Nalini Palukuri

Article Assistant

Anuradha Prasad Associates

01.2017 - 01.2020

Executed Statutory and Concurrent Bank Audit
Assisted in the preparation of financial statements, certificates and reports ensuring accuracy and compliance with accounting standards and relevant regulations
Have been part of team in performing tax planning and analysis, optimizing tax returns for clients and reducing tax liability with careful planning and dynamic usage of income tax provisions
Executed various tax audits and internal audits
Performed substantive and analytical procedures along with test of controls using knowledge of standards of auditing while conducting audit of revenue and expenses
Involved in preparation of income tax returns of individuals and firms including calculation of capital gains in cases of immovable properties and securities
Have participated in compliances of regulatory functions like filing TDS returns
Have acquired good knowledge in auditing by conducting surprise cash verifications, gold loan verifications and security verifications
Have reported on capital adequacy ratio according to BASEL norms
Have performed ageing analysis on bank guarantees, debtors, and creditors
Have preformed analysis of trail balance to identify window dressing
Have ensured protection of bank interest by conducting thorough verification of loan documents
Prepared tax audit reports and ensured conformity with various provisions of The Income Tax Act,1961 as mentioned in Form 3CD
Have used effective tools like genius software for income tax and TDS in complex situations
Involved in advisory and compliance facets of income tax
Have prepared financial position certificate for visa interviews
Involved in timely preparation of monthly returns of GST
Have prepared ratio analysis report for various clients.