This position is with our Real Estate Division - Kanakia Spaces Realty Pvt Ltd
Job Title: Senior Manager / AGM Direct Taxation (Income Tax)
Reporting to : Sr GM Accounts & Taxation
Role :
To lead and manage end-to-end direct tax (Income Tax) compliance, assessments, litigation, and tax strategy for the organization, ensuring regulatory adherence, risk mitigation, and tax optimization aligned with business objectives.
Key Responsibilities:
Income Tax Compliance & Reporting
- Lead preparation, review, and finalization of corporate income tax computations for multiple entities/SPVs.
- Ensure accurate and timely filing of Income Tax Returns, Tax Audit reports, Form 3CD, and related schedules.
- Oversee advance tax calculations, self-assessment tax, and deferred tax workings.
- Manage tax provisioning and reporting as per Companies Act and Ind AS requirements.
Assessments, Litigation & Representation
- Handle scrutiny assessments, reassessments, and notices from Income Tax authorities.
- Draft submissions, replies, rectifications, and appeals before AO, CIT(A), and higher authorities.
- Coordinate with external consultants/counsels for representation and litigation strategy.
- Track and manage tax exposures, contingencies, and risk mitigation plans.
Advisory & Tax Planning
- Provide tax advisory on real estate transactions, land acquisitions, JVs, redevelopment projects, and SPVs.
- Evaluate tax implications of new projects, contracts, and structuring.
- Identify tax-saving opportunities and implement optimization strategies.
- Stay updated on amendments in Income Tax laws impacting the sector.
Controls & Process Improvement
- Establish SOPs and internal controls for tax compliance.
- Lead tax reconciliations with books and financial statements.
- Drive automation and improvements in tax MIS/reporting systems.
- Ensure readiness for audits and internal reviews.
Management Reporting
- Prepare monthly/quarterly tax MIS, dashboards, and compliance trackers for senior management.
- Present tax positions, exposures, and updates to CFO/leadership.
Qualifications & Experience
- CA (mandatory)
- 68+ years of experience in Direct Taxation
- Preferably from Real Estate / Construction / Infrastructure industry
- Strong exposure to assessments, appeals, and tax litigation handling
Skills & Competencies
- Strong knowledge of Income Tax Act & compliance framework
- Litigation and representation skills
- Analytical and problem-solving mindset
- Stakeholder management
- Attention to detail
- Leadership & team management
