The Direct Tax Executive is responsible for managing direct tax compliance, tax planning, tax assessments, and ensuring adherence to applicable income tax laws and regulations. The role involves preparing tax returns, supporting audits, and coordinating with internal and external stakeholders on taxation matters.
-
Prepare and file Income Tax Returns (ITR) accurately and within stipulated timelines.
-
Ensure compliance with direct tax laws, including Income Tax Act and related regulations.
-
Calculate advance tax, self-assessment tax, and tax provisions.
-
Prepare tax computation, deferred tax workings, and tax-related reports.
-
Assist in tax audits and statutory audits.
-
Handle notices, assessments, and queries from tax authorities.
-
Maintain tax records, documentation, and supporting schedules.
-
Review Tax Deducted at Source (TDS) compliance and reconciliations.
-
Coordinate with consultants, auditors, and government authorities.
-
Support tax planning initiatives to optimize tax positions.
-
Monitor changes in tax laws and assess their impact on the organization.
-
Prepare management reports related to direct tax matters.