Direct Tax Executive

Role & responsibilities

1. Income Tax Litigation

• Scrutiny and transfer pricing assessments preparation of data and submissions, appearing before Assessing Officer
• Preparation of appeals and filing of same at CIT(A), DRP and ITAT level against AO / TPO orders, intimations and assisting in cases pending at High Court as well
• Filing timely response to various notices, intimations and orders received from tax department like u/s 92CA(2), 92D, 143(1), 143(2), 142(1), 143(3), 154, 133(6), 271(1)(c), 148, advance tax notices, recovery notices, show cause notices, TDS notices, 220, 245 etc.
• Interaction directly with AO and AOs staff and appearing at CIT(A) level
• Co-ordination with Consultants for various hearings and responses, providing details and solving queries while co-ordinating with Company teams

2. Income Tax Compliances

• Advance Tax workings for corporate and individual assesses
• Calculation of DTA / DTL and Provision of taxation for accounts
• Periodic review of accounts from taxation point of view;
• Preparation of Computation of Income and review of Return of Income and ensuring timely filing of the same
• Preparation of Transfer Pricing and Tax Audit Schedules, completion of audits
• Preparation of Transfer Pricing study in co-ordination with consultants
• Completion of 10AA and 35(2AB) audit and MAT certification with auditor
• International Taxation Master File Compliance – Form 3CEAA filing

3. Income Tax Advisory

• Advisory on Business restructuring like Mergers and Amalgamations
• Withholding tax applicability on payments to Non Residents
• TDS/TCS applicability
• Various amendments made in Income from time to time and its applicability on the Organization
• Review and advisory on various agreements having tax impact

4. FEMA Compliances

• Filing of ODI forms, Filing of APRs, filing of FLA Return, coordination with AD Bank, etc
• RBI notification issued from time to time and its applicability on the Organization

Preferred candidate profile

Competence Essential Education

CA with 0.6 months to 1 year.

Work Experience 0.6 months to 1 year

Prior experience in the field of Direct and International Taxation, or having knowledge about FEMA Compliances during Articleship period Knowledge Direct and International Taxation, FEMA Compliances