Direct Tax Analyst

1 week ago


Delhi, India BlockTXM Inc Full time
Senior Income Tax Executive is responsible for coordinating with clients & processing income tax related work.Duties and responsibilities:Follow activity checklist for Income Tax thoroughly.Review checklist of statutory compliance under Direct Tax & ensure that compliance of the same are submitted on time.To keep update of various case laws, statutory changes.To review & assist in timely finalization of income tax payments & returns.To ensure no delay in submission of above returns.To assist and guide in obtaining approval & registration under various tax regulatory.To assist and guide preparation of timely and proper details of Income Tax Audit.To ensure minimum statutory audits queries & irregularities pointed by internal audit.Assisting & guiding in calculation of tax payable such as TDS, Advance Tax, Profession Tax, Income Tax and other similar Taxes.Assisting & reviewing in preparation of various details for assessment under income tax laws and attend hearing.Coordinate with clients to collect information related to income tax and also reply to their queries.Use all appropriate adjustments, deduction and credits to keep clients’ taxes to minimum.Prepare or assist in preparing simple to complex tax returns for individuals or small business.Before finalization of return entire data should be confirmed with the client on mail.Before filing of return send a computation of total income to client & take approval for the same & maintain the records on email and client files.Furnish taxpayers with sufficient information and advice to ensure correct tax form completion.Verify accuracy of records.To update MIS/ERP on daily basis.Email daily work sheet to reporting manager.Update professional knowledge on regular basis.Maintain inward/outward for all documents exchange with clients on daily basis.To assist Managers.Allocate work to Junior Income Tax executiveReview Junior Income Tax executive on daily/weekly basisTo handle team & responsible for teams’ performance.Handover scrutiny/notice work to departmental assistant.Communicating with Supervisors, Peers or Subordinates.Adherence to all company related policies.Any other task assigned by the management.


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