AKSHAY RAO T

Concurrent Audit of Co-Operative Bank (HO & Branch)

• Communicated with auditee staff to obtain necessary information for audits for the areas of GST, TDS and other Statutory Compliances.
• Identified control gaps in processes, procedures and systems through in-depth research and assessment and suggested methods for improvement.
• Analyzed data and findings to prepare reports detailing financial information.

Stock and Book Debt Audit

• Conducted detailed physical verification of Inventory Records which are material (Approx. 84%) and verified the same to Stock Statement.
• Analyzed and Reconciled discrepancies, if any, between Stock Statements, Books of accounts, and GST Return Filings to ensure accuracy and compliance.
• Verified the calculation of drawing power and ensured the applied margin (10%-15%) aligned with the terms specified by the bank.

Taxation

• Prepared and filed 125+ Income Tax Return filings for diverse client base.
• Filed Approx. 40 TDS Returns(Form 24Q, 26Q, 27EQ) and 120+ GST Returns (GSTR 1, 3B, 9, 9C)
• Handled end to end work regarding assessment proceedings through drafting reply to IT Notice.

Audit

• Conducted comprehensive Tax Audits across diverse industries ensuring compliance with applicable Tax laws and Regulatory Requirements.
• Performed Statutory Audits for Small companies ensuring compliance with Financial Reporting Standards and Regulatory Requirements.

Miscellaneous

• Finalization of Financial Statements
• Preparation of Project Reports