Head - Direct Taxation - Manufacturing Industry

Head - Direct Taxation with Manufacturing Industry (14-20 yrs)

Key responsibilities:

Advance Tax and Tax Provision workings, Preparation of Computation of Income and filing of Income Tax Return, Income Tax Assessments & Appeals:

- Compilation and calculations for Advance Tax, Deferred Tax & Tax Provision workings

- Taxation of Subsidies/Incentives from State/Central Government

- Preparing Computation of Income and Income tax returns

- Preparation and coordination with tax auditors for Form 3CD and its annexures

- Compiling information for income tax scrutiny assessments/ CIT appeals, prepare/review submission and appearing before the income tax authorities and briefing Senior Counsels.

- Filing appeals before Commissioner of Income Tax and ITAT.

- Tracking the litigations at High Court, ITAT and CIT(A).

- Responding to notices u/s 148A/148

- Preparing replies for Revision Assessment.

- Advising about TDS applicability.

- Ensuring TDS compliance within the due dates.

- Maintaining reconciliation of tax records vis, a vis accounting records, reconciling 26AS.

- Prepare tax calculations for order giving effect to CIT(A), ITAT etc.

- Ensuring correct tax deductions from employees salary

- Regulations for Search, Survey etc.

- Other compliances like filing Statement of Financial Transactions, Catering to various Sec. 133(6)

Transfer Pricing Audit:

- Analyzing intercompany transactions and ensuring that the transactions are at Arm s Length

- Filing Form 3CEB and assisting in finalization of T.P. Audit Study Report

- Appearing for transfer pricing assessments before authorities and preparing submissions for transfer pricing assessments

Qualification:

- Chartered Accountant (1st attempt preferred)

Experience:

- 12 - 16 years in Manufacturing Industry, FMCG, FOOD, BEVERAGE, CHEMICAL, PAINTS, DAIRY, PHARMA, BUILDING MATERIALS, ETC.