C.A. Ashok Gupta has over 35 years of experience in finance, accounting, auditing, taxation and statutory compliance. He previously worked as General Manager of Finance and Taxation at NTPC Ltd., one of the largest power companies in India. He has expertise in financial management, accounting operations, and ensuring adherence to compliance requirements. Currently he is working as a consultant providing expertise on finance, taxation, and regulatory matters to various organizations.

1. C.A. ASHOK GUPTAC.A. ASHOK GUPTA
: C-73, South Extension-II, New Delhi-110 049, INDIA
: +91-9650990320,  samaratashok@yahoo.co.in
ACCOMPLISHED FINANCE & ACCOUNTS PROFESSIONALACCOMPLISHED FINANCE & ACCOUNTS PROFESSIONAL
(Offering over 35 years of experience)(Offering over 35 years of experience)
PROFILE & STRENGTHSPROFILE & STRENGTHS
• Competent and result oriented professional, offering over 35 years of rich experience
across Financial Management, Auditing, Accounting Operations, Taxation and Statutory Compliances;
currently spearheading after retiring as General Manager (Finance & Taxation) with NTPC LTD, as a
consultant in Finance & taxation Department.
• A qualified Chartered Accountant with Expertise in formulating and implementing
Accounting & financial Policies/Procedures, Conducting/facilitating Audits, implementing Taxation
Principles and Statutory Enactments with the ability to relate theory with practice; dexterity across
Finalization of accounts, Fund Management, Strategic Planning and Auditing.
• Recognized as a hands-on, proactive individual who can rapidly identify financial and
business problems, formulate tactical plans, initiate change and implement effective business strategies
in challenging environments.
• Excellent Relationship Management skills, with the ability to conceive profitable and
efficient solutions utilizing technology. Industrious professional, thrive on a challenge while working
effectively with all levels of management and the people therein.
Core CompetenciesCore Competencies
 Accounting & Financial Operations  Taxation  Audit  Statutory Compliances  Cost Control 
 Effective Communication Skills  Sharp Analytical Skills  Strong Interpersonal Skills 
PROFESSIONAL EXPERIENCEPROFESSIONAL EXPERIENCE
PRESENTLY OCCUPIED AS STAFF CONSULTANT-LEGAL WITH CENTRAL ELECTRICITY REGULATORY
COMMISSION w.e.f. 1.11.2014
WORKED AS A TAX CONSULTANT WITH NTPC LTD from JANUARY 2013-DECEMBER 2013
NTPC LTD. (A WORLD LEADER IN POWER GENERATION) Apr 1986-Nov. 2012
CORPORATE OFFICE of NTPC LTD Aug 2007-Nov. 2012
Promoted as General Manager (Finance & Taxation) after being AGM till Sept. 2012
NTPC VIDYUT VYAPAR NIGAM LTD. (A wholly owned Subsidiary of NTPC LTD) Nov 2002-July 2007
Deputy General Manager (Finance), (Head of Finance & Accounts)
CORPORATE OFFICE of NTPC LTD. Aug 2000-Nov 2002
Senior Manager Finance (Financial Concurrence Department)
FARIDABAD GAS POWER PROJECT (A new unit of NTPC LTD.) Sep 1997-Aug 2000
(Project cost approx Rs. 12000.00 million)
Chief Finance Manager (Head of Finance)
CORPORATE OFFICE of NTPC LTD. Jul 1994-Sep 1997
Senior Manager Finance (Financial Concurrence Department)
BADARPUR THERMAL POWER STATION (Under management of NTPC LTD) Dec 1988-Jul 1994
Deputy Manager (Finance) (Financial Concurrence Section & Fuel Section)
SUPER THERMAL POWER PROJECTS AT KORBA, MP (A unit of NTPC LTD.) Apr 1986-Dec 1988
Joined as-Senior Accounts Officer
Key Accountabilities:Key Accountabilities:
•• Conceived & formulated a successful system of determining Deferred tax liability (DTL) materializationConceived & formulated a successful system of determining Deferred tax liability (DTL) materialization
pursuant to Tariff regulations 2009-2014 issued by CERC for power generators, whereby DTL as & whenpursuant to Tariff regulations 2009-2014 issued by CERC for power generators, whereby DTL as & when

