Kunal Verma

About Kunal Verma

Chartered Accountant with around 20 years of experience in the fields of Finance & Taxation.

Experience

1. AVP Finance (Head Taxation)

   Den Networks Limited

   Nov 2011 — Present · New Delhi, IN

   To lead the Tax function of Den and its 56 subsidiaries and exercise controllership over the compliance, litigation and advisory in the matters related to Direct taxes and Indirect taxes.• Lead GST implementation of Den and its subsidiaries, making SAP, Tally GST ready with its integration with ASP• Function as integral member of the organization with full responsibility for tax reporting, compliance, advisory and litigation support in the areas of Corporate Income-tax, Goods & Service Tax (GST) of 13 States, Value Added Tax (VAT) of 13 States, Service tax, Entry Tax, Entertainment Tax, Domestic Transfer pricing, Expatriate/International Tax, Withholding tax compliance (TDS), tax on cross border transactions• To develop and maintain rapport with the tax authorities in Direct taxes and Indirect taxes• Ensuring advisory to Business with technical accuracy and solution approach keeping intact the compliance status, tax planning/ advising on tax implications• Drafting of Replies/Appeals, Appearance before Tax Authorities in Assessments, Audits & Appeals • Preparation of necessary tax schedules/reports for Statutory & Tax Audits• Monthly Tax MIS on compliances & litigations to stake holders • Liasoning with Statutory, Tax & Transfer Pricing Auditors and Tax Consultants• Executed income tax refunds of Rs. 300 Cr. • Getting Lower Withholding Tax Certificate @ 0.01% thereby upfront savings of cash flow by Rs. 40 Cr each year from last 3 years.• GST Automations for end to end automated filing of GSTR 1 & GSTR 3B with automated calculations for reversals under rule 37 & 42 of the CGST Rules, 2017• Structured the business transactions in such a way to enable savings of service tax• Handled TDS survey of the Company, Service Tax Anti Evasion & DGGI matters• Tax Planning in Mergers & Demergers• Handled various tax due diligences (for raising funds from Goldman Sachs & Reliance Jio)

Education

• The Institute of Chartered Accountants of India

  Certificate Course in Goods & Service Tax, Goods & Service Tax

• Panjab University

  B-Com, Commerce

  1999 — 2001

• The Institute of Chartered Accountants of India

  CA, Finance

  2001 — 2004

• The Institute of Chartered Accountants of India

  Diploma in International Taxation, Transfer Pricing & International Taxation

Skills

• Internal Audit
• Target Costing
• Corporate Tax Planning
• Financial Analysis
• Indirect Taxation
• Variance Analysis
• Auditing
• Team Management
• Tax
• Accounting
• Mis
• Cash Flow
• Business Planning
• Financial Reporting
• Finance
• Consolidation