Assistant Manager/Joint Manager - Direct Taxation - Gurugram

Job Purpose:

To manage all aspects of Direct Taxation including corporate tax, international taxation, transfer pricing, and Ind AS-related compliance, ensuring timely and accurate tax filings, audit readiness, and adherence to statutory requirements. The role also involves coordination with auditors, tax authorities, and internal stakeholders to mitigate tax risks and ensure efficient tax management for the organization.

Key Responsibilities

A. Direct Taxation & Compliance

• Prepare and compute advance tax and final tax liability as per the Income Tax Act.
• File Income Tax Returns, Tax Audit Reports, and statutory forms (Form 3CEB, Form 29B, etc.) within prescribed timelines.
• Manage TDS/withholding tax compliance for both domestic and foreign payments in line with Sections 115A, 195, and relevant DTAA provisions.
• Handle Form 15CA/CB filing and validation for foreign remittances.
• Ensure timely reconciliation of tax ledgers (GLs) with returns filed.

B. Assessments & Litigation Management

• Represent the company before the Income Tax Department and handle assessment cases under Sections 143(3), 147, 153A/C, CIT (Appeals), and Revisions u/s 264.
• Prepare, coordinate, and submit replies to notices received from tax authorities.
• Follow up with tax authorities for refunds, rectifications, and other pending matters.
• Support management with updates on ongoing assessments, litigation status, and potential exposure.

C. Transfer Pricing

• Prepare Transfer Pricing documentation (Local File, Master File) as per Section 92D read with Rule 10D/10DA.
• Assist in the computation of Arm’s Length Pricing and compliance with Form 3CEB.
• Liaise with consultants for Transfer Pricing audits and related queries.

D. Ind AS and Deferred Tax

• Prepare and reconcile Deferred Tax computations and Effective Tax Rate (ETR) workings in line with Ind AS 12.
• Support statutory auditors with tax disclosures and notes in financial statements.
• Maintain tax accounting accuracy for quarterly and annual reporting.

E. International Taxation

• Calculate foreign tax credit under Rule 128 of the Income Tax Rules.
• Ensure compliance with DTAA provisions for cross-border transactions and remittances.
• Manage queries related to foreign payments, withholding tax, and certificate requirements.

F. Reporting & MIS

• Prepare and present Tax MIS reports to management highlighting:
• Ongoing assessments and litigation status
• Refund tracking
• Tax law amendments and business impact
• Provide analytical inputs to management for strategic tax planning and risk mitigation

Preferred Candidate :-

• Qualified - Chartered Accountant (CA)
• 2–3 years of post-qualification experience in Direct Taxation within a corporate or consulting environment.
• Experience in income tax assessments, transfer pricing documentation, and Ind AS compliance preferred.