Deputy Manager - Taxation

HDB Financial Services Ltd.; Mumbai; On-site; INR 600,000 - 1,200,000; Full time

Job summary

A financial services firm in Mumbai is seeking a Tax Professional to handle Corporate Income-tax and GST compliance, advisory, and litigation. The ideal candidate will independently manage tax filings, prepare computations, and provide guidance on regulatory updates. Responsibilities include responding to notices from tax authorities and conducting training sessions. Strong experience in tax compliance and litigation is required, along with advisory expertise.

Qualifications

• Experience in Corporate Income-tax and GST compliance, advisory, and litigation.
• Ability to handle tax-related queries and provide training.
• Proficient in filing tax returns and managing tax audits.

Responsibilities

• Manage filing of income-tax and withholding tax returns.
• Preparation of quarterly tax computations.
• Advise on TDS and TCS implications on transactions.
• Respond to notices from tax authorities and handle litigation matters.
• Calculate monthly GST payments and file relevant returns.

Skills

Corporate Income-tax Compliance

GST Compliance

Tax Litigation

Advisory Services

Training and Development

Job description

Tax Professional – Corporate Income Tax & GST

Tax Professional with experience in Corporate Income-tax & GST - Compliance, Advisory and Litigation.

Income- tax Responsibilities

• Compliance: Independently manage assignments relating to filing of income-tax returns, withholding tax returns and tax audit.
• Quarterly preparation of tax computation for advance tax payment and tax provisioning perspective.
• Preparation and filing of income-tax forms for annual statement of financial transactions (Form 61A), foreign remittance certificates (Form 15CA, 15CB) and issuance of Form 26A to the customers.
• Advisory: Advising on withholding of taxes for payments made in India and outside India; examining implications of TDS and TCS on purchase and sale of goods or services; providing guidance and advisory to the business team on tax provisions and amendments; understanding and providing clarification on income-tax queries/issues of other teams within the organization; conducting sessions and providing training to other teams (accounts/business) on income-tax matters relating to documentation aspects, returns and audit perspective; advising business team on latest updates in income-tax and its impact on the business.
• Litigation: Preparation and submitting responses to various notices and communications received from tax authorities; independently handled faceless assessments and appeals before Commissioner of Income-tax (Appeals); assisting in proceedings before Hon’ble High Court and Income-tax Appellate Tribunal (including Counsel briefing); representing before tax authorities for obtaining tax refunds, lower deduction certificates and No Objection Certificates; preparation of rectification application, stay application, reply to penalty notices and application for creation of charge; assistance in obtaining tax refunds, lower deduction certificates and no objection certificates.

GST Responsibilities

• Compliance: Computation of monthly GST payment and timely filing of GSTR-1 & GSTR-3B returns; reconciliation of input tax credit as per books of accounts with GSTR-2A; preparation and filing of annual return (GSTR-9) and annual reconciliation statement (GSTR-9C); filing state-wise applications for amendments in registration certificates (addition, deletion, modification of branches).
• Advisory: Understanding and providing clarification on GST queries/issues of other teams; conducting sessions and providing training to other teams on GST matters relating to documentation aspects, returns and audit perspective, input tax credit - eligibility, matching concept and claim; advising business team on latest updates in GST and its impact on business.
• Litigation: Preparation and submitting responses to various notices and communications received from GST departments across India; experience in replying show cause notices under indirect tax laws; liaising with state-wise GST authorities for assessment proceedings.