Summary
Overview
Work History
Education
Skills
Languages
Profilesummary - Summary
Personal Information
Timeline
Generic
Abhishek Kasat

Abhishek Kasat

Bengaluru

Summary

CA & CS professional with nearly 18 years of experience, specializing as a Tax Head in Corporate Tax and Merger & Acquisition strategies. Instrumental in leading the GST roll-out and optimizing tax functions. Combines strong team management and decision-making skills to enhance compliance while driving impactful corporate restructuring projects.

Overview

19
19
years of professional experience

Work History

Group Tax Head

Verse Innovation Pvt Ltd
Bangalore
11.2022 - Current

Heading the global tax function for the group.

Streamlined the entire tax function and also helped the group to file potential GST refunds.

Part of the IPO journey core team.

Group Tax Head

Quess Corp Limited
Bengaluru
09.2021 - 10.2022
  • Heading the India tax function for group entities
  • Assisted in the survey proceedings of the Quess Group.
  • Assisted in the special audit proceedings of the Quess Group.

India Tax Head (Director)

NTT DATA
Bengaluru
08.2016 - 08.2021
  • Heading the India tax function for group entities.
  • Spearheading GST roll-out and implementing transition roadmap
  • Managing litigations at various appellate levels, including MAP, and settling past litigations under various amnesty schemes by performing cost-benefit analysis in order to minimize potential exposure pertaining to interest and penalties under the Direct and Indirect Tax Laws.
  • Advising on multiple tax issues, such as withholding tax implications, and GST implications.
  • Reviewing income tax returns and transfer pricing documents for India and the APAC region.
  • Ensuring various tax compliance under Direct and Indirect Tax Laws.
  • Strategizing various modes with respect to group restructuring and cash repatriation.
  • Identifying and escalating significant accounting and tax-related issues to the global tax team, with recommendations for action.
  • Functioning as the point of contact with internal business clients, other practice areas within the Tax Department, and external tax advisors.
  • US tax provisioning, including FIN 48 provision (ASC 740-10).
  • Analyzing and monitoring legislative, regulatory, and judicial tax developments relevant to the Company’s business operations.
  • Rendered pre and post-acquisition support to MNCs and Indian Corporates
  • Conceptualized and implemented group restructuring projects, and other tax optimization strategies.
  • Strategized ideal holding jurisdiction for Indian investments, and analyzed alternate modes of fund infusion into India.
  • Provided due diligence support in numerous inbound and domestic acquisitions.

Manager (M&A Tax)

KPMG
Noida
07.2015 - 07.2016
  • Rendered pre and post-acquisition support to MNCs and Indian Corporates
  • Conceptualized and implemented group restructuring projects, and other tax optimization strategies.
  • Strategized ideal holding jurisdiction for Indian investments, and analyzed alternate modes of fund infusion into India.
  • Provided due diligence support in numerous inbound and domestic acquisitions.

Senior Manager (Corporate Tax and Advisory)

Cadila Pharmaceuticals
Ahmedabad
04.2014 - 07.2015
  • Advised on multiple tax issues, such as withholding tax implications, Section 14A, etc.
  • Evaluated M&A proposals, and provided recommendations.
  • Litigation assignments, including the review of submissions and appeal memos pertaining to Direct Taxes.

Senior Consultant (Corporate Tax)

Ernst & Young
Gurugram
08.2012 - 04.2014
  • Litigation assignments involving the preparation of submissions, appeal memos, and representation before revenue authorities (including at the appellate level).
  • Opinions/advisory on multiple tax issues, such as withholding tax implications, slump sales, unapproved gratuity funds, Permanent Establishment risk, etc.
  • Assisted clients in the capital segment, software, BPO, e-commerce, and other industries.

Associate (M&A Tax)

PricewaterhouseCoopers Pvt. Ltd.
Bengaluru
01.2010 - 08.2012
  • Conceptualized and implemented group restructuring projects and other tax optimization strategies
  • Provided pre and post-acquisition support to foreign investors
  • Strategized efficient cash repatriation models for MNCs operating in India
  • Due diligence support in numerous inbound and domestic acquisitions

Industrial Trainee (Direct Tax)

H. C. Khincha & Co.
Bengaluru
08.2005 - 08.2008
  • Tax and statutory audit assignments coupled with advisory and compliances in connection with direct tax matters

Education

CA -

Institute of Chartered Accountants of India
01-2009

CS -

Institute of Company Secretaries of India
01-2008

B.Com. -

Mahajana First Grade College
Mysore
01-2004

Skills

  • Corporate Tax
  • Merger & Acquisition
  • GST Roll-out & Implementation
  • Transfer Pricing
  • Accounting
  • Compliance & Advisory
  • Decision-making
  • Team Management
  • IT Skills
  • Microsoft Office Suite

Languages

  • English
  • Hindi
  • Kannada
  • Marwadi

Profilesummary - Summary

CA & CS professional with nearly 18 years of experience and strong domain knowledge in Corporate Taxation, GST, Merger & Acquisitions and Transfer Pricing. Excellence in initiating and integrating tax planning opportunities, monitoring industry issues and analyzing legislative proposals to maximize tax savings opportunities. Part of Pre-IPO Journey core team. Involved in group restructuring and cash repatriation strategy. Provided pre and post-acquisition support to MNCs and Indian corporates. Advised on multiple tax issues, such as withholding tax implications, GST implications, GST audits, GST refunds across various segments. Partnering with business units to proactively identify and research tax planning opportunities; implementing structural and non-structural tax planning strategies which maximized savings. Wrote an article 'Taxation of Shares and Securities' for Souvenir of 39th Regional Conference – SIRC (Bengaluru) under the guidance of CA Shri Padamchand Khincha. Comprehensive knowledge about recent developments in tax laws, regulatory developments and analyzed impact to the business. Team-based management style coupled with the zeal to drive vision into reality.

Personal Information

  • Passport Number: R4653756
  • Date of Birth: 01/24/84

Timeline

Group Tax Head

Verse Innovation Pvt Ltd
11.2022 - Current

Group Tax Head

Quess Corp Limited
09.2021 - 10.2022

India Tax Head (Director)

NTT DATA
08.2016 - 08.2021

Manager (M&A Tax)

KPMG
07.2015 - 07.2016

Senior Manager (Corporate Tax and Advisory)

Cadila Pharmaceuticals
04.2014 - 07.2015

Senior Consultant (Corporate Tax)

Ernst & Young
08.2012 - 04.2014

Associate (M&A Tax)

PricewaterhouseCoopers Pvt. Ltd.
01.2010 - 08.2012

Industrial Trainee (Direct Tax)

H. C. Khincha & Co.
08.2005 - 08.2008

CA -

Institute of Chartered Accountants of India

CS -

Institute of Company Secretaries of India

B.Com. -

Mahajana First Grade College
Abhishek Kasat