Chief Manager - Taxation - CA + LLB - Manufacturing

Job Description:

Purpose of the role:

To oversee the smooth payment and return filing of direct/indirect taxes for NSE and other group companies, oversee the audit activity and the tax assessment activity for NSE and group companies and ensure that the queries from Income tax department are properly replied to.

Key Responsibilities:

Payment of direct/ indirect taxes :

- Verify and approve the final report prepared by AM for payment of TDS.

- Collect data for value of securities transactions from the clearing department and to check if Security Transaction Tax (STT) collected and paid nearly coincides as per the percentages provided under the Act.

- Verify the Security Transaction Tax note initiated from membership department against the STT calculated from clearing data and send for authorization to HOD.

- Collate the P&L information of each Company to calculate the Advance Income Tax payable; & to verify a note containing the amount of Income Tax to be paid by each Company on a quarterly basis.

Tax returns filing and certificate issuance for TDS /service tax/STT:

- Validate the TDS/ ST returns calculated by AM and initiate the return note for SVP authorization.

- Validate that the total of values in form 16A matches the total tax liability.

- Prepare the STT returns based on the data provided by Clearing department about value of securities transactions member-client wise and send to IT Department for return filing after MD's signature.

Tax and VAT Audits:

- Prepare the income computation report based on the audit reports and send to consultants/ auditors for validation.

- Handle specific / critical queries from the auditors if any.

- Input the validated data in the return sheets to be filed with the Tax department.

Tax assessments and litigations:

- Validates the data filled in the scrutiny questionnaire sent by various sections and send to tax consultants for tax assessments.

- Attend the hearing with the tax consultant wherever required..

- Approve the fees to be paid to tax authorities if appeal filed.

- File the appeal and the fees if the case is further taken to high court or Supreme Court.

Miscellaneous Activities:

- Validate the Statement on Oath prepared by AM to be sent to the IT department.

- Re-validate the information provided in the scheme information doc (SID) of new securities to ensure applicability of Security Transaction Tax (STT) for them after it is validated by AM.

Key Skills : Educational Qualifications : CA + LLB

Role Requirements: Knowledge of tax related laws and accounting standards

Industry : Manufacturing (mandatory)

Age : Max 45 years

Candidate must have excellent communication skills

Job Location: Mumbai

Required Experience: 11 - 17 year(s)

Salary Range: INR 1200000 - 1500000

Salary Unit: per annum

contact no-7275500404