Posted By
Posted in
Banking & Finance
Job Code
1643383
Description: Our Client, a Leading real estate Group is looking out urgently for an expert Taxation professional from the Real Estate industry (mandatory) to be based at Lucknow.
We are looking at a Taxation specialist for the role who has a very good understanding of the Taxation (Direct & Indirect Taxes) and Tax Compliance in the real estate industry.
Should have managed Tax Compliance liasoining with the Tax and Regulatory authorities.
Position Overview: The Lead - Direct & Indirect Taxes will be responsible for managing all tax-related activities, ensuring compliance with statutory requirements, and optimizing tax efficiency across the organization. The role involves overseeing both Direct Taxes (Income Tax, TDS, etc.) and Indirect Taxes (GST, Stamp Duty, etc.), particularly with respect to real estate transactions, project developments, and leasing operations.
Key Responsibilities:
Direct Taxation:
- Handle tax assessments, appeals, and representations before income tax authorities.
- Manage transfer pricing documentation (if applicable).
- Review financial statements from a tax perspective to ensure accurate reporting.
- Assist in tax planning and structuring of transactions to achieve tax efficiency.
- Liaise with tax consultants, auditors, and government authorities for tax-related matters.
Indirect Taxation (GST & Others):
- Oversee compliance with GST laws, including registration, returns filing, input credit reconciliation, and payment of taxes.
- Review contracts and invoices to ensure correct GST applicability and classification.
- Handle GST audits, departmental queries, and assessments.
- Advise business teams on GST implications for property sales, leasing, and construction contracts.
- Ensure compliance with stamp duty, property tax, and other state-level levies relevant to the
real estate sector.
- Provide tax advisory support for new projects, joint ventures, mergers, or acquisitions.
- Evaluate and implement changes in tax laws impacting the real estate industry.
- Maintain and update internal SOPs for tax processes.
- Conduct regular training and awareness sessions for finance and project teams on tax compliance.
- Coordinate with statutory and internal auditors for tax-related audits.
- Ensure accurate tax provisioning and reconciliation in financial statements.
- Maintain robust documentation and records for all tax filings and correspondence.
Qualification: Chartered Accountant (CA) / MBA (Finance) / LLB (preferred).
Experience: 1218 years of relevant experience in taxation, with at least 35 years in the real estate sector.
Technical Skills:
- Hands-on experience with tax audits, assessments, and reconciliations.
- Strong proficiency in Excel, Tally/ERP, and tax filing portals.
Behavioral Skills:
- Strong analytical and problem-solving skills.
- Excellent communication and coordination abilities.
- High level of integrity, confidentiality, and attention to detail.
- 100% on-time tax filings and payments.
- Zero major non-compliance or penalties.
- Successful completion of tax audits with minimal observations.
- Effective tax planning resulting in cost optimization.
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Posted By
Posted in
Banking & Finance
Job Code
1643383