Ca Aboli Bhapkar

Results-driven Chartered Accountant with in-depth exposure to audit, financial reporting, tax litigation and regulatory compliance across manufacturing, chemical and service industries. Seeking a challenging role to apply analytical skills and contribute effectively to organizational growth.

Article Assistant at Bhide and shah Associates and J N Sovani & Co (2021-03 – 2024-03)

A renowned CA firms with experience of 30+ years in the area of financial reporting regulatory compliances, statutory audits, direct tax and litigation advisory services

• Prepared and finalized Schedule III–compliant standalone and consolidated financial statements for entities with revenues exceeding ₹60 crores, ensuring accuracy, regulatory compliance and timely closure of accounts.
• Managed comprehensive accounting operations including bookkeeping, general ledger GL) scrutiny, reconciliations and verification for clients with turnover above ₹50 crores.
• Conducted profit & loss analysis, ratio analysis, trend analysis and receivables ageing analysis, enabling management to improve liquidity and achieve a 12% reduction in debtor days.
• Supported working capital analysis by evaluating inventory turnover, receivables and payables cycles to improve cash flow efficiency.
• Played a key role in month-end and year-end closing, identifying misclassifications and reconciliation gaps, leading to cleaner financial statements and smoother statutory audit completion.
• Prepared Net Worth, Turnover and Stock-in-Trade certificates, supporting bank finance and credit assessment.
• Performed risk assessment, materiality analysis and Internal Financial Control(IFC) testing during audit planning for 35+ clients, strengthening understanding of business drivers and financial risks.
• Executed detailed ledger scrutiny, vouching, verification and reconciliations, enhancing financial data reliability.
• Reviewed internal controls over cash, receivables and expenses; identified gaps and recommended process improvements.
• Assisted in preparation, review and filing of 25+ tax audit reports under Sec. 44AB Forms 3CA/3CB3CD for proprietors, partnership firms and private companies with turnovers exceeding ₹45 crores; supported Transfer Pricing compliance including preparation and filing of Form 3CEB.
• Handled income-tax assessments, reassessments and appellate proceedings under Sections 1433, 147, 148 and 148A, including drafting responses to statutory notices, analysing financial records and preparing CITA appeals with Statements of Facts, Grounds of Appeal and technical submissions supported by case law.
• Supported tax litigation and dispute resolution, including rectification applications Sec. 154, demand stay petitions Sec. 2206 and penalty proceedings under Sections 270A & 2711c.

Chartered Accountant in Accounting – ICAI (2026)

Bachelor of Law (LLB) in Law – Shri Shivaji Maratha Law College (2024)

B. Com in Commerce – MES Garware college of Commerce, Pune (2021)

HSC - Class XII in Commerce – Hujurpaga Junior College of Commerce (2018)

SSC - Class X – Shree Mayureshwar Vidyalay (2016-03)