INTERNSHIP REPORT

Course Code BAU101A

Course Name Internship
Programme B.B.A
Department Faculty Of Management and Commerce
Batch 2022-2025

Reg. No. 22MCMS017055

Name of the Student Sai Praneetha Kasala
Name of the Mentor Dr. Chanchala Srivastava

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Table of Contents
Chapter 1. Introduction to Organization......................................................1

Chapter 2. Organizational Structure...........................................................3

2.1 Purpose of the Internship............................................................................3

2.2 Assigned Role and Responsibilities..............................................................4

2.3 Learning Goals Set......................................................................................4

2.4 Observations and Reflections......................................................................5

Chapter 3. Business Activity and Product/Service Portfolio..........................5

3.1 Overview of Business Activity......................................................................5

3.2 Services Offered.........................................................................................6

3.2.1 Accounting and Bookkeeping................................................................................................... 6
3.2.2 Income Tax Services................................................................................................................ 6
3.2.3 Audit Support and Documentation...........................................................................................8
3.2.4 Financial Analysis and Reporting............................................................................................. 8

3.3 Clients and Industry Segments....................................................................8

3.4 Work Environment and Tools Used...............................................................9

Chapter 4. Competencies and Talent Management....................................10

4.1 Introduction..............................................................................................10

4.2 Core Competencies of the Firm..................................................................10

4.3 Intern Development and Role Integration...................................................10

4.4 Talent Nurturing and Knowledge Sharing...................................................11

4.5 Ethical and Professional Conduct...............................................................11

4.6 Learning from Team Collaboration.............................................................11

4.7 Conclusion................................................................................................12

Chapter 5. My Internship Work.................................................................13

5.1 Overview of Assigned Responsibilities........................................................13

5.2 Key Areas of Work.....................................................................................13

5.2.1 Accounting Entries and Documentation.................................................................................13
5.2.2 Ledger Maintenance and Voucher Processing........................................................................13
5.2.3 Income Tax Compliance and Filing......................................................................................... 18

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 5.2.4 Audit Support and Documentation......................................................................................... 18
5.2.5 Client Interaction and Communication...................................................................................18

5.3 Tools and Technologies Used.....................................................................19

5.4 Work Schedule and Supervision.................................................................19

5.5 Challenges Faced and How I Overcame Them..............................................19

5.6 Learning from Team Collaboration.............................................................19

5.7 Conclusion................................................................................................20

Chapter 6. Learning Experience and Relevance.........................................20

6.1 Introduction to Learning............................................................................20

6.2 Key Areas of Learning...............................................................................20

6.3 Tools and Software Exposure.....................................................................20

6.4 Bridging Academic Concepts with Practice.................................................21

6.5 Soft Skills and Workplace Behaviour..........................................................21

6.6 Personal Growth and Relevance.................................................................21

6.7 Summary..................................................................................................22

Chapter 7. Conclusions.............................................................................22

7.1 Summary of Internship Experience.............................................................22

7.2 Key Takeaways.........................................................................................22

7.3 Alignment with Academic Curriculum.........................................................23

7.4 Personal Reflections..................................................................................23

7.5 Closing Remarks.......................................................................................23

Chapter 8. Suggestions for future internship work in the organisation.......24

8.1 Introduction..............................................................................................24

8.2 Structured Onboarding and Orientation......................................................24

8.3 Defined Roles and Learning Objectives.......................................................24

8.4 Rotational Exposure to Different Services...................................................24

8.5 Inclusion in Client Meetings and Reviews...................................................25

8.6 Performance Feedback Mechanism............................................................25

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 8.7 Access to Learning Materials.....................................................................25

8.8 Encouraging Documentation of Work.........................................................25

8.9 Conclusion................................................................................................25

Chapter 9. Acknowledgement...................................................................26

Chapter 10: Annexures.............................................................................27

10.1 Annexure 1: Internship Offer Letter..........................................................27

10.2 Annexure 2: Internship Completion Certificate..........................................29

10.3 Annexure 3: Sample Income Tax Computation...........................................30

10.3.1 Sample Income Tax Computation Sheet..............................................................................30
10.3.2 Key Steps I Performed:......................................................................................................... 30

10.4 Annexure 4: Accounting Work Sample......................................................31

10.5 Annexure 5: Financial Analysis Sample.....................................................31

Key Observations:....................................................................................................................... 32
Learning Outcome:...................................................................................................................... 32

10.6 Annexure 6: Daily Work Log (January 3rd – February 16th , 2025)................32

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List of Tables
Table 1................................................................................................................................................................7
Table 2..............................................................................................................................................................20
Table 3..............................................................................................................................................................21
Table 4..............................................................................................................................................................21
Table 5..............................................................................................................................................................21
Table 6..............................................................................................................................................................30
Table 7..............................................................................................................................................................31
Table 8..............................................................................................................................................................32
Table 9..............................................................................................................................................................32
Table 10............................................................................................................................................................32
Table 11............................................................................................................................................................33
Table 12............................................................................................................................................................33
Table 13............................................................................................................................................................33
Table 14............................................................................................................................................................33

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List of Figures
Figure 1............................................................................................................................................................12
Figure 2............................................................................................................................................................14
Figure 3............................................................................................................................................................23
Figure 4............................................................................................................................................................24
Figure 5............................................................................................................................................................25

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Abbreviations
Symbol / Abbreviation Description
CA Chartered Accountant
ITR Income Tax Return
TDS Tax Deducted at Source
PAN Permanent Account Number
GST Goods and Services Tax
HSN Harmonized System of Nomenclature
IT Income Tax
P&L Profit and Loss
ERP Enterprise Resource Planning
GSTR-1 GST Return for Outward Supplies
GSTR-3B Monthly GST Summary Return
FY Financial Year
AY Assessment Year
MS Excel Microsoft Excel
ROI Return on Investment
Tally Accounting Software

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 Chapter 1. Introduction to Organization
Kartheek Pujari & Associates is a distinguished Chartered Accountancy business located in Chittoor,
Andhra Pradesh. Established and overseen by CA Kartheek Pujari, the firm has consistently evolved into a
reliable financial and compliance counsel for a diverse clientele. The firm is known for its professional
ethics, client-focused methodology, and commitment to excellence in financial consultancy and regulatory
compliance.

