Senior Manager - Taxation - ACA - Bank

We have the opening as a Senior Manager for Taxation ( Direct / Indirect )

Please find the details.

Company name : HDFC Bank

Location : Mumbai

Job Description Template

Job Title : Tax Team Member

Department : Corporate Tax Team

Qualifications : ACA

Job Description: The responsibilities of the role include:

PRIMARY RESPOSIBILITIES

1. Computation of Tax:

- Verifying accurate details are incorporated in Computation from Final Form 3CD.

- Verifying the tax calculation to arrive at the actual tax liability.

- Verifying the notes to computation.

- Ensuring timely signature of auditors, HOD-CTT & CFO on Computation.

2. Managing Transfer Pricing Audit:

- Discussion with the auditors for the required Audit plan.

- Ensuring timely Collation of data from teams and providing it to the auditors.

- Ensuring smooth flow of audit.

- Verifying Form 3CEB, notes, MRL from auditors and suggesting changes.

- Discussion with Partner & Informing for changes in documents.

- Ensuring the required changes are incorporated in final documents.

- Ensuring timely filing of Form 3EB.

3. Certification of Disallowance in relation to Exempt Income:

- Ensuring smooth Co-ordination with teams for data to be provided to Consultant.

- Verifying the Certificate received from Consultant.

- Discussion with Partner & Informing for changes in Certificate.

- Review of final Certificate and obtaining HOD-CTT approval.

- Ensuring proper Maintenance of Filing (soft / hard) required during assessment proceedings.

4. Certification of Investment & Bad Debts:

- Ensuring smooth Co-ordination with teams for data to be provided to Consultant on the basis of Source code TB.

- Resolving of auditors queries and ensuring smooth conduct of the process.

- Ensuring proper tagging of backup documents with final Certificate.

- Discussion with Partner & Informing for changes in Certificate.

- Review of final Certificate and obtaining HOD-CTT approval.

- Ensuring proper Maintenance of Filing (soft / hard) required during assessment proceedings.

5. Tax Assessments and Appeals :

- Ensuring relevant documents are provided to Consultant for drafting appeals for Tribunal and High Court.

- Review of draft appeal and suggesting changes basis the banks view and tax laws.

- Ensuring proper Challan details are provided to Payment Operations team for making payout.

- Ensuring necessary sets are made and necessary approvals are obtained for filing of appeal before Tribunal / High Court.

- Ensuring timely filing of appeals before Tribunal / High Court.

- Attending meeting with Counsel / Consultant to discuss the strategy to be adopted.

- Attending hearing with Consultant / Counsel.

- Ensuring timely inwards are made for the meetings attended and notices received.

- Verifying the final Order passed by revenue authorities and discussion with consultants for the way forward.

6. Updating Trackers

- Updating of various trackers maintained for direct tax matters.

- Preparation of Minutes with respect to various meeting attended in relation to tax matters.

7. Document Management

- Obtaining original documents (Notice, Order, Submission / Appeal filed, etc.)

- Obtaining timely signature of HOD-CTT.

- Filing (soft / hard) maintenance.

8. Trainings

- Providing inputs for preparation of presentation.

- Attending training

9. Team Review

- Timely updating and review of scorecard.