Thorough understanding of Transfer pricing as a concept and TP law in India. Should be in a position to identify areas for discussion with Seniors / clients.
Handling assessments and appeals relating to Transfer Pricing officer / DRP and drafting of submissions
Independently carrying out detailed search on the databases (Prowess Capitoline etc.).
Maintain data controls of research papers and conduct hygiene checks on regular intervals. Prepare service summary.
Preparing Accept/ Reject matrix by reviewing the business descriptions from the databases websites etc and preparing the draft comparable.
Preparation of Form 3CEBs and Transfer Pricing Documentation Reports. Independent handling of Tax Audit of MNCs u/s 44Ab of the Act.
Calculation of margins of the comparable companies selected by the TPO during assessment. Preparing multiple comparable sets based on various quantitative filters such as RPT turnover employee costs etc.
Understanding client requirement from Client/Principals and gearing up to deliver by way of the following: Analyzing available information & prepare checklist to acquire necessary data/documents from client
Undertaking comprehensive reviews of business operations to identify tax planning opportunities as well as compliance gaps. Administer all direct tax processes and compliance including corporate tax transfer pricing financials related certifications fringe benefit tax withholding tax etc.
Researching & scrutinizing all aspects of the assignment with the team to ideate and provide optimal solutions while involving Articles in data research for working on the base report of the assignment.
Preparing submissions and replies to be filed with the tax office (both tax and transfer pricing)
Supporting Principals & Partners by drafting memos/ opinions and reports getting them reviewed and presenting the final report with the client for closure. Building client relationships and confidence by demonstrating thorough understanding of the clients requirements and business.
Demonstrating professionalism by working within legal and regulatory guidelines while remaining independent and objective at all times.
Drafting Appeals for review by Partner/principal & attend hearing. Planning & Coordinating with clients for obtaining necessary documents. Attending hearings/ submission of appeal and proactively updating the client on a regular basis with regards to assignment development.
Reviewing Notice/Orders and responding to them by way of the following: Analyzing available information & preparing checklist to acquire necessary data/documents from client. Researching & scrutinizing all aspects of the assignment with the team to ideate and provide optimal solutions.
direct tax,data research,analytical skills,documentation,legal research,client relationship management,compliance,transfer pricing,transfer pricing analysis,tax,tax compliance,tax audit