Yash Jain

Job profile: Corporate & international taxation and transfer pricing matters

• Ensuring the timely completion of Quarterly/ Annual periodic corporate Income tax, withholding tax and other compliances
• Ensuring the timely completion of Transfer pricing compliances (for international and specified domestic transactions)
• Prepared tax computations and deduction calculations (e.g., Section 80JJAA additional employee costs, Section 10AA SEZ deductions); analyzed claim positions and developed advance backup documentation to mitigate litigation risks surrounding to these deductions;
• POC for undertaking statutory audit closure and supporting audit procedure from taxation perspective (providing relevant disclosures, tax reconciliation for financial statement reporting, deferred tax working, etc.);
• Coordinating with the tax auditor for providing the details with explanation to obtain audit clearance without any adverse qualification;
• Managing tax assessment, responding to various income tax (corporate tax/ transfer pricing) notices and filing of appeal before tax authorities specially before CIT(A);
• Analyzing on the withholding tax applicability on foreign remittances, collating the necessary documents and review and filing of Form 15CA and Form 15CB for foreign payments;
• Handling the tax related queries from internal teams, review of the vendor agreements, analysis of permanent establishment (PE) risk and providing comments from tax point of view;
• Regular monitoring of Tax impact on company due to amendments and changes in the law and regulations;
• Supporting in Bilateral advance pricing agreement (BAPA) from filing of application to signing of BAPA and filing of the post BAPA tax compliances;
• Analyzing the beneficial tax regime for company and providing leadership team with details for making appropriate decision;
• Co-ordination with different stakeholders and support in relation to tax compliances for merger of a group entity with the company and support in relation to payment of dividend to parent company;
• Setting up standard operating procedures/ processes for all tax compliances;
• Preparing and posting the tax related accounting entries. Preparation of the deferred tax workings and tax provision workings to ensure that adequate tax expense is recorded in the books of accounts.

Job profile: Expatriate taxation

• Assisting client with arrival and departure consultations with mobile employees/expatriates and briefing them on relevant tax implications, regulatory requirements and different assignment policies;
• Preparation of hypothetical withholding tax and tax equalization calculations;
• Foreign tax credits computation and analysis of DTAA articles;
• Preparation of India tax returns;
• Analysis of overseas tax returns, domestic tax laws to ensure the correct positions are taken whilst preparing the India tax returns;
• Time to time updating the clients in recent development in direct tax laws;
• To attend and represent clients for Scrutiny assessments at AO level;
• Advisory services on company's design on compensation structure, salary components, Labour codes Impact analysis and Tax positions that can be explored in various situations.

Direct Tax:

• Litigation assignments - Submissions for various clients in assessment procedures, before AO
• Compliance assignments - Income tax returns of individuals, companies and firms | TDS returns & related compliances| Form 15CA-CB | Tax audit| Section 35 (2AB) Report preparation

Audit: Statutory Audits and internal audit for various clients including manufacturing, banking and insurance companies.

ROC: ROC Annual Filings, preparation of board resolution, minutes, secretarial compliances.