Asst/Deputy Manager Direct Tax & Compliance- Mumbai

Job Description:

Direct Tax Compliance and Advisory:

1. Income-tax Compliance:

o Ensure timely and accurate filing of income tax returns for the company, subsidiaries, and related entities.

o Oversee the preparation and filing of various forms under the Income- tax Act (e.g., Form 3CEB, Form 56, etc.).

o Ensure adherence to tax payments, including quarterly advance tax payments, and compliance with tax audit requirements.

o Monitor and update the organization on changes in tax laws and regulations under the Income-tax Act, 1961.

o Assist with the management of tax assessments, notices, and tax disputes, including handling correspondence with tax authorities.

2. Transfer Pricing Compliance:

o Ensure the proper implementation of transfer pricing provisions, including the preparation and filing of transfer pricing documentation.

o Coordinate with external consultants for transfer pricing studies and documentation, as required.

o Handle any transfer pricing audits or investigations by tax authorities.

3. Tax Planning and Optimization:

o Advise management on tax-efficient structures for operations, financing, and investments.

o Develop strategies for minimizing tax liabilities through deductions, exemptions, and tax incentives available under the Income-tax Act.

o Manage tax compliance for international operations, ensuring adherence to both local and global tax requirements.

4. Tax Audit and Reporting:

o Oversee the preparation of tax audit reports and provide accurate inputs for the financial statements in line with tax audit requirements.

o Ensure timely resolution of any discrepancies or issues raised during the tax audit process.

o Coordinate with external auditors for the tax audit process and handle all relevant documentation.