Experience Banking and financial services with financial service experience preferred
Having complete experience in all facets of direct taxes such as – tax returns – tax audit – transfer pricing audit – assessments – appeals filing and hearings Providing tax advice to all units in organization.
Having complete clarity on banking tax procedural issues TDS expense and deposits , TDS deducted on Income, Form 60, 15G, 15CA CB etc.
Transfer pricing between subsidiaries and other Tax units.
Should have good understating of direct tax issues for the Banking & Financial Service (BFS) sector
Technically strong with solid knowledge and experience in taxation and regulations
Should have sound drafting knowledge to draft the reply of Income Tax notices/E-assessment/E-Appeal independently with minimum guidance.
Description
Manage Direct Tax compliance, reporting and filing Return requirements, Assessments
Co-coordinating with different teams, and group entities for the data requirement for the Direct Tax notices, collation and submission of reply.
Establish appropriate system or processes for tax risk management for the Group
Act as the key point of contact and support for local and regional taxation matters
Liaise with tax authorities and provide tax support for the Group
Manage external tax authorities and consultants
Review current and deferred tax provision
Provide internal tax advisory services and support on business operation matters to the Group.
Advise business on business arrangements regarding relevant tax/regulatory implications and structuring opportunities
Regular review of activities and annual compliance thereafter to ensure that appropriate and available tax benefits are availed by the company
Ensuring timely and appropriate tax compliance – advance tax, withholding tax, filing of annual returns,
Doing analysis and preparing submissions for income tax assessments, TDS assessments, appeals and show-cause notices
ISDA / International agreements review / withholding tax on international transactions
Handling Tax litigation at all levels like CIT(A), Tribunal, High Court, Supreme Court