Direct Tax

2 months ago


Navi Mumbai, India BASF India Limited Full time

**Objective of the Position**:

- Ensure that all the Income tax & ICTP (Inter Company Transfer Pricing) regulatory compliance is adhered to
- Mitigating Tax risks in the business operations
- Strive for tax optimization and tax saving opportunities

**Responsibilities**:

- Quarterly Advance tax compliances
- Withholding tax compliance (Domestic as well as foreign vendors including Dividend payments), TCS, SFT compliances including monthly payments and quarterly returns
- Annual Tax Audit compliance along with relevant annexures, co-ordinate with Auditors independently
- Annual tax returns and transfer pricing compliances of India as well as foreign entities
- Quarterly and Annual Tax provision workings including deferred tax workings, Related Party Compliances under Companies Act
- Manage corporate tax and transfer pricing assessments, appeals and other litigation projects in co-ordination with consultants
- Ensure timely group reporting of tax risks to Headquarter Tax Team
- Pro-actively work with various teams such as Business Units, Divisions, Finance, Treasury, HR
- Acumen and well versed with various tax automation/ digitization processes
- Assist in advising to units/business divisions on various technical issues
- Review legislative amendments introduced in the Union Budget and/ or through Circulars, Notification and advise various Business Units/ Senior Management on the relevant impact on the business
- Assist in briefing with counsel/ consultant on various litigation matters
- Knowledge of SAP will be an added advantage

**Requirements**:

- ** Educatio**n**: Chartered Accountant
- ** Working Experienc**e**: 3-5 years (in MNC Manufacturing & /or Big 4 audit firms with relevant corporate tax work exposure is a must)
- Technical & Professional Knowledge: Expert knowledge of Income Tax Act, Rules, DTAA


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