Direct Taxation Role - CA

Industry: NBFC

Location: Gurgaon

Experience: 7-12 years

Qualification: Chartered Accountant (CA mandatory)

About the Role:

We are hiring for the role of Direct Taxation in a leading NBFC. The role involves end-to-end responsibility for Direct Tax matters, including compliance, audits, assessments, litigation management, and business advisory. The position requires strong technical knowledge of the Income Tax Act, ability to handle complex tax assessments, and advisory skills to support business decisions.

Key Responsibilities:

Direct Tax Compliance

- Ensure timely and accurate filing of Income Tax returns and TDS returns.

- Manage compliance for Form 15CA/15CB and SFT (Form 61A, 61B).

- Reconcile tax data with financial statements and ensure accuracy of filings.

- Incorporate updates from amendments in tax laws into compliance processes.

Tax Accounting

- Perform monthly direct tax reconciliations.

- Evaluate and account for Deferred Tax Assets / Liabilities and MAT credits.

- Ensure timely provisioning of tax liabilities.

Tax Audits & Assessments

- Prepare and manage all schedules for tax audits under the Income Tax Act.

- Liaise with auditors and tax authorities during assessments.

- Maintain robust documentation for audits and assessments.

Tax Litigation

- Draft and respond to notices from tax authorities within timelines.

- Coordinate with external counsels and attend hearings at various appellate levels (CIT(A), ITAT, High Court, Supreme Court where required).

- Track judicial updates and evaluate their impact on ongoing cases.

- Maintain and update litigation tracker and tax reserve provisions.

Business Support & Tax Planning

- Advise business teams on structuring tax-efficient deals and agreements.

- Evaluate the impact of direct tax law changes on business operations.

- Mitigate potential tax exposures and risks through proactive advisory.