CA. V J Anand Rao has over 12 years of post qualification experience with large corporates in different sectors, in the fields of Internal Audit & Control, Statutory Audit, Tax Audit, Financial Accounting & Management, Financial Reporting under both Indian GAAP and US GAAP, and Corporate Tax Planning.
Statutory Audit under the Companies Act 1956
Systems Study – Review and Introduction
Tax Audit and VAT Audit
Stock Audit, Credit Audit, Concurrent Audit, Compliance Audit and Statutory Audit for commercial Banks, apart from clients.
Advisory on Project & Capital Structuring (including private equity, venture capital and FDIs).
Financial Structuring and Debt Syndication.
Assistance in due diligence.
Strategic/Financial Partner Search.
Advisory services on products on Corporate loans including Term Loans, working capital borrowings, securitisation, Loans against receivables and other structured products
Advisory services on trade finance products like Buyers’ Credit, Suppliers’ Credit, Sales/Purchase Bill Discouting, Factoring, etc.
Valuation of business.
Conduct Techno-Economic Viability (TEV) studies on behalf of corporates and banks.
Advisory on handling HR Policies and HR practices.
Preparations of Project Reports.
Preparation of CMA data for bank loans.
Private placement of shares, Inter-Corporate Deposit, Terms loans, working capital limits, etc.
External Credit Borrowings (ECBs).
Accounting System Design & Implementation.
Asset Accounting Management.
Depreciation and Amortization Schedules.
Consultancy on various intricate matters pertaining to Income tax.
Effective tax management, tax structuring and advisory services.
Tax Planning for Corporates and others.
Designing / restructuring salary structure to minimise tax burden.
Obtaining Advance tax Rulings.
Obtaining No Objection Certificates from Income tax department.
Obtaining PAN for assessees, employees etc.
Advance tax estimation and deposit.
Assessing the liability towards deferred taxes.
Providing regular updates on amendments, circulars, notifications & judgments.
Filing Income Tax and Wealth Tax returns for all kinds of assessees.
Filing Income tax returns for employees of corporate clients.
Liaison with Income tax department for rectification, assessment, obtaining refunds etc.
Expertise in complicated direct tax assessments.
Filing and pleading appeals under various provisions of IT Act.
Special expertise in search, seizure and prosecution litigation.
Advice on future tax implications in respect of the potential acquisition.
Opinions on the various Double Tax Avoidance Agreement related issues.
Settlement of various issues raised under FEMA.
Advice on all matters related to compliance of TDS/TCS provisions.
Obtaining Tax Deduction Account Number (TAN).
Periodic review of TDS/ Withholding Tax compliance.
Computation of monthly TDS.
Monthly reconciliation of TDS due and deposited.
Monthly deposit of TDS electronically/manually.
Issue of monthly/annual TDS certificates.
Filing of quarterly E-TDS/Manual Returns.
Filing of Correction Statements.
Registration under Service tax.
Consultancy for maintenance of proper records.
Consultancy for proper accounting for Service tax.
Consultancy on various issues relating to Service Tax.
Compilation of data of Cenvat credit.
Assistance in availment of notified Abatements.
Utilization and availment of service tax credit in accordance with the Service Tax Credit Rules, 2002.
Computation of Service tax payable.
Preparation and filing Returns.
Getting assessments done.
Incorporation of company.
Consultancy on Company Law matters.
Planning for Mergers, Acquisitions, De-mergers, and Corporate re-organizations.
Filing of annual returns and various forms, documents.
Clause 49 review for compliance with fiscal, corporate and tax laws.
Secretarial Matters including share transfers.
Maintenance of Statutory records.
Consultancy on Public/Rights/Bonus Issue of shares.
Change of Name, Objects, Registered Office, etc.
Preparation of Monthly Salary Sheet.
Deductions as per applicable laws like Income Tax, Provident Fund, Professional Tax etc.
Computation and deposit of TDS, ESI, PF etc.
Disbursement/ Online Payment of Salary.
Pay slip by password protected e-mail.
Reimbursement of telephone, medical bills etc.
Issue of Form 16 to employees.
Periodic Reconciliation of payments/statutory deductions etc. with books of accounts.
Administration of gratuity, superannuation, pension schemes etc.