CA Poojitha Cherukupalli

TAXATION:

• Prepared tax audit reports for over 50 clients, including individuals, firms, and companies using Forms 3CA-3CD and 3CB-3CD for turnovers between 5 crore and 100 crore.
• Filed more than 100 income tax returns for clients with total incomes ranging from Rs. 100 to Rs. 1 crore.
• Managed preparation and filing of TDS returns for salary, non-salary deductions, and immovable property sales.
• Advised clients on compliance with TDS provisions, including sections 194C and 192, resolving related issues.
• Handled TDS and TCS return filings, reconciling discrepancies with Form 26AS and AIS.
• Issued 15CB certificates and filed 15CA forms for international remittances.
• Provided tax advisory services and planning for clients in sectors such as manufacturing, IT, and NGOs.
• Represented clients during assessments and scrutiny proceedings before Income Tax Officers and CIT(A).
• Drafted and filed appeals under the Income Tax Act for disputed tax demands.
• Assisted charitable institutions in obtaining 12AA registration, ensuring compliance with relevant provisions.
• Knowledge of DTAA, Methods of Arm Length Pricing, Advance ruling and FEMA

Statutory Audit:

Performed statutory audit of government sector, private sector, and banks.

Analyzed draft financial statements, including notes to accounts of companies, and scrutinized compliance with TDS as well as applicable accounting standards.

● Scrutinized ledgers, reconciled debtor and creditor balances, and vouched income and expenditures.

● Ensured timely and accurate MCA filings, including AOC-4, MGT-7, and other ROC forms.

Miscellaneous:

• Prepared books of accounts and financial statements as per Accounting Standards and Schedule III, including cash flow statements of corporate entities having turnover ranging from Rs. 10 lakhs to Rs. 50 crores and also undertook compliance audits.
• Internal audit of Jumbo Bags Ltd saved a revenue leakage of 2 cr.
• Concurrent audit of the SBI overseas branch.
• Filed GSTR 1, GSTR 3B, and GSTR 9 and Income Tax Returns & Forms of various Individuals and Companies.