Sr. Manager-Indirect & Direct Taxation Sr. Manager-Indirect & Direct Taxation with verification
Role and Responsibilities
INDIRECT TAX:
To monitor timely statutory indirect tax compliances of the company.
To complete all the pending assessment pre VAT period.
To check the correctness of VAT computation
To complete the pending litigation i.e. appeals, cases, rectification etc.
Completion of development of sales tax software and start using the software live.
Manage the team efficiently and ensure to increase their productivity.
To monitor timely statutory indirect tax compliances of the company.
To complete the statutory audit and to fulfill the audit requirement. To prepare audit schedules.
To monitor regular issue of WCT TDS certificate and to keep records of statutory forms requirement, receipt of forms and issue of the same in time.
To complete Sales Tax registration process for new stores.
To analyze business logistics of SSL and suggest ways to minimize the tax burden.
Monitoring of Input Credit.
DIRECT TAX:
Tax planning for Individuals and Corporates.
Tax Provision & Deferred Tax working along with ETR Reconciliation and getting vetted from Statutory Auditors.
Advance Tax Working and making advance tax payment on Quarterly basis.
Preparing the grounds of appeal for the appeals to be filed with CIT(A) & ITAT.
Monthly preparation of TDS Summaries along with payment of TDS on Salary and other than salary.
Coordinating and training unit personnel for accuracy in TDS accounting and deduction
Preparing Tax Audit Annexures along uploading the Form 3CD through e-filing portal.
Filing tax returns of group companies and aiding them in assessment
Obtaining lower deduction tax certificates wherever relevant on time there by curbing cash outflow.
Timely attending direct tax litigations there by avoiding unnecessary delay and penalties
Exercising correct rationale for payment of advance tax on due dates
Co-ordination with unit accountants for ensuring correcting of TDS accounting and correct tax deduction. Cordination with Income tax personnel for tax proceedings and orders, tax consultants for various opinions and queries and with Internal & Statutory auditors.
Preparation of Form 15CA & 15CB - Foregin Remittance related to services
Preparation of Assessment and Block Assessment details
Legal Fundamentals