Sr Executive Direct Taxation

Job Description

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--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