The company provides a comprehensive range of services, including:

 Goods and Services Tax (GST) Services: Support with GST registration, monthly and quarterly
return submissions (GSTR-1, GSTR-3B), and reconciliation of sales and purchase records.
 Income Tax Consultancy: Preparation and submission of Income Tax Returns (ITRs) for
individuals, enterprises, and partnerships; tax strategizing; and addressing fundamental enquiries
regarding tax deductions and exemptions.
 Accounting and Bookkeeping: Management of daily accounting records utilising programs such as
Tally and Excel, compilation of ledgers, vouchers, and cash books, and support in the formulation of
final accounts.
 Audit and Assurance Services: Assistance with statutory and internal audits, encompassing
documentation, verification of records, and analysis of financial statements.
 Financial Analysis and Advisory: Analysis of financial data to facilitate decision-making,
encompassing profit/loss summaries, cash flow monitoring, and budgeting insights.

The customers of Kartheek Pujari & Associates comprises salaried individuals, small and medium
enterprises (SMEs), traders, service providers, and local partnerships. The firm guarantees prompt adherence
to tax and regulatory obligations while providing tailored solutions according to the unique requirements of
each customer.
The company distinguishes itself by its:
 Focus on correctness and precision in financial documentation.
 Dedication to ethical principles and professional secrecy.
 Utilisation of contemporary instruments and digital platforms for effective service provision.
 Promotion of ongoing education and skill enhancement for trainees and interns.

Interning at Kartheek Pujari & Associates offers a comprehensive educational experience in applied
accounting and taxation. The company provides immediate visibility into customer engagements, tax

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compliance, financial data administration, and the utilisation of accounting software. It also cultivates a
robust sense of responsibility, meticulousness, and professionalism—crucial attributes for any prospective
finance professional.

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 Chapter 2. Organizational Structure
2.1 Purpose of the Internship
Completing my undergraduate degree, I interned at Kartheek Pujari & Associates, a reputable Chartered
Accountancy company with its headquarters in Chittoor, Andhra Pradesh. It was meant to give me an
immersive professional learning experience that would augment the classroom-acquired theoretical
knowledge. The goal was to become acquainted with the pragmatic application of accounting ideas, tax
policies, and compliance requirements in a real-world company environment.

As a future professional in the finance and accounting fields, I was driven to learn the nuances of how
chartered accountants help individuals and companies in following laws including the Income Tax Act and
the Goods and Services Tax (GST) system. I wanted to create a basis that would equip me for similar roles
or further study in finance, therefore preparing me for future obligations.

Along with developing important soft skills such communication, time management, and professional
discipline, this internship sought to It presented the chance to see firsthand how ethical behaviour and
secrecy are maintained in the profession of accounting, how deadlines are reached under duress, and how
decisions are taken in real-time.

The internship's goals were to provide actual experience with statutory compliance and financial
documentation.
 To grasp data management and report and file translation into action.
 To put scholarly knowledge to use in a working professional setting.
 To engage with experts and watch how client relationships are managed.
 To raise my competency in digital tools including Microsoft Excel and Tally.
 To have assurance in handling and analysing financial data.

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2.2 Assigned Role and Responsibilities
Under direct mentoring of CA Kartheek Pujari, I was positioned as an accounting and taxation intern during
my internship. My responsibility included assisting the internal procedures of the company by managing
basic but crucial chores directly related to the provision of services. These covered data input, compiling
invoices, document validation, and first financial record examination.
Every task I was assigned helped me to see how important even little chores are in the overall compliance
and reporting process. As I become more acquainted with the operation, my duties were set to progressively
get more complicated.
My main obligations included in the following:
 Entering transaction data in Tally Prime including receipts, purchases, sales, costs.
 Helping with journal voucher updating, cash book, ledger, preparing.
 Basic bank statement and purchase/sale register reconciliation
 Examining income and deduction-related records for preparation of an income tax return (ITR).
 Arranging and sorting supporting records needed for audit processes.
 Helping to file and document customer records—hard copy and digital form alike.
 Taking part in casual conversations on client situations and compliance policies.
Senior staff members closely guided and reviewed these responsibilities. Though most of the time I did not
personally engage with customers, I was able to see how information is obtained and handled for statutory
filings and how client questions are answered.

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2.3 Learning Goals Set
During the early portion of the internship, I established precise learning objectives to track my development
and optimise this opportunity. These objectives served as a personal checklist and a guiding framework
during the internship. My learning plan was created to achieve equilibrium between technological
advancement and personal skill augmentation.
a. Technical Learning Objectives:
 Proficiency in Software Utilisation: Acquire hands-on expertise with Tally Prime for financial data
entry and Microsoft Excel for data management and reporting activities.
 Comprehending Taxation Procedures: Acquire knowledge of the application of GST and income
tax legislation in return preparation, encompassing invoice categorisation and deduction treatment.
 Documentation & Accuracy: Comprehend the significance of precise documentation in ensuring
error-free compliance, and acquire knowledge of the appropriate format and sequence for managing
vouchers and ledgers.
 Exposure to Audit Preparation: Facilitate the foundational work necessary prior to internal or
statutory audits, encompassing the collection, verification, and organisation of requisite
documentation.
b. Behavioural and Professional Development Objectives:
 Workplace Communication: Acquire knowledge of communication dynamics within a professional
environment—both among peers and with clients.
 Discipline and Time Management: Examine how professionals efficiently manage time to adhere
to filing deadlines and fulfil customer expectations.
 Ethics and Confidentiality: Acknowledge the significance of managing sensitive financial
information with diligence and integrity.

2.4 Observations and Reflections

This internship provided a distinctive opportunity to witness the adaptation of theoretical accounting
practices to meet the real requirements of clients from varied backgrounds. I observed that choices were
rendered swiftly yet systematically, particularly during tax filing seasons or monthly closures. Even basic
data entry necessitated precision, as a minor error might impact compliance or postpone filings.
Through my involvement in this task, I developed an appreciation for the extensive behind-the-scenes labour
required for the compilation of tax returns and financial statements. I acquired insight into the difficulties
accountants encounter in navigating evolving legislation and advising customers through these transitions.
The experience was illuminating, establishing a robust foundation for both academic comprehension and
professional standards in the financial sector.

