Vinita Advani Email & Phone Number

India

Mumbai, Maharashtra, India

Powai

- Handling corporate taxation, transfer pricing and all routine income-tax compliances.- Review and filing monthly GST returns and finalizing GST Audit.- Preparation and filing of submissions for income-tax and GST assessments.- Setting an appropriate process for input tax reconciliation ensuring minimum input tax loss to the Company in a year.- Quarterly reconciliation of USGAAP to IGAAP tax accounting.- Handling tax audit and transfer pricing audits. Ensuring completion of tax audit within 30 days from completion of statutory audit and filing of tax return within 15 days from completion of tax audit.- Working on special assignments with the tax leader on need basis.- Presenting tax updates to the CFO and Finance team on a quarterly basis.

Mumbai, Maharashtra, India

- Heading the Receivables department of the company. - Handling a team of 6-7 people and managing all the Revenues from accounting to collections and TDS reconciliations. Directly coordinating with the clients to resolve Finance related issues.- Working directly with the CFO to look after day to day litigation matters including partly legal matters of the company and advisory queries.- Handling internal audit queries, which involve coordinating with respective units/ teams for collating data, reviewing the data and presenting it to the Board.- Assistance in preparing the Standalone and Consolidated Financial Statements of the Company.- Preparation of income tax computations, tax audit report and filing of Income tax returns.- Partially handled queries pertaining to Goods and Service tax (‘GST’) and filing of GST returns.- Attending hearings before the income-tax officer and assisting in refund related matters.- Keeping up to date with the key tax amendments and timely updating the CFO.

Mumbai Area, India

- Provided assistance in rendering advisory services from the perspective of Indian direct tax laws, bilateral tax treaties entered into by India with various countries, and the Indian foreign exchange control regulations to Private Equity players seeking to invest in India.- Transaction structuring advisory and due diligence for acquisition of Indian real estate companies.- Review of deal related agreements from income-tax perspective.- Preparing capital tables and book value workings specific to transactions.- Review of operations of Fund/ overseas companies from a permanent establishment and place of effective management perspective.- Income tax scrutiny assessments and litigation (Appeals, assessment) at higher appellate authorities.- Preparation of income tax computations, review and filing of Income tax returns of corporates.- Manage tax strategies, structuring, risk and compliance.- Advising the client on routine tax queries specific to real estate sector.

Mumbai Area, India

Taxation: - Assisted in scrutiny assessments and attended hearings before the Assessing Officer. Compilation and filing of documents requested during scrutiny assessment.- Assisted in preparing statement of total income and tax return for corporate and non-corporate assesses.- Assisted in filing appeals before Commissioner of Income tax and Income Tax Appellate Tribunal.- Certification work – Preparing Form 15CA and 15CB.- Assisted in obtaining Sales Tax and Service Tax Registration and return filing.- Conducted various MVAT audits.Tax Audits: - Auditing & analysing the client’s tax liabilities under the Indian taxation regime;- Drafting audit report under the applicable provision of the Indian Income Tax Act, 1961 (i.e. Form 3CA/ 3CB and 3CD).Accounting & Other Responsibilities:- Preparing financials as per Revised Schedule VI.- Responsibilities of managing the team and reporting to the Manager regarding the assignment progress.- Coordinating with clients for timely completion of assignments.- Successful interactions with upper level decision makers; resolving critical problem areas and delivering on client commitments.

Mumbai Area, India

Statutory Audit: Performed statutory audits for various companies which included following responsibilities:- Ledger scrutiny of account balances in various accounting packages and verification of financial statements.- Drafting audit reports, including CARO reporting.- Checking of compliance of the financial statements with the auditing & accounting standards.- Analysis of Debtors and Creditors, Stock & Stores – Ageing, Recovery Period, Balance Confirmation Procedures. Review of various reconciliation statements e.g. BRS, Stock.- Analysis of Operating Expenses – Substantive Testing- Fixed Assets – verification of GRN, Purchase Order and Invoice- Cash & Bank – Reconciliation, verification of Completeness, obtaining Bank Confirmations.- Interactive discussions with the client.