Descon Engineering Limited Jobs Lead Tax Compliance

January 14, 2022 admin

Descon Engineering Limited Jobs Lead Tax Compliance:

Title: Lead Tax Compliance
Company: Descon Engineering Limited
Job Scope: Lead and assist on Tax related matters. Liaison with relevant authorities for all Tax related matters.
Education: MBA -Finance/ACCA/CA, (LLB preferred)
Experience: Tax related 4-5 years

Job Description:

Preparation and submission of monthly Federal & Provincial sales tax returns
Preparation of reconciliations related to monthly sales tax return and withholding statements with financials.
Responsible to Comply day-by-day sales tax withholding rules under sales tax special procedure rules, 2007 and income tax withholding under various sections of Income tax ordinance 2001.
Preparation of details and summaries to comply with the notice of income tax audit of income tax ordinance 2001 and sales tax audit of various regulators.
Preparation of details and summaries to comply with notices of income tax withholding audits u/s 161/205. of income tax ordinance 2001
Liaison and discussions with FBR authorities from time to time on routine matters.
Review payments and submissions of monthly/quarterly/annual withholding statements u/s 165 and 149 of Income Tax Ordinance, 2001
Collection, compilation, and submitting of data to the e- portal for application for issuance of exemption certificates under various sections
Computation of advance tax liability u/s 147 of Income Tax Ordinance 2001.
Preparation of income tax withholding certificates under rule 44 of income tax ordinance 2001 for suppliers and service providers
Collect relevant information & documents for the computation of taxable income and tax liability for preparation and submission of Company annual income tax return.
Compilation of information to comply with notices issued under various sections of Sales Tax Act 1990 & Income Tax Ordinance, 2001
Assisting the department head in preparation and presentation of details, reports & summaries required to comply with the notice of amended assessment u/s 122(5) & 122(5A) of the Income Tax Ordinance, 2001.
Give opinion to other departments regarding the applicability of legal provisions and rules.
Coordinate outsourced tax preparation work.
Coordination with internal auditors on tax audits
Visit Govt. department (Large Tax Unit/Corporate Tax Office) for different day-to-day issues.