Kaval Shah

Compiling information required for preparation of submissions and for providing clarifications that may be required by the Revenue Authorities Managed comprehensive transfer pricing litigation proceedings before TPO, DRP and ITAT Suggesting clients on appropriate arm's length price to be maintained for related party transactions through advisory planning memos

Senior Consultant - Ernst & Young

(2025-01-06 - 2026-05-15)

• Compiling information required for preparation of submissions and for providing clarifications that may be required by the Revenue Authorities
• Managed comprehensive transfer pricing litigation proceedings before TPO, DRP and ITAT
• Suggesting clients on appropriate arm's length price to be maintained for related party transactions through advisory planning memos
• Comprehending the intricacies of the business through the group master file and customizing it to align with specific Indian regulatory requirements
• Filing of MAP application
• Filing of Unilateral and Bilateral APA applications for manufacturing and service clients
• Undertaking functional interviews with the business unit team in respect of the covered transactions
• Attending site visits and discussed the covered transaction with CBDT officers

Deputy Manager - Deloitte Haskins & Sells

(2022-10-03 - 2025-01-03)

• Monitor time booking, risk formalities and operational management
• Balanced allocation of work to team members
• Training juniors in the team
• Preparing service fee proposals to be submitted to clients
• Providing assistance in pitching for new service with existing clients

Multiple roles (Senior Associate – Transfer Pricing, Senior – Transfer Pricing) - Hinesh R. Doshi & Co LLP – Chartered Accountants

(2019-02-07 - 2022-09-30)

Transfer Pricing related work

• Preparation of transfer pricing documentation
• Preparation of Form 3CEB
• Conducting economic analysis - identifying companies performing similar functions as of the clients using Indian and international database
• Detailed understanding of the business profile and functions, assets and risks of clients
• Assistance in filing necessary forms in respect of Master File and Country-by-Country Reporting
• Assistance during all the stages of filing an APA application
• Coordination and liasoning with the client and APA authorities
• Preparation and review of APA applications
• Providing opinions in the form of memos, notes and presentations on various transfer pricing issues
• Advisory services on business model optimisation
• Compiling information required for preparation of submissions and for providing clarifications that may be required by the Revenue Authorities
• Handling transfer pricing assessments and appeals (at TPO, DRP, CIT(A) and ITAT level)
• Preparing written submissions, as required, in connection with the revenue proceedings involving analysis of various case laws
• Representations before the Revenue Authorities
• Assisting the legal counsel in representing at the Tribunal Level
• Assistance in drafting submissions and representing at the Tribunal Level
• Preparation of advance tax estimates and reporting to the management alongwith tax balances
• Preparation of computation of total income and filing of annual income tax returns
• Attending tax related matters, assessment proceedings and filing appeals
• Drafting of notes for assessment/appellate proceedings
• Drafting of appeals/rectification letters and other correspondence with Income tax department
• Preparation and compilation of paper book for submission before CIT(A)
• Follow up for Income tax refunds, rectification, appeal effects etc
• Advising on applicability of withholding tax rate in case of foreign remittance and issuing Form 15CB
• Analysis of transactions with respect to Transfer Pricing applicability
• Preparation of case law summary for internal circulation
• Statutory Audit upto finalization level
• Tax Audit as per provisions of Income Tax Act upto finalization level

Senior – Transfer Pricing - KPMG

(2018-06-18 - 2018-12-14)

• Monitoring a team of individuals to carry out transfer pricing compliance and litigation issues
• Assistance during assessment and compliance audit of Advance Pricing Agreement
• Assistance in preparing and filing Master File with Income Tax department
• Assistance in filing necessary intimation forms in respect of Master File and Country-by-Country Reporting

Senior Associate – Transfer Pricing - BDO India LLP

(2017-08-01 - 2018-06-15)

• Preparation & filing of Form 3CEB
• Preparation of transfer pricing study report
• Managing advisory work on transfer pricing for intra group services and determination of royalty rate
• Preparing technical submissions for assessment at AO/TPO, DRP and ITAT level and representing case at AO/TPO level
• Assistance in preparing and filing Master File with Income Tax department
• Assistance in filing necessary intimation forms in respect of Master File and Country-by-Country Reporting

Associate – Transfer Pricing - PwC & Co LLP

(2017-07-10 - 2017-07-27)

• Preparing technical submissions for assessment at DRP and ITAT level

Senior Associate – Transfer Pricing - Lakhani & Co LLP – Chartered Accountants (firm got merged with Deloitte)

(2016-08-08 - 2017-04-30)

• Preparation & filing of Form 3CEB
• Preparation of transfer pricing study report
• Preparing technical submissions for assessment at DRP and ITAT level
• Opinion on applicability of transfer pricing provisions for intra group services

Assistant Accounts Manager - Hinesh R. Doshi & Co LLP

(2014-02-21 - 2016-08-07)

• Preparation & filing of Form 3CEB and preparing transfer pricing study report
• Preparing submissions for assessment at DRP & appellate level
• Preparation and submission of schedules on the basis of Income Tax Department notice for scrutiny purpose & attending hearing relating thereto
• Opinion on applicability of transfer pricing provisions for intra group services
• Follow up with tax office for refund/rectification
• Obtaining lower deduction certificate (TDS)
• Tax Audit & Statutory Audit upto finalization level
• VAT Audit as per the provisions of MVAT Act & reporting in prescribed format
• Preparation and filing of income tax returns
• Preparation of various schedules on the basis of Income Tax Department notice for scrutiny purpose & attending hearing relating thereto
• Assistance for preparation of schedules for salestax assessment & attending hearing relating thereto

Associate - Spectrum International Private Limited

(2012-01-01 - 2014-02-20)

• Statutory Audit upto finalization level
• Tax Audit as per provisions of Income Tax Act upto finalization level
• Preparation of financial statements and notes to accounts being an integral part of audit finalization
• Discussion with the top management and update them with significant issues during the audit

Articled Staff - Vasant Agre & Associates – Chartered Accountants

(2008-02-01 - 2010-07-31)

Audit related work

• Tax Audit of proprietor, partnership and private limited companies
• Statutory Audit of Private Limited companies
• Assistance for statutory bank audit of Indian Overseas Bank – loans and advances section
• Preparation of Income Tax Returns of Individual, Partnership Firm and Private Entity
• Assistance for preparation of various schedules on the basis of Income Tax Department notice for scrutiny purpose

Articled Staff - K.S. Jhaveri & Co. – Chartered Accountants

(2007-02-01 - 2008-01-31)

Audit related work

• Tax Audit of proprietor, partnership and private limited companies
• Statutory Audit of Private Limited companies
• Assistance for statutory bank audit of Indian Overseas Bank – loans and advances section
• Preparation of Income Tax Returns of Individual, Partnership Firm and Private Entity
• Assistance for preparation of various schedules on the basis of Income Tax Department notice for scrutiny purpose

CA - Chartered Accountancy - Institute of Chartered Accountants of India (2012-05)

CMA - Cost Accountancy - Institute of Cost Accountants of India (2009-06)

B.Com - Commerce - Mithibai College – Vile Parle (w) (2007-03)

Certificate course - International Taxation - Institute of Chartered Accountants of India (2013-05)