Summary
Overview
Work History
Education
Skills
Interests
Software
ACHIEVEMENTS
Timeline
Generic
Gaurav Khanal

Gaurav Khanal

Chartered Accountant
Bhopal

Summary

Chartered Accountant with expertise in Direct and Indirect Taxation, Internal and Statutory Audits, and Income Tax Returns preparation. Skilled in GST Returns, Annual GST Returns, and conducting GST Audits to ensure compliance with tax laws. Possess in-depth knowledge of TCS/TDS matters, SFT (Specified Financial Transactions) reporting, and related tax compliance processes. Adept at preparing Financial Statements in line with accounting standards and regulations. Proven ability to manage end-to-end audit processes and provide strategic insights for improved financial operations.

Overview

3
3
years of professional experience
2
2
Languages

Work History

Indirect Taxation(GST)

BCP JAIN & CO. CHARTERED ACCOUNTANT
Bhopal
04.2022 - 04.2025
  • Advised clients on GST applicability, compliance strategies, and transitional provisions.
  • Filed 20+ regular GST returns and completed 5+ full-scope GST audits.
  • Led GST Audit and Annual Return filing (GSTR-9 & 9C) for notable entities:
    Madhya Pradesh Madhya Kshetra Vidyut Vitaran Co. Ltd. (State Govt. Enterprise):
    Verified ITC claims, exemptions, and turnover.
    Drafted audit observations and ensured timely submission.
    Amul (GCMMF) MP & CG Units:
    Reconciled GSTR-1, GSTR-3B, GSTR-2A/2B with books of accounts.
    Addressed mismatches and resolved departmental audit queries.
    RSI Group (Industrial Manufacturing Group):
    Reviewed Place of Supply, RCM, and ITC compliance.
    Identified reporting gaps and advised corrections.

Direct Tax – Income Tax, TDS/TCS, SFT

BCP JAIN & CO.
Bhopal
04.2022 - 04.2025
  • Prepared and filed 200+ Income Tax Returns for Individuals, Firms, HUFs, Companies, and Trusts under normal and presumptive schemes (Sec 44AD, 44ADA, 44AE), including tax-exempt entities under Sections 11, 12A/12AA, and 10(23C).
  • Conducted Advance Tax calculations and ensured timely payments for diverse clients.
  • Executed and filed 90+ TDS/TCS returns, including corrections and validations.
  • Managed Form 3CA/3CB/3CD filings for businesses with income between ₹2 Cr to ₹15 Cr.
  • Provided advisory and compliance support for SFT reporting and Form 61/61A filings, including for M.P. Rajya Sahakari Bank:
    Identified transactions under Rule 114E (cash deposits, time deposits, etc.)
    Corrected previous consultant errors in SFT filings
    Uploaded validated declarations for PAN-exempt transactions
    Proposed internal controls and checklist design for improved future compliance.

Statutory, Internal & Tax Audit

BCP JAIN & CO.
Bhopal
04.2022 - 04.2025
  • Executed tax audits for 30+ clients, including MSMEs, trusts, and corporates with turnover from ₹40 lakhs to ₹80 crores.
  • Assisted in statutory and internal audits, covering vouching, verification of expenses, and key reconciliations (bank, inventory, ITC, etc.).
  • Created and executed audit plans, ensuring timely completion.
  • Prepared audit reports under Form 3CD, with detailed clause-wise disclosures.
  • Documented audit findings, and coordinated with client teams for data gathering and resolution.

Financial Reporting & Accounting

BCP JAIN & CO.
Bhopal
04.2022 - 04.2025
  • Prepared and finalized financial statements (BS, P&L, CF) in compliance with AS and Schedule III for companies, partnerships, and sole proprietors.
  • Conducted the finalization of books with adjustment entries, reconciliations, and ledgers cleanup.
  • Supported senior partners in closing balance sheet items for audit and tax reporting purposes.

Compliance, Advisory & Client Management

BCP JAIN & CO.
Bhopal
04.2022 - 04.2025
  • Delivered end-to-end GST, SFT, and Income Tax advisory for large corporate, co-operative banks, and public-sector entities.
  • Played a consultative role in optimizing tax strategies and improving compliance processes.
  • Liaised with clients and their teams to gather documents, resolve queries, and support filing deadlines.
  • Drafted observations, audit comments, and reports, and recommended process improvements for future accuracy.

Education

Chartered Accountant - Accounting, Auditing ,Taxation & Finance

The Institute of Chartered Accountants of India
Bhopal, India
04.2001 -

Higher Secondary - Physics, Chemistry & Mathematics

Oxford College
Butwal, Nepal
01-2019

Skills

  • Indirect Taxation Proficiency,

  • Direct Taxation Expertise,

  • Income Tax Returns Preparation,

  • GST Returns & Compliance,

  • TCS/TDS Management,

  • SFT Reporting,

  • Financial Statement Preparation,

  • Tax Planning and Advisory,

  • Analytical and Problem-Solving

  • GST Audits(GSTR-9C)

  • Annual GST Return(GSTR-9)

Interests

Power BI by Office Master - June'25

Advanced (ICITSS) MCS Course by ICAI – Mar’24

AICITSS - Advanced Information Technology by ICAI – Nov’23

ICITSS- Information Technology by ICAI – Apr’22

ICITSS- Orientation Course by ICAI – Mar’22

Software

Computax

ClearTax

Advanced MS Excel

Tally ERP

Powerpoint

ACHIEVEMENTS

  • Appreciated and awarded by Principal with a cash prize of ₹1,000 during articleship for outstanding performance and dedication.
  • Invited by the Commissioner of Income Tax Department to provide insights and suggestions for improving the SFT Reporting Portal; contributed ideas that influenced smoother filing mechanisms.
  • Recognized for identifying functional issues and improvement areas in the Income Tax SFT portal, leading to actionable feedback at the departmental level.
  • Winner of Mathematics Quiz Competition at school level, reflecting strong analytical and problem-solving abilities from an early age.
  • Awarded in School Cricket Tournament, showcasing team spirit and leadership in co-curricular activities.

Timeline

Indirect Taxation(GST)

BCP JAIN & CO. CHARTERED ACCOUNTANT
04.2022 - 04.2025

Direct Tax – Income Tax, TDS/TCS, SFT

BCP JAIN & CO.
04.2022 - 04.2025

Statutory, Internal & Tax Audit

BCP JAIN & CO.
04.2022 - 04.2025

Financial Reporting & Accounting

BCP JAIN & CO.
04.2022 - 04.2025

Compliance, Advisory & Client Management

BCP JAIN & CO.
04.2022 - 04.2025

Chartered Accountant - Accounting, Auditing ,Taxation & Finance

The Institute of Chartered Accountants of India
04.2001 -

Higher Secondary - Physics, Chemistry & Mathematics

Oxford College

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