RITU SHARMA
New Delhi
Summary
Aspiring professional committed to pursuing a career path that promotes both growth and development while leveraging skills and knowledge to enhance organizational success through innovative contributions and dedicated efforts.
Overview
12
12
years of professional experience
Work History
Direct Tax Lead
BharatPe
06.2023 - Current
- Led Direct Tax compliance covering advance tax, income-tax returns, tax audits, TDS/withholding and related regulatory requirements, including review of withholding applicability, rates and lower-tax certificates.
- Managed end-to-end Direct Tax matters, delivered strategic tax guidance, identified key exposures, and resolved compliance and tax-risk issues in a timely manner.
- Managed tax assessments, litigation and departmental matters, including notice reviews, preparation of submissions and coordination with tax authorities and external advisors.
- Advised on business and commercial transactions, evaluating Income-tax Act and treaty implications, withholding tax and tax-efficient structuring, including M&A transactions, business transfers, share acquisitions and restructurings.
- Reviewed tax provisioning, deferred tax, and tax accounting matters, collaborating with Finance, Legal, Treasury, and Accounts Payable teams to address tax implications of business initiatives.
- Drove tax research, process improvements and control initiatives; monitored legislative and judicial developments, strengthened risk mitigation and presented key tax exposures and business impact to senior management.
Assistant Manager - Direct Taxation
Price Waterhouse & Co. LLP
02.2023 - Current
- Provided tax advisory services to multinational clients on domestic and international tax laws, addressing capital gains, permanent establishment, TDS, employee secondment, equalization levy, royalty, and FTS matters.
- Supported full range of tax functions, from return of income, TDS compliance, advance tax, and assessments to litigation support in CIT(A) and ITAT proceedings.
- Analyzed tax treaty provisions and Income Tax Act requirements to develop tailored tax positions for diverse client needs.
- Managed urgent assignments and met tight deadlines on time-sensitive tax deliverables.
- Helped prepare and review tax returns and tax provision calculations.
- Worked with cross-functional teams to support tax compliance and reporting across multiple jurisdictions.
- Supported client representation during tax assessments and managed communications with tax authorities.
Consultant - Direct Taxation
Ernst & Young LLP
05.2022 - 01.2023
- Drafted factual and legal replies for tax department submissions during income-tax assessments and appellate proceedings, ensuring compliance and clarity.
- Supported appeal filings before CIT(A) and ITAT, contributing to the resolution of disputes and taxpayer rights.
- Prepared income computations and income tax returns, including income computation for financial statements under Indian Accounting Standards.
- Advised on monthly TDS liability and filed TDS returns for high-volume transactions.
- Reviewed intimations under Section 143(1) and computed refund amounts, facilitating timely tax refunds for clients.
- Kept the team updated on new tax developments and aligned the work with current compliance requirements.
Associate – Taxation
CoSage Advisors
08.2019 - 04.2022
- Secondment assignment with GlaxoSmithKline Asia Private Limited/GlaxoSmithKline Consumer Private Limited, Oct 2020 to Apr 2022 and Tower Vision India Private Limited, Sep 2019 to Mar 2020
- Collaborated with taxation team for both companies on direct and indirect tax matters to ensure compliance.
- Prepared factual and legal responses for income-tax assessment proceedings and rectification applications.
- Assisted in preparation of income computation, income-tax return, and income computation for financials under Indian Accounting Standards.
- Prepared tax compliance filings, including tax audit report, transfer pricing studies and reports, SFT return, and Form 15CA/CB.
- Compiled tax audit schedules with supporting documents and coordinated with tax auditors by sharing information.
- Monitored tax law changes and communicated updates to relevant teams, facilitating timely compliance adjustments.
- Supported direct tax lead with tax research and analysis to back tax positions.
- Prepared replies for GST notices issued by the the GST department.
- Responded to queries from supply chain and finance teams on GST impact across transactions.
- Supported indirect tax lead with tax research and analysis to back tax positions.
- Discussed ERP changes with a technical team based on the latest tax law updates.
- Discussed tax law updates with technical team to implement necessary ERP changes. for the latest developments required in ERP in view of any change in the tax laws.
- Assisted in preparing and filing SEIS application, providing detailed responses to deficiency memos to ensure compliance.
Article Assistant
DK Taneja & Associates
03.2015 - 03.2018
- Prepared and filed income tax returns for individuals, partnership firms, LLPs, trusts, and companies, ensuring accuracy and compliance.
- Processed and submitted tax filings, including VAT, GST, and TDS returns, contributing to timely compliance.
- Assisted with statutory and tax audits, ensuring compliance with accounting standards and regulations.
Education
CA FINAL -
ICAI
11-2018
B.COM(P) -
Delhi University
01-2015
CA IPCC -
ICAI
11-2014
CA CPT -
ICAI
06-2012
XII (CBSE) -
Adarsh Public School
01-2012
X (CBSE) -
Adarsh Public School
01-2010
Skills
- Direct tax compliance
- Advanced tax strategy
- Tax audits
- Tax advisory services
- Tax research
- Tax technology integration
- SAP and accounting software
- Well versed in MS Office
Personal Information
- Chartered Accountant, B.Com(P)
- Date of Birth: 1994-11-04
Languages
Languages known: English, Hindi
Hobbies and Interests
Hobbies: Travelling, Listening Music
Timeline
Direct Tax Lead
BharatPe
06.2023 - Current
Assistant Manager - Direct Taxation
Price Waterhouse & Co. LLP
02.2023 - Current
Consultant - Direct Taxation
Ernst & Young LLP
05.2022 - 01.2023
Associate – Taxation
CoSage Advisors
08.2019 - 04.2022
Article Assistant
DK Taneja & Associates
03.2015 - 03.2018
CA FINAL -
ICAI
B.COM(P) -
Delhi University
CA IPCC -
ICAI
CA CPT -
ICAI
XII (CBSE) -
Adarsh Public School
X (CBSE) -
Adarsh Public School