Chartered Accountant - Direct Tax Compliance

Krazy Bee Services; Bengaluru; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Krazy Bee Services in Bengaluru is seeking a skilled tax professional to manage direct tax compliance, reporting, and audits. The role focuses on preparing tax provisions, filing ITRs, handling TDS, and coordinating with auditors.

The ideal candidate will ensure timely regulatory filings, accuracy in tax disclosures, and drive process improvements across taxation functions within a fast-paced fintech environment. Experience with Transfer Pricing, tax audits, and stays of demand is a plus.

Responsibilities

• Prepare quarterly and annual current tax and deferred tax provisions, including related workings, reconciliations, and financial statement disclosures.
• Perform advance tax computations and ensure timely and accurate payment of advance tax in compliance with applicable tax regulations.
• Prepare and file Income Tax Returns (ITR), Tax Audit Reports, Transfer Pricing Audit Reports, and other statutory tax forms within prescribed timelines.
• Coordinate with internal/external auditors and other stakeholders regarding direct tax matters, assessments, compliance, and supporting documentation.
• Reconcile income and TDS as per Form 26AS, AIS, and TIS with the books of accounts and identify and resolve discrepancies.
• Prepare detailed tax workings, supporting documents, and submissions for scrutiny assessments, inquiries, and other proceedings initiated by tax authorities.
• Draft and submit appropriate responses to income tax notices and communications within prescribed timelines, ensuring accuracy and completeness.
• Prepare and file online/offline rectification applications, stay of demand applications, and other relevant applications before the tax authorities.
• Provide required tax-related data, workings, schedules, and supporting documents to internal, statutory, and tax auditors.
• Maintain and manage an internal tracker for tax notices, inquiries, assessments, and hearings, ensuring timely follow-ups and regular updates to the notice register.
• Prepare monthly TDS payment workings and ensure timely payment and quarterly TDS return filings in compliance with applicable regulations.
• Respond to and resolve queries raised by internal and statutory auditors relating to taxation, compliance, reconciliations, and financial reporting.
• Support tax compliance automation and process improvement initiatives, including implementation and enhancement of tax tools and systems to improve efficiency and accuracy.

Job description

• Prepare quarterly and annual current tax and deferred tax provisions, including related workings, reconciliations, and financial statement disclosures.
• Perform advance tax computations and ensure timely and accurate payment of advance tax in compliance with applicable tax regulations.
• Prepare and file Income Tax Returns (ITR), Tax Audit Reports, Transfer Pricing Audit Reports, and other statutory tax forms within prescribed timelines.
• Coordinate with internal/external auditors and other stakeholders regarding direct tax matters, assessments, compliance, and supporting documentation.
• Reconcile income and TDS as per Form 26AS, AIS, and TIS with the books of accounts and identify and resolve discrepancies.
• Prepare detailed tax workings, supporting documents, and submissions for scrutiny assessments, inquiries, and other proceedings initiated by tax authorities.
• Draft and submit appropriate responses to income tax notices and communications within prescribed timelines, ensuring accuracy and completeness.
• Prepare and file online/offline rectification applications, stay of demand applications, and other relevant applications before the tax authorities.
• Provide required tax-related data, workings, schedules, and supporting documents to internal, statutory, and tax auditors.
• Maintain and manage an internal tracker for tax notices, inquiries, assessments, and hearings, ensuring timely follow-ups and regular updates to the notice register.
• Prepare monthly TDS payment workings and ensure timely payment and quarterly TDS return filings in compliance with applicable regulations.
• Respond to and resolve queries raised by internal and statutory auditors relating to taxation, compliance, reconciliations, and financial reporting.
• Support tax compliance automation and process improvement initiatives, including implementation and enhancement of tax tools and systems to improve efficiency and accuracy.
  

Disclaimer: KreditBee shall not be responsible for any loss, damage, or claims arising from fraudulent job offers or recruitment communications made by unauthorized individuals or entities falsely representing the company. Candidates should exercise due diligence and verify the authenticity of all recruitment-related communications before taking any action.

This job description is intended to outline the general nature and key responsibilities of the position. It is not intended to be an exhaustive list of all duties, responsibilities, or qualifications associated with the role. The responsibilities and qualifications described may be subject to change, and other duties may be assigned as needed. Employment is at-will, meaning the employee or the employer may terminate the employment relationship at any time, with or without cause, and with or without notice.

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