Senior Executive - Financial Reporting & Taxation

Roles and Responsibilities:

• Direct Tax:

1.

a) Liaising with Tax auditor for the timely completion of Income Tax Audit in form 3CA/3CD.

b) Preparation and filing of form 3CA/3CD in consultation with Tax Consultant and tax auditor.

c) Preparation and filing of income tax return.

d) Follow up for refund with Income tax department / CPC.

2.

a) Preparing a reconciliation of 26AS (TDS receivable statement) with books of accounts.

b) Verification and filing of TDS returns.

3.

a) Preparing an estimate of Advance tax to be deposited with the government.

b) Depositing the tax with the government within the due date.

4.

a) Preparation of Documents for Income tax assessments.

b) Filing of replies for departmental enquiries / assessments

c) Liaising with the consultant.

d) Assistance in attending the Income Tax departments and follow up for all the income tax related matters.

5. Taking opinion of Income tax consultant as and when required for all the above matters & such other matters as needed.

• Indirect Tax

1.

e) Filing of GST returns such as monthly GSTR3B, working on 2B report available on GST portal and comparing the same with the entries maintained in books by finance team.

f) Filing of Annual GST return (GSTR9C).

g) Preparation of various working, scrutinizing the data and reconciliation of Purchase register along with portal data for filing of annual returns.

h) Liaising with GST consultant for filing and taking opinion on various matters.

2.

a) Handling of GST Audit for previous financial years

b) Handling of GST notice as below:

GST ASMT-10

c) Preparation of all the data files as requested by the GST officer in the format specified by the officer, along with drafting of letter to reply to the notice.

i) Getting the data verified by Reporting and Line managers along with the opinion of consultant to share the same with GST officer.

ii) Visiting the GST department for liaising with the officer and submissions of data as required.

DRC 01C

iii) Preparation of all the data files as requested by the GST officer in the format specified by the officer, along with drafting of letter to reply to the notice.

iv) Explaining the data/Reconciliation to GST officer if required, by visiting the department.

• Tax Engine

a) Support for Preparation of Customer Masters for daily tax engine reports & serving as a helping hand for monthly closing activity.

b) Supporting the team for working on monthly reversals & uploading the same to TCS.

c) Development of Tax Engine File.

• Financials

a) Support the finance team for preparation of financial data (Balance sheet, Profit & loss) monthly, quarterly, semiannually and annually.

b) Calculation of Deferred Tax Asset (DTA/DTL) working.

• Notes for Appointment of Consultants

a. Preparation of Notes such as PC Note for appointment of Income Tax & GST Consultant & getting it signed by the respective committee.

b. Preparation of Letter for appointment of Income Tax & GST Consultant.

c. Preparation of quarterly payment notes for release of payment of our consultants.