Direct Tax Team Member

Team Member - DT

Responsibilities

Key Responsibilities:

• Align with business objectives and interact with BU for matters concerning direct tax liabilities enduring all TDS / TCS compliance for group entities.
• Ensure preparation of working for tax audit and aligning the same with BU / CATO team / Tax Auditors and filing of Form 3CA/3CB/3CD on Income Tax Portal.
• Ensure preparation of working for domestic as well as international transfer pricing audit and aligning the same with BU / CATO team / Tax Auditors and filing of Form 3CEB on Income Tax Portal.
• Preparation of Computation of Income and filing of Income Tax Returns with proper checks and controls.
• Accountability for Advance Tax Working and calculation.
• Preparation of current Tax / deferred Tax working and ETRs for the same. 
• Filing of Statement of Financial Transactions Returns on Income Tax Portal
• Respond to notices from tax authorities and collect data related to the requirements as sought in notices.
• End-to-end collation of data / information for regular assessment / TP assessment under the provisions of Income Tax Act, 1961. 
• Application of lower tax deduction at source (L-TDS) certificates.
• Providing TDS / TCS opinions on a case-to-case basis.
• Prepare audit schedules in line with direct tax liabilities and transfer pricing, in the desired format by auditors/BUs, and ensure closure of audit queries.
• Maintain up-to-date knowledge of tax laws and regulations to ensure compliance.
• Collaborate with internal and external stakeholders to resolve tax-related issues.
• Ensure proper documentation and record-keeping for all tax-related activities.

Qualifications

Qualifications and Technical Competencies:

• Chartered Accountant (CA) with 4-7 years of experience, including approximately 2 years in the Direct Tax domain.
• Proficiency in SAP is preferable.
• Strong functional knowledge of domestic as well as international tax laws.
• Experience in dealing with stakeholders.
• Knowledge of transfer pricing is preferable.

Soft Skills:

• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Strong organizational and time management skills.