"Over 16 years of professional experience in Direct and Corporate Taxation, Regulatory Services, Tax Litigation and Compliance, Business Restructuring, GST, FEMA, Corporate Accounting & Audits and ED matters !!"
Education
Job Skills
Professional Summary:
• A seasoned tax professional with extensive experience in Direct Taxation, specializing in Corporate Tax,
Tax Regulatory Services, Tax Litigation, and Compliance. Adept at handling complex tax matters,
including representation before regulatory authorities such as the Income Tax Department,
Enforcement Directorate, and GST authorities.
• Possesses experience in Transfer Pricing, including Country-by-Country Reporting (CbCR) and Master
File preparation in line with OECD and local guidelines. Also skilled in GST compliance and advisory,
corporate accounting, statutory/internal audits, and financial reporting.
• Demonstrated proficiency in business restructuring—managing mergers, demergers, slump sales, and
company-to-LLP conversions.
• Well-versed in FEMA compliance and strategic tax planning.
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Key Achievements & Leadership Highlights:
• Led the Direct Tax function, overseeing compliance, litigation, and tax risk management.
• Successfully executed the demerger of Sintex Group’s Plastic Division, including assessment
completion.
• Achieved tax refunds, secured Lower Deduction Certificates (LDCs), and resolved TDS
surveys/prosecutions favourably.
• Developed optimized tax strategies for minimizing demands and maximizing refunds.
• Directed GST compliance with timely return filings and efficient ITC utilization.
• Collaborated cross-functionally for audits and regulatory alignment across business units.
• Played an active role in NCLT/CIRP proceedings, ensuring post-order compliance, accurate tax filings,
and closure of books in accordance with statutory mandates.
Latest Posts by Ca Ramesh Sankhla
August 14, 2025
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ITAT Delhi ruled that an AO cannot reject a registered valuer’s report without DVO reference, upholding the statutory procedure for property valuation.
July 16, 2025
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Prasad Film Laboratories Pvt. Ltd. Vs ACIT (Telangana High Court) Payments in Normal Business Course Not Deemed Dividend under Section 2(22)(e): Relief for M/s. Prasad Film Laboratories Pvt. Ltd., Telangana High Court Clears Misapplication of Deemed Dividend Provisions in Inter-Company Business Transactions Background: M/s. Prasad Film Laboratories Pvt. Ltd., a closely held company, filed appeals against […]
June 20, 2025
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A Comprehensive Analysis of Undisclosed Incomes under Sections 68 to 69D of the Income-tax Act, 1961, Taxation of these Incomes Under Section 115BBE and Penalty Provisions under Sections 271AAC & 271AAD With Insights on Explained vs. Unexplained Income, Judicial Precedents & Finance Act, 2025 Amendments 1. Introduction & Legal Context. The robust and equitable functioning […]
June 12, 2025
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An assessee’s appeal against a 2018-19 tax assessment regarding unexplained receipts from a foreign loan repayment. This case details the arguments, evidence presented, and the final decision.
June 3, 2025
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This comprehensive note endeavours to provide an exhaustive and analytical exposition on the taxation of online gaming in India, covering the legislative background, statutory provisions, key amendments, judicial precedents, administrative circulars, and compliance requirements.
May 29, 2025
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ITAT Ahmedabad rules a private discretionary trust created by will and being the sole trust is not liable to the maximum marginal rate, applying association of persons rates.
May 29, 2025
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Indian government introduced a legal tax framework to bring such transactions under regulatory oversight. This move culminated in the insertion of Section 194S and Section 115BBH into the Income Tax Act, 1961 via the Finance Act, 2022, effective from 1st July 2022 and 1st April 2022, respectively.