Only Qualified CA with 10 + yrs
- Direct Tax Compliance Management
- Quarterly Advance Tax – Total Advance Tax determined and paid in FY 23-24 is - Aiding in preparation of Tax workings under scenario modelling and obtaining clearances for Quarterly Advance Tax pay-out.
- Dividend Tax Compliance – Determination of appropriate tax withholding for over 26+ Lakh shareholders. Dividend and Tax determination of for FY 23-24.
- Filing of Form 15CA, Form 15CB for Non Resident payments and Form 15G & 15H furnished by Resident Shareholders
- Annual Specified Financial Transaction (AIR / SFT) for Company as a whole towards Cash Receipts > Rs. 2 lakhs, Share or Debenture Issues, Dividend Distribution.
- Implementation of Finance Act / Budget Amendments as relevant to Direct Tax changes
- Advising on withholding tax rates for Resident payments
- Tax Audit Management
- Preparation of Formats for Tax Audit Schedules
- Review of TAS sent by Unit Finance and coordination for revision of TAS
- Providing clarifications on queries raised by Tax Audit Team followed by Tax Auditor in coordination with Unit Finance teams
- Consolidation of Depreciation Schedules / 43B of Units for Company as a whole and obtaining clearance of Tax Auditor
- Preparation / consolidation of Schedules for TDS Disallowances / Allowances based on Unit data
- Finalisation of Other Clauses in Tax Audit Report by providing relevant inputs / details
- Preparation & Filing of Corporate Income Tax Return. determined for FY 22-23.
- Preparation of various Schedules & workings viz. Provision Movements for Bad Debts, EPCG, Impairment, Borrowing Cost as per ICDS IX, Foreign Exchange GLs analysis & preparation of claim summary, Capital Gains summary, UD & MAT credit table etc
- Preparation of Tax Computation including Business Income, Memo of Total Income and MAT computation
- Preparation of Management Note for Computation of Total Income and obtaining clearance for filing
- Preparation of Corporate Tax Return schedules and Assisting in review and filing
- Provision for Tax Expense computation – Tax Expense reported for FY 23-24
- Computation of estimated Tax expense on the budgeted profits for MPB, Periodical Forecasts & CP
- Computation of Monthly / Quarterly and Annual Tax Charge for Current and Deferred Taxes including Unit Co-ordination, Lease estimation, R&D estimation, FA and Depreciation estimation etc
- Preparation of Movement Schedule for Provision for Tax GL and Advance Tax GL
- Preparation of Uncertain Tax Position workings including Litigation Movement & maintaining Case Issue Probability Analysis, Cash Flow ARP, Tax Demands ARP and Refund position and obtaining clearance from Statutory Auditors
- Preparation of MAT Credit Utilisation and Justification in various scenarios
- Preparation of Year End Tax Disclosures for publishing as part of Annual Report
- Preparation of relevant Tax Workings for aiding decision making on transition to new tax regime
- Direct Tax Litigation Management: Scrutiny Assessments
- Responding to Scrutiny Notices issued by Tax Department, addressing the queries suitably
- Providing counter objections to Reassessment initiated upon analysing fact patterns
- Providing suitable clarifications and judgements to protect the claim made or defend against any proposed disallowance by tax department
- First Appellate Tribunal - CIT(A)
- Filing of Appeals against scrutiny assessments & Intimations processed u/s 143(1) by CPC
- Preparation of submissions and justification against each ground of appeal
- Providing necessary clarifications, as sought by the CIT(A)
- Application for Order Giving Effect for orders passed by CIT(A)
- Rectification petition filing and proceedings against various orders issued
- Liaising with Tax Counsel on the above matters and incorporating inputs into submissions etc.
- Support to Group Entities viz. ALDS, GAML, Switch India, Ohm India & Ashley Alteams on various tax compliances including Advance Tax, Quarterly / Year End Provision for Tax, AIR / SFT compliance, Tax Audit Return of Income filing.
