Ignatius Fernandes

I have been passionate of Taxation soon after my graduation in year 2001.

Myself, Ignatius Fernandes, 42 years old, stay in Vasai (Mumbai). I am professionally qualified as Mcom, LLB, CS and CA Intermediate.

I have 21 years of experience in Taxation and have handle Direct, indirect & International taxation in the listed companies i.e. Adani Electricity Mumbai Limited and Reliance Infrastructure Limited (Power Utility business), United Phosphorus Limited (Agriculture industry) and that of Lodha Developers & K. Raheja Corp (Real Estate company).

Experience                               :         Total Experience of 21 years 

Organisation                             :        Adani Electricity Mumbai Limited (Formerly    known as Reliance Electric Generation &  Supply Pvt. Ltd.)

Designation                              :         Senior Manager – Taxation

Tenure                                       :         1st September, 2018 to 26th June, 2023

Organisation                           :         Reliance Infrastructure Limited (ADAG) 

Designation                              :         Senior Manager – Taxation

Tenure                                      :         15th September, 2010 to 31st August, 2018.

Organisation                            :         Advanta India Ltd. (UPL Group)

Designation                               :         Senior Executive – Taxation

Tenure                                       :        24th November,2008 to 10thSeptember, 2010.

Organisation                             :         Lodha & Kheni Estates Pvt. Ltd. 

Designation                               :         Associate –  Taxation

Tenure                                       :         1st February, 2007 to 21st November, 2008

Organisation                             :         K.Raheja Services Pvt. Ltd.

Designation                               :         Sr. Officer –  Taxation

Tenure                                      :         15th November,2004 to 16th November 2006.    

 Organisation                           :         Udani Mehta & Co.(Tax Assistant)                                 

Tenure                                       :         7th May 2001 to 16th November 2004.

Job Description – Direct, Indirect & International Taxation

DIRECT TAXATION

TDS / TCS

Analysis of Service Transaction and guiding Finance & Accounts Team on TDS & TCS Transactions.

Determination of monthly TDS/TCS Liability and payment on due date. Timely efiling of Quarterly returns (24Q, 26Q,27Q and TCS Returns) and issue of TDS Certificates. Handle Payroll taxation of Employees with Investment planning of Employees.

Tracking of TDS Defaults periodically & Rectification in TRACES.

Application of Lower Deduction Certification Online in TRACES.

INCOME TAX

Preparation & Finalisation of Computation of Total Income, Income Tax Returns of Directors, Companies and Trust.

Calculation of Advance Tax, Provision of Tax – Current & Deferred Tax 

Compiling and submission of 281 Certificates.

Preparation, compiling and submission of SFT returns.

Preparation, compiling of Annexures for Tax Audit and Finalization thereof, along with Finalisation of MAT and 80IB Report.

Preparation & compiling of Tax Assessment data and coordinating with Tax Consultant.

Obtaining Tax Registration (PAN & TAN) from Tax Department.

Obtaining Income Tax Approvals for Gratuity & Superannuation Trust.

Preparation of monthly MIS Report to the management.

LITIGATION

Compiling Details / Documents, co-ordinating with Tax Consultants for TDS, Scrutiny Assessment submission, CIT Appeals & ITAT Appeals submissions.

On-line Filing of Forms for CIT(A) and ITAT(A).

Interacting with Income Tax Authorities upto CIT level.

Co-ordinating with Tax Advocate for details in regard to ITAT and High Court matters.

INTERNATIONAL TAXATION

Advisory on Double Tax Avoidance Agreement.

Advisory on Permanent Establishment.

Advisory on Tax Residency certificate.

Advisory on Transfer Pricing.

Filing of Quarterly Foreign remittance returns and issue of TDS certificates.

Preparation and compiling data/Annexures/documents in regard to Transfer pricing Report and coordinating with Tax Consultant.

Co-ordination with Tax Auditors for Form 15CB (Tax Documents & Calculations of WHT rate) and uploading of Form 15CA.

Documentation of TRC, Form 10F and No PE Declaration at the time of uoloading of Form 15CA & 15CB. 

INDIRECT TAX – GST

Timely and accurate Computation and payment of GST.

Timely and accurate filing of monthly GST returns GSTR 1 and GSTR 3B.

Preparation of details of GST audits and assessments and to comply with GST details required for statutory & internal auditors.

Liasoning with Auditors and consultants for closing the audits (Department, Statutory and Internal).

Preparation of details and documents for Annual GST return to be filed with the help of consultant.

Attending to Departmental Notices and submitting the replies to the same.

Providing necessary information and preparation of schedule for Tax Assessments.

Preparing Litigation status and providing the MIS Report to the management on outcome of audits and assessments.

Follow-up on refund with GST authority along with Consultant.

Liasoning with Consultant for submitting the various applications.

1. SSC from ST. Elias High School, Khar (Mumbai) in March 1996 securing 60.26%.
2. HSC from L.S. Raheja College of Arts & Commerce (Mumbai) in March 1998 securing 69.67%.
3. Bcom from L.S. Raheja College of Arts & Commerce (Mumbai) in

          April 2001 securing 66.71%.

1. Mcom from University of Mumbai in April 2004 securing 57.75%.
2. CA Inter from Institute of Chartered Accountant of India in May 2006. 
3. LLB from G.J. Advani Law College (Mumbai) in November, 2010. 
4. CS Inter from Institute of Company Secretaries of India in June 2010.
5. CS Final (Cleared 3 Modules) from Institute of Company Secretaries of India in December, 2012 and CS Module II cleared in June, 2016. (Associate Membership available).