CA Riddhima Talwar

Experience

• 

  PARM & Associates LLP

  Feb 2017 - Feb 2020

  Articled Assistant

  Indirect Tax• Managed the preparation of monthly/quarterly/annual tax returns of 50+ Clients & ensured duly filing of the returns thereof• Provided consultancy to clients with respect to tax payments & challan generation, issuing credit & debit notes, amendment of invoices, generation of the E-way bill• Prepared reconciliation statements for data as shown in GSTR 2A, 2B GST returns filed during the financial year & books of account • Prepared & filed GST annual returns & audits for the FY 2017-18 & 2018-19• Formulated a summary of ineligible/ Blocked ITC Transactions & unveiled an excess claim of ITC of 10% of the total ITC claimed which led to a penalty & interest liability on the auditee• Assisted clients in the identification of the nature of transactions, HSN/SAC Codes applicable & related tax rates and other adjustments• Advised the client in proper maintenance of books & accounts as per section 35 of CGST Act, 2017• Keeping clients updated with frequent changes • Involved in liaising with internal & external parties to resolve issues in relation to GST• Assisted in the initialization of the business, registration, amendment & cancellation thereof for 20+ corporate & non-corporate clients • Provided tax advisory regarding levy of tax, time of supply, place of supply and exemptions, Mixed Supply, QRMP Scheme• Developed standard operating procedures for the firm for GST Return filing & GST Audits.• Used ZOHO Books Software for GST CompliancesDirect Tax • Prepared tax computation & filed Income Tax Returns of firms and individuals• Framed replies against notices issued during assessment proceedings of clients• Handled work regarding appeals including dealing with clients, research work & drafting written submissions presented before CIT(A), ITAT• Participated in various cases of presumptive taxation• Reconciled income with 26AS, AIS• Researched about landmark judgements of Supreme Court & High Court to quote them in proceedings Show less

• 

  Creation

  Mar 2020 - Oct 2022

  Intern

  • Created plans & implemented solutions to improve efficiency & reduce cost• Supported various program activities, assisting with administrative tasks• Handled day to day accounting, book keeping etc • MSME Registration• Filed Income Tax Returns, monthly & annual GST Returns

• 

  NITYA Tax Associates

  May 2023 - Dec 2023

  Associate
• 

  Price Waterhouse & Co LLP

  Dec 2023 - now

  Associate