ROLE & RESPONSIBILITIES

1) Tax Audit and filing of Income tax returns for Thermax Group -

a) Ensure circulation of authorities under Thermax -Tax Audit Platform( T-TAP) for Tax audit. Review Tax Audit Plan and the details received from Various stake holders under T-TAP . b) Co-ordinate with Tax auditors for audit and provide necessary assistance. c) Guide the finance team in Preparation of Tax Audit Statements and ensure proper data. d) Review the details provided for Tax audit by teams. Ensure timely completion of Tax Audit. e) Resolve the queries of tax auditors and ensure timely filing of form 3CA and 3CD. f) Compute taxable Income and file Income tax return before due date. g) Ensure the filing of Income tax Returns of welfare Trust before due date.

2) Transfer Pricing Audit for TG and International Tax compliance-

a) Identify the associated enterprises and related parties for International Transfer Pricing. b) Obtain data of all the transactions with associated enterprises. c) Prepare all the documents for audit and ensure submission of details for TP audit d) Ensure timely completion of Transfer pricing Audit and file 3CEB before due date. e) Obtain TP Study Report and back up data. f) Submission of data for Master File and ensure submission of master file before due date g) Ensure submission of CbCR before due date.

3) Tax Provisions, Income Tax notes and slides for Board Report -

a) Preparation of ABP Provision for tax. b) Preparation and Review of Quarterly provisions for Income tax and deferred tax , Audit , Accounting etc. c) Preparation of Board report slides for Income tax and deferred tax . d) Preparation of legal compliance certificates. e) Prepare Notes for balance sheet and provide all assistance for the same. f) Prepare Income tax cases and note for contingent liability. g) Prepare Current and non-current break up of Net Tax paid in advance .

4) Advance tax and Accounting - a) Prepare Advance Tax Computations.



Review of Computations for Subsidiaries

b) Ensure timely payment of advance tax for TG. c) Attend departmental queries on advance tax and AO meetings. f) Ensure proper accounting of taxes based on Assessments / Appeals / ITAT orders.

5) TDS / TCS Return , Payments , TDS accounting - a) Guide and monitor the filing of TDS and TCS returns for TG. b) Ensure to preserve the Back up files for quarterly TDS Statements . c) Guide TFS, Accounts payable team , Import team for TDS applicability, rate , coverage etc. d) Monitor TDS and TCS Receivable balances and guide TFS and ensure proper clearing and transfer of same to adv tax account.

e) Ensure correct deduction of TDS On dividend

f) Monitor all the foreign payments and ensure WHT compliance for Thermax and Group companies.

6) Assessments, appeals and other Income tax compliance - a) Monitor notices, Prepare timely replies for Income tax assessment/reassessments. b) Preparation and Filing of appeals with CIT(a)/ITAT /HC. c) Prepare submissions for appeals , notices, enquiry, survey etc. d) Follow up with Income tax department for refunds, assessments , appeal effect etc. e) Ensure completion of Income tax assessment of Thermax and group companies

f) Attend the notices related to Dometic and Foreign TDS matters.

7) Other Direct Tax Compliance - a) Represent the organization on tax matters before various Tax and legislative authorities. b) Assist in Income Tax assessment hearings, appeals, audit objections, surveys etc. c) Preparation of ruling requests, refund claims,



protests and appeal effects relating to tax matters. d) Ensure filing of income tax returns , make provision for taxes , Payment of Advance tax and tax dues; Resolve all issues related to domestic and international tax laws. e) Prepare notes for recent tax regulations and seek exemptions/benefits wherever applicable. f) Co-ordinate for timely completion of tax audits, R&D; Expense audits, transfer pricing audit and studies and other audits as per tax laws.

g) Ensure entire Direct Tax compliance of Subsidiaries of Thermax Ltd.

h) Ensure filing of income tax return and other compliance of Trusts

i) Guide the internal Team, Intra company departments for Income tax, International Tax and Employee taxation related matters .

8) Maintenance of Income tax Record - a) Maintain all the record of Tax Audit, Income tax returns, Assessment, appeals and other departmental communication . b) Preserve the details of disallowances and appeal submissions till the issue reaches to it finality. Preserve advance tax challans. c) Maintain back up of soft files .

JOB SPECIFICATIONS

- Desirable Qualification : Chartered Accountant interim / Semi qualified Tax person
- Experience : 8- 10 years post qualification Experience in Taxation
- Products to be handled : Experience in Direct Tax and International Tax , Department liaisioning , Scrutiny assessment, appeals etc.

CRITICAL COMPETENCIES OF THE JOB

- Core Income Tax and International Tax Knowledge, Must have Experience of working in Tax department of Pvt Ltd or Ltd company
- Organizational Sensitivity, Communicating to Influence
- Ethics, Governance and Control, Execution Excellence, Decision making and problem solving

EXPERIENCE/ EXPOSURE

- Core Experience in Direct Tax 8-10 Years or more.
- Preferred experience in Tax from Manufacturing, Engineering, Auto/Auto companies having turnover >500 cr

📌 Direct Taxation - Manager (Pune)
🏢 Thermax
📍 Pune