Job description:
- Should have knowledge of provisions of Tax deducted at source (TDS) and Tax collected at source (TCS) and reasonable knowledge of Income Tax Act, 1961
- Determining the monthly TDS /TCS liabilities and ensure timely payment of tax liabilities
- Gather / Compile necessary data, prepare and file TDS / TCS returns
- Filing of Form 15CA for foreign remittances
- Ensure reconciliation of TDS /TCS credit and corresponding income in Form 26AS vis-à-vis books of account, review the differences and take necessary steps for reconciliation.
- Help in working out quarterly advance tax instalment working, ensure timely payment of quarterly advance tax liability and helping in preparing computation of income of group companies/trusts
- Provide support in compiling /preparing necessary data for filing income tax return
- Provide support in compiling the necessary details for Assessment proceedings /TDS proceedings.
- Maintain proper records and documents for compliance and litigation.
- Stay updated on changes in Income tax law especially related to provisions of TDS/TCS and helping in implementing necessary changes in system
- Resolving queries relating to TDS/TCS of vendors/customers
- Coordination with cross functional teams for above role
- Proficiency in excel and working knowledge of SAP
Employment Type: Full Time, Permanent
Read full job description