Swimming
Paaras Bansal
Inspector of Income Tax
IIM Calcutta
Summary
Brings solid foundation in analytical thinking and problem-solving. Demonstrates effective communication and teamwork skills. Proven track record of quickly adapting to new tasks and environments. Committed to maintaining high standards and ensuring quality in every assignment.
Overview
10
10
years of professional experience
5
5
Certifications
Work History
Inspector of Income Tax
Income Tax Department, Government of India
10.2015 - 04.2025
- Conducted over 80 high-profile Search & Seizure and Tax Evasion assessments, uncovering undisclosed income exceeding ₹350 Cr involving shell companies, penny stocks, and benami transactions.
- Detected and froze ₹100 Cr in assets of a firm engaged in ₹200 Cr worth of bogus transactions, in liaison with a major national bank.
- Interrogated CMD of a prominent corporation to expose ₹1,000 Cr in concealed income routed through 60+ accommodation entry providers.
- Drafted 80+ comprehensive Tax Evasion Appraisal Reports and managed high-stakes Revenue litigation cases at Tribunal and High Court levels.
- Actively assisted the Addl. Commissioner of Income Tax (Appeals) to resolve 400 cases of tax litigations between the Income Tax Department and taxpayers, helping liquidate a huge backlog of such cases in less than 5 months.
- Spearheaded a record management overhaul, analyzing and eliminating over 7,000 obsolete files to optimize physical storage and improve retrieval.
- Presided over a sensitive polling booth during the 2024 Lok Sabha elections, achieving 67% female and 69% overall voter turnout, ensuring free and fair elections.
- Led Quick Response Teams to monitor and prevent cash misuse during Union and State elections, enhancing transparency and enforcement.
- Proficient in Departmental software such as TRACES, ITBA and INSIGHTS
- Improved enforcement efficiency in other cases of TDS/TCS, Advance Tax collection, Scrutiny Assessments and Field Tax Recovery
Education
Bachelor of Technology (BTech) - Mechanical Engineering
D.C.R.U.S.T, Murthal
Sonipat, India 1 2007 - 1 2011
Skills
- Tax Investigation & Litigation
- Strategic Planning
- Financial Forensics
- Compliance & Recovery Management
- Stakeholder Liaison
Certification
Induction Training for Inspectors, DTRTI, Lucknow, 12 weeks
Awards
- Secured AIR 297 (99.98 percentile) in the fiercely competitive Combined Graduate Level Examination conducted by the Staff Selection Commission and got selected as an Inspector of Income Tax in 2015
- Second Prize for 'Best Direction of Drama', North Zone Revenue Cultural Meet, 2016
- Silver Medal in Backstroke and Bronze Medal in Breastroke Swimming, Central Revenue Sports Meet, 2017
- First Prize for National Science Day Quiz, DCRUST, Murthal, 2010
- First Prize for RoboFootball Contest, Aranya, 2009
- First Prize for Mech. Engg. Technical Power Point Presentation, Technova, 2009
- First Prize for RoboBasket Contest, Technova, 2009
- Second Prize for Green Quiz, Rhythm, 2009
- First Prize for Chem. Engg. Technical Power Point Presentation, Technova, 2008
- First Prize for National Science Day Quiz, DCRUST, Murthal, 2008
Extracurricular Engagements
- Team Captain, Robotics Teams at NIT Kurukshetra and JMIT Radaur
- Core Committee Head (Hospitality), Technical Fest, DCRUST Murthal
- Volunteer, Campaign Against Female Foeticide – Sarthi NGO, Karnal
Interests
Watching Documentaries
Exploring new destinations
Listening to music
Timeline
Seminar on TDS & TCS, DTRTI, Lucknow, 1 week
12-2018
Induction Training for Inspectors, DTRTI, Lucknow, 12 weeks
03-2016
Inspector of Income Tax
Income Tax Department, Government of India
10.2015 - 04.2025
Industrial Training, DCR Thermal Power Plant, Yamunanagar, 6 weeks
07-2010
Diploma in 3D Modelling, CADD Centre, Karnal, 4 weeks
06-2010
AUTOCAD Training, HARTRON, Panipat, 8 weeks
06-2008
Bachelor of Technology (BTech) - Mechanical Engineering
D.C.R.U.S.T, Murthal
1 2007 - 1 2011
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