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 Chapter 3. Business Activity and Product/Service Portfolio
3.1 Overview of Business Activity
Kartheek Pujari & Associates is a professionally managed Chartered Accountancy firm located in Chittoor,
Andhra Pradesh. The company functions as a service-oriented entity specialising in financial consultancy,
tax advisory, audit support, and regulatory compliance. The primary objective is to streamline the intricate
financial and tax obligations encountered by individuals and enterprises, while maintaining rigorous
compliance with legal and regulatory norms.
The company's operations chiefly encompass ongoing customer interactions, the preparation and submission
of statutory returns, the maintenance of financial records, and the provision of consultation on diverse
financial and tax issues. The firm's distinctiveness is in its capacity to provide services that are client-
focused, time-sensitive, and morally grounded. The workflow is organised, and the professional atmosphere
promotes precision, responsibility, and confidentiality in managing financial information.
During my internship, I noted that the firm prioritises enduring client relationships founded on trust and
prompt service delivery. Each task, ranging from basic data entry to intricate return filing, is addressed with
meticulous attention to detail, highlighting the significance of quality in professional practice.

3.2 Services Offered

Kartheek Pujari & Associates provides a comprehensive suite of financial services designed to cater to a
diverse clientele, ranging from salaried individuals and freelancers to local businesses and growing
enterprises. The following are the major services offered by the firm:

3.2.1 Accounting and Bookkeeping

This constitutes the foundation of financial management. The firm guarantees that all client business
transactions are methodically documented and structured. The tasks encompass the daily documentation of
transactions, including sales, purchases, receipts, and payments.
 Keeping current ledgers, journals, and cash/bank registers.
 Producing monthly trial balances and aiding in the formulation of profit and loss statements and
balance sheets.
 Conducting initial account reconciliation to identify and rectify discrepancies.
These services provide clients with a real-time overview of their financial status and facilitate the
maintenance of organised records for auditing and compliance requirements.

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3.2.2 Income Tax Services
The organisation provides comprehensive income tax services customised for individual taxpayers, self-
employed professionals, and commercial entities. The services encompass:
Submission of Income Tax Returns (ITRs) across many classifications (ITR-1 to ITR-4).
• ITR-1 (Sahaj): Submitted by a salaried individual possessing one residential property and devoid of
business income. For instance, Mr. A receives an annual salary of ₹6,00,000 and possesses no further
income. Submitted ITR-1.
• ITR-2: Applicable for individuals having salary income and capital gains. Ms. B, a government employee,
realised profits from the sale of shares, necessitating the filing of ITR-2 due to capital gains.
• ITR-3: Applicable to professionals or proprietors of businesses.Example: Mr. C, a freelance software
engineer generating an annual income of ₹9,50,000 from clients – ITR-3 submitted.
• ITR-4 (Sugam): Applicable for presumptive income as per section 44ADA.A local store proprietor with a
turnover of ₹35 lakhs chose presumptive taxation – ITR-4 submitted.
Analyzing income streams, allowable deductions (under sections like 80C, 80D, etc.), and computing
tax liability.
Section Nature Example
80C Life insurance, PPF, ELSS, tuition fees ₹1,50,000 invested in PPF + child’s school fees
80D Health insurance premiums ₹25,000 for self, ₹30,000 for senior citizen parent
80G Donations to charities ₹10,000 donation to PM CARES – 100% deduction
80E Education loan interest ₹40,000 interest paid – fully deductible
Table 1

Reviewing Form 16, investment proofs, and TDS certificates.

Form 16 Review:
A salaried client’s Form 16 showed ₹7,20,000 gross salary, ₹60,000 standard deduction, and ₹12,000 TDS.
Verified accuracy before filing.
TDS Certificate (Form 16A):
Freelancer received Form 16A showing ₹75,000 TDS from bank FD interest. Cross-checked with Form
26AS before computing total income.
Investment Proofs Checked:
 LIC policy premium receipts
 Mutual fund ELSS statements
 Health insurance premium bills
 Tuition fee receipts for 2 children
Submission of returns via the Income Tax portal and follow-up for acknowledgment and refund status.

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During my internship, I assisted in the end-to-end process of submitting Income Tax Returns (ITRs) on
the Income Tax Department portal. This involved:
 Uploading finalized ITR forms (ITR-1 to ITR-4) after reviewing income details, deductions, and tax
computations.
 Using client login credentials or DSCs (Digital Signature Certificates) to validate and file returns.
 Ensuring accurate selection of assessment year, return type, and bank account for refund credit.
 Downloading and archiving the Acknowledgement (ITR-V) after successful submission.
Example: Filed ITR-2 for a salaried employee with capital gains. After submission, downloaded the ITR-V
and shared it with the client for e-verification via Aadhaar OTP.
Follow-up for Acknowledgement
Once returns were entered, I tracked:
 DSC, Net Banking, or Aadhaar OTP acknowledgement status to validate e-verification.
 Refund status via NSDL/TIN portal or by means of the "Check Refund Status" portal.
 Followed up with customers in situations where PAN-bank account mismatch or erroneous bank data
delayed reimbursements.
 Unverifiable returns
For instance, one customer's refund was stopped since PAN did not correlate with the bank account. We led
them to re-verify and fix the problem.
By working on these projects, I gained insight on how returns are filed error-free to prevent future
examination and how taxation ideas are essentially applied.

3.2.3 Audit Support and Documentation

Although the company does not handle audits for big corporations, it is very important for small firms and
people getting ready for statutory and internal audits. This entails compiling vouchers, bills, and pertinent
records required for financial review.
 Clearly and aesthetically presenting income sources and expenses by grouping them.
 Based on customer accounts, draughting first reports and summaries.
 Helping in traceable record provision and answering auditor questions.
My responsibilities included learning how audit trails are kept in professional practice and checking entries
against supporting documentation.

3.2.4 Financial Analysis and Reporting

Apart from compliance, the company provides analytical tools to assist customers in making wise financial
decisions. This covers helping to create comparison statements of revenue and expenses.

