What are the key responsibilities of a Direct Tax professional?

Key Responsibilities of a Direct Tax Professional

A Direct Tax professional is responsible for various tasks related to taxation. Some key responsibilities of a Direct Tax professional include:

• Preparing and filing tax returns accurately and timely.
• Ensuring compliance with tax laws and regulations.
• Providing tax planning and advisory services to clients.
• Conducting research on tax issues and developments.
• Assessing tax implications of business transactions.
• Representing clients in tax audits and disputes with tax authorities.
• Keeping abreast of changes in tax laws and regulations.

Direct Tax professionals play a crucial role in helping individuals and businesses navigate the complex landscape of taxation, ensuring compliance and minimizing tax liabilities.