Income Tax Compliance Specialist

As an experienced professional in Income Tax Compliance, your main responsibilities will include preparing and reviewing Income Tax Returns (ITR) for individuals, companies, and partnerships in accordance with Indian Income Tax Law. You will need to ensure compliance with tax provisions related to TDS (Tax Deducted at Source) and other direct taxes in India. Regular reviews will be necessary to confirm that tax filings and assessments align with the Indian Income Tax Act. Your expertise will be crucial in advising on effective tax planning strategies to minimize tax liability within the Indian tax laws framework. It will be your duty to guarantee timely filing of income tax returns (ITR) and adherence to all deadlines. Additionally, you will be managing tax audits and assessments, which will involve liaising with the Income Tax Department and representing the organization in front of tax authorities for assessments, appeals, and disputes. Staying updated on changes in Indian tax laws, including amendments in the Finance Act and other applicable tax regulations, will be part of your routine responsibilities. You will be expected to provide tax planning and advisory services to the organization to enhance tax efficiency while maintaining compliance. Offering guidance on accounting treatments under Ind AS and ensuring alignment with tax regulations will be essential. Collaboration with the finance team to ensure that statutory audit and tax matters are in line with financial reporting requirements is another aspect of your role. Your assistance will also be required in preparing monthly, quarterly, and annual financial statements. To excel in this position, you should possess a minimum of 5-6 years of experience in statutory audits and income tax compliance in India. Your qualifications should include being semi-qualified with no ongoing exam appearances. A strong understanding of Indian Accounting Standards (Ind AS), Companies Act 2013, Income Tax Act, GST Law, and Transfer Pricing Regulations is necessary. Proficiency in accounting software like Tally, SAP, or any other ERP system, as well as Microsoft Excel and other tax tools, will be advantageous. Excellent verbal and written communication skills are crucial to explain complex tax and audit matters effectively. Strong attention to detail and excellent problem-solving skills are equally important. Your ability to work collaboratively with various departments, including finance, legal, and operations, as a team player will be vital in this full-time role. This position requires in-person work at the designated location.,