Pravesh Kumar Vats

• Responsible for timely deduction, deposit, and filing of TDS returns (Form 24Q, 26Q) as per Income Tax Act, 1961

• Ensured accurate deduction and deposit of TDS for employee salaries, contractor payments, professional fees, and rent across regional offices.

• Managed Pan-India TDS compliance for a company with operations across multiple states.

• Coordinated with internal teams and external consultants to manage TDS-related queries and notices from various Income Tax jurisdictions.

• Generated and issued TDS certificates (Form 16, Form 16A) to employees and vendors.

• Ensured TDS compliance and reconciliation with Form 26AS using TRACES portal.

• Assisted in quarterly and annual tax audits, providing relevant TDS documentation.

• Formulating, Finalizing & Filling GST Returns, Handled work related to GST Registration, Returns, advising client about related provisions, implementing GST at Client’s end.

• Lead GST Audit and filling of annual returns under GST Act.

• Involved in Designing of GST audit program, guidance and supervision of team members.

• Finalization of Balance Sheet as per the provisions of Companies Act and Accounting Standard.

• Maintaining and preparing TDS/TCS monthly deductions, Payment according to the section defined as per the Income tax act and filling of quarterly return.

· Accounting and assisting in finalizing of undertaking Book Keeping of Clients.

· Reconcile debtors and creditors accounts, and bank statement.

• Supported the Accounts Receivable team in recovering lost revenue through diligent research and communication efforts.
• Reduced outstanding debts by diligently following up on overdue invoices with clients.

· Conducted audits in accordance with auditing standards for a wide range of clientele along with planning, executing and finalizing all areas of audit assignment.

· Executed the taxation and audit related work in a team in preparing Income Tax returns for all types of assesses viz. Companies, Firms, and Individuals.

· Formulated, Finalized & Filled GST Returns, handled work related to GST registration, returns, advising clients about related provisions, implementing GST at client’s end.

• Prepared reports and materials to assist with audits.
• Enhanced client satisfaction by providing timely and accurate financial reports.
• Conducted internal audit assignments identifying control weaknesses and providing recommendations for improvement, leading to strengthened financial systems.

· Evaluated design and operating effectiveness of audit areas using vouching and reconciliation.

· Prepared reports to highlight the issues and problems of the organization and delivered those reports to appropriate parties.

Completed audit papers by thoroughly documenting audit tests and findings