AM-Taxation

V Mart; Gurugram District; On-site; INR 600,000 - 900,000; Full time

Job summary

V Mart seeks a Taxation professional to manage day-to-day Direct Taxation and TDS compliances, including filing, reconciliation, and notice responses. The role also covers GST cooperation and data analysis across internal teams and consultants.

Responsibilities include TDS returns, book vs. return reconciliation, notices, and tax computations with cross-functional coordination.

Qualifications

• Strong knowledge of TDS/TCS provisions and Income-tax Act.
• Experience in TDS return preparation and filing.
• Reconciliation between Books and TDS Returns and 26AS/AIS/TIS.
• Knowledge of GST and indirect taxation basics.
• Proficient MS Excel: Pivot, XLOOKUP, VLOOKUP, SUMIFS.
• Analytical mindset with good communication and coordination.

Responsibilities

• Ensure timely preparation and filing of quarterly TDS/TCS returns.
• Review TDS applicability on rent, professional fees, contractors, commissions, interest, and expenses.
• Reconcile TDS deducted in books with TDS returns; coordinate corrections.
• Assist in issuing and reconciling Form 16/16A and other TDS certificates.
• Monitor Income Tax notices; prepare data and responses with consultants.
• Support GST data analysis and indirect tax reconciliations.
• Coordinate with Accounts, Payroll, Procurement and other departments.

Skills

TDS/TCS provisions

Income tax Act

TDS return filing

Books vs. TDS reconciliation

Form 26AS/AIS/TIS reconciliation

GST knowledge

Excel proficiency

Data analysis

Inter-department coordination

Tools

GST software

ERP systems

Job description

Job purpose:

To support and independently manage day-to-day Direct Taxation and TDS compliances, including timely filing of TDS returns, reconciliation of books with statutory returns, preparation and response to Income Tax notices, tax data analysis, and coordination with internal teams and consultants. The role will also require a working understanding of GST and other indirect tax matters to support the overall Taxation function.

Primary responsibilities:

1. TDS Compliance & Return Filing

• Ensure timely preparation and filing of quarterly TDS/TCS returns within statutory due dates.
• Review TDS applicability and rates on various payments such as rent, professional fees, contractor payments, commission, interest and other business expenses.
• Reconcile TDS deducted in books with TDS returns before filing.
• Coordinate for correction/revised TDS returns wherever required.
• Support issuance and reconciliation of Form 16/16A and other TDS certificates.

2. Books vs. Return Reconciliation

• Perform regular reconciliation between books of accounts and TDS returns.
• Identify differences in TDS deduction, vendor PAN, amount, section, rate and challan details.
• Reconcile TDS/TCS balances with Form 26AS/AIS/TIS, wherever applicable.
• Coordinate with Accounts, Payroll, Procurement and other departments for resolution of reconciliation differences.
• Maintain proper reconciliation workings and supporting documents for audit and assessment purposes.

3. Income Tax Notices & Assessments

• Monitor and maintain records of Income Tax notices, communications and proceedings.
• Prepare data, reconciliations and supporting documents required for responding to Income Tax notices.
• Coordinate with tax consultants and internal stakeholders for preparation and submission of replies.
• Assist in matters relating to TDS defaults, demands, assessments and other Income Tax proceedings.
• Track notice-wise status, due dates, submissions and closure of outstanding matters.
• Maintain a proper Income Tax Notice & Litigation Tracker.

4. Direct Tax Compliance & Taxation Support

• Assist in preparation of advance tax, self-assessment tax and tax computation workings.
• Support preparation of tax audit and income-tax-related schedules and information.
• Assist in computation and reconciliation of current tax and other direct tax-related balances.
• Support statutory, internal and tax audits by providing required information and documents.
• Keep track of amendments and notifications under the Income-tax Act, Rules and applicable TDS provisions.

5. GST / Indirect Tax Knowledge

• Possess working knowledge of GST provisions, GST returns and basic ITC concepts.
• Understand the interaction between GST and direct tax/TDS transactions wherever applicable.
• Assist the Taxation Team in reconciliation and analysis of GST-related data when required.
• Coordinate with the GST team for common tax data, vendor details and reconciliation requirements.
• Develop working knowledge of GST notices, compliance requirements and relevant provisions.

Required Skills:

• Good knowledge of TDS/TCS provisions and Income-tax Act.
• Practical experience in TDS return preparation and filing.
• Strong reconciliation skills Books vs. TDS Returns vs. 26AS/AIS/TIS.
• Experience in handling/preparing data for Income Tax notices and assessments.
• Working knowledge of GST and indirect taxation.
• Good knowledge of MS Excel, including Pivot Tables, XLOOKUP/VLOOKUP, SUMIFS and reconciliation techniques.
• Good analytical and problem-solving skills.
• Ability to coordinate with internal departments and external consultants