CA NIRAJ KUMAR SINGH

• Providing assurance engagement service

Financial Statements

• Preparation of Financial Statement & Reports
• Depreciation as per Companies Act 2013 & Income Tax Act 1961
• Preparation of budgeted Balance sheet, Consolidation of Financial Statements

Income Tax

• Preparation tax returns of Individuals & ensure compliance with payments & other tax requirements
• Matter related to Appeal & revision & rectification of orders passed under income tax Act 1961
• Computations of Total income of Individuals & Filling of Income Tax return
• Form 3CD

Goods & Services Tax

• Registration under the GST Act.
• Filling Return GSTR1 & GSTR 3B, Annual Return GSTR9
• GST Reconciliation (E Credit Ledger Vs Books) during statutory audit
• Avaibility check of Block credit, applicability of RCM

Finance

• Valuation of unquoted shares as per 11UA FMV & Book Value
• Preparation of Stock statement
• Develop & analyze budgeted Balance sheet
• Preparation of report on flow of funds
• Documents preparation related to Loans from banks & other financial institution

Audit

• Lead a team of internal audit
• Monitor & review accounting and related system reports for accuracy and completeness
• Coordinate & follow up flow of work with auditors during audit of companies

Others

• Document Preparation related to Subsidy on Installed Plant & Machinery related to Manufacturing
• Document preparation related to Rating of companies
• Bill Discounting of receivable & payable
• Preparation of Provisional Financial Statement

Client : Rexon Strips Ltd. (Cofounded by Late Shri. O.P. Jindal) Iron & steel Industry /statutory audit

Roles & Responsibilities

• Conducted check of Input Output Ratio and consumption; identified slow-moving and non-moving inventory
• Obtained an understanding of ageing of Debtor and Loans & Advances and determined the certainty of its recoverability
• Identified Provision for Expenses directly related to units of iron & steel plant to be made on accrual basis.
• Checking of compliances & return filing under GST, TDS, Professional Tax and Provident fund
• Checking of Accounts receivable & payable
• Ledger scrutiny
• Surprise check of inventory & cash
• Preparation of formal & Informal report

Client : Bohra Imports Pvt Ltd./ Juice & Bottling Plant: /statutory & Tax Audit

Roles & Responsibilities

• Obtaining understanding of AS-16 for capitalization of interest on loans taken for purchase of fixed assets.
• Obtaining understanding of accounting standard for Stock valuation of finished
• Goods & raw material
• Inventory valuation as per ICDS
• Ledger scrutiny
• Checking of compliances & return filing under GST, TDS, Professional Tax and Provident fund
• Checking of Accounts receivable & payable
• Provision of income & Expenses

Client: M/s Heritage./ Clothing & Fabrics Stores /statutory & Tax Audit

Roles & Responsibilities

• Responsible for major areas- Sales, Purchases, Selling Expenses, Payroll, and Tax Computation.
• Conducted quantitative reconciliation of stock
• Conducted in- depth checking of compliance of Statutory Dues.
• Preparation of branch wise report on profit & other ratios

Client: Arihant Dredging Developers Pvt. Ltd./ Dredging Services /statutory & Tax Audit

Roles & Responsibilities

• Obtained an understanding and audited the recognition of revenue as per AS-9.
• ICDS Compliance
• Responsible for major areas –Dredging Expenses, Payroll.
• Review on operational cycle for classification of Current & Non-current Assets & Liabilities

Client: Zullu Mechandise (P) Ltd./ NBFC Co. /statutory & Tax Audit

Roles & Responsibilities

• Assets Classification into Standard Assets & Non-Performing Assets
• Provision Requirement in case of Substandard Assets, Doubtful assets & Loss Assets
• Discloser in Balance sheet

Client: Gajpati Homes Private Limited./ Real Estate Sector. /statutory Audit

Roles & Responsibilities

• GST Compliance of Commission income
• Time of Supply of service for the purpose of Income Recognition
• TDS Compliance