Article Assistant

Rakshit Khosla & Associates

January 2018 to March 2021

a) Statutory Audits 1. Analysis of Draft Financial Statements including notes to accounts and Preparation of Auditor’s Report including compliance of CARO 2. Ensuring compliances of TDS, applicable accounting standards 3. Ensuring compliances of GST and other related sections 4. Inventory valuation as per Accounting Standards 5. Depreciation as per The Income Tax Act,1961 and as per schedule II of Companies Act 2013 6. Revenue Recognition and differentiation of Capital & Revenue Expenditure. 7. Scrutiny of ledgers, debtors & creditors reconciliation, verification of BRS and Bank/ Cash Balance 8. Physical Verification of Fixed Assets & Closing Stock b)Tax Audits 1. Preparation of Form 3CA, 3CB and 3CD 2. Compliance with TDS Provisions 3. Compliance with various sections of Income Tax Act mentioned in Form 3CD c)GST Audits 1. Checking of Blocked credit as per Section 17(5) and reverse charge as per Section 9(3). 2. Reconciliation of GST Returns with Books. 3. Reconciliation of ITC Claimed during the year. 4. Filling of GSTR 9 & 9C. d)Other Ancillary Activities 1. Responsible for book keeping, file & documents maintenance, maintenance of accounts, finalization of books for audit 2. Preparation of Income computations of various assesses and filing of income tax returns. 3. Income tax related forms like Form 15CA, Form 15CB, Form 10G etc. 4. Planning and execution of various statutory audit procedures including vouching of income and expense items, obtaining debtors, creditors and bank balance confirmation, various logic tests, etc. 5. Handled Tax matters of Companies, Partnership Concerns, Societies, HUFs and High Net worth Individuals.