Senior Associate - Direct Tax - NBFC - CA

About Company:

The Employer, a leading Indian NBFC, serves under-served households and businesses with diverse credit needs. With a proprietary tech system and risk management, it offers a varied product suite across sectors. It has raised over INR 1 trillion, covering 657 districts in 28 states and 7 UTs.

Job Description:

- Review/ verification of withholding tax computation prepared by Operations team for Category II funds

- Ensuring timely remittance of TDS of Category II funds within due date by taking necessary approvals

- Gather required information from Operations team and ensure timely filing of Annual FATCA and CRS returns for Category II and Category III Funds within due date

- 100% verification of KYC documents of all non- residents (TRC, Form PE and others) at the time of on-boarding and every year and taking up with operations team in the case of discrepancy and ensure that same is obtained and kept.

- Obtain relevant information from Investment team and furnish to tax team at Chennai for responding to Income Tax notices of funds within timelines

- Preparation of data for filing of quarterly TDS returns for residents in form 26Q and non- residents in Form 27Q within due date and undertake revision of TDS returns wherever required after obtaining requisite information

- Review/ verification of the following (for Cat III investors) relating to Advance tax computation and Statement of income furnished to investors on a quarterly basis on a test check basis.

- Preparation of data on income distributed/ deemed distribution in connection with Form 64D filings and ensure filing of the necessary information in Income Tax Portal for Category II funds within due date.

- Form 64C (Statement to investors on income distributed/ deemed distributed) and providing to Operations Team.

- Clarification to Operations team in respect of tax related queries of investors of funds and should be one point contact between tax consultants, Investment operations team to address critical tax related queries of investors and ensure clarifications are obtained and provided to Operations/ Investor, Relationship Team.

- Preparation of Income Tax returns of Funds and ensure filing of IT returns within due date.