Job Description
DSP Asset Managers is one of the premier asset management companies in India. We have a wide product stable with mutual fund products available across the risk-reward spectrum. Today, lakhs of Indian investors from over a hundred cities invest in one or more of our products.
In this role, you will be responsible for Direct and Indirect Taxation
Objectives of the role are
Direct Tax
- Checking of Form 15CA
- TDS working and payment
- Reconciliation of TDS deduction with Profit & Loss
- TDS returns
- Verification & approving of lower deduction certificate received from vendors
- Checking income tax filing status of new vendor as per Section 206AB
- Reconciliation of revenue booked with 26AS
- Advance Tax Working
- Preparation of Tax Audit and solving queries of auditor
- Income tax return preparation and other compliances
- Assist in filling of 3CEJA in Income tax portal
- Replying to tax assessment notices
- Preparation of assessment details and submission
Finalization of Books Activity
- Preparing Tax related schedule - Deferred tax working, Contingent Liability, Computation of current tax liability, Effective rate schedule. Status of Assessments, Appeals and Refunds under Direct and Indirect.
Indirect Tax
- Preparing Invoice via E-Invoice portal
- Compiling data for GSTR1 & GSTR3B – monthly filling
- Computing reversal under Rule 42
- Preparation of all branch reconciliation of input tax credit with General Ledger
- Following up with vendors for mismatch with GSTR2A
- Assisting in preparation of GSTR9 and reconciling same with Financials
- Reconcile revenue shown in GSTR9 with Form 26AS
- Payment of liability as per GSTR9, if any via DRC-03
- Reconcile Input claimed till Sep of next financial year
- Accounting Entry related to payment of Tax, Input Claim, Recovery from vendor, Input Expensing
- Inter-Branch Invoicing and working
- Amendment in GST registration certificate
- LUT application for Export benefit
Other Activity
- Tax MIS Reporting to Management
- Automation of Tax related activity
- Reply to query of Internal Auditor
Skills needed for the role
- Deep understanding of Income Tax: Tax Audit, Tax Return, Tax Assessments
- Knowledge of TDS: Payment, reconciliation and return
- Working knowledge of GST: Input reconciliation, control testing
- Up-to-date with Tax laws and regulations
Prior experience needed
- Up to 5 years of relevant experience
Qualification/s
