Taxation Head

Taxation Head

Location -Corporate Office Mumbai

Reporting to CFO

Key responsibilities :

Direct Taxation

• Calculation of advance tax based on various projections and adjustments.
• Involvement in the statutory provision of tax and audit thereof.
• Driving the conclusion of tax audits.
• Preparing and filing the Return of Income well before the statutory deadline.
• Advising internal departments/groups on tax-related queries, including payroll and payment teams.
• Advising on tax implications for various transactions entered into by the company.
• Collating details from various internal groups for purposes such as yearly tax provision, estimating advance tax installments, and preparing the return of income and assessments.
• Preparing assessment details, calculations, and submissions.
• Appearing before income tax and service tax authorities for assessments, rectifications, orders giving effect, and refunds.
• Preparing rectification applications under Section 154 of the Income Tax Act 1961.
• Preparing replies to penalty notices under Section 271 of the Income Tax Act 1961.
• Preparing letters and workings for orders giving effect to appellate orders.
• Preparing appeals to be filed before CIT(A) against assessment orders if claims are not allowed.
• Preparing submissions in response to various notices issued by Income Tax Authorities.
• Keeping track of the movement of tax-related accounts.
• Group reporting to the regional office based in Hong Kong on a quarterly basis.
• Ensuring tax-related compliance and litigation.
• Handling transfer pricing assessments, litigation, and documentation.
• Providing transfer pricing advisory services to business and functions.

Indirect Taxation

• Ensuring smooth compliance under GST for all group companies.
• Ensuring that all input tax credit under GST is availed and utilized.
• Ensuring smooth conclusion of all outstanding litigation.

Finance

• Understanding Indian Accounting Standards.
• Concluding tax-related matters in statutory accounts.
• Proactively supporting and advising the Head of Finance on various tax-related matters, including the latest updates impacting the business.