Manager - Direct Tax & Indirect Tax - NBFC

Description:

About Company

Established in Mumbai more than three decades ago, the company is a prominent figure in India's financial services sector. It boasts a nationwide presence, operating in over 500 cities. The NBFC and its subsidiaries offer a wide array of products including gold loans, housing loans, microfinance, loans against property and securities, and insurance services.

Job Description:

Direct Taxation:

- Preparing the provisional Computation of Income on a quarterly basis for quarterly reporting.

- Preparing the Computation of Income and filing of Income Tax Returns.

- Preparation / Review of Tax Audit Reports and Transfer Pricing Report.

- Led the team in filing various tax related returns like Form 15G/H, Equalization levy, SFT, FATCA and CRS and Lower withholding applications.

- Interact with various departments, collate required information and preparation of submissions for scrutiny assessments and past litigation.

- Reviewing and preparing responses to various notices and inquiries received from Income Tax Department.

- Filing of application seeking permission u/s 281 of the Income Tax Act, 1961.

- Reviewing the business requirement documents for implementing new systems, processes and software or changes in the existing one.

- Assessing and advising on the TDS applicability on various payments.

- Assisting and advising on particular transactions, products and events from Tax perspective assisting in tax planning measures.

- Ensure passing necessary entries and reconciliation of statutory compliance with financial

Indirect Taxation:

- Responsible for timely GST compliance of monthly payments and return filing.

- Ensuring the reconciliation for GSTR 2A/2B with the books and taking the necessary steps to avoid any penal consequences or financial losses.

- Advising on the applicability of GST on various transactions, of income and expenses, products / services, events and assisting in tax planning measures.

- Continuously making efforts to further streamline and automate the processes and systems to ensure timely, accurately and complete extraction of data for GST compliance, data analysis and litigation management

- Ensuring compliance of state wise GST Audits and Annual Return and to collate related back documentations.

- Compiling the data, managing department officials & preparing responses to various notices inquiries, investigations and Audit received from GST department.