Ca Nikhar Singhal

Leading firm in Jaipur having 8 branches and 13 partners

Article Assistant - M/s Rajvanshi & Associates - Jaipur

(2022-03 - 2025-03)

Leading firm in Jaipur having 8 branches and 13 partners

• Conducted Statutory Audits, including on-site visits, analysis of financial statements across industries like Construction, Testing Laboratories, Manufacturing and Trading having aggregate turnover ranging from INR 50crores to INR 300 crores.
• Evaluated revenue recognition and accounting policies in accordance with Ind AS 115 – Revenue from Contracts with Customers.
• Reviewed Standalone and Consolidated Financial Statements prepared under Ind AS and verified intercompany eliminations and consolidation adjustments.
• Performed audit procedures including vouching, verification of opening balances, ledger scrutiny, debtor ageing analysis, and analytical review procedures.
• Obtained and evaluated external confirmations for trade receivables, bank balances, and investments in accordance with SA 505.
• Assisted management in strengthening financial reporting processes and ensuring compliance with applicable accounting and regulatory requirements.
• Verified fixed assets & depreciation as per Schedule II of Companies Act, 2013 & Income Tax Act, 1961.
• Assisted in the preparation of Independent Auditor's Reports in accordance with SA 700, SA 705, and CARO 2020 requirements.
• Prepared Tax Audit Report (Form 3CA/3CB, Form 3CD) of individuals, firms and Companies and ensured compliance of clauses for various entities.
• Prepared and filed Income Tax Returns for individuals, firms, and companies with taxable income exceeding ₹1.5 crore.
• Prepared and filed GST returns including GSTR-1/IFF, GSTR-3B, GSTR-6, and GSTR-7 for clients across diverse industries.
• Prepared and reviewed Annual Returns (GSTR-9) and Reconciliation Statements (GSTR-9C), ensuring compliance and timely filing.
• Advisory regarding classification of goods and services, eligibility regarding Availment of ITC (u/s 16,17(5)), POS (u/s 12), Time of supply (u/s 13), Registration under GST etc.
• Drafted and submitted responses to GST notices relating to scrutiny assessments, refund matters, and input tax credit mismatches.
• Conducted Special Audit under Section 66 of CGST Act.

CA - Chartered Accountancy - ICAI (2026)

CA Inter - Chartered Accountancy - ICAI

CA Foundation - Chartered Accountancy - ICAI

B.com - Commerce - Kanoria Mahila Mahavidyalaya, Jaipur (2022)

Class XII - CBSE - St Teresa's school Jaipur (2019)

Class X - CBSE - St Teresa's school Jaipur (2017)