Direct Taxation Corporate Tax / Tax Compliance & Litigation
Role Overview
Responsible for managing and overseeing the organizations end-to-end Direct Tax function, including corporate tax compliance, TDS, income-tax assessments, tax audit, international tax matters, litigation and regulatory reporting. The role involves close coordination with internal stakeholders, tax consultants, statutory auditors and tax authorities to ensure timely compliance, effective tax risk management and appropriate resolution of tax matters.
Key Roles & Responsibilities
1. Corporate Taxation & Tax Compliance
- Manage the organization’s end-to-end corporate income-tax compliance and ensure adherence to applicable provisions of the Income-tax Act, Rules, notifications and circulars.
- Review and oversee preparation and filing of the Income Tax Return (ITR) within prescribed timelines.
- Undertake advance tax computation and quarterly liability assessment, considering current-year profitability,
tax positions and applicable adjustments.
- Monitor tax positions and identify potential areas of tax exposure, compliance risk and opportunities for tax optimization.
- Coordinate with internal Finance/Accounts teams for tax data, reconciliations and supporting documentation.
2. TDS Compliance & Withholding Tax
- Manage the monthly computation of TDS liabilities across applicable categories of payments.
- Review applicability of withholding tax provisions under the Income-tax Act and ensure appropriate deduction of tax at source.
- Oversee timely filing of quarterly TDS returns, including validation and reconciliation of TDS data.
- Monitor TDS-related notices, defaults, interest and other compliance matters and coordinate their resolution.
- Ensure appropriate tax withholding on domestic as well as applicable cross-border transactions.
3. Tax Audit & Regulatory Reporting
- Coordinate and ove