RISHIT SHAH
Summary
CA and US CPA candidate with experience across audit, internal controls, and direct tax litigation, gained at Talati & Talati LLP and GK Choksi & Co, Ahmedabad. Worked on statutory audits, internal audits, and IPO compliance, and developed SOPs and risk and control matrices (RACM) for interim financial controls. On the tax side, handled search and seizure block assessments, drafting replies, stay of demand applications, and writ petitions, securing favourable orders for the large majority of assessees and substantially reducing tax demands. Also managed tax due diligence and return filing compliance, including returns in mergers and acquisitions, updated returns (ITR-U), and filings for listed and unlisted companies. Known for disciplined deadline management, accurate reporting, and handling clients under pressure.
Overview
1
1
Certification
2
2
years of professional experience
Work History
Article Assistant
G.K. Choksi and Co
Ahmedabad
07.2025 - 08.2026
- Drafted stay of demand applications, writ petitions, rectification applications, and detailed assessment replies, with the majority accepted by the authorities.
- Handled assessment and litigation matters that resulted in favourable orders for about 90% of assessees, reducing cumulative tax demands by over crores.
- Executed block assessments under Chapter XIV-B in search and seizure cases, covering reply drafting, return filing, and cash flow and peak working, to ensure compliance and timely resolution.
- Prepared and filed Returns of Income and updated returns (ITR-U) for listed and unlisted companies within statutory deadlines.
- Conducted tax due diligence and handled tax and return compliance for a merger transaction.
- Managed client communication during peak assessment periods, keeping clients informed and deadlines on track.
Articled Assistant
Talati & Talati LLP
Ahmedabad
08.2024 - 07.2025
- Performed statutory and tax audits for mid- to large-sized manufacturing clients, including steel and packaging companies, with revenue of about ₹500 crore each across three or more clients.
- Carried out analytical procedures, vouching, ledger scrutiny, and audit documentation in line with ICAI Standards on Auditing and Ind AS/IFRS Compliance.
- Drafted financial statements and audit reports in compliance with applicable accounting and legal standards.
- Handled GST reconciliations, TDS reviews, and income tax audits for corporate clients.
- Prepared IPO documentation, including certificates and supporting records, for IPO engagements.
- Conducted internal audits and developed SOPs and risk and control matrices (RACM) for interim financial controls at packaging manufacturing entities.
- Streamlined internal control testing procedures, reducing audit finalization time.
Trainee
Atulit One Stop Solutions
Gandhinagar
06.2024 - 07.2024
- Analyzed financial data to identify and resolve discrepancies, ensuring accuracy
- Assisted in preparation of financial statements and reports, contributing to timely financial reporting
- Conducted audits and ensured compliance with financial regulations
- Reviewed key principles of GST to ensure compliance and informed decision-making
Education
CA Inter group II -
The Institute of Chartered Accountancy of India
05-2024
CA Inter group I -
The Institute of Chartered Accountancy of India
05-2023
Bachelor of Commerce -
Gujarat University
03-2024
CA Foundation -
ICAI
05-2022
Class XII -
GSEB
05-2021
Class X -
GSEB
03-2019
Skills
- ERP proficiency
- Regulatory compliance
- Microsoft Office suite
- Problem solving
- Time management
- Multitasking ability
- Pressure handling
- Detail orientation
- Leadership and teamwork
- Adaptability
- Communication skills
- Quick learning
- Multitasking
Language
English, Hindi, Gujarati
Hobbies
Photography, Volunteering, Travelling, Attending clubs or meetups, Reading, Vedio Gaming
Projects
During my training at ICAI Ahmadabad, I had prepared different projects with the help of using different formulas and combinations in MS Office and Tally Prime., Book My Show | Gaming Site | Search Engines
Accomplishments
- Cleared CA Foundation with Exemption in Accounts
- Cleared CA Inter group 1 with Exemption in Accountancy
Certification
- NISM Series-IX
Timeline
Article Assistant
G.K. Choksi and Co
07.2025 - 08.2026
Articled Assistant
Talati & Talati LLP
08.2024 - 07.2025
Trainee
Atulit One Stop Solutions
06.2024 - 07.2024
CA Inter group II -
The Institute of Chartered Accountancy of India
CA Inter group I -
The Institute of Chartered Accountancy of India
Bachelor of Commerce -
Gujarat University
CA Foundation -
ICAI
Class XII -
GSEB
Class X -
GSEB