Ayush Garg
Pune
Summary
Detail-oriented professional with strong expertise in International Taxation, tax audits, and regulatory compliance. Known for leadership skills and a meticulous approach, I bring a proven ability to enhance financial accuracy and drive strategic success, making me an invaluable asset to team.
Overview
6
6
years of professional experience
Work History
Senior Associate
Ahuja Valecha & Associates LLP
Pune
12.2024 - Current
- Advised various international clients on transfer pricing regulations, including analysis of cross-border transactions in line with Indian TP laws and OECD guidelines.
- Conducted comprehensive benchmarking studies and prepared price-setting memoranda to establish arm's length pricing for applicable transactions.
- Drafted detailed appeal responses and prepared DRP submissions for filing before the Dispute Resolution Panel (DRP) and the Income Tax Appellate Tribunal (ITAT) to contest TP adjustments.
- Worked extensively on Zoho Books accounting software to review and reconcile accounts for individuals and small businesses, ensuring accuracy in financial reporting.
- Filed Form 61A and prepared preliminary responses to SFT notices for reporting high-value financial transactions under the Income Tax Act.
Tax Manager
Bharat H Shah & Associates
Pune
05.2024 - 09.2024
- Assisted in the tax audit of listed entities, including Aveer Foods and Poona Dal and Oil Mill limited.
- Filed income tax returns for individuals and Hindu Undivided Families (HUFs) with diverse income sources, including business income, salary income, speculative income, and capital gains. Successfully managed the filing of 200 returns in a single season, including those for high-net-worth individuals.
- Prepared consolidated financial statements for an educational trust and individual financial statements for various private limited companies.
Associate
KPNB & Associates
Pune
11.2022 - 07.2023
- Preparation and review of Transfer Pricing reports for clients from varied industries including IT/ITES, BPO, Manufacturing, Textile, BSS.
- Prepared and assisted in preparation of various submissions, assessments and appeals relating to Transfer Pricing officer / DRP and drafting of submissions.
- Response to Transfer Pricing Officer's(TPO) notice with respect to details/information / clarifications.
- Prepared Order Giving Effect for various clients with regard to Transfer Pricing matters.
- Prepared Grounds of appeal and other relevant documents for filing appeal before the Income-tax Appellate Tribunal.
- Assisted in Tax Audit of corporate entities.
Articled Assistant
KPNB & Associates
Pune
04.2019 - 04.2022
- Finalized the benchmarking from qualitative perspective by selecting the final set of comparable using the Arm’s length Principles.
- Performed Functional, Assets and Risk Analysis for various clients (FAR Analysis) for the purpose of transfer pricing documentation.
- Calculation of margins of the comparable companies selected by the TPO during the assessment. Preparing multiple comparable sets based on various quantitative filters such as RPT, turnover, employee cost, etc.
- Preparation of Form 3CEBs and Transfer Pricing Documentation Reports.
- Filing 3CEAA Forms.
- Assisted in preparation of Master File Documentation and Country by Country Reporting (CbCR).
- Worked on quarterly advance tax computation.
- Preparation, documentation and finalization of entities.
Education
Bachelor of Commerce - Commerce
Symbiosis College of Arts and Commerce
Pune, MH2019
Semi Qualified Chartered Accountant - Finance and Accounting
Institute of Chartered Accountants of India
IndiaSkills
- MS Office
- ICAI Capitaline
- Time management
- Strategic planning
- Leadership
- Adherence to Deadlines
Timeline
Senior Associate
Ahuja Valecha & Associates LLP
12.2024 - Current
Tax Manager
Bharat H Shah & Associates
05.2024 - 09.2024
Associate
KPNB & Associates
11.2022 - 07.2023
Articled Assistant
KPNB & Associates
04.2019 - 04.2022
Bachelor of Commerce - Commerce
Symbiosis College of Arts and Commerce
Semi Qualified Chartered Accountant - Finance and Accounting
Institute of Chartered Accountants of India
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