Job Description for MGR- Taxation
Job location: Mumbai
Key purpose of the job: To ensure smooth co-ordination with all business verticals, tax consultants, tax authorities with the objective of tax optimization and regulatory compliance within stipulated time duration.
Key Accountabilities
- Assisted in timely compliance of filing income-tax returns.
- Assisted in finalizing assessment proceedings of the company.
- Assisted in providing opinion on withholding tax and requirement of relevant Documents
Strategic
- Assistance in ensuring compliance with regard to filing of Income-tax Return which includes activities such as collating data from accounts team, secretarial team, finance team, thoroughly going through the financials, filling the ITR forms, co-ordinating with tax auditors, preparing draft computation of income, discussing the computation of income with seniors, filing of income-tax return on income-tax website.
- Assistance in completion of assessment proceedings of all group companies which
- includes activities such as collating data as per Income-tax notice from accounts team (both Site and HO), analyzing the data and making necessary changes, discussing the
- critical data with seniors, drafting submission, co- ordinating with tax consultants,
- attending the scrutiny hearing, if required along with tax consultants
- Operational
- Statutory Compliance of TDS returns, GST Filing, IT returns
- Monitoring of all Corporate Accounts.
- Preparation of Quarterly financial results.
- Ensure maintenance of books of accounts as per rules, regulation and standards.
- Closing accounts within time.
- Completion of tax audit within statutory timeline.
- Implementation of SAP and International Financial Reporting Standards.
- Assistance in filing appeal before Commissioner of Income-tax (Appeals) or Income-tax Appellate.
- Tribunal against various orders received from I passed by income-tax department which includes activities such as thoroughly reading the assessme