Rohit Arora

About Rohit Arora

I had started my journey in this field of Finance, Audit and Taxation in 2012 as an associate assistant with M/s Sanjay Tandon & Associates, Chartered Accountants and got the experience in the fields of a) Statutory, Internal and Revenue Audits. b) Income Tax, Withholding Tax including Litigation, Appeals etc.c) Capital Budgeting and Ratio Analysis.Since 2016, I am Practicing at \'Rohit Arora & Company\'(Chartered Accountants) and providing services along with my team in the fields of,# Indirect Taxation (VAT, Goods & Services Tax),# Financial Reporting including assurance of due compliance with applicable Accounting Standards and other Regulatory Compliance.# Direct Taxation including Withholding Tax,# Data Analysis w.r.t Credit Monitoring Arrangements, Financial Ratios and Capital Budgeting etc.# Net Worth Reports including Valuation services.# Audit and Assurance including Internal & Revenue audits.Core Areas:# Edge in providing Advisory, Consultancy and Representation services w.r.t. following activities.# Valuation, Classifications under Goods & Services Tax (GST).# Blocking and restrictions on Input tax credit under GST.# Exemption & Taxation of Charitable Trusts under Income Tax Act.# TDS including TCS Compliance and Consultancy.# Credit Monitoring Arrangements along with facilitation for Loan.# Corrections w.r.t. Credit Information Bureau (India) Limited (CIBIL) Report.# Representational & Appellate work under Income Tax Act.

Experience

1. Chartered Accountant in Practice

   Arora Khosla & Associates

   Apr 2016 — Present · Hoshiarpur, IN

   Rohit AroraFCA with more than five years of experience in VAT, Goods & Services Tax, Internal Audits, Litigation & Appellate Matters.2016 - Present I qualified as Chartered Accountant in Nov. 2015 and before that i had worked as an associate assistant with M/s S. Tandon & Associates and there i had handled the following assignments along with my team.# Internal Audit of a unit of M/s Reliance Industries Ltd.# Internal Audit of M/s JCT Ltd.# Revenue Audit of M/s Reliance Communication# Stock Audit of Big Bazaar, More Superstores etc.# Financial Audit of Educational InstitutesProfessional Membership: Member of Jalandhar Branch of NIRC (ICAI)Since 2016, I am engaged in providing following services # Indirect Taxation (Especially in the arena of VAT, Goods & Services Tax) I have played a role in migration of many of my clients from Old Indirect Tax Regime to Newly implemented GST system and continuously working to ensure their all compliances.# Direct Taxation, which includes filing of Annual Income Tax Returns, Audit, Withholding Tax and related compliances.# Management of Accounts and Financial Reporting including Preparation of consolidated Financials of an organization and compliance with GAAP.# Management Consultancy Services W.r.t. Product Pricing Decisions, Capital Budgeting Analysis, capital\'s Cost and Ratio Analysis etc.# Preparation & Analysis of Credit Monitoring Arrangements Data (Project Reports for making credit arrangements)# Independent Financial Audit, Internal Audits and Audit under various statute like GST, Income Tax Act # Incorporation of entities be it a Partnership firm, Society, Company, Trust, HUF, AOP etc.# Advising clients across diverse areas in the matters of Investments, Tax compliance, Tax planning, Tax Litigation and advisory services w.r.t. formation, succession, dissolution of business keeping in mind the tax benefits.

Education

• Indira Gandhi National Open University

  Master's degree

  2016 — 2017

• Panjab University

  Bachelor of Commerce - BCom

  2009 — 2012

• The Institute of Chartered Accountants of India

  Chartered Accountant

  2010 — 2015