Location: Vile Parle

Experience: 0 to 2 Years

Qualification: CA

1. JOB RESPONSIBILITIES / JOB PROFILE : We are looking for someone to work in Direct Taxation profile, an articulate, fast learner with valuable research and interpretation skills. The profile offers a excellent combination of advisory and compliance work.

It also gives a great prospect to someone who is looking to advance his/her career in International Taxation. The CA will be working under a Senior CA/ Partner, and adequate training will be given in DTAA and FEMA laws.

[95% Individual Tax and 5% Corporate Tax work]

A) PRIMARY

Advisory

1. Advising NRI clients on Domestic Tax, DTAA, FEMA & Legal matters
2. Handling complex queries from Banks & NRI Clients Tax, DTAA, FEMA & related compliances

3. Residential Status and allied Tax Planning for NRI/RNOR clients
4. Advising NRI clients on purchase /sale of immovable property in India including TDS provisions, reinvestment benefits, legal processes, etc.
5. Estate Planning through WILL/ formation of Trusts

6. Returning Indian and Recent Immigrations Tax and FEMA advisory
7. Structuring in set up of entities in India/Dubai/Singapore/other countries considering Income tax laws, international tax laws, FEMA, and other applicable statutes
8. Assist GPK Dubai Office with queries on Tax & FEMA, if any

9. Advising on borrowing and lending in India and outside India, giving and receiving Gifts in India as per Income Tax Act and FEMA
10. Advisory on Foreign Investments like Investment under FDI, Investment through Proprietorship Concern.

Compliances:

1.



Preparing and supervising Income Tax Returns (including AL and FA schedules)
2. Tax Liability and Advance Tax computations prepared by juniors of HNI and other NRI/RNOR/ROR clients

3. Filing Form 67 for Foreign Tax Credits
4. Filing Form 10F (with TRC) for DTAA benefits
5. Attending various Notices, Scrutiny Assessment, Reassessment cases including DRP, CIT appeals (as needed)

6. Repatriation / Remittances (Form 15CA/CB)
7. LRS requests from Banks/ NRI Clients
8. Tax Exemption Certificate (TEC) / Lower Deduction certificate (Sec. 197) applications
9. Cases of Income Tax Refund reissue, demand adjustment, failure etc and ensuring resolution

10. Attending to PAN/Aadhaar card issues of NRI clients
11. Filing Updated Income Tax Returns
12. Application of Condonation of Delay and submitting Basis of Filing Tax Return as needed for HNI clients

13. Filing RBI applications as per FEMA provisions and Compounding applications in the case of non-compliances under FEMA

US Tax related work (if applicable, training to be given depending on interest area/

job profile):

1. Compiling Indian Income / Assets of US taxpayers
2. Preparation of Statement of Highest Balances for reporting in FATCA (Form 8938)



and FBAR (FinCEN Form 114)
3. Foreign Tax Credit applicability - Calculation of Effective Tax rate to identify actual taxes paid in India and advisory to avoid double taxation
4. Advisory on Gifts, Estate & Inheritance: - Implications in India and US and Tax Rates in US
5. Advisory on US Residential Status to optimize tax implications/compliances
6. Planning to reorganize/restructure US LLC and Consultancy Income received by Indian Resident therein basis tax rules in India
7. Pre-Immigration Tax Planning – to residents/worldwide clients who are looking to move to the US.

B) SECONDARY
1. Leading a team and guiding/mentoring article clerks
2. Presentations to Banks for NRI services

3. Business Development
4. Co-ordination and communication with Lawyers/Associates for assisting clients in legal/regulatory matters
5. Preparing Standards on Tax, DTAA and FEMA

6. Development of content

- NRI Tax Services Website
- Booklets/FAQs for Banks

1. LEARNINGS/KNOWLEDGE UPDATION

• Seminars on Tax & FEMA
- Any Certification Courses
- Reading Books: IT Act, Master Guide to IT Act, IT Rules, Commentary for typical cases, ITRs and ITDs for some cases, Companies Act, 1956 for some assignment.
- Journals: ICAIs monthly Journal for members.
- Browsing Any Work Related Websites: Institute’s Official site, Income tax site, Taxmann.com , FEMAONLINE.com

1. REPORTING STRUCTURE (DAILY, WEEKLY OR MONTHLY BASIS):

• Reporting to Kirit sir on weekly basis
- Reporting to immediate Senior on daily basis

📌 Assistant Manager (CA) - Direct Tax (Mumbai)
🏢 G. P. Kapadia u0026
📍 Mumbai