Sammit Sathe

Field: Financial Audits.

• Led statutory annual audits of various private as well as public listed, unlisted companies.
• Also led limited reviews of public listed companies, ensuring timely submission regulatory authorities.
• Advised clients in light of complex IND AS framework related to accounting of specific financial statements line items - financial instruments, inventory, government grants.
• Prepared and reviewed financial statements for clients, ensuring adherence to applicable accounting framework.

Field : Taxation

• Led tax audits of various private as well as public listed, unlisted companies, firms/proprietary concerns - preparation of Form 3CA-3CD/3CB-3CD.
• Well versed with provisions of Income computation and disclosure standards (ICDS).
• Handled transfer pricing audits including filing of Form 3CEB.
• Experience in handling 'Prowess' software for extraction of comparable data.
• Filing of Form 15CA/15CB - for payment to non residents. Well versed with interpretation of DTAA treaties.
• Filing of Form 67 - claim of withholding foreign tax credit.
• Filing of Income Tax returns for individual assessees, companies, partnership firms/proprietary concerns & trusts.
• Filing and keeping track of appeals at appellate stages.
• Filing letters before Income Tax Department in response to notices received for refund adjustment, rectification.
• Delivered annual internal training sessions on tax audits.
• Contributed to internal training sessions on yearly Finance Bill.

Field : GST

• Preparation of monthly GST returns, as well as annual return - Form GSTR9 and reconciliation statement in Form GSTR9C.

Other fields -

• Compliance under RERA Act - certifying costs incurred towards residential/commercial projects for withdrawal of funds under regulations.
• Advised private limited company on provisions of buyback under Companies Act, 2013.

Field : Financial Audits

• Handled statutory audits of various private and public unlisted companies.
• Prepared and reviewed financial statements for clients, ensuring adherence to applicable accounting framework.

Field : Taxation

• Handled tax audits of various private as well as public listed and unlisted companies, firms/proprietary concerns.
• Filing of Form 15CA/15CB - payments to non residents.
• Filing of Income Tax returns of individual assessees, companies, partnership firms, proprietary concerns.

Field : GST

• Preparation of monthly GST returns, as well as annual return - Form GSTR9 and reconciliation statement in Form GSTR9C.

Other fields -

• Compliance under RERA Act - certifying costs incurred towards residential/commercial projects for withdrawal of funds under regulations.

• Assisted in audit of educational trust in the areas of expense, income vouching.
• Gained experience in filing of tax returns of individual assessees.