Maajid Shaikh
Mumbai
Summary
Senior Executive – Audit and Direct Tax.| D. Kothary & Co.
Results-driven finance professional with hands-on experience in executing statutory and tax audits, corporate tax planning, and regulatory compliance. Adept at managing direct tax matters, GST compliance, and VAT filings for UAE clients. Proven ability to analyze complex financial data, identify risk areas, and deliver actionable insights. Known for a collaborative approach and strong communication skills that support accurate financial reporting and effective client advisory services.
Key Expertise:
- Statutory and Tax Audits (India)
- Direct Tax Compliance and Planning.
- UAE VAT Filing & FTA Compliance.
- Financial Statement Preparation (Ind AS and IFRS)
- Client Relationship Management.
Overview
12
12
years of professional experience
1
1
Certification
Work History
Senior Executive Audit & Direct Tax
D. Kothary & Co.
Mumbai
09.2023 - Current
- Executed statutory audits and tax audits for a diverse client portfolio, including listed companies and partnerships.
- Managed direct and indirect tax compliance across various sectors, such as manufacturing, trading, IT, and services.
- Oversaw audit processes to ensure adherence to regulatory standards, and accuracy of financial reporting.
- Conducted tax planning and advised clients on corporate restructuring, capital gains, TDS compliance, and optimization strategies.
- Assisted in the preparation of advance tax workings and deferred tax calculations.
- Audit and VAT Compliance – UAE Clients.
- Managed VAT compliance for clients in the UAE across sectors such as trading, services, and logistics, in accordance with Federal Tax Authority (FTA) regulations.
- Prepared and filed VAT returns (Form 201) on the FTA portal, ensuring timely and accurate submissions.
- Conducted VAT reconciliations between financial statements, input-output tax registers, and supporting documentation.
- Advised clients on the taxability of transactions, the place of supply, zero-rating (exports), the reverse charge mechanism (RCM), and the VAT impact on inter-GCC trade.
- Conducted and supported external audits of Dubai-based entities in compliance with International Financial Reporting Standards (IFRS).
- Prepared audit working papers, management reports, and financial statements as per IFRS and UAE commercial law.
Article - ICAI
D. Kothary & Co.
Mumbai
09.2020 - 08.2023
- Assisted in statutory audits, tax audits, and internal audits for clients across various sectors, including manufacturing, trading, and service industries.
- Supported audit planning, execution, and reporting as per Indian GAAP, and relevant standards (AS/Ind AS).
- Supported GST return filing (GSTR-1, GSTR-3B), and GST reconciliations.
- Engaged in client meetings, helped resolve audit and tax queries, and coordinated directly with client teams.
- Gained practical exposure to accounting software like Tally, Zohobook, Xero, Quickbook and MS Excel-based reporting tools.
Indirect Taxation Executive
D. Kothary & Co.
Mumbai
07.2017 - 08.2020
- Managed end-to-end GST compliance for clients and the organization, including the preparation and timely filing of GSTR-1, GSTR-3B, GSTR-9, and GSTR-9C.
- Conducted GST reconciliation between books of accounts, GSTR-2A/2B, and purchase registers to identify mismatches and ensure ITC accuracy.
- Advised internal teams and clients on the applicability of GST on transactions, the classification of goods and services (HSN/SAC), the place of supply, and tax rate applicability.
- Tools & Systems used - GSTN Portal, Excel (advanced), Tally ERP, SAP (if applicable), and other accounting/tax software.
Direct Tax
D. Kothary & Co.
Mumbai
08.2015 - 06.2017
- Prepared and reviewed corporate income tax returns for individual clients.
- Handled TDS compliance – preparation, review, and filing of quarterly TDS returns (Form 24Q, 26Q), issuance of Form 16/16A, and reconciliation with Form 26AS and books.
- Assisted in advance tax calculations, self-assessment tax workings, and timely remittances.
- Prepared tax audit reports in Form 3CD, including annexures and working papers, in accordance with Section 44AB.
- Tools & Software - Excel, Tally ERP, Winman, Computax, Spectrum, TRACES, and Income Tax e-filing portal.
- Assisted in VAT/CST return filing and assessments (for older periods if applicable).
Accountant
M. H. Khambaty & Co.
Thane
06.2013 - 07.2015
- Recorded day-to-day financial transactions, including sales, purchases, receipts, and payments, in accounting software.
- Maintained and reconciled bank statements, cash books, and ledgers on a regular basis.
- Assisted in accounts payable and receivable processing, including invoice preparation, vendor reconciliation, and follow-up for outstanding dues.
- Handled monthly closing activities, including trial balance, ledger scrutiny, and provisional entries.
Education
Bachelor in Commerce - Commerce
St Joseph Senior Collage
Virar, Mumbai03-2013
Junior Collage - Commerce
St Joseph Junior Collage
Virar, Mumbai03-2010
High School Diploma -
St Joseph High School
Virar, Mumbai03-2008
Skills
Technical skills
- Statutory and tax audits
- Tax compliance
- Financial reporting
- Tax planning
- VAT compliance for UAE-based client
- Income tax returns (ITR filing)
- Report preparation
- TDS returns and compliance
- Depreciation and fixed asset accounting
Software proficiency
- Tally ERP 9, Tally Prime
- MS Excel (VLOOKUP, pivot tables, reconciliations)
- Zoho Books, QuickBooks, and Xero
- Winman, Computax
- Traces, GSTN, and Income Tax Portal
- FTA portal (UAE VAT)
Languages
Hindi
First Language
Certification
- Tally
Timeline
Senior Executive Audit & Direct Tax
D. Kothary & Co.
09.2023 - Current
Article - ICAI
D. Kothary & Co.
09.2020 - 08.2023
Indirect Taxation Executive
D. Kothary & Co.
07.2017 - 08.2020
Direct Tax
D. Kothary & Co.
08.2015 - 06.2017
Accountant
M. H. Khambaty & Co.
06.2013 - 07.2015
Bachelor in Commerce - Commerce
St Joseph Senior Collage
Junior Collage - Commerce
St Joseph Junior Collage
High School Diploma -
St Joseph High School
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<ul><li>Projections / project reports</li><li>CMA Reports</li><li>Appeals before Income Tax Department</li><li>Appeals before GST Appellate</li><li>Tax audits</li><li>Statutory audit of Govt banks</li><li>Revenue Audit</li><li>Concurrent Audit</li><li>GST Audit</li><li>GST return</li><li>Income Tax Returns</li><li>Data analysis</li><li>Adding data through tally</li></ul> at Neeraj Mohinder Garg & Co.<ul><li>Projections / project reports</li><li>CMA Reports</li><li>Appeals before Income Tax Department</li><li>Appeals before GST Appellate</li><li>Tax audits</li><li>Statutory audit of Govt banks</li><li>Revenue Audit</li><li>Concurrent Audit</li><li>GST Audit</li><li>GST return</li><li>Income Tax Returns</li><li>Data analysis</li><li>Adding data through tally</li></ul> at Neeraj Mohinder Garg & Co.