Ajay Bhat

Energetically driven Chartered Accountant with a robust history of enhancing financial accuracy and efficiency at Vepa & Co. Excelled in relationship building and time management, demonstrating a quick learning ability and a strong work ethic. Proven track record in prioritizing tasks, ensuring seamless operations and client satisfaction.

1. Direct taxes

• Tax Audit of companies along with preparation of Income tax returns.
• Analysis of foreign payments for TDS applicability in the light of provisions of Income Tax Act, 1961 & DTAAs. And also, preparation & filing of Form 15CB. ETDS returns and advance tax calculations for clients.
• Preparation of transfer pricing reports and preparation and filing of report on international transactions.

2. Indirect taxes

• Conducted audit under Karnataka Value Added Tax Act, 2003 (KVAT).
• Service tax compliance, including filing of service tax returns, advising on the point of taxation, and other similar compliance for companies in the information technology sector
• GST Registration and filing of various returns and annual returns.
• Areas handled include verifying the correct availment of input tax credit, determining the correct rate of tax applicable to the goods, compliance with the procedural requirements, and assessments under GST laws.

3. Company Law

• Statutory Audit of Companies engaged in Information Technology, Manufacturing, Retailing, Management consultancy.
• Areas handled include revenue recognition, payroll cost, fixed assets, statutory compliance, vouching and analysis of accounting of the client having regard to the Accounting Standards under the Companies Act. Was involved in the audit from the stage of audit planning to review of financial statements by the Managers & Partner.
• Preparation of Financials of companies under Schedule III in compliance with IGAAP and Ind AS.
• Drafting of Board & General meeting minutes, preparation and filing of various statutory forms under Companies Act, 2013 for allotment, increase in authorized capital, Annual Returns among others.

4. Internal Audit

• Internal audit of a company engaged in the information technology sector, retail sector, and finance and accounting service provider
• Concurrent Audit of Banks.
• Design and testing if Internal financial control (IFC).

5. Accounting, Certification & other audits

• Accounting, payroll and compliance services to companies engaged in information technology sector including companies which have foreign associated enterprises.
• Share valuation for allotment of shares to foreign investors as per the RBI guidelines. Clients handled are companies into the area of information technology in start-up environment.

I hereby declare that the information given above is true and correct to the best of my knowledge.

• Father's Name: Ganesh Bhat
• Date of Birth: 09/03/93
• Marital Status: Married

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