Job Description
The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Novel Coronavirus (COVID-1+), we’re leveraging our digital capabilities to ensure we can continue to recruit top talent at HSBC. As your application progresses, you may be asked to use one of our digital tools to help you through your recruitment journey. If so, one of our Resourcing colleagues will explain how our video-interviewing technology will be used throughout the recruitment process and will be on hand to answer any questions you might have.
Some Careers Open More Doors Than Others.
If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
If you’re looking to unlock new job opportunities, take a look at the possibilities right on your doorstep here at HSBC.
Direct Taxation:
• Calculation of advance tax based on various projection, adjustments etc.
• Involved in the statutory provision of tax and audit thereof. This involves on ETR recon, MAT, deferred tax
• Driving conclusion of tax audit
• Prepare and file Return of Income well before the statutory deadline
• Advising internal department/groups on tax related queries i.e. payroll, payment team
• Advising tax implication on various transactions entered into by the entity
• Collate details from various internal groups for the purpose i.e. yearly tax provision, estimating advance tax installment, return of income, assessment etc.
• Preparing Assessment details, calculation, submissions
• Appearing before the income tax, service tax authorities for assessment, rectification, order giving effect, refunds
• Prepare rectification application under section 154 of the Income Tax Act 1+61
• Prepare reply to penalty notices under section 271 of Income Tax Act 1+61
• Prepare letter and working for Order giving effect to the appellate orders
• Preparing appeal to be filed before CIT(A) against the assessment order if claims are not allowed
• Preparing submissions in response to various notices issued by Income Tax Authorities
• Keeping track on movement of tax related accounts
• Group reporting to regional office based out of Hong Kong on quarterly basis
• Responsible to ensure that tax related compliance, litigation, group reporting of group companies in India are on track
• Transfer Pricing Assessment, litigation, documentations etc
• Transfer Pricing advisory to business and functions
Indirect Taxation:
• Responsible for smooth compliance under GST for all the group companies
• Responsible to ensure that all input tax credit under GST is availed and utilised
• Responsibility to ensure smooth conclusion of all outstanding litigation
Some Careers Open More Doors Than Others.
If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
If you’re looking to unlock new job opportunities, take a look at the possibilities right on your doorstep here at HSBC.
Direct Taxation:
• Calculation of advance tax based on various projection, adjustments etc.
• Involved in the statutory provision of tax and audit thereof. This involves on ETR recon, MAT, deferred tax
• Driving conclusion of tax audit
• Prepare and file Return of Income well before the statutory deadline
• Advising internal department/groups on tax related queries i.e. payroll, payment team
• Advising tax implication on various transactions entered into by the entity
• Collate details from various internal groups for the purpose i.e. yearly tax provision, estimating advance tax installment, return of income, assessment etc.
• Preparing Assessment details, calculation, submissions
• Appearing before the income tax, service tax authorities for assessment, rectification, order giving effect, refunds
• Prepare rectification application under section 154 of the Income Tax Act 1+61
• Prepare reply to penalty notices under section 271 of Income Tax Act 1+61
• Prepare letter and working for Order giving effect to the appellate orders
• Preparing appeal to be filed before CIT(A) against the assessment order if claims are not allowed
• Preparing submissions in response to various notices issued by Income Tax Authorities
• Keeping track on movement of tax related accounts
• Group reporting to regional office based out of Hong Kong on quarterly basis
• Responsible to ensure that tax related compliance, litigation, group reporting of group companies in India are on track
• Transfer Pricing Assessment, litigation, documentations etc
• Transfer Pricing advisory to business and functions
Indirect Taxation:
• Responsible for smooth compliance under GST for all the group companies
• Responsible to ensure that all input tax credit under GST is availed and utilised
• Responsibility to ensure smooth conclusion of all outstanding litigation
💡 Quick Summary
Seeking a career-building opportunity? The Vice President Taxation position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