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  Spotting trends in income growth, seasonal sales patterns, and ongoing costs.Making basic reports
including cash flow, break-even projections, and profitability.
 Based on current data, counselling customers on financial health, investment strategy, or resource
allocation.
I saw how easily basic programs like Excel might be applied to clearly and practically convey financial data
in an orderly and useful fashion.

3.3 Clients and Industry Segments

Kartheek Pujari & Associates caters to a wide range of industry sectors and economic categories of
customers. The company has been adept in managing financial records for all kinds of business owners and
professionals.
A quick overview of client categories consists in:
 Salaried Employees: Filing ITRs, claiming deductions, and managing investment proofs.
 Freelancers & Consultants: Handling tax planning, GST registration, and income documentation.
 Retails & Traders: Keeping daily records, submitting returns, handling input/output taxes.
 Real Estate Professionals: Managing complex commission incomes and TDS compliance.
 Service-based SMEs: financial reporting, tax filing, end-to-end accounting
This broad client range enables the company to follow general financial rules simultaneously with applying
industry-specific strategies.

3.4 Work Environment and Tools Used

Kartheek Pujari & Associates is a structured but cooperative office. Staff members and interns are urged to
follow policies, ask questions, and responsibly meet deadlines. Important remarks about the workplace
consist in:
 Guided Learning: Under supervision, mentoring guarantees that junior employees and interns pick
skills via experience.
 The system incorporates documentation, review, and quality control checks under a process-driven
approach.
 Sensitive financial data is handled strictly under non-disclosure policies and with strong data
security practices.

Tools & Software Currently Used:

 Tally Prime for daily transaction inputs, ledger maintenance, and report preparation.
 Microsoft Excel: Applied mostly for tabular reports, data cleansing, reconciliation, and comparative
analysis.

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  For online return filing, tax computation, and notice processing, use the Income Tax e-Filing
Portal.

Modern financial operations depend on these instruments, hence using them personally allowed me to grasp
the practical aspect of accounting and compliance.

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 Chapter 4. Competencies and Talent Management
4.1 Introduction
The operation of a professional services organisation depends much on competencies and talent
management. At Kartheek Pujari & Associates, the capacity of the company to provide consistent and high-
quality service depends much on the skills, expertise, and ethical standards maintained by its employees.
This chapter describes the main skills needed in the company, how talent is developed, and the strategies
applied to guarantee ongoing professional growth inside the company.

4.2 Core Competencies of the Firm

The company bases its operations on a set of well-defined professional abilities including:
 Accounting Accuracy: One cannot negotiate the ability to precisely handle financial data.
 Regulatory Knowledge: Team members are expected to stay updated on evolving taxation laws,
GST rules, and audit standards.
 Analytical Thinking: Staff are trained to analyze discrepancies, perform reconciliations, and
interpret financial data for decision-making.
 Technological Proficiency: Essential is knowledge of government compliance websites, Excel, and
accounting systems including Tally ERP 9.
 Client Handling: Professionals must demonstrate strong communication and interpersonal skills for
effective client engagement.
These skills help the company to offer correct financial services, satisfy high compliance requirements, and
establish long-term bonds with customers.

4.3 Intern Development and Role Integration

I was progressively included into the corporate flow as an intern. Under a hands-on approach, the training
program assigned jobs depending on confidence level and degree of skill. During my internship, core areas
where growth of competency was underlined included:
 Accounting Principles in Practice: I was encouraged to apply concepts such as ledger maintenance,
journal entries, and trial balances to real client data under supervision.
 Regulatory Filing: Having practical knowledge of ITR filing helped me to grasp tax compliance
more fully.
 Attention to Detail: I developed an appreciation for the importance of accuracy as a critical
competency by observing how minor errors in invoice formatcould result in more significant
reconciliation issues.

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Interns were seen as active members of the company, and their tasks matched our learning curve so that
slow but steady professional development might result.

4.4 Talent Nurturing and Knowledge Sharing

The company has one of its strengths in its organised mentoring program. Time was spent by experienced
team members and senior chartered accountant guiding junior accountants. At the company, talent
management strategies applied included:
 Mentorship and Shadowing: Interns were assigned to senior staff members to observe and learn,
followed by assisting with task completion.
 Error-Based Learning: Mistakes occurring during data entry or filing were examined
constructively to advance knowledge and prevent repetition.
 Weekly constructive comments were given to check development, highlight areas of strength, and
bring up areas needing work.
 Informal Training Sessions: To keep everyone updated, the team regularly had internal
conversations on GST revisions or new tax laws.
These strategies guaranteed that the staff stayed current and matched with the corporate service requirements
regardless of experience level.

4.5 Ethical and Professional Conduct

Integrity and secrecy are firmly ingrained in the working culture at Kartheek Pujari & Associates. Including
interns, every team member was supposed to act professionally. The company upholds some fundamental
ideals including:
 Confidentiality: Client financial information had to be treated with the most great care.
 Timeliness: Following time plans and deadlines was non-negotiable.
 Ethics of Compliance: Prior to submission, all documentation and filings were evaluated for
properness and legitimacy.
 Etiquette and Professionalism: The team and clients communicated in a manner that was respectful
and professional.
The workplace promoted discipline while nevertheless being cooperative and encouraging.

4.6 Learning from Team Collaboration

Being part of a small but effective team allowed me to see how group efforts might provide regular service
delivery. I discovered:
 The distribution of roles balances tasks and satisfies several client deadlines.
 In teamwork, the value of responsibility and confidence.

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  Although they are urged to think for themselves, junior employees depend on elders for direction.
In a professional services setting, this exposure strengthened the need of common aims and mutual respect.

4.7 Conclusion
My internship experience was much shaped by Kartheek Pujari & Associates' emphasis on talents and
competencies. The company stressed technical knowledge as well as time management, ethics, and
communication. Together with pragmatic experience, these soft and hard skills helped me grow into a more
confident and professionally conscious person.

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 Chapter 5. My Internship Work
5.1 Overview of Assigned Responsibilities
My internship at Kartheek Pujari & Associates assigned me a range of responsibilities including practical
experience with compliance software, exposure to taxation processes, and application of accounting ideas.
These assignments were designed to progressively increase my knowledge of regulatory systems and
financial data handling confidence. Whether analytical or mundane, every duty greatly helped me to grasp
actual financial operations.
My areas of expertise ranged from basic accounting to income tax filing to client correspondence to assisting
in audit preparation.

