ASHISH CHAUDHARY
Mumbai
Summary
Detail-oriented Direct Tax Professional (CA Finalist) with extensive experience in tax compliance, scrutiny assessments, and appellate matters for high-net-worth individuals and entities. Crafted submissions for Faceless Assessment Units and CIT(A), optimized tax computations, and managed post-order rectifications and refunds. Aiming to contribute analytical expertise in a challenging role within a leading accounting firm.
Overview
8
8
years of professional experience
Work History
Associate
AQS & Company
Mumbai
10.2025 - Current
- Led end-to-end direct tax compliance and advisory engagements for corporate clients, listed entities, and family offices, ensuring zero-default filing standards and tax-efficient strategies.
- Managed appellate matters before CIT(A) and coordinated ITAT litigation strategies, by preparing rejoinders and compiling relevant judicial precedents and case laws to support client positions.
- Oversaw post-appellate execution by pursuing Rectification Applications u/s 154 and tracking Order Giving Effect (OGE) to secure pending refunds efficiently.
- Drafted complex written submissions, factual representations, and paper books for high-value assessment proceedings (u/s 143(3), 147, 148) and faceless inquiries, ensuring thoroughness and compliance.
- Supervise juniors and article assistants on tax computations, deferred tax analysis, AIS/TIS discrepancies, and advance tax projections.
Articled Assistant - Direct Tax
MGB & Co. LLP
Mumbai
09.2022 - 09.2025
- Advised high-net-worth clients and corporate entities on tax-saving strategies and compliance with evolving direct tax amendments.
- Prepared, assisted and executed end-to-end income tax return preparation and filing for diverse client profiles, including high-net-worth individuals, listed entities, private investment companies, and charitable/private trusts.
- Computed capital gains, foreign asset disclosures, passive investment income, and eligible trust exemptions under relevant sections of the Income-tax Act.
- Prepared tax computation schedules and reconciled figures with books of accounts, Form 26AS, AIS, and TIS.
- Assisted with scrutiny and assessment proceedings under Sections 143(3), 144, 147, and 148 by reviewing notices, preparing legal and factual submissions, and coordinating compliance follow-ups.
- Drafted grounds of appeal, statements of facts, and written rejoinders for first- and second-stage appeals before Commissioner of Income Tax (Appeals) [CIT(A)] and Income Tax Appellate Tribunal (ITAT).
- Handled rectification applications under Section 154 and stay-of-demand requests after assessment orders.
- Reviewed and supported order giving effect (OGE) work for appellate orders, ensuring accurate tax recalculation and facilitating timely refund release.
- Assisted with tax audits under Forms 3CA/3CB and 3CD for listed corporations and mid-sized private companies across multiple industries.
- Executed audit procedures to ensure accuracy in financial statements and compliance with tax regulations.
- Executed end-to-end voluntary financial audits for private limited companies and private/family trusts, verifying financial statement accuracy, internal control efficacy, and statutory compliance.
- Assisted in executing comprehensive Tax Audits (Form 3CA/3CB and Form 3CD) for listed corporations and mid-sized private companies across diverse industries.
Executive - Direct Tax
DK & Associate
Mumbai
01.2020 - 08.2022
- Performed statutory, direct tax, and internal audits for trading and manufacturing, transportation, warehousing, and trust clients, achieving compliance with regulations and producing accurate reports.
- Maintained finalized ready books daily for corporate and proprietorship entities, ensuring accuracy and compliance.
- Executed internal and statutory audits from planning to reporting, addressing matters as per the Companies Act and audit standards.
- Consulted on and reviewed compliance with income tax and indirect taxes, enhancing regulatory adherence.
- Conducted analytical reviews and variance analysis linking financial data with GST filings to identify anomalies and potential fraud indicators.
Assistant - Audit and Accounts & Taxation
S. Y. Lodha & Associate
Mumbai
10.2018 - 12.2019
- Article Assistant | April 2018 - September 2018
- Performed income tax and GST compliance, including filing returns and audit reports, ensuring alignment with financial statements through relevant reconciliations.
- Managed book-keeping, statutory audits, and compliance for diverse clientele, ensuring adherence to direct and indirect taxation regulations.
- Created audit-ready and compliant financial statements and documentation in real time.
- Assisted in preparing standalone and consolidated financial statements, contributing to accurate financial reporting.
- Supported statutory audits including working papers, disclosures and compliance checks.
- Maintained finalized ready books on a daily basis for corporate and proprietorship entities.
Education
CA IPCC -
The Institute of Chartered Accountants of India (ICAI)
11-2017
Bachelor of Commerce -
Elphinstone College, University of Mumbai
12-2016
Skills
- Direct tax including ITR Forms & their compliances, Advance tax, TDS/TCS compliance, LDC compliance
- Strong understanding Indian Income-tax Act
- Assessment, Appeals and Litigation
- Tax accounting & reconciliation
- Proficiency in Taxation application eg Winman
- Efficient analytical & reporting skills
- Working knowledge in MS Office (excel, word, PPT)
- High level of integrity & professionalism
Personal Information
Date of Birth: 1995-09
Languages
Language Proficiency Hindi & English
Timeline
Associate
AQS & Company
10.2025 - Current
Articled Assistant - Direct Tax
MGB & Co. LLP
09.2022 - 09.2025
Executive - Direct Tax
DK & Associate
01.2020 - 08.2022
Assistant - Audit and Accounts & Taxation
S. Y. Lodha & Associate
10.2018 - 12.2019
CA IPCC -
The Institute of Chartered Accountants of India (ICAI)
Bachelor of Commerce -
Elphinstone College, University of Mumbai