Direct Tax Role - Bank

1. Quarterly and Annual Tax Computation: Conducting meticulous quarterly and annual computations of tax provisions, as well as assessing deferred tax assets and liabilities.

2. Income Tax Return and Audit: Preparation and timely filing of essential documents, including Income Tax Returns, Tax Audit Reports, and Transfer Pricing Reports.

3. Tax Authority Interaction: Representing the organization in interactions with tax authorities for assessments, reassessments, and appellate proceedings, providing necessary submissions as required.

4. Appeals Handling: Preparing and filing appeals before the CIT(A) and Tribunal, actively participating in the resolution of tax-related matters.

5. TDS/TCS Reconciliation: Ensuring accurate reconciliation and monitoring of TDS/TCS credits, maintaining compliance standards.

6. SFT Returns: Preparation and filing of annual Statements of Financial Transactions (SFT) Returns, adhering to regulatory requirements.

7. Auditor Liaison: Collaborating with Statutory Auditors for quarterly and annual closing compliances.

8. Legal Representation: Coordinating with legal counsel for matters before the Tribunal, High Court, and Supreme Court. Withholding Tax Compliance: Ensuring compliance with withholding tax regulations, including the preparation of Form 15CA and 15CB.

9. Advisory Support: Providing guidance and assistance on day-to-day tax-related issues raised by various units within the organization.

10. MIS Management: Overseeing the preparation and monitoring of Management Information System (MIS) related to pending tax matters and their status.