5.2 Key Areas of Work

5.2.1 Accounting Entries and Documentation
Entering financial transactions into the Tally Prime accounting system of the company was one of the first
chores assigned to me. This included daily commercial transactions including sales, purchases, receipts, and
payments.
 Setting entries into suitable ledgers: Cash, Bank, Debtors, Creditors, etc.
 Correcting entries guarantees accuracy and matching balances using client information.
 Helping to create trial balances and spot anomalies for fixing.
This clarified for me double-entry accounting, diary entries, and the chart of accounts.

5.2.2 Ledger Maintenance and Voucher Processing

Maintaining ledgers for multiple clients involves my role in assuring correct account classification and entry
posting. Among the chores were building new ledger accounts with accurate grouping—that is, assets or
indirect charges.
 Taking in and checking purchase and sales vouchers.
 Verifying supporting records for legitimacy and accuracy including bills and invoices.
 Getting and going over cash books to track daily movements.
This accountability helped me to realise how important correct classification and documentation are for
preserving open financial information.
“Process of Recording Entries in Tally”

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 Tally Prime is a popular accounting software widely used in India for managing business
transactions. Recording entries in Tally is a fundamental aspect of using the software for maintaining
accurate financial records. Here's a breakdown of the process:
Figure 1

I. Knowing Vouchers: Foundation of Admission

Every financial transaction entered into Tally is noted using a voucher. Various kinds of transactions employ
several types of vouchers. First step is knowing the right kind of voucher. The primary voucher kinds are:
 Contra Voucher (F4): Utilised for transactions that involve bank accounts and currency (e.g.,
depositing cash into a bank, withdrawing cash from a bank, transferring funds between banks).
 Payment Voucher (F5): Used to make payments, such as salaries, rent, and the acquisition of assets
with cash or a Cheque.
 Receipt Voucher (F6): Used to document monetary receipts (e.g., cash or cheque acquired from
consumers, interest received, sale of assets with cash or cheque).
 Journal Voucher (F7) for provisions, depreciation, adjustment entries, and other non-cash or bank
directly related activities.
 F8 Sales Voucher: Designed to document goods or service sales. It can be recorded in "Item
Invoice" mode—for stock items—or "Accounting Invoice"—for services.
 Purchase Voucher (F9): Noted for goods or services purchases. It can be in "Item Invoice" or
"Accounting Invoice" mode, much as sales.

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  Used for documenting consumer returns or when you must debit a party—for overpriced invoices—
debit notes.
 Credit Notes: Designed for documenting returns to vendors or when you must credit a party—such
as for discounts obtained—they help you do so.
II. Methodologies for Entering Data

Recording an entry in Tally Prime follows generally these steps:

1.Visit Voucher Entry.

 Press Enter from Vouchers from the Gateway of Tally.

 You may also use the shortcut Alt + V.
 Use Alt + G (Go To), type or pick Create Voucher, and click Enter in Tally Prime.

2. Choose the voucher type:

 On the right side of the Voucher Creation page, you will find a button bar including several voucher
types (Payment, Receipt, Journal, Sales, Purchase, etc.) together with associated function key
shortcuts (F5, F6, F7, F8, F9, etc.).
 For the transaction you wish to document, click the relevant button or press the related function key.

3. Input the Voucher Information

 The type of voucher will affect the particular disciplines and data needed. Still, some common
components are:
 Date of the deal: Using the F2 key will let you modify the date.
 Usually auto-assigns voucher numbers, Tally allows you to set it as necessary.
 Account or Particulars: Here you choose the ledgers engaged in the transaction. In a payment
voucher, for instance, you would credit the cash or bank ledger and debit the expense ledger. Under a
sales voucher, you would credit the sales ledger after debiting the customer's account—or cash or
bank for cash sales.
 Amount: The transaction's money worth.
 Every transaction will thus have at least one debit and one credit entry since Tally uses the double-
entry bookkeeping system.
 Narration: For reference only, a synopsis of the transaction. Alt + R will let you access the last
narration kept for the first ledger; Ctrl + R will let you access the last narration kept for a particular
voucher type.

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  Bill-wise Details: You will usually have to input bill-wise details (e.g., against which bill a payment
is being made or received, or details of a new bill) for transactions involving debtors and creditors.

4. Accept Voucher:

 Press Enter to advance through the fields after inputting all the required information.
 At last Tally will ask "Accept? (Yes or No). Press Y or Enter to store the coupon. Press N or Escto to
trash the entry. Ctrl + A can also be used fast voucher acceptance.

III. Critical Points:

 Ledger Creation: Prior to documenting a transaction, it is imperative to establish the requisite

ledgers in Tally, including: customer accounts, supplier accounts, expense ledgers, income ledgers,
bank accounts, and cash accounts. Pressing Alt + C will let you generate a ledger on demand during
voucher entry.
 Double-entry bookkeeping's basic tenet—that every debit must be accompanied by a matching
credit of the same value—always reminds us Tally uses this idea.
 Accuracy: Enter the correct quantities, choose the suitable ledgers, and offer exact narrative to
ensure the dependability of financial records.
 Customisation: Tally offers a diverse array of configuration options to enable you to customise the
manner in which you record entries to conform to the unique needs of your business. Press F12:
Configure in the voucher entering interface to access these options.
 Voucher Modes: Sales and Purchase vouchers, for example, may be configured in a variety of ways
(e.g., Item Invoice, Accounting Invoice, As Voucher) depending on whether they are related to
inventory or accounting entries. Change Mode between these states via Ctrl + H.
Knowing the numerous voucher formats and following these rules will assist you to properly record your
company operations in Tally Prime and maintain accurate financial records. Choose the suitable voucher
type for every transaction to ensure correct accounting and reporting.

