CA Makbulahemad Bariya

Experience

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  SHAH KOTHARI & ASSOCIATION

  Oct 2016 - Oct 2019

  Article Assistant

  (Renowned CA firm with 2 partners providing various services in diverse areas ranging from taxation, advisory services, and auditing & assurance)Taxation:- 1. Prepared and filed 400+ Income tax returns for a diverse client base having total income ranging from ₹ 1 lakh to ₹ 5 crores.2. Prepared and submitted Tax Audit Reports of different assesses consisting of Individuals, Firms, and Companies in Form 3CA-3CD & Form 3CB-3CD.3. Consulted clients regarding compliance with income tax provisions and advised on tax planning in matters like capital gain exemption, deductions, and TDS provisions.4. Computed and filed GST returns (GSTR-1 and GSTR-3B) along with reconciliation for a diverse range of taxpayers. Audit:- 1. Conducted Stock Audits of Corporate and Non-corporate clients engaged in various sectors like Textile and construction. 2. Core team member of the statutory audit of Bank of India Surat main branch.3. Core team member of the internal audit of NTPC Limited Surat branch.Miscellaneous:- 1. Participated in Client meetings, walkthroughs & update the documentation accordingly.2. Engaged in accounting work of individuals, partnership firms, and companies.3. Prepared and Finalized the Books of Accounts and Financial Statements.Understood the client base cases and review the supporting papers. Show less

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  Sanjeev Raj & Associates

  Aug 2021 - Sept 2022

  Tax Assistant

  (Leading firm with 5 Partners providing various services in diverse areas ranging from Direct tax, Indirect tax, andauditing & assurance).Direct Tax1. Prepared and filed 150+ Income tax returns for a diverse client base.2. Consulted clients regarding compliance with income tax provisions and advised on taxplanning in matters like capital gain exemption, deductions, and TDS provisions.Indirect Tax1. Computed and filed GST returns (GSTR-1 and GSTR-3B) along with reconciliation for adiverse range of taxpayers.2. Assisted clients in the identification of the nature of transactions and related tax ratesand other adjustments and tax planning.3. Handling the team of 5+ people, which manage the preparation of monthly/quarterly tax returns and ensured duly filing of the returns thereof. Show less

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  DAC & CO.

  Mar 2023 - Jan 2024

  Audit Associate

  Audit Assistant, DAC & Co., Surat.(Leading firm with 5 Partners providing various services in diverse areas ranging from Internal/Concurrent Audits, Statutory Audits, Tax consultancy, Credit Audits, Due Diligence and Stock Audits).Concurrent Bank Audit and Revenue Bank Audit: -1. Handled end to end Concurrent audit of several Nationalized, Public Sector, Private Sector and Co-operative banks which involved loan, deposits, cash and daily transactions verification.2. Independently performed out Revenue audit of a Public Sector bank which entails determining income leakage in the branches.3. Conducted concurrent audits of the bank's financial transactions, averaging 3 audits per month, ensuring compliance with regulatory standards and internal policies.4. Prepared 35+ detailed concurrent audit reports, offering real-time insights into findings, recommendations, and action plans for management and stakeholders.5. Prepared 02+ detailed revenue audit reports, offering real-time insights into findings, recommendations, and action plans for management and stakeholders.6. Participated in regular meetings with senior management, providing updates on audit progress, and discussing emerging risks to inform strategic decisions.7. Designed and conducted training sessions for junior auditors, focusing on audit methodologies, regulatory compliance, and report generation.8. Consistently met deadlines and managed time efficiently, handling concurrent audits. Show less

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  C. R. Sharedalal & Co.

  Mar 2024 - Aug 2024

  Senior Executive - Indirect Taxation

  Indirect Tax: -GST Compliance: -1. Computed and filed GST returns (GSTR-1 and GSTR-3B), ensuring accurate reconciliation for proprietorships, partnership firms, LLPs, and companies across a diverse range of taxpayers. 2. Assisted in the initialization and registration processes for proprietorships, partnership firms, LLPs, and companies with GST authorities. 3. Prepared and submitted GST RFD-01 applications for the refund of IGST on exports with payment of tax and the refund of ITC on exports without payment of tax. 4. Compiled and submitted Form GST ITC-04, tracking the movement of goods and capital goods sent to and received from job workers. 5. Managed the reversal of ITC under Section 18(6) for the disposal of capital goods and plant machinery after use ensuring compliance with GST.GST Advisory: -1. Prepared comprehensive GST Monthly Update Notes, covering a summary of the latest judgments, advance rulings, notifications, circulars, and other relevant updates.2. Developed detailed GST Advisory Notes for various transactions, including: 1. Reverse Charge Mechanism (RCM) on Director’s fees 2. GST implications on donations received by trusts 3. GST documentation requirements for samples sent to Nepal 4. Reverse Charge Mechanism (RCM) on renting motor vehicles 5. GST considerations for the supply of jewellery from one jeweller to another as Loans and Advances.GST Litigation: - 1. Prepared working documents and evidential support for drafting replies to Show Cause Notices (SCNs). 2. Submitted replies and supporting documents to the GST Department and attended personal hearings to explain and defend the submissions. Show less