Assessment and filing of Income Tax Returns for Group companies.
To visit other locations/branches to oversee and resolve / co-ordinate tax related matters.
To co-ordinate with Auditors/Branches for timely compilation of tax related data.
To make representations before various tax authorities for tax assessments and litigation's
To ensure preparation of Tax Audit report as per statutory requirement and to the satisfaction of tax auditors.
To work with superiors in defining the tax strategy so as to control the indirect tax liability of the Company to increase profits after tax (including IT, FBT, ST, Excise and VAT etc.).
To ensure adequate and effective process controls for payment of tax and timely filing of returns and documents with the Revenue/Tax Department.
To ensure Income Tax Returns, Income Tax Assessment and to see that TDS payments are made on time and PF/ESIC of contractors for CAPEX are paid regularly at respective locations.
To be responsible to identify and implement best practices, optimizing the corporation's tax structure by adhering to all statutory compliance's.
To be responsible for tax research, planning and compliance with all applicable domestic state, local and foreign tax laws and regulations.
To review and monitor changes in domestic and foreign tax legislation, rulings, regulations and litigation.
To develop tax efficient domestic and international structures for taxation while achieving administrative efficiency and operational flexibility.
To evaluate and indicate tax implication related to structuring mergers and acquisition deals.
To ensure and develop a system which shall help avoidance of penalties through ensuring strict compliance.
To negotiate with Tax Consultant/Advocates and budget the amounts required for legal/taxation matters and then finalize the same with the management.
To make various representations for Taxation and other legal matters, to various Government authorities.
To proactively provide inputs on tax matters to the superior and location in-charge so that tax compliance is in order and no tax demand is raised by the appropriate authority at a later stage.
To assist in the development of computerized/ERP based taxation system so that business reports are generated with minimum time.
To provide tax support in relation to new initiatives, timely compliance, etc., review and vet agreements/documents for potential tax implications and issues.