Our Team

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Alumnus : PWC (Assurance)
S S Kothari Mehta & Co.

Sumit Kumar Partner

Sumit is a fellow member of institute of Chartered Accountants of India and a Commerce Graduate of Delhi University. Post qualification Sumit , stared his career with S.S. Kothari Mehta & Co., and later he joined Price Waterhouse Cooper (PwC) where he was part of Audit and Assurance Division.

Sumit has a rich post qualification experience of over 14 years. His area of core expertise include Statutory/tax/internal audit and specified procedures of Manufacturing, Real Estate, IT, Telecom, Service and Trading Company and Ind AS, Indian GAAP, Certification etc.

Key Work Experience/ Area of Practice:

  • Statutory Audits (in AS/ INDAS/ IFRS and U.S. GAAP framework) for major listed (including limited reviews) and non-listed clients in Manufacturing, Service, Real Estate, Trading and IT Industry.
  • Internal Audits relating to various significant accounts, viz. debtors management, stock valuations, impairment of asset/ business line, provisioning, taxation, excise, overheads also process like Metering and Billing System Audit (MBSA) of various Telecom Companies (Prescribed by Telecom Regulatory Authority of India- TRAI).
  • Finalization of standalone and consolidated financial statements , cash flows statements, complex tax and deferred tax calculations, review of accounting policies and disclosures as per applicable GAAP (AS/ INDAS/ IFRS).
  • Preparation of SOPs , accounting policies and procedures.
  • GST compliances including, computation of Output Tax, Reverse Charge Liabilities, Input Tax Credits and reconciliation with books and records, filing of returns & refund applications. Providing reconciliations between returns and financial statements.
  • Tax Audit Reporting of Companies, Proprietorship and Partnership firms.
  • Income Tax compliances including, computation of Income Tax Liabilities, MAT and Deferred Taxes, filing of returns, rectifications & refund applications.
  • Other direct tax compliances, computation and TDS liabilities and filing of TDS Returns, online reconciliation of tax deducted with form 26 AS, computations and deposits of advance tax liabilities etc.
  • Corporate / Secretarial compliances audit, and support.

VMR- Seema


Avinash


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