Description:

Position Overview:

The Manager Direct & Indirect Taxation will be responsible for managing the end-to-end tax compliance and litigation activities of the organization. This includes ensuring accurate and timely compliance under the Income Tax Act, Goods & Services Tax (GST) Act, Customs, and other applicable laws; handling scrutiny assessments, departmental audits, and personal hearings; and driving process efficiency in tax reporting and control.

The role demands a qualified Chartered Accountant (CA) with a strong understanding of tax laws, extensive experience in interacting with tax authorities, and the ability to independently manage and close complex tax matters across multiple jurisdictions.

Key Responsibilities:

1. Direct Taxation

Compliance:

- Ensure timely and accurate filing of income tax returns for the company and its associated entities.

- Supervise and review quarterly TDS/TCS returns, advance tax computations, and reconciliation of Form 26AS and GSTR data for accurate reporting.

- Coordinate with internal teams and external consultants for preparation and submission of the Tax Audit Report (Form 3CD) and Transfer Pricing Report (Form 3CEB).

- Ensure compliance with MAT/AMT, equalization levy, and other applicable tax provisions.

- Ensure compliance with TDS provisions at the transaction level by verifying correct deduction and preventing any instance of non-deduction or short deduction of tax. Additionally, monitor and ensure adherence to Form 15CA/15CB requirements for foreign remittances, wherever applicable.

Assessments & Litigation:

- Handle income tax assessments and scrutiny proceedings independently, including preparation of detailed replies, reconciliation statements, and supporting documentation.

- Attend personal hearings and represent the company before Income Tax Officers, Assessing Officers, and CIT (Appeals) where required.

- Liaise with legal and tax consultants for drafting of appeals, petitions, and responses to notices.

- Manage tax audits under section 44AB and facilitate statutory auditors during tax-related queries.

- Maintain a robust database of all notices, submissions, orders, and pending matters with clear timelines and responsibility tracking.

Advisory & Planning:

- Provide guidance on tax-efficient structuring of transactions, capital expenditures, and inter-company transactions.

- Evaluate the impact of amendments, circulars, and judicial pronouncements on the companys business and financials.

- Monitor tax provisioning and deferred tax computation as per IND-AS/accounting standards.

2. Indirect Taxation (GST)

Compliance:

- Ensure accurate and timely filing of all GST returns (GSTR-1, GSTR-3B, GSTR-9, GSTR-9C, ITC reconciliation, etc.) for all registration locations.

- Verify vendor invoices and Input Tax Credit (ITC) claims to ensure compliance with Section 16 and related rules.

- Monitor e-invoicing, e-way bills, and reverse charge mechanism (RCM) transactions for accuracy and control.

- Review tax coding and master data settings in ERP to ensure correct classification and tax treatment.

- Responsible for reviewing and filing GST refund claims and liaising with tax authorities to ensure timely processing and closure of refund cases.

Assessments & Departmental Audits:

- Handle GST departmental audits, DGGI inquiries, and scrutiny assessments.

- Prepare detailed reconciliations between GST returns and financial statements.

- Draft and submit replies to Show Cause Notices (SCNs), summons, and audit queries.

- Attend personal hearings before GST officers and ensure smooth closure of proceedings.

- Maintain regular communication with consultants and GST departments across locations for uniform compliance practices.

Advisory & Process Management:

- Review business transactions to identify potential tax exposure or opportunities for optimization.

- Provide opinions on GST applicability, classification, valuation, and place-of-supply issues.

- Stay updated with the latest amendments, notifications, and case laws impacting GST.

- Drive automation initiatives to strengthen GST data accuracy and reconciliation processes.

3. Coordination, Reporting & Governance

- Collaborate with cross-functional departments such as Procurement, Sales, and Operations to ensure tax compliance in all business activities.

- Lead internal reviews for tax accuracy and risk mitigation.

- Prepare management MIS and dashboards on tax compliance, litigations, and risk exposure.

- Ensure internal controls are in place for tax accounting and reporting.

- Represent the company during external and statutory audits from a taxation perspective.

- Manage external tax advisors, consultants, and advocates effectively.