Role & responsibilities The Tax Manager will be responsible for managing all direct and indirect tax matters for the Asset Management Company (AMC), Wealth Management business, Portfolio Management Services (PMS), Alternative Investment Funds (AIFs), Distribution entities, and related group companies. The role will ensure regulatory compliance, tax efficiency, governance, litigation management, and tax support for investment products and client transactions.

1. Direct Tax Compliance

Corporate Taxation

- Preparation and review of annual income tax computations.
- Filing of corporate income tax returns.
- Quarterly tax provisioning and deferred tax review.
- Advance tax calculations and payments.
- MAT/AMT computation and utilization review.
- Tax accounting and disclosures under Ind AS.

TDS Compliance

- Review of TDS applicability across business transactions.
- Monitoring deduction and timely deposit of TDS.
- Quarterly TDS return filing.
- Form 16 and Form 16A issuance.
- TDS reconciliations with books and Form 26AS/TRACES.
- Management of TDS assessments and notices.

2. Asset Management & Fund Taxation Mutual Fund / AMC Tax Support

- Tax review of AMC operations.
- Monitoring taxation framework applicable to mutual fund business.
- Review of product tax implications.
- Support launch of current investment products. AIF Taxation
- Tax compliance of Category I, II and III AIFs.
- Investor allocation review.
- Pass-through taxation compliance.
- Distribution taxation.
- Investor tax reporting.
- Coordination with fund administrators and trustees.

AIF Taxation

- Tax compliance of Category I, II and III AIFs.
- Investor allocation review.
- Pass-through taxation compliance.
- Distribution taxation.
- Investor tax reporting.
- Coordination with fund administrators and trustees.

PMS Taxation

- Capital gains computation methodology oversight.
- Tax treatment review of PMS transactions.




- Investor tax reporting support.
- Tax reporting for discretionary and non-discretionary mandates.

Wealth Management Business

- Tax advisory support for HNI and UHNI investment structures.
- Review of tax implications of investment strategies.
- Support relationship managers on tax queries.
- Tax support for structured products and alternate investments.

3. International Taxation

- Review of cross-border investments.
- Withholding tax analysis on overseas payments.
- Tax residency and treaty benefit evaluation.
- Foreign Tax Credit (FTC) compliance.
- FEMA-related tax support.
- CRS and FATCA reporting coordination.
- BEPS and OECD developments monitoring where relevant.

4. GST Compliance

GST Operations

- Monthly GST return review and filing.
- GSTR-1, GSTR-3B and annual return compliance.
- Input Tax Credit reconciliation.
- Vendor GST compliance monitoring.
- Reverse charge mechanism compliance.
- GST accounting review.

GST Assessments

- GST audits.
- Departmental notices.
- Assessments and adjudications.
- GST litigation management.

5. Tax Litigation & Assessments

- Handling tax notices and assessments.
- Reviewing responses to tax authorities.
- Representation before departments along with consultants.
- Managing appeals and litigation.
- Monitoring contingent tax exposures.
- Maintaining litigation tracker and closure plans.

6. Tax Advisory & Business Partnering

- Advising business teams on tax implications of transactions.
- Reviewing client-facing investment structures.
- Advising on business expansion initiatives.
- Transaction tax support for acquisitions and strategic investments.
- Tax due diligence coordination.

7. Financial Reporting & Audit Support

- Current and deferred tax calculations.
- Tax provisioning under Ind AS.
- Statutory audit support.
- Internal audit support.
- Tax disclosures in financial statements.
- Board and Audit Committee reporting.

📌 AVP - Taxation (Mumbai)
🏢 Forward
📍 Mumbai