Our firm’s Managing Partner CA. Sumeet Khanna, is Second generation in the Firm of Chartered Accountants. An Honours Graduate from Delhi University and a Fellow Member of the ICAI. He was awarded by Chief Minister of Delhi Ms. Sheila Dixit, for his excellence in Auditing & Investigation. An Experienced Chartered Accountant with over 15 years of expertise in the areas of Business Analysis, Tax Planning, Tax Filings, Corporate Compliance & Advisory, Audit, Investigations & Reporting and Submissions to the Indian Tax & Regulatory Authorities. Proficient in the Setting up Business in India via Start-ups & Business Acquisitions, Obtaining Regulatory Approvals for Foreign Direct Investments & Liaison/Project Offices in India, Non Residents/ Expats Tax Advisory & Compliance''''s, Corporate Compliance''''s, Business Restructuring & Forensic Audits. A detail-oriented and resourceful individual with excellent communication and interpersonal skills, combined with an excellent understanding of complex tax & regulatory issues.
AREAS OF PROFESSIONAL EXPERTISE
Business Review and Analysis
Review and analyze cross-border tax issues, being mindful of key performance factors and short and long term business objectives.
Scrutinize financial reports and statements in order to identify opportunities and capitalize on savings through the advantageous use of tax planning.
Due Diligence for companies with respect to Income Tax Laws, Regulatory, Labour Laws, etc. and understanding accounting practices and internal systems for best company acquisitions.
Tax Advisory & Compliance
Prepare corporate and personal Income tax returns for Corporates & Income Tax Reurns for High Net worth Individuals.
Expert Advisory under Income Tax, Goods & Service Tax.
Manage Income Tax Audits and ensuring compliance in Tax Fillings.
Review issues involving the India- International Double Taxation Avoidance Treaties.
Compliance related to Tax Fillings and Clearances of Foreign Subsidiaries and Companies in India.
Representation before Tax Authorities for Assessments, Appeals & Other Litigation Matters up till the Apex Supreme Court levels.
Investigate complex issues such as individuals relocating to/from foreign countries, and considering the effect of the foreign holdings.
Perform tax due diligence reviews for mergers and acquisitions of corporates.
International Tax Advisory including tax issues of a corporation carrying on business in other jurisdictions.
Audit, Investigations & Reporting
Conduct Statutory, Tax and Internal Audit of Financial Statements of Corporates & High Net Worth Individuals.
Conduct Transfer Pricing Audits for Cross Border Transactions of Multi-National Corporations
Conduct Due Dilligence, Forensic and Limited Review of Financial Statements for Corporates and Multi-National Corporations.
Investigating Serious Frauds and Maintaining trails to unearth complex issues.
Reporting to Banks, Insurance Companies and Investigating Authorities on complex issues.
Prepare and maintain compliance of Annual and Quarterly compliance''''s with Regulatory authorities such as Reserve Bank of India and Insurance Regulatory & Development Authority.
Representation before Regulatory Authorities such as Reserve Bank of India to secure permissions and approvals for corporates, expats and individuals.
Representation before Tax Authorities for Assessments, Tax Issues, Lower Tax Rate Approvals.
Attended Workshops on Transfer Pricing Aspects, IFA
Attended Workshops on Royalty & Fee For Technical Services, IFA Information System Auditor (ICAI), 2003
Passed Direct Insurance Broker Exam, IRDA, 2003
Bachelor of Commerce (Hons.), Delhi University, 2001