Preparation of Indian Trail Balance and Balance Sheet Profit and Loss.
3 Convert Russian Balances to Indian Balances on daily basis and keep the track of all the adjustments & changes and keep updating the same into the system.
4 Compliance of Tax Deductible at Source for the Bank.
5 Calculate the Income Tax, Service Tax and Corporate Tax.
6 Prepare details of Income Tax, Service Tax and Corporate Tax.
7 Prepare and submit various returns:
7.1 TDS Returns
7.2 Service Tax Reports/Returns
7.3 Income Tax Return/Form 3CD/Form 3CEB with Income Tax Department.
7.4 Filing of Expats Income Tax Return
7.5 Filing of Wealth Tax Return
7.6 Obtaining the NIL TDS Certificate
7.7 Filing of Annual Return with ROC
8 Submit the RBI Reports , e.g.:
9. Implement IFRS & Reporting based on IFRS.
10. Should know how to prepare Bank’s income tax return.
11. Should be aware of all compliances related to Income Tax Act , GST, TDS and other accounts related activities,
12. Prepare MI Pack file on a monthly basis.
13. Comply with all AML rules.