Ankit Verma
New Delhi
Summary
- To contribute to an organization by utilizing my analytical skills & professional education, to shoulder responsibilities and take initiatives in order to create value for the organization & meet corporate goals.
- Experience in handling Audits / Tax Functions, Business Development and preparing reports thereon.
- Skillful in finalization of financial statements, Tax Audit Report & filing of returns.
- Preparing Income Tax Scrutiny cases.
Overview
9
9
years of professional experience
1
1
Certification
Work History
Manager Finance and Accounts
IILM Institute for Higher Education
NEW Delhi
04.2022 - 01.2025
- Handling daily accounting, payment, MIS, cash flow, and fund flow.
- Effectively managing a team of three professionals in Accounts and Taxation requires a strategic approach that emphasizes clarity, efficiency, and continuous improvement.
- Comprehensive Tax Filing: Prepared and submitted Income Tax Returns (ITRs) for the relevant financial year, ensuring compliance with the latest regulations, and utilizing appropriate forms based on income sources.
- Maintained meticulous records of all financial transactions, supporting documents, and acknowledgments to substantiate the information provided in the tax returns.
Assistant Manager
Sandeep Tyagi and Associates
New Delhi
04.2020 - 04.2022
- Compiled accurate and timely financial reports, including balance sheets, income statements, and cash flow statements, to inform stakeholders, and support decision-making processes.
- Conducted thorough audits to ensure financial statements comply with applicable accounting standards and legal requirements, providing assurance on the accuracy and integrity of financial records.
- Diligently prepared and filed various GST returns, including GSTR-1, GSTR-3B, and GSTR-9, ensuring accurate reporting of outward supplies, input tax credits, and tax liabilities in compliance with the Goods and Services Tax regulations.
- Prepared and filed Income Tax Returns (ITR-1 through ITR-7) for individuals, businesses, and trusts, accurately reporting income from various sources, claiming eligible deductions, and computing tax liabilities in accordance with the Income Tax Act.
- Managed advance tax computations and ensured timely payments, along with meticulous handling of Tax Deducted at Source (TDS) obligations, aligning with the prescribed tax provisions.
Accountant
Sun ramified Solutions Private Limited
06.2018 - 03.2020
- Ensured accurate and up-to-date recording of all financial transactions in accordance with the double-entry system, as mandated by the LLP Act of 2008. This includes maintaining journals, ledgers, cash books, and other relevant records.
- Compiled comprehensive financial statements, including the Balance Sheet, Profit and Loss Account, and Cash Flow Statements, adhering to the applicable accounting standards and principles.
- Facilitated statutory audits by liaising with external auditors, ensuring the timely provision of necessary documents and explanations, and implementing audit recommendations to enhance financial processes.
- Handled GST registrations, prepared and filed periodic returns such as GSTR-1 and GSTR-3B, managed input tax credit reconciliations, and ensured compliance with GST regulations.
Articled Trainee
Amit and Nitin
New Delhi
04.2016 - 08.2018
- Conducted comprehensive audits to ensure compliance with applicable accounting standards and legal requirements, providing assurance on the accuracy and integrity of financial records.
- Assessed internal control systems to identify potential risks, and implemented measures to enhance operational efficiency and mitigate financial discrepancies.
- Utilized the TDS Return Preparation Utility (RPU) provided by NSDL to prepare TDS returns offline. This utility allowed for the creation of e-TDS/TCS returns in the prescribed format, ensuring compliance with the Income Tax Department's specifications.
- Utilized the Income Tax Department's official offline utility for ITRs to prepare and file ITRs in JSON format. This utility supports ITR-1 to ITR-4, and ITR-5 to ITR-7, allowing for comprehensive data entry and validation.
Articled Trainee
C.A. Firm: V. C. Garg & Co.
New Delhi
08.2015 - 03.2016
- Conducted comprehensive audits to ensure compliance with applicable accounting standards and legal requirements, providing assurance on the accuracy and integrity of financial records.
- Assessed internal control systems to identify potential risks, and implemented measures to enhance operational efficiency and mitigate financial discrepancies.
- Utilized the TDS Return Preparation Utility (RPU) provided by NSDL to prepare TDS returns offline. This utility allowed for the creation of e-TDS/TCS returns in the prescribed format, ensuring compliance with the Income Tax Department's specifications.
- Utilized the Income Tax Department's official offline utility for ITRs to prepare and file ITRs in JSON format. This utility supports ITR-1 to ITR-4, and ITR-5 to ITR-7, allowing for comprehensive data entry and validation.
Education
B. Com (P) -
Delhi University
01.2015
Class - XII -
C.B.S.E. Board
01.2011
Class - X -
C.B.S.E. Board
01.2009
Skills
- Quick Learner
- Sincere
- Punctual
- Self-belief
- Completed 100 hours of compulsory computer training conducted by ICAI, New Delhi
- Well versed with Tally, MS Office, ERP, and Internet Applications
Certification
- CA-FINAL Group 2, The Institute of Chartered Accountants of India, 05/01/24, 50.00%
- CA-IPCC Group 2, The Institute of Chartered Accountants of India, 05/01/15, 50.00%
- CA - IPCC Group 1, The Institute of Chartered Accountants of India, 05/01/14, 54.00%
- CA - CPT, The Institute of Chartered Accountants of India, 12/01/12, 58.00%
Hobbies and Interests
- Playing Outdoor Games
- Watching movies
Disclaimer
I hereby declare that all the particulars given above are true to the best of my knowledge and belief.
Languages
- English
- Hindi
Personal Information
- Father's Name: Mahesh Chander Gupta
- Date of Birth: 06/22/93
Languages
Hindi
First Language
English
Intermediate (B1)
B1
Timeline
Manager Finance and Accounts
IILM Institute for Higher Education
04.2022 - 01.2025
Assistant Manager
Sandeep Tyagi and Associates
04.2020 - 04.2022
Accountant
Sun ramified Solutions Private Limited
06.2018 - 03.2020
Articled Trainee
Amit and Nitin
04.2016 - 08.2018
Articled Trainee
C.A. Firm: V. C. Garg & Co.
08.2015 - 03.2016
B. Com (P) -
Delhi University
Class - XII -
C.B.S.E. Board
Class - X -
C.B.S.E. Board
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