AM / DM - Taxation

Role & responsibilities

We are seeking a qualified Chartered Accountant to join our Direct Tax Team. The role requires strong practical knowledge of Income-tax compliance, ITR filings, tax audits, TDS compliances, litigation processes, and exposure to M&A tax advisory. The candidate must have hands-on experience with Oracle NetSuite and should be capable of independently managing compliance processes and tax-related deliverables.

Key Responsibilities

Income Tax Compliance

• Prepare and file Income Tax Returns (ITRs) for companies and other entities end-to-end, including computation of taxable income, preparation of schedules, and filing through the portal.
• Ensure accuracy, completeness, and compliance with statutory requirements in all ITR filings.
• Track due dates, follow up on notices, and ensure timely filings to avoid penalties and interest.
• Maintain working papers, reconciliations, and documentation to support ITR filings.

Tax Audit

• Manage the complete tax audit process including preparation, review, and filing of Form 3CD.
• Have practical knowledge of Clauses 34 & 44 of Form 3CD and ensure accurate reporting of financial and tax information.
• Liaise with auditors, internal teams, and external consultants to collate data and resolve queries.
• Ensure compliance with the Income-tax Act and adherence to relevant reporting standards.
• Maintain detailed records to support audit findings and submissions.

TDS Compliance

• Prepare monthly TDS workings for all entities across different sections of the Income-tax Act.
• Ensure knowledge of various TDS provisions, including when TDS is applicable and exemptions.
• File quarterly TDS returns accurately and on time.
• Reconcile TDS balances with Form 26AS and ledgers; ensure timely issuance of TDS certificates.
• Apply for lower TDS certificates with tax authorities where applicable and ensure compliance with prescribed procedures.

Litigation and Assessments

• Draft and file responses to Income-tax notices (scrutiny, reassessment, penalty and appeal-related notices).
• Support the team in preparing submissions for CIT(A), ITAT, and higher forums.
• Coordinate with external counsels, consultants, and internal stakeholders during litigation.
• Maintain detailed records of assessments and litigation cases.

M&A Tax Advisory

• Assist in tax due diligence, deal structuring, and transaction advisory for mergers, acquisitions, and reorganizations.
• Analyze tax implications of transactions and prepare reports to support business decisions. Support post-deal integration from a tax compliance perspective.
• InvIT Compliance (added advantage)
• Ensure compliance with direct tax regulations applicable to Infrastructure Investment Trusts (InvITs).
• Assist in tax structuring and reporting specific to InvIT-related activities.

Assessment & Coordination

• Handle day-to-day queries from management and business teams relating to direct tax matters.
• Liaise with the Income-tax Department during assessments, surveys, and inquiries.

Systems and Reporting

• Leverage Oracle NetSuite for extracting data, reconciliations, and generating compliance reports.
• Develop and maintain working papers, reconciliations, and documentation for audits and internal review.

Research & Updates

• Monitor amendments in Income-tax laws, circulars, notifications, and judicial precedents.
• Evaluate impact on the business and advise management on potential risks and opportunities.

Preferred candidate profile

• Qualified Chartered Accountant (CA).
• 34 years of relevant direct tax experience.
• Solid understanding of income-tax provisions, TDS compliances, tax audit, litigation processes, and M&A advisory.
• Hands-on experience with ITR and tax audit filings, Clauses 34 & 44 of Form 3CD, TDS workings, TDS returns, and litigation replies.
• Knowledge of InvIT compliance will be an added advantage.
• Proficiency in Oracle NetSuite (mandatory).
• Strong analytical, problem-solving, and communication skills.
• Ability to manage multiple deadlines in a fast-paced environment.