MAHALAXMI MALLYA

Responsible for overseeing the tax and compliance department of the firm, involving a team of 7 members. Key responsibilities included:

• Reviewing VAT Standard Operating Procedure (SOP) reports, corporate tax opinions, and impact assessment reports.
• Reviewing VAT returns, registrations, de-registrations, refunds, VAT group amendments, reconsideration requests, corporate tax registrations, and other VAT and corporate tax-related submissions.
• Drafting client proposals and Engagement Letters.
• Assisting partners in managing excise tax audits.
• Obtaining Tax Residency Certificates (TRC) on behalf of clients.
• Handling Economic Substance Regulations (ESR) Notifications and Reports.
• Analyzing legal agreements from a VAT perspective and recommending changes thereto.
• Addressing client inquiries concerning VAT, TRC, corporate tax, and ESR.
• Developing content for firm's marketing materials.
• Conducting training sessions to educate clients, various departments, and colleagues within the organization about the most recent amendments.

• Engaged as a key member of the core team responsible for analyzing Corporate Tax legislation and relevant Decisions issued by FTA
• Conducted training sessions to educate clients, various departments, and colleagues within the organization about the most recent amendments
• Preparation of preliminary Impact Assessment Reports
• Delivered a Corporate Tax Opinion concerning the Permanent Establishment of a Multinational Company, including the determination of profits attributable to PE and the necessary transfer pricing documentation requirements.

• Finalizing the books of accounts
• Preparation & presentation of financial statements
• Experience in filing returns of non tax audit and tax audit individuals, partnership firms & companies
• Part of the core team for the statutory audit of Banks
• Handled Scrutiny, search assessment & appeal proceedings of cooperative society, individuals and partnership firms
• Dealt with project reports of proprietary business.