Rajmangal Singh

• Bank reconciliation with Bank Accounts.
• Return:- GSTR-1 Upload GST Portal
• Input tax credit Reconciliation- Match Monthly GSTR-2B with Purchase report.
• Return:- GSTR-3B Working sheet prepare from tally and go through Consultant-CA for ITC claim or GST Liability.
• TDS:- Contractor 194C @1% deduction of individual/HUF,@ 2% of others
• TDS:- Professional 194J @ 10% deduction for professional fees.
• TDS:-194I Rent @10% of land & building or @ 2% on plant & machinery.
• TDS:-194H commission & brokerage @ 5%
• TDS:-194Q Purchase of goods @ 0.1% after 50 lakh single party goods purchase.
• TCS:- 206C(H) 0.1% from the buyer when the amount of sale consideration received for ANY goods sold (excluding exports) exceeds INR 50 lakhs.
• Maintaining Vouchers Purchase, Sales,Contra, Payment, Receipt, Credit Note, Debit Note and Journal entries etc.
• Maintain & updated vendor & Customer Data
• Verified and processed employee expense reports.
• Handling day to day accounting work and Maintaining Cash Book Ledger.

Trainee Basic Label:-

• Taxation, Compliances
• Need to perform Accounting task and share monthly/Quarterly MIS reports to clients/Management
• TDS/TCS Payment and Return Filling
• GST Payments and Return Filing
• Income tax return filling for individuals, Companies.
• Conduct the Tax Audit, GST Audit, Statutory Audit.
• Conduct data analytics and give insights to the management.
• Compute taxes by applying prescribed rates, laws, and regulations
• Analyze periodically financial Statement for Individual and corporate clients.