Senior Manager - Direct Tax

Sun Pharma

Posted: 1 month ago
Openings: 10
Applicants: 0

Job Description

Job Title:

Senior Manager -Direct Tax

Business Unit:

Global Finance And Accounts

Job Grade

Location :

Mumbai

At Sun Pharma, we commit to helping you Create your own sunshine by fostering an environment where you grow at every step, take charge of your journey and thrive in a supportive community.

Are You Ready to Create Your Own Sunshine

As you enter the Sun Pharma world, you ll find yourself becoming Better every day through continuous progress. Exhibit self-drive as you Take charge and lead with confidence. Additionally, demonstrate a collaborative spirit, knowing that we Thrive together and support each other s journeys.

Key responsibilities:

DIRECT TAXATION - Advance Tax and Tax Provision workings, Preparation of Computation of Income and filing of Income Tax Return, Income Tax Assessments & Appeals:

1. 1. Compilation and calculations for Advance Tax, Deferred Tax & Tax Provision workings
  2. Preparing Computation of Income and Income tax returns
  3. Preparation and coordination with tax auditors for Form 3CD and its annexures; and Form 29B (MAT audit report)
  4. Filing petitions and appeals
  5. Compiling information for income tax assessments/ CIT appeals, prepare/review submission and appearing before the income tax authorities and briefing Senior Counsels
  6. Advising about TDS applicability
  7. Maintaining reconciliation of tax records vis, a vis accounting records
  8. Other compliances like filing SFT, Catering to various Sec. 133(6) & 148/148A notices
  9. Sharing & Implementing updates as required by law

TRANSFER PRICING (TP) TP Audit along with Country-by-Country Reporting (CbC) [BEPS]

1. 1. Analyzing intercompany transactions and ensuring that the transactions are at Arm s Length
  2. Filing Form 3CEB and assisting in finalization of T.P. Audit Study Report
  3. Appearing for transfer pricing assessments before authorities and preparing submissions for transfer pricing assessments
  4. Filing of Master File and CBCR

INTERNATIONAL TAXATION & GLOBAL TAX COMPLIANCE :

1. Working on and compliance to Pillar 2 regulations
2. Assisting in Merger & Acquisition by providing tax due diligence services to internal stakeholders
3. Reviewing foreign remittances from taxation perspective (DTAA & Indian Income Tax),attending foreign remittance audits by Income Tax Dept; and filing of 15CA/15C
4. Reviewing Income Tax computation of foreign subsidiaries, working for rationalizing major disallowances for foreign subsidiaries and providing suggestions for improving the Effective Tax Rate
5. Filing of Master File and CBCR
6. Advising overseas subsidiaries in their tax assessments
7. Review agreements with foreign parties for determining tax implications
8. Compilation of Global Tax MIS for an overview of all tax laws, compliances, tax refunds, tax losses across overseas entities in the group
9. Implementing new changes as required by the law