Shoppers Stop - Manager - Indirect & Direct Taxation

Role and Responsibilities:

INDIRECT TAX:

- To monitor timely statutory indirect tax compliances of the company.

- To complete all the pending assessment pre VAT period.

- To check the correctness of VAT computation

- To complete the pending litigation i.e. appeals, cases, rectification etc.

- Completion of development of sales tax software and start using the software live.

- Manage the team efficiently and ensure to increase their productivity.

- To monitor timely statutory indirect tax compliances of the company.

- To complete the statutory audit and to fulfill the audit requirement. To prepare audit schedules.

- To monitor regular issue of WCT TDS certificate and to keep records of statutory forms requirement, receipt of forms and issue of the same in time.

- To complete Sales Tax registration process for new stores.

- To analyze business logistics of SSL and suggest ways to minimize the tax burden.

- Monitoring of Input Credit.

DIRECT TAX:

- Tax planning for Individuals and Corporates.

- Tax Provision & Deferred Tax working along with ETR Reconciliation and getting vetted from Statutory Auditors.

- Advance Tax Working and making advance tax payment on Quarterly basis.

- Preparing the grounds of appeal for the appeals to be filed with CIT(A) & ITAT.

- Monthly preparation of TDS Summaries along with payment of TDS on Salary and other than salary.

- Coordinating and training unit personnel for accuracy in TDS accounting and deduction

- Preparing Tax Audit Annexures along uploading the Form 3CD through e-filing portal.

- Filing tax returns of group companies and aiding them in assessment

- Obtaining lower deduction tax certificates wherever relevant on time there by curbing cash outflow.

- Timely attending direct tax litigations there by avoiding unnecessary delay and penalties

- Exercising correct rationale for payment of advance tax on due dates

- Co-ordination with unit accountants for ensuring correcting of TDS accounting and correct tax deduction.

- Cordination with Income tax personnel for tax proceedings and orders, tax consultants for various opinions and queries and with Internal & Statutory auditors.

- Preparation of Form 15CA & 15CB - Foregin Remittance related to services

- Preparation of Assessment and Block Assessment details