VIKAS AGGARWAL

House No 35/10, Ground Floor,

Block U, DLF Phase-III

Gurgaon-122002

Email – aggarwal,vikas@icai.org

Mobile No -09650422445

Career Objective

To have the perfect knowledge of US and Indian Accounts and Tax and to develop me as chain between overseas accounting and tax (Specially between India and US.

Work Experience

Current Employer   Philips Electronics India Limited

(Registerted at Amsterdam and New York Stock Exchange)

Designation    Dy. Manager

• Filing Income tax return of Philips Electronics India Limited, Non Resident Parent company of Philips India, and two subsidiary of Philips.

• Tax Accounting as per Indian GAAP (AS-22) and US GAAP (FAS 108).

• Quarterly reporting of Income Tax Provision in accordance with the provision of FIN 48.

• Advisory service on the applicability of DTAA on the foreign transaction and compliance of the foreign remittance.

• Documentation of Transfer pricing case and get the transfer pricing audit done from KPMG.

• Handling the scrutiny cases, collecting information from accounts department, analysis of data for income tax purpose and representing the case in front of assessing officer.

• Checking the order of  CIT(A) and  the order giving effect of CIT(A)  ,preparing reconciliation of returned income and income shown in Order Giving Effect and then filing appeal in ITAT, preparing Ground of appeal and get it approved with our consultant.

• Preparing legal submission for Income tax Assessment and Commissioner appeals.

• Computation if Advance tax of Income tax and Fringe Benefit tax.

• Advisory on applicability of TDS provision and ensuring the compliance of TDS related issues.

• Preparing Wealth Tax return. And other day to day related issue.

Previous  Employer    ICICI Bank Limited

Designation  Manager-Taxation

Work profile - Direct Tax

• Filing Income tax return of Group Companies of ICICI bank Limited. Coordination with accounts department for getting data for the purpose of filing e returns. After filing maintaining the file for all the documents and rechecking the return for any mistake and filing revise return if any mistake is found.

• Checking intimation u/s 143(1) of the Income tax Act,1961  and preparing the checklist with return and if there is any mistake then filing of rectification letter for correction of mistake, and also coordination with Income tax Department if full credit of TDS is not given.

• Handling the scrutiny cases, collecting information from accounts department, analysis of data for income tax purpose and representing the case in front of assessing officer.

• Checking the assessment order for any mistake, making reconciliation of returned income and assessed income, filing of appeal in form 35 to CIT (A), preparing Grounds of appeal, statement of facts and all.

• Preparing case for the hearing and then representing the case in front of CIT (A).

• Checking the order of  CIT(A) and  the order giving effect of CIT(A)  ,preparing reconciliation of returned income and income shown in Order Giving Effect and then filing appeal in ITAT, preparing Ground of appeal and get it approved with our consultant.

• Assist the consultant for the preparation of ITAT cases.

• Preparing application for lower deduction of TDS in form 13.

• Providing tax withholding implication as per Income tax Act & Double Taxation Avoidance Agreement for the remittance to non -residents.

• Day to day work like, successful and timely resolution of queries pertaining to tax withholding & Fringe benefit tax , preparation of MIS as and when required by the Management,keeping up to date tax status , checking the tax applicability of the changes of tax provision on the organization and all.

• Have worked on Transfer Pricing of Insurance Company and have good knowledge of insurance business.

Indirect Tax

• Co-ordinating with Sales tax consultants in every state for proper compliance of VAT act.

• Handling assessment cases, preparing doucuments for presentation in sales tax.

• Preparing appeal for get them filed thru consultant, handling day to day notices received under VAT act.

Previous  Employer     Reliance Industries Limited

Designation  Manager Direct Tax

Work profile

Direct tax

• Filing Income tax return of  Group Companies of Reliance Industries Limited. Coordination with accounts department for getting data for the purpose of filing e returns. After filing maintaining the file for all the documents and rechecking the return for any mistake and filing revise return if any mistake is found.

• Calculation of special deduction like u/s 80HHC and 80IA and 80IB.

• Co ordinating accounts department for collecting information for scrutiny cases. Represented cases to Income Tax Department with our seniors.

• Preparing CIT(A) and ITAT(A) ,and representing the cases with our senior and consultants.

• Checking of advance tax calculations of FBT and Income tax made by the group companies and approved it.

• Resolving the day to day queries on FBT of the group companies.

• Preparing application for lower deduction of TDS in form 13.and cordionation with department for issuing the certificate.

• Handled the calculation of special deduction u/s 42 of the income Tax Act claimed by the Reliance Industries Limited and knowledge of process of oil and gas.

• Day to day work like, consultancy  for the applicability TDS rate and section , applicability of Fringe Benefit Tax , preparation of MIS as and when required by the Management.

Articleship

Firm    AR&Company

Duration    From 9.12.2002 to 08.12.2005

Work Profile

• Preparation of accounts , finalization of accounts , preparing bank reconciliation statement.

• Substantially contributed in various Internal Audits/ Tax Audits.

• Preparation of income tax return of Individual, Firms and companies.

• Preparing cases for scrutiny u/s 143(3) of the income tax act and many day to day work

ACADEMIC QUALIFICATION

Exam   Year   Percentage   Remarks

CA Final   November, 2005 53%   Both Group in first           Attempt.

CA PE-II  November, 2004        55 %( Approx) With Good marks in           taxation.

CA Foundation May, 2002           62%   In first Attempt and           with 92% marks in           Accounts.

B.Com   2004   58%   With good marks in           Management Accounts.

10+2   2001   65%        With more than 75%          marks in accounts.

10   1999   67%   With good marks in all          subject.

Note : Pursuing CPA.

I am also doing CPA and have started study with Financial Accounts and taxation. I have good command on Accounts and taxation. I am also studying IFRS.

STRENGTHS AND SKILL

• Easy learner, hard working, always want to be busy and always keen to face new challenges.
• Team Management, Good coordinator and can manage the difficult task.
• Of course young, energetic and very positive.

Personal Details

• Date of Birth   07-12-1984
• Father's Name  Shri  Vijendra Kr. Aggarwal
• Martial Status   Married
• Spouse name   Mrs Archana Aggarwal (Company Secretary+LLB)

                        (Currently house wife).

• Language Known   English, Hindi

References

Will be furnished on demand.