“Steps in Filing ITR”

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Figure 2

Working at Kartheek Pujari & Associates, I gained practical knowledge on electronically filing Income Tax
Returns (ITRs). Taxes can be online filed by taxpayers via the official Income Tax Department portal. The
sequential actions needed to properly complete the e-filing process are listed here:
Step 1: Login to the Income Tax Portal
Starting on the Income Tax Department's official website (https://www.incometax.gov.in/) the process starts
with logging in using correct credentials including PAN (Permanent Account Number), password, and
captcha code.
Step 2: Navigate to ‘File Income Tax Return’
After successful login, the user has to click "File Income Tax Return." Usually found either under the e-File
menu or on the webpage is this option. It starts the procedure of refund filing.
Step 3: Select the ‘Assessment Year’

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The choice of the pertinent Assessment Year for which the return is being submitted comes second. For
income attained in the Financial Year 2023–24, for instance, the relevant Assessment Year would be 2024–
25.
Step 4: Choose the Filing Status
The user next has to indicate their filing status—individual, Hindu Undivided Family (HUF), business, firm,
etc. This classification is crucial since it guides the relevant paperwork and tax slabs.
Step 5: Select the Appropriate ITR Form
The appropriate ITR form should be chosen based on the source of income—salary, business, capital gains,
etc.). For salaried people whose income falls less than ₹50 lakhs, for example, ITR-1 is utilised; for business
professionals, ITR-3 or ITR-4 may apply.
Step 6: Choose the Filing Reason
This stage is selecting the filing reason—mandatory filing according on income levels, refund claims, or
filing in response to departmental notice.
Step 7: Verify the Retouch
The system lets the user validate the return once all the necessary information—income data, deductions, tax
paid—has been entered. This guarantees accurate computations and correct filling in all spheres.
Step 8: E-Verify the Comeback
E-verification comes last and is absolutely vital. One can accomplish this with choices ranging from
Aadhaar OTP to net banking to bank account validation to digital signature certificates (DSC). E-
verification finishes the filing procedure; no physical submission is needed later on.

5.2.3 Income Tax Compliance and Filing

I also helped people and small companies prepare and submit income tax returns. Among the tasks involved
include gathering pertinent records like Form 16, bank statements, and investment documentation.
 Finding relevant deductions under areas such 80C, 80D, etc.
 Data entering into a portal or income tax filing system.
 Exercising cross-checks with past returns and reviewing computations to spot differences.
This encounter familiarised me with ITR form structure and the subtleties in tax computation and
submission.

5.2.4 Audit Support and Documentation

In the second half of the internship, I got the chance to help with documentation organisation needed for
internal and statutory audits.
 Examining supporting documentation including payment vouchers, bank statements, and bills.
 Getting checklists and summaries ready for auditor use.

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  Knowing audit questions and helping to correct little variances.
This part gave a window into the audit process and its focus on documentation and validation..

5.2.5 Client Interaction and Communication

Though small, I had the opportunity to personally or via documentation follow-up connect with clients.
 This covered asking for missing invoices or details for GST returns.
 Clarifying questions on file systems or document types.
 Knowing client worries and forwarding the same to the staff for fix.
This encounter made clear the need of professionalism and clarity in client correspondence.

5.3 Tools and Technologies Used

I used several digital tools and platforms often during the internship:
 Tally Prime: For the purpose of entry and ledger maintenance in accounting.
 Microsoft Excel: For the purpose of data reconciliation, report formatting, and rudimentary
calculations.
 E-filings for Income Tax Website: For turning in company and personal tax returns.
Learning to navigate these platforms was instrumental in applying theoretical knowledge to real business
scenarios.

5.4 Work Schedule and Supervision

The internship came with a set agenda. Usually, every day consisted in:
 Task distribution or morning briefing.
 Individual effort on designated returns or files.
 Mentor afternoon review and conversation.
 Documentation, filing, or follow-up before the wrap-up at end-of-day.
 Senior staff members checked every contribution before it was finalised, therefore ensuring full
supervision.
This helped to keep quality high and early error corrections possible.

5.5 Challenges Faced and How I Overcame Them

Among the first challenges I faced during the internship were:
 Gaining knowledge of accounting techniques tailored for clients.
 Changing to several invoice styles and resolving variances.
 Negotiating compliance systems without past practical knowledge.

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Through constant studying, note-taking, seeing senior personnel, and not thinking twice to ask questions, I
overcome these obstacles. I grew more self-assured and independent over time in managing daily
responsibilities.

5.6 Learning from Team Collaboration

Being part of a small but effective team allowed me to see how group efforts might provide regular service
delivery. I discovered:
 The distribution of roles balances tasks and satisfies several client deadlines.
 In teamwork, the value of responsibility and confidence.
 Although they are urged to think for themselves, junior employees depend on elders for direction.
In a professional services setting, this exposure strengthened the need of common aims and mutual respect.

5.7 Conclusion
The work experience at Kartheek Pujari & Associates was both practical and insightful. It gave me a
comprehensive understanding of accounting operations, taxation procedures, and compliance requirements
in a real-world setting. By being directly involved in essential financial tasks, I developed both technical
skills and professional maturity that I believe will be valuable in my future career.

Chapter 6. Learning Experience and Relevance

6.1 Introduction to Learning
Internships give a chance to turn classroom knowledge into useful experience. Working for professional
Chartered Accountancy company Kartheek Pujari & Associates let me see and interact with actual tax and
financial procedures. I took care of several accounting, compliance, tax, and documentation related chores
for the company. This encounter improved not only my technical skills but also my career and personal
growth.

6.2 Key Areas of Learning

The table below outlines the domains in which I developed practical knowledge during my internship:

Area Description of Learning

Accounting Practices Ledger maintenance, transaction recording, cash book handling.
Taxation (ITR) Preparing ITRs, document verification.
Software Proficiency Use of Tally ERP 9, Microsoft Excel, GST/IT portals.
Audit Support Documentation, voucher checking, preparation for internal audits.

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 Area Description of Learning
Communication Skills Interaction with clients, report drafting, professional email writing.
Table 2

6.3 Tools and Software Exposure

Working with digital tools gave me practical exposure to how accounting operations are carried out
efficiently. The table below highlights the tools I used and their purposes:
Tool/Software Application in Internship
Tally Prime Entry of vouchers, ledger maintenance, generation of financial reports.
Microsoft Excel Data reconciliation, invoice compilation, and working paper preparation.
Supporting income tax return filing through form validation and tax computation
Income Tax e-Filing
assistance.
Table 3

This hands-on usage improved my confidence and familiarity with the digital tools widely used in the
financial sector.