2. materializing was recoverable from various beneficiaries. This was the first time such a system wasmaterializing was recoverable from various beneficiaries. This was the first time such a system was
required/envisaged in INDIA & perhaps the world.required/envisaged in INDIA & perhaps the world.
•• Instrumental in vigorously taking up various tax cases/appeals and managed tax refunds from theInstrumental in vigorously taking up various tax cases/appeals and managed tax refunds from the
department to the tune of Rs. 6000.00 crores during my stay and refunds of another Rs. 3000-4000 croresdepartment to the tune of Rs. 6000.00 crores during my stay and refunds of another Rs. 3000-4000 crores
received after my leaving NTPC. Managed to get some major tax issues settled in favour of NTPC resultingreceived after my leaving NTPC. Managed to get some major tax issues settled in favour of NTPC resulting
in perpetual benefits, streamlined many other systems within the tax section at the corporate level.in perpetual benefits, streamlined many other systems within the tax section at the corporate level.
• Spearheading efforts across managing whole gamut of functions pertaining to Finance & Accounts
Department; proficiently conceptualizing and implementing accounting/financial policies and principles
and tracking systems for various functional areas while ensuring compliance with relevant standards &
procedures.
• Looking after Operational expenditure/control and responsible for strategically
planning & implementing innovative business strategies to initiate finance control to maximize
profitability.
• Initially handled entire spectrum of power trading work in addition to finance &
accounting operations.
• Played a pivotal role as Head of Finance in Faridabad Gas Power Project (new
project of NTPC Ltd., approx Rs 1200 crores); efficiently took over project right in the initial stage of
construction and finalized/completed it in a short span of three years (A world record time for such
projects) i.e. Sep 1997-Aug 2000.
• Efficiently discharged duties in handling functions of Financial Concurrence
Department at Corporate Office of NTPC Ltd. during period of August 2000 to November 2002 and from
July 1994 to September 1997.
• Successfully standardizing & managing the accounting system of the company and
maintaining uniform accounting practices for the smooth running of the business.
• Ensuring compliance to the govt. rules and regulations as laid down by statutory
authorities and proficient in handling accounting and financial matters of the company while ensuring
adherence to statutory compliances and regulations.
• Adept at handling and managing overall accounting operations viz. preparation
and finalization of various accounts and statements viz. Trial Balance, Profit & Loss Account and Balance
sheet.
• As Section In-charge, adroitly handled overall work of various sections including
Books & Budget, Stores Bill & Sale Tax, and Fuel Accounting etc.
PREVIOUS ENGAGEMENTSPREVIOUS ENGAGEMENTS 1983-1986
Self-Employment (As a practicing Chartered Accountant)
Deftly provided cutting edge consultancy to various firms; formulated effective project reports while
considering technical and financial aspects of the project for various enterprises including Modi Flour Mills
& Mathur Studios; successfully handled system assignment for one of the Royal Companies, M/s. Nepal Orind
Magnesite Ltd., Kathmandu, Nepal.
M/S. T.R. CHADHA & CO.
Chartered Accountants
Paid Assistant
Key Accountabilities:Key Accountabilities:
• Successfully conducted statutory audits to express an opinion on the company’s
financial statements as per Indian GAAP, this includes preparation of audit reports with a view to highlight
shortcomings and implemented necessary recommendations.
• Expertise in providing comprehensive and effective business analysis through
audits to the business group heads and the management for formulating their future business strategies.

3. • Successfully handled and managed audit of various key public enterprises
including India Oil Corp.-Mathura Refinery, Life Insurance Corp. of India, at their Meerut Division, and
D.S.I.D.C. Delhi etc.
• Provided cutting edge consultancy on Finance and Taxation related matters while
ensuring adherence to statutory compliances.
• Proficient in liaising and coordinating with banking officials and financial
institutions for fund management and arranging credit facilities from Banks inconformity with RBI norms.
• Reviewed the profitability of client’s business to assess the correctness of
revenue and expenditure accounted, monitor the inflow & outflow of funds while ensuring optimum
utilization of available funds to accomplish organizational goals.
• Led efforts across managing financial activities of the client companies including
calculation of various variances between budgeted data and actual data while strategically defining the
financial objectives and designing & implementing systems, policies & procedures to facilitate internal
financial controls.
M/S. SAHNI VED NATARAJAN & BAHL, DELHI Jan 1979-1983
Chartered Accountants
Manager
Key Accountabilities:Key Accountabilities:
• Responsible for statutory Audits & Taxation work; shouldered responsibilities
pertaining to Internal/Operational Audits/Consultancy jobs, were also a major thrust area in which
clients namely The Indian Hotels Co. Ltd., Swedeshi Polytex Ltd., Hind Lamps Ltd., Gem India Ltd., and
the Soaltee Group at Kathmandu, Nepal (A conglomerate of the Royal Family of Nepal) were under my
charge as the only Manager-Internal Audit/Consultancy Division of the firm.
• The company holds credentials of being the only C.A. firms in India (perhaps in
Asia) to handle Internal/Operational Audits of any Hotel Chain.
The main units handled by the firm were:
(i) Taj Mahal Hotel, New Delhi, (ii) Taj Palace Hotel, New Delhi, (iii) Hotel President, Bombay & for Soaltee
Group, (iv) Hotel Soaltee Oberoi, Kathmandu, which was one of the best 300 Hotels of the world. We also
prepared two operations manuals for the Taj Mahal Hotel, New Delhi and also did systems jobs for other units
at Srinagar, and Hotel Taj Benaras etc. Extensive Operational/Internal Audits were also done for other
various clients of the firm.
ACADEMIC & PROFESSIONAL CREDENTIALSACADEMIC & PROFESSIONAL CREDENTIALS
Chartered Accountancy-FEBRUARY, 1980
ICAI
Bachelor of Commerce (Hons.)-1973
Bhagat Singh College, New Delhi
Higher Secondary
A.S.V.J. Higher Secondary School, Delhi
An Associate member of The Institute of Internal Auditors, Florida, U.S.A.
Date of Birth: 15 Nov 1952
References: Available on Request.