Senior Executive - Direct Tax

Acumen360 Consulting & HR Solutions; Vadodara; On-site; INR 600,000 - 900,000; Full time

Job summary

Acumen 360 seeks a qualified tax professional to manage complex compliance tasks, including TDS, Form 15CA/15CB, and transfer pricing. You will support foreign remittance reviews, related party disclosures, and tax audit activities for corporate clients.

The role requires 3–6 years in direct taxation, with proficiency in SAP/ERP and tax portals. You will collaborate with consultants and auditors to ensure timely filings and accurate tax reporting.

Qualifications

• CA Inter / CMA Inter / M.Com / MBA (Finance) / B.Com.
• 3-6 years of experience in Direct Taxation.
• Hands-on experience with TDS compliance and return filing.
• Knowledge of Form 15CA/15CB procedures and DTAA provisions.
• Understanding of Transfer Pricing and Tax Audit requirements.

Responsibilities

• Tax Deduction at Source (TDS) Compliance: calculation, deposit, and filing.
• Foreign Remittance Compliance: Forms 15CA/15CB coordination.
• Related Party Transactions & Transfer Pricing: quarterly reporting and studies.
• Tax Audit Support: schedules, data, and coordination with auditors.
• Income Tax Return & Assessment Proceedings: assist in preparation and filing.
• Tax Accounting & Reconciliation: monthly reconciliations and ledger alignment.

Skills

TDS compliance

Form 15CA/15CB

DTAA provisions

Transfer Pricing

Tax Audit

Income Tax Returns

SAP

TRACES

Excel

Income Tax Portal

Education

CA Inter

CMA Inter

M.Com

MBA (Finance)

B.Com

Tools

SAP

ERP systems

TRACES

Excel

Income Tax Portal

Job description

Key Responsibilities

1. Tax Deduction at Source (TDS) Compliance

• Calculation and verification of TDS liability under various provisions of the Income-tax Act, 1961.
• Deduction and deposit of TDS within prescribed timelines.
• Preparation and filing of quarterly TDS returns (Forms 24Q, 26Q, 27Q, etc.).
• Issuance and reconciliation of TDS certificates (Form 16 and Form 16A).
• Resolution of TDS notices, defaults, and reconciliation issues on the TRACES portal.

1. Foreign Remittance Compliance (Form 15CA/15CB)

• Review of foreign remittance transactions in consultation with tax consultant
• Determination of withholding tax applicability under the Income-tax Act and relevant DTAA provisions.
• Preparation and filing of Forms 15CA and coordination for Form 15CB certification.
• Liaison with banks for processing overseas remittances.

1. Related Party Transactions & Transfer Pricing Compliance

• Quarterly Reporting of related party transaction data
• Coordination with consultants and auditors for quarterly RPT reports and for transfer pricing studies.
• Tracking and ensuring compliance with domestic and international transfer pricing provisions.

1. Tax Audit Support

• Preparation of schedules and data required for Tax Audit under Section 44AB.
• Coordination with statutory auditors and tax consultants.
• Compilation and reconciliation of information required for Form 3CD.
• Verification of tax-sensitive disclosures and compliance requirements.

1. Income Tax Return & Assessment Proceedings

• Assistance in preparation and filing of corporate income tax returns.
• Preparation of submissions, replies, and supporting documents for income tax assessments.
• Coordination with tax authorities and consultants during assessment, appeal, and scrutiny proceedings.
• Tracking outstanding tax demands, refunds, and litigation matters.

1. Tax Accounting & Reconciliation

• Monthly reconciliation of TDS, advance tax, and tax ledger accounts.
• Support in tax provisioning and deferred tax calculations.
• Reconciliation with Form 26AS, AIS, and TIS reports.

Required Qualifications

• CA Inter / CMA Inter / M.Com / MBA (Finance) / B.Com.
• 3-6 years of experience in Direct Taxation.

Key Skills

• Strong knowledge of Income-tax Act, 1961.
• Hands-on experience with TDS compliance and return filing.
• Knowledge of Form 15CA/15CB procedures and DTAA provisions.
• Understanding of Transfer Pricing and Tax Audit requirements.
• Experience in handling income tax assessments and notices.
• Proficiency in SAP, ERP systems, Excel, TRACES, and Income Tax Portal.

Preferred Experience

• Exposure to manufacturing sector taxation.
• Experience in handling large-volume TDS compliance and related party transactions.
• Interaction with tax authorities and external consultants.

KPIs

• Timely filing of TDS returns with zero defaults.
• Timely filing of Forms 15CA/15CB.
• Closure of assessment notices within prescribed timelines.
• Accurate reporting of related party transactions and transfer pricing disclosures.
• Successful completion of tax audit and income tax return filing within deadlines.