Kanishak Soliwal

Goods and Services Tax (GST) Compliance:

• Successfully handled GST return filings (GSTR-1, GSTR-3B, GST CMP-08) for multiple clients.
• Performed GSTR-2B reconciliations, ensuring accurate ITC claims and compliance with GST regulations.
• Assisted clients in GST refund applications, including refunds under inverted duty structure and exports without payment of tax.
• Provided advisory services on GST implications, including RCM applicability, and ITC eligibility and Common ITC treatment under Rule 42 of CGST Rules, 2017.
• Worked closely with clients to resolve discrepancies between GSTR-1, GSTR-3B, and financial statements.

Income Tax Return (ITR) Filings & Tax Audits:

• Prepared and filed Income Tax Returns (ITRs) for individuals, firms, and corporate clients, ensuring compliance with tax laws.
• Conducted Tax Audits under Section 44AB of the Income Tax Act, including preparation of Form 3CD and supporting annexure.
• Assisted in drafting Tax Audit Reports with detailed observations on financial transactions, related party disclosures, and statutory compliance.
• Reviewed financial statements and accounting records to identify tax-saving opportunities and mitigate risks.

TDS Compliance:

• Advised clients on TDS provisions under the Income Tax Act, ensuring accurate deductions and timely payments.
• Managed TDS return filings while ensuring compliance with statutory deadlines.
• Conducted TDS reconciliations (Form 26AS vs. Books of Accounts) to resolve mismatches and notices.

Key Achievements:

Successfully filed and reviewed 1,000+ GST returns and 500+ Income Tax returns across multiple sectors during Articleship and post Qualification.

Assisted in resolving TDS mismatches and reconciliation issues, reducing tax liabilities and interest penalties for clients.

• Preparation of Statement 3 (Detailed Excel worksheet related to Invoices, Shipping bill, BRC/ FIRC in case of export of Services) under Rule 89(2)(b) and 89(2)(c) of the CGST Rules,2017.
• Computation of Maximum Refund available in Statement 3A under Rule 89(4) of CGST Rules,2017.

• Implement and configure SAP FI module according to project requirements.
• Conduct requirement gathering sessions and document functional specifications.
• Configure and test SAP FI module to meet client needs.
• Provide training and support to end-users.
• Troubleshoot and resolve issues related to SAP FI module.
• Collaborate with other SAP consultants to integrate FI with other SAP modules.

Indirect Taxation:
• Consulted with clients to assess and mitigate future tax liabilities and determine eligibility for ITC.
• Delivered comprehensive tax documentation required for accurate GST Returns.
• Assisted team to provide opinions on interpretation of provisions of CGST ACT, 2017 and IGST Act, 2017.
• Filed more than 700 GSTR 3B, GSTR-1.
• Provided consultations related to matters of blocked credit under section 17(5) of CGST Act,2017 in supervision of Principal.
• Handled team of 4 to 5 individuals, responsible for proper GST Return fillings and daily interactions with clients.

Direct Taxation:

• Managed monthly TDS computation and ensured timely TDS payments, along with the filing of TDS returns, in compliance with Income Tax Act provisions.
• Conducted TDS reconciliation with Form 26AS for multiple clients, identifying discrepancies and ensuring accurate tax credits during income tax return filing.
• Assisted in the preparation and filing of income tax returns for individuals, firms, and corporate entities, ensuring compliance with tax regulations.
• Supported in tax audit procedures, including data validation, ledger scrutiny, and preparation of required tax audit reports as per Section 44AB of the Income Tax Act.
• Coordinated with clients and tax authorities to resolve TDS mismatches, notices, and compliance-related queries.
• Stayed updated on changes in tax laws and regulations, ensuring adherence to the latest amendments and compliance requirements.

GST Assignments:

• Involved in Advisory and Compliance.
• Preparation of GST returns, Forms and Application for Registration.
• Assisted team in timely Reconciliation of Purchase ledger and GSTR-2A.
• Filed returns such as GSTR-1, GSTR-3B, GST CMP-08 through CompuTax software.
• Calculated taxes owed to deliver prompt payments in adherence with tax laws and governance.