Rohith Kamath is a full time practicing chartered accountant and having in total over 13 years of experience in auditing and other allied areas. He is empaneled with nationalized banks for concurrent audit assignment of its branches, empaneled with Reserve Bank of India for statutory bank audit, empaneled with the deputy director of cooperative audits in Karnataka for carrying out audit of credit co-operative societies and other co-operative societies, statutory auditors of quite number of private companies spanning across industries covering power, technology, construction, consultancy, manufacturing, trading, retail etc., he is retainer for direct and indirect tax issues with companies having operations across the globe, business valuations, corporate valuations, share valuations, project appraisals and due diligence assignments by the prospective investors, stake holders.
Experienced in appearing before tax Assessment Authorities: This includes preparation of written submissions, factual statements, adequate internal & external evidences in support and presenting the same before the revenue authorities.
Experienced in appearing before Appellate Authorities: This includes preparation of appeal memorandum, statements of facts, grounds of appeal, stay application, seeking and analyzing the relevant Court and Tribunal judgements in supporting the case and presenting the same before the Appellate authorities.
Analysis of Cross-Border transactions: This refers to forming an opinion on each international
transaction with reference to Double Taxation Avoidance Agreement to determine the incidence of
taxation and to also determine the applicable withholding taxes in respect of Income Tax. And in
respect of Service Tax, determining the incidence and applicability with reference to Service Tax Export of Service Rules and Service Tax Import of Service Rules.
In banking sector:
- Experienced in conducting post sanction credit reviews. This includes verification of legal documents, verification of compliances with reference to sanction letter, analyzing the business of the borrower and physical inspection of unit.
- Experienced in conducting evaluation of stocks, debts and any other assets hypothecated / mortgaged to bank belonging to the borrower.
- Conducting review of overall operations of bank’s branch comprising of advances, deposits and other allied / incidental services of bank.
- Conducting review of operations (financial and other areas) of third party agents appointed by bank to assist in its operations.
- Providing support to other empaneled firms in conducting Statutory Audits and Concurrent Audits of Public Sector Banks and Co-operative banks.
In Other Sectors:
- Statutory audits and tax audits of companies / units engaged in various industries such as ITES, Hotels, Trading concerns, Manufacturing concerns, etc.
- Retainership functions- This refers to Maintenance of accounting books, compliance with statutory requirements such as VAT, Income Tax, Service Tax, Professional Tax, STPI, RBI, Registrar of Companies etc.
- Preparation of search reports on behalf of stake holders, venture partners and financers.
- Preparation of project reports spanning various industries such as agriculture, horticulture,
commercial training centre, ITES etc.
- Providing escort services to entrepreneurs intending to set up new units.
Education
B.Com; A.C.A.
B.Com. (1998) from Bangalore University.
C.A (2008) from the Institute of Chartered
Accountants of India, New Delhi.