Gaurav Wadhwa
Chartered Accountant
Faridabad
Summary
A Versatile Leader With Experience In Multiple Industries Including IT, Telecom And Real Estate With Risk Aversion Strategies, Tax Reduction Options. Decisive And Persuasive Communicator With Problem-Solving, Understanding Of Applicable Laws, Regulations, Leads External Audits And Negotiations With Government Jurisdictions, Effectively Builds, Develops, Mentors, And Leads High-Performance Teams, Implementation Of Tax Strategies That Minimize The Incidence Of Tax
Overview
19
19
years of professional experience
Work History
Head - Tax
Idemia Syscom India Private Limited
11.2022 - Current
- Develop an effective tax planning strategy to manage taxes including transfer pricing analysis/documentation
- Design, develop and implemented new transfer pricing standard operating procedure and policies
- Prepared tax memos defending tax positions to the auditors and tax authorities and produced documents in support of tax positions challenged by tax authorities
- Manage and assist with tax planning and tax implications of any proposed acquisitions, restructurings and corporate development
- Maintained relationships with external tax advisers and supported audits and special tax-related projects resulting in 50% reduction in external tax adviser fees
- Provided tax-related guidance to internal departments and ensured tax compliant implementation of new initiatives resulting in 100% compliance
- Monitored tax law developments and created strategies to capitalize on changes resulting in tax savings
- Managed preparation and filing of income tax returns and GST returns resulting in 100% compliance
- Analyzed actual financial results to budgets, preparing variance reporting to functional groups
- Drafted intercompany supply, services and other agreements
- Preparation of month end provisions and deferred tax computations and reporting of tax packages
- Assist in the improvement of tax accounting and compliance processes and reporting systems and related internal controls
- Manage, develop, train, and mentor staff
General Manager - Taxation
Bharti Airtel Limited
04.2012 - 10.2022
- Designing tax structuring models in order to enhanced tax planning, utilization of GST credit and to manage cash tax payments for the group as a whole and finalizing the current and deferred tax provisioning
- Representing company in various summons issued by various Income tax / GST / VAT departments across India
- Representing before appellate authorities including Income tax Appellate Tribunal
- Handling litigation for the company including finalization of technical submission and working extensively with legal counsels
- Planning and assisting merger and acquisition and other reorganization for tax optimization including providing critical information necessary to save tax outflow
- Monitoring GST annual return, corporate tax return and transfer pricing certificate including evaluating tax positions - Benchmarking transfer pricing for new transactions introduced
- Received Diamond Award for representation successfully engaged with the department in respect of assessment and convinced the Department to drop special audit proposal
- Received Diamond Award for successfully handling litigation before Tribunal resulting in risk mitigation of INR 41bn & favourable outcome in TP assessment resulting in risk mitigation of INR 5bn
- Received Gold Award for representation before the income tax authorities and getting income tax refunds of INR 4bn
- Received Silver Award Corporate tax assessment of Airtel and securing a favourable outcome at the ITAT resulting in quashing of demand of more than INR 30bn.
Manager
CSC India Private Limited (DXC Technology)
09.2010 - 02.2012
- Representing before revenue authorities during the course of Direct tax and Transfer Pricing and Service Tax proceedings
- Drafting objections / appeal documents / submissions for appeals and representation before Appellate Authorities
- Successfully represented for Income Tax and Service Tax refunds
- Preparation and filing of the corporate return of income and computation of quarterly advance tax
- Handling tax compliance of expatriate clients involving preparation and revision of estimated tax returns of the expatriates
- Responsible for maintaining documentation relating to transfer pricing and administering transfer pricing assessments.
Deputy Manager
Deloitte Haskins & Sells
07.2006 - 08.2010
- Representing clients in connection with various hearing including assessment proceeding before the Income tax department
- Framing various opinions on direct tax matters and conducting tax due diligence
- Prepared submission and represented before the Appellate authorities on behalf of clients
- Advising on regulatory implications i.e FEMA in respect of setting-up business presence in India
- Framing application and liaising with the RBI for setting up of branch office / project office of the foreign company
- Tax provision under US GAAP in compliance with FAS 109 and FIN 48
- Preparation and filing of the corporate return of income, computation of quarterly advance tax and preparation of withholding tax returns and returns of the expatriates.
Manager
Ansal Housing & Construction Limited
02.2005 - 06.2006
Education
Chartered Accountant - undefined
ICAI - The Institute of Chartered Accountants of India
New Delhi, IndiaBachelor of Commerce (Honours) -
Delhi University (DU)
New Delhi, IndiaSkills
Innovative Tax Planning
Transfer Pricing
Tax Litigation
Tax Department Relations
Dispute ResolutionsRegulatory AuditingInvestor QueriesGoods and Service Tax / VAT Due Diligence & ComplianceCross-Functional CollaborationDetailed OrientedStrategic LeadershipAudit managementMentorshipAdaptabilityAnalytical MindsetEmotional intelligenceGoal settingConstructive feedbackConflict management and resolutionPeople ManagementDependabilityCritical observationTechnical writingWebsites
Personal Information
Date of Birth: 05/03/78
Disclaimer
The Above Information is True & Best of my Knowledge
Timeline
Head - Tax
Idemia Syscom India Private Limited
11.2022 - Current
General Manager - Taxation
Bharti Airtel Limited
04.2012 - 10.2022
Manager
CSC India Private Limited (DXC Technology)
09.2010 - 02.2012
Deputy Manager
Deloitte Haskins & Sells
07.2006 - 08.2010
Manager
Ansal Housing & Construction Limited
02.2005 - 06.2006
Chartered Accountant - undefined
ICAI - The Institute of Chartered Accountants of India
Bachelor of Commerce (Honours) -
Delhi University (DU)