Sanjeev Ravishankar

Tax Diligence

• Preparation and self-review of Dealbook (1120, 1120-S, 1065, 5471, 8858, tax attributes, and Sch K-1 tabs).
• Drafting a TDD report, preparing structure decks through PPT and Visio.
• Performing data room inventory and updating the IRL tracker, drafting the call agenda, and attending client calls and diligence calls with the US team.

382 Studies

• Conducted in-depth Section 382 studies, involving the collection and analysis of extensive financial data, and SEC filings to determine ownership changes and potential Net Operating Loss (NOL) limitations.
• Developed and maintained detailed equity rollforward schedules, transaction chronology schedules, providing clear insights into equity movements and their impact on ownership structures.
• Streamlined the process of inputting transaction chronologies into financial models, enhancing data accuracy and efficiency in analysis.
• Drafted critical legal and tax correspondence, including shareholder inquiry letters.

Basis Studies.

• Worked on a full lifecycle of stock basis from the extraction of tax return to the report generation, which includes updating workpapers and support files.

Firm Initiatives.

• Developing Gen AI personas and tax structuring assignments in Gen AI.
• Participating in CSR activities conducted by the firm.

Achievements

• Worked on a stock-based project for 16 hours straight, leading to an appreciation from the senior manager in the U.S.
• Received appreciation from my Performance Manager and the secondee from the US, and a spot award for my performance.

• Headed statutory and tax audits of various companies, including clubs and charitable trusts.
• Preparation and review of the government company's standalone and consolidated financials as per IND AS.
• Worked independently on the finalization of accounts and the preparation of audit reports to ensure conformity with accounting standards (AS) and other statutory regulations.
• Preparation of workings and replies to the assessing officer's notice, and accompanying the team head for coordination with assessing officers.
• Gained good exposure in indirect taxation (GST) through handling multiple GST audits, monthly compliance, and annual returns (GSTR-9 and 9C).
• Closely worked in comparable studies, documentation, and filing of forms 3CB, 3CA, etc.
• Handled income tax, GST computation for various individuals, HUFs, partnership firms, and companies, including hotels of high net worth.
• Gained vast experience in advisory services relating to income tax and GST provisions.
• Prepared reports and materials to assist with audits.
• Enhanced client satisfaction by providing timely and accurate financial reports.