Resource Specialist at Forret India
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Senior Manager - Taxation - ACA - Bank (1-8 yrs)
We have the opening as a Senior Manager for Taxation ( Direct / Indirect )
Please find the details.
Company name : HDFC Bank
Location : Mumbai
Job Description Template
Job Title : Tax Team Member
Department : Corporate Tax Team
Qualifications : ACA
Job Description: The responsibilities of the role include:
PRIMARY RESPOSIBILITIES
1. Computation of Tax:
- Verifying accurate details are incorporated in Computation from Final Form 3CD.
- Verifying the tax calculation to arrive at the actual tax liability.
- Verifying the notes to computation.
- Ensuring timely signature of auditors, HOD-CTT & CFO on Computation.
2. Managing Transfer Pricing Audit:
- Discussion with the auditors for the required Audit plan.
- Ensuring timely Collation of data from teams and providing it to the auditors.
- Ensuring smooth flow of audit.
- Verifying Form 3CEB, notes, MRL from auditors and suggesting changes.
- Discussion with Partner & Informing for changes in documents.
- Ensuring the required changes are incorporated in final documents.
- Ensuring timely filing of Form 3EB.
3. Certification of Disallowance in relation to Exempt Income:
- Ensuring smooth Co-ordination with teams for data to be provided to Consultant.
- Verifying the Certificate received from Consultant.
- Discussion with Partner & Informing for changes in Certificate.
- Review of final Certificate and obtaining HOD-CTT approval.
- Ensuring proper Maintenance of Filing (soft / hard) required during assessment proceedings.
4. Certification of Investment & Bad Debts:
- Ensuring smooth Co-ordination with teams for data to be provided to Consultant on the basis of Source code TB.
- Resolving of auditors queries and ensuring smooth conduct of the process.
- Ensuring proper tagging of backup documents with final Certificate.
- Discussion with Partner & Informing for changes in Certificate.
- Review of final Certificate and obtaining HOD-CTT approval.
- Ensuring proper Maintenance of Filing (soft / hard) required during assessment proceedings.
5. Tax Assessments and Appeals :
- Ensuring relevant documents are provided to Consultant for drafting appeals for Tribunal and High Court.
- Review of draft appeal and suggesting changes basis the banks view and tax laws.
- Ensuring proper Challan details are provided to Payment Operations team for making payout.
- Ensuring necessary sets are made and necessary approvals are obtained for filing of appeal before Tribunal / High Court.
- Ensuring timely filing of appeals before Tribunal / High Court.
- Attending meeting with Counsel / Consultant to discuss the strategy to be adopted.
- Attending hearing with Consultant / Counsel.
- Ensuring timely inwards are made for the meetings attended and notices received.
- Verifying the final Order passed by revenue authorities and discussion with consultants for the way forward.
6. Updating Trackers
- Updating of various trackers maintained for direct tax matters.
- Preparation of Minutes with respect to various meeting attended in relation to tax matters.
7. Document Management
- Obtaining original documents (Notice, Order, Submission / Appeal filed, etc.)
- Obtaining timely signature of HOD-CTT.
- Filing (soft / hard) maintenance.
8. Trainings
- Providing inputs for preparation of presentation.
- Attending training
9. Team Review
- Timely updating and review of scorecard.
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