Team Member - BU Finance Direct Taxation

Purpose/Objective

Job Summary: The candidate will be responsible for ensuring accurate and timely computation of all direct tax liabilities, preparation and filing of direct tax returns, and adherence to all audit and assessment requirements.
The role involves aligning with business objectives, interacting with business units (BU) / CATO team concerning direct tax liabilities, and ensuring compliance with tax laws and regulations.

Key Responsibilities of Role

Key Responsibilities: - Align with business objectives and interact with BU for matters concerning direct tax liabilities enduring all TDS / TCS compliance for group entities.
- Ensure preparation of working for tax audit and aligning the same with BU / CATO team / Tax Auditors and filing of Form 3CA/3CB/3CD on Income Tax Portal.
- Ensure preparation of working for domestic as well as international transfer pricing audit and aligning the same with BU / CATO team / Tax Auditors and filing of Form 3CEB on Income Tax Portal.
- Preparation of Computation of Income and filing of Income Tax Returns with proper checks and controls.
- Accountability for Advance Tax Working and calculation.
- Preparation of current Tax / deferred Tax working and ETRs for the same.
- Filing of Statement of Financial Transactions Returns on Income Tax Portal - Respond to notices from tax authorities and collect data related to the requirements as sought in notices.
- End-to-end collation of data / information for regular assessment / TP assessment under the provisions of Income Tax Act, 1961.
- Application of lower tax deduction at source (L-TDS) certificates.
- Providing TDS / TCS opinions on a case-to-case basis.
- Prepare audit schedules in line with direct tax liabilities and transfer pricing, in the desired format by auditors/BUs, and ensure closure of audit queries.
- Maintain up-to-date knowledge of tax laws and regulations to ensure compliance.
- Collaborate with internal and external stakeholders to resolve tax-related issues.
- Ensure proper documentation and record-keeping for all tax-related activities.

Technical Competencies

Functional knowledge,Dealing with Tax authorities ,Knowledge of Transfer pricing,Customer Centricity

Qualifications and Experience

Qualifications and Technical Competencies: - Chartered Accountant (CA) with 4-7 years of experience, including approximately 2 years in the Direct Tax domain.
- Proficiency in SAP is preferable.
- Strong functional knowledge of domestic as well as international tax laws.
- Experience in dealing with stakeholders.
- Knowledge of transfer pricing is preferable.