6.4 Bridging Academic Concepts with Practice

During the internship, I observed the direct application of several academic subjects. The table below shows
how classroom concepts matched with real-time work:
Academic Subject Practical Application
Financial Accounting Recording journal entries, preparing ledgers, generating trial balances.
Taxation Laws Filing returns, applying deductions, understanding compliance timelines.
Reviewing audit trails, understanding document flow, preparing for
Corporate Law & Audit
audits.
Information Systems in Accounting Using Tally for accounting automation, Excel for data processing.
Table 4

This alignment helped reinforce and contextualize my academic knowledge in a meaningful way.

6.5 Soft Skills and Workplace Behaviour

Beyond technical tasks, I had the opportunity to develop soft skills essential for a professional setting:
Skill Area Experience Gained
Communication Clarifying client doubts, reporting errors, coordinating with seniors.
Time Management Managing daily checklists, meeting filing deadlines, balancing multiple tasks.
Problem Solving Identifying mismatches in invoices, resolving GST entry errors, validating data entries.
Attention to Detail Verifying invoice formats, matching amounts, checking GSTIN and HSN codes.
Table 5

These skills contributed to a more complete understanding of what it means to be job-ready.

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6.6 Personal Growth and Relevance
The internship served to develop the following aspects of me:

 Develop discipline by means of office procedures and deadlines.

 Enhanced responsibility for and ownership of given projects.
 Learnt analytical skills by spotting financial contradictions.
 Increased my passion in accounting and taxes as possible vocations.
It also helped me to be more conscious of industry reality and professional expectations, so guiding my
future planning.

6.7 Summary
In conclusion, my internship was not merely about task execution but about meaningful learning. It
reinforced technical knowledge, strengthened software skills, enhanced professional conduct, and aligned
well with my academic background. The practical exposure I gained will be immensely helpful in my
continued academic journey and in pursuing future roles in finance, tax consultancy, or audit-related
domains.

Chapter 7. Conclusions
7.1 Summary of Internship Experience
My academic and professional path has been transforming during my internship at Chittoor, Andhra
Pradesh, Kartheek Pujari & Associates, a Chartered Accountancy company. Through many accounting,
taxation, and compliance-related chores, I had the chance to interact with real-time financial procedures and
help the company run over the duration of the internship.
Learning to traverse financial software, comprehending tax return procedures, managing ledgers, helping
with customer documentation, and gaining insight into internal operations comprised the task. These
exercises helped me to apply theoretical ideas and gain knowledge not possible with only classroom
education.

7.2 Key Takeaways

From both technical knowledge and personal growth, this internship revealed several important teachings:
 Professional Exposure: I gained a thorough awareness of the pace, organisation, and expectations of
the workplace of a Chartered Accountancy business in practice.
 Skill Development: My practical skill set was significantly enhanced by my hands-on experience
with software such as Tally Prime, Microsoft Excel, and the GST/Income Tax e-filing portals..

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  Regulatory Insight: By learning about GST, Income Tax, and financial reporting compliance rules,
I became better at comprehending and analysing statutory rules.
 Client Interaction: I saw how long-term corporate partnerships and client satisfaction depend
critically on accuracy and communication.
 Task and Time Management: The ability to prioritise, coordinate, and manage work pressure
constructively was developed as a result of managing responsibilities within deadlines.

7.3 Alignment with Academic Curriculum

One of the advantages of this internship was how perfectly it fit my academic schedule. Over this time,
subjects such financial accounting, taxation, audit, and information systems were essentially enhanced.
Whether it was checking invoices or creating reports, every chore carried on the ideas I had learnt. This
relevance underlined the need of academic roots and the need of experience-based learning.

7.4 Personal Reflections

This internship opened doors into the working world, not merely about meeting a requirement for
academics. It provided me hope for my capacity to grow, pick knowledge, and significantly help a team run.
The company has a friendly learning environment, and I appreciate the direction my team mates, seniors,
and mentor gave me. In responsibilities connected to accounting, I also came to see the value of accuracy,
consistency, and honesty.

The internship also let me consider my interests in a profession. Working on taxes—especially with income
tax returns—has sparked my desire in future specialisation in tax consulting or financial compliance.

7.5 Closing Remarks

All things considered, the internship at Kartheek Pujari & Associates was fulfilling and educational. It
improved my knowledge, ability, and viewpoint and helped me to better grasp the requirements for success
in the fields of accounting and finance. The experience has set a strong basis for my next projects and has
improved my intellectual and professional skills, thereby enabling me to work in this field.

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 Chapter 8. Suggestions for future internship work in the
organisation
8.1 Introduction
Drawing on my practical knowledge and observations during the Kartheek Pujari & Associates internship, I
would want to provide helpful recommendations based on which the internship format and general
experience of next interns may be strengthened. These ideas seek to maximise learning results, simplify
operational effectiveness, and improve intern professional growth.

8.2 Structured Onboarding and Orientation

The onboarding process is one place that can use improvement. Though I was briefed on the main operations
of the company, a more regimented orientation session at the start of the internship could assist next interns
settle in more quickly.
This may encompass the following:
 A concise overview of the organization's history, structure, and primary areas of expertise.
 A demonstration of significant software applications, such as Tally Prime, Excel, and tax submission
portals.
 Fundamental training modules regarding GST and income tax procedures.
This kind of strategy would lower the starting learning curve and let interns start making significant
contributions earlier on.

8.3 Defined Roles and Learning Objectives

Although the internship consisted in many activities, weekly job plans and a clear set of learning objectives
help to define the intern's responsibility.
 For tasks including data entry, coupon management, or GSTR filing, for instance, allocate them
week-wise.
 A list of abilities one should have by the end of the internship.
Interns would have a clear direction and be able to monitor their development over the internship using this
structure.

8.4 Rotational Exposure to Different Services

Interns can benefit greatly from rotational exposure across service lines, such as:
 Spending one week focusing on bookkeeping and financial reporting.
 The next week on GST compliance and filing.
 Another week on Income Tax returns and audit preparations.

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This structured rotation would ensure interns gain a well-rounded understanding of the various functional
areas of the firm.

8.5 Inclusion in Client Meetings and Reviews

Allowing interns to watch client meetings—especially those pertaining to audit talks or tax planning—
would expose them to real-time decision-making and advice procedures wherever suitable and allowed. This
will enable them to grasp the relevance of transparent communication in a consulting environment as well as
the pragmatic consequences of financial data.

8.6 Performance Feedback Mechanism

By use of a mid-internship and end-of-internship review system, interns could be better able to recognise
their areas of strength and areas of weakness. When given timely constructive comments, their learning
curve can be much improved and their performance will be inspired.

8.7 Access to Learning Materials

Giving interns access to tools as eBooks on taxation, Excel shortcuts, or audit procedures would enhance
their academic knowledge and balance their practical experience.
This can be somewhat effectively served by a digital folder including reference resources or a little
knowledge corner.

8.8 Encouraging Documentation of Work

Encouragement of interns to keep a daily work log or provide a concise weekly report summarising their
activities and learnings will help to develop the habit of self-reflection and documentation—skills much
sought after in the finance sector.
This also enables the company to keep track of intern activity for performance reports or future needs.

8.9 Conclusion
By including these ideas, the internship at Kartheek Pujari & Associates might be enhanced and a more
orderly, effective, and powerful internship framework created. While the company stands to gain more
educated and productive contributors, interns will gain from improved learning outcomes. A little
expenditure in these areas can help to establish a good reputation as a useful training ground for future
financial professionals.

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 Chapter 9. Acknowledgement
I would like to extend my sincere appreciation to all those who provided me with support and guidance
during my internship at Kartheek Pujari & Associates, Chartered Accountant, Chittoor.
First and most importantly, I would want to sincerely extend my gratitude to Mr. Kartheek Pujari, the owner
of the company, for giving me the chance to work under his outstanding direction. His advice, knowledge,
and support really helped me to better grasp the pragmatic sides of accounting, taxation, and financial
consulting. The entire team at the firm was exceedingly patient and supportive, and I would also like to
acknowledge their assistance. Their eagerness to impart knowledge and clarify tasks guided me outside of
textbooks and classroom ideas. I have always found great impact in the work culture of the company, which
stresses ethical behaviour, discipline, and accuracy.
Thanks especially to Assistant Professor Dr. Chanchala Srivastava of Ramaiah University of Applied
Sciences for her ongoing support, encouragement, and insightful comments over the internship. Her
direction has enabled me to significantly link my academic knowledge to practical professional applications.
I would also like to express my gratitude to the faculty members and coordinators at Ramaiah University of
Applied Sciences for the well-organised academic program that facilitated this internship and better
prepared me for industry exposure.
At last, I would want to sincerely thank you to my friends and family for your continuous support,
inspiration, and belief in my own ability. Their relentless help has been quite helpful in finishing this
internship satisfactorily.
This internship marks a turning point in my academic path, and I am still extremely grateful to everyone
who helped to make it a worthwhile and enjoyable educational tool.

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 Chapter 10: Annexures
The following annexures are included to provide supplementary evidence and references for the work
completed during my internship. These documents support the content described in the report and reflect my
active involvement in the firm’s operations.

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10.1 Annexure 1: Internship Offer Letter
Figure 3

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Figure 4

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10.2 Annexure 2: Internship Completion Certificate
Figure 5

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10.3 Annexure 3: Sample Income Tax Computation
This annexure presents a sample income tax computation sheet prepared during my internship at Kartheek
Pujari & Associates. The computation was done as part of filing Individual Income Tax Returns (ITR), and
includes gross income calculation, deductions under applicable sections, and final tax payable.
All personal data has been anonymized to preserve confidentiality and the example is intended solely for
academic illustration.

10.3.1 Sample Income Tax Computation Sheet

Particulars Amount (₹)
1. Income from Salary 5,40,000
2. Income from Other Sources 15,000
3. Gross Total Income (1 + 2) 5,55,000
Less: Deductions under Chapter VI-A
- Section 80C (LIC, PPF, ELSS, etc.) 1,20,000
- Section 80D (Medical Insurance) 25,000
Total Deductions 1,45,000
Net Taxable Income (Gross Total - Deductions) 4,10,000
4. Tax Computation
- Upto ₹2,50,000 NIL
- ₹2,50,001 to ₹5,00,000 (5%) 8,000
5. Total Tax Payable (before rebate) 8,000
- Rebate under Section 87A 8,000
6. Net Tax Liability (after rebate) ₹0
Table 6

10.3.2 Key Steps I Performed:

 Collected and reviewed Form 16 from the client.
 Verified supporting documents for deductions (LIC receipts, PPF statement, medical bills).
 Entered income and deductions into the ITR utility (Excel or Income Tax portal).
 Cross-checked final tax liability for rebate eligibility.
 Uploaded and assisted in filing ITR on the government e-filing portal.

10.4 Annexure 4: Accounting Work Sample

This section includes a sample of accounting entries I assisted with during my internship at Kartheek
Pujari & Associates. The work was primarily done using Tally Prime, a widely used accounting software.

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Below is a representation of anonymized ledger and voucher entries reflecting the process of recording
financial transactions.
Date Voucher Type Particulars Debit (₹) Credit (₹) Ledger
01-Apr-2024 Payment Office Rent 15,000 - Rent A/c
03-Apr-2024 Receipt Client Payment Received - 25,000 Bank A/c
05-Apr-2024 Sales Goods Sold - 40,000 Sales A/c
08-Apr-2024 Purchase Raw Material Purchase 30,000 - Purchase A/c
Table 7

Explanation of the Work Done:

 Recording Transactions: Each business activity—whether payment, receipt, sale, or purchase—was
documented in Tally with the correct voucher type and ledgers.
 Ledger Selection: Entries were correctly mapped to relevant ledger accounts, such as Rent A/c,
Sales A/c, Purchase A/c, and Bank A/c.
 Balancing Entries: Debits and credits were accurately balanced to ensure financial integrity.
 Trial Balance Assistance: These entries contributed to the monthly trial balance generation, used
to analyze the company’s financial standing.

10.5 Annexure 5: Financial Analysis Sample