Direct Tax Executive

Role & responsibilities

Assisting in managing routine direct tax compliances, assessments, litigation & audits

Tax Compliance: - To support in managing various Direct Tax Compliances of subsidiaries of Tata Motors so as ensure timely compliance.

• Support in operational issues of Tax Audit, including collating relevant information, assisting in preparation of Tax Audit Report schedules, coordinating with auditors. Also tracking the status of completion of tax audit report Support in preparing & filing Income Tax returns
• Preparing workings for TDS payments, TDS challans, TDS Returns and download of TDS Certificates
• Support in Domestic TDS compliance reconciliation for Tax Audit under Clause 34(a).
• Reconciliation of Form 26AS with TDS accounted in books of accounts.
• Advisory Assist in technical evaluation & providing advisory to internal stakeholders on direct tax compliance (). Regularly assisting business teams in identifying correct TDS rate on transaction by providing technical advisories
• Refunds & rectifications Assist in Reviewing Tax computations & records for past years, identify cases for pending rectification / refunds and pursue for closure to generate cash inflow for Group/address pending outstanding balances in Tax GLs.
• Assessments / Appeals Assist in in analysing information requests, collating relevant information including downloading reports from SAP, coordinating with relevant internal stakeholders and drafting submissions/responses
• • Assisting in other tax compliances such as filing SFT forms, compliance reports, Form 61 etc.
• • Preparing MIS of various activities being undertaken within direct tax function and submit to management in specified formats.

Preferred candidate profile

Graduate with minimum work ex of 3-5 years (preferably in Direct Taxation)/ Post Graduate/CA Inter (No longer perusing CA)