Chartered Accountant

Role & responsibilities

JD for Income Tax Compliance Team Income Tax Compliance:

• Prepare and file Income Tax Returns (ITR) for individuals, corporates, and other entities especially Non- Charitable Trust, Section 8 Company etc

• Ensure accurate computation of taxable income, deductions, and exemptions.

• Review and file tax audits of Corporate and non - corporate TDS Compliance: •

Ensure timely deduction, payment, and filing of TDS returns.

• Review and monitor compliance with TDS provisions on various payments (e.g., salaries, contract payments, interest, etc.).

• Prepare and file quarterly TDS returns (e.g., Form 24Q, Form 26Q, Form 27Q , 27EQ).

• Ensure accuracy in TDS certificates (Form 16/16A) issuance to employees and vendors.
• Reconcile TDS data between Form 26AS, books of accounts, and TDS returns filed.
• Respond to notices from the Income Tax Department regarding TDS discrepancies. SFT Compliance:

• Prepare and submit the Statement of Financial Transactions (SFT) for the relevant financial year.

• Ensure accurate and timely reporting of high-value financial transactions as prescribed under the Income Tax Act

• Coordinate with various departments (finance, accounts, etc.) to capture and validate transactions that meet the SFT criteria.

• Review and reconcile SFT data to ensure compliance with the Income Tax Department's guidelines.
• Address and resolve any discrepancies or queries related to SFT submissions raised by the Income Tax Department. Form 15CA/15CB Compliance:

• Ensure proper and timely filing of Form 15CA for remittances made to foreign entities, in compliance with Section 195 of the Income Tax Act.

• Review and monitor the remittance process to ensure that the correct amount of TDS is deducted and remitted on foreign payments.

• Advise internal teams on the requirements for filing Form 15CA/15CB and the implications of non-compliance.

• Analyze foreign remittances and verify the applicable TDS rates based on double tax avoidance agreements (DTAA), if any. • Ensure proper documentation and certification (Form 15CA/15CB) for cross-border transactions to avoid any penalties.

• Conduct

  Internal Audits

  across various industries
• Perform

  GST Audits

  , including reconciliation and return review
• Handle

  assignments independently

  with minimal supervision
• Ensure timely and accurate compliance with

  TDS, GST, Income Tax

  , and other statutory requirements
• Prepare audit reports, working papers, and compliance documentation
• Collaborate with clients and internal teams effectively
• Work extensively on

  Microsoft Excel

  for data analysis and reporting
• Utilize

  Tally

  and

  Google Sheets

  for accounting, documentation, and tracking
• Communicate clearly and professionally with clients and stakeholders

Preferred candidate profile

• Qualified CA and Semi- CA (Completed IPCC with articleship).
• 1 to 5 years of years of relevant experience.
• Proficient in

  Microsoft Office

  , particularly

  Excel (VLOOKUP, Pivot Tables, etc.)