and Scope of Taxability as per Income Tax Act
• Lower Deduction Certificate applications for sale of immovable property
• Obtaining PAN; resolving PAN queries; PAN migration; PAN inoperative
• Repatriation of Funds (Form 15CA/CB)

B) SECONDARY:

• US Tax work (if interested in profile)
• Double Tax Treaty and FEMA advisory (training shall be given)
• Website updation under guidance of CA
• Assist Seniors in Presentations to Banks
• Co-ordination and communication with Lawyers/Associates for assisting clients in legal/Inter department / Inter Branch for tax and regulatory matters

1. LEARNINGS/KNOWLEDGE UPDATION

• Seminars on Tax & FEMA
• Reading Books (Mention Specific Books): IT Act, Master Guide to IT Act, IT Rules, Commentary for typical cases, ITRs and ITDs for some cases, Companies Act, 1956 for some assignment.
• Browsing Any Work Related Websites : Institute’s Official site, Income tax site , Taxmann.com , FEMAONLINE.com

2. REPORTING STRUCTURE (DAILY, WEEKLY OR MONTHLY BASIS):

• Reporting to immediate Senior on daily basis