Tax and Audit Assistant

Tax and Audit Assistant (Paid Staff)
Reports to: Partner/Senior Manager. Work is executed independently and submitted for partner review.

Finalization of Accounts

• Ledger scrutiny, suspense clearance, year-end and rectification entries
• Bank, debtor and creditor reconciliations, with balance confirmations
• Depreciation under the Companies Act and the Income Tax Act, fixed asset register upkeep
• Provisions, prepaid, accruals, closing stock valuation and cut-off testing
• Balance Sheet, Profit and Loss Account, Cash Flow and Notes in Schedule III format under applicable AS or Ind AS
• Non-corporate finalization, including partner capital accounts and Section 40(b) working

Tax Audit and Form 3CB-3CD

• Applicability under Section 44AB: turnover computation, the 5 per cent cash test, interaction with Sections 44AD and 44ADA
• Correct form selection: 3CA-3CD where accounts are audited under another law, 3CB-3CD where the tax audit is the only audit
• Clause-wise preparation of Form 3CD with backing annexures, in particular Clauses 21, 26, 27, 31, 34 and 44
• Reconciliation of books turnover with GSTR-1, 3B, 9 and 9C, Form 26AS, AIS and TIS, with a documented difference statement
• Section 40A(2)(b) related party reporting, loan and deposit reporting
• UDIN generation, portal upload, follow-up till assessee acceptance
• Income computation and filing of the corresponding ITR
• Awareness of the shift to Form 26 under Section 63 of the Income-tax Act 2025

Audit and Compliance

• Statutory, internal, bank and stock audits: vouching, verification, physical verification, control testing, working papers under the Standards on Auditing
• Draft audit observations and qualifications for review
• TDS returns and correction statements, Forms 16 and 16A, GST returns with ITC reconciliation, advance tax working
• Assist in replies to notices under Sections 133(6), 142(1) and 143(2)
• Client coordination for data collection and query resolution

Qualification

• CA Inter with completed articleship, or B.Com/M.Com with 3 or more years in a practising CA firm
• Tally Prime, advanced Excel, income tax e-filing portal, TRACES, GST portal
• Working knowledge of the Income Tax Act 1961, the Income-tax Act 2025, GST law and Schedule III
• Accuracy, confidentiality, and delivery within statutory deadlines

Salary is negotiable depending on experience.

Pay: From ₹30,000.00 per month

Experience:

• Tax and Audit: 2 years (Required)

Work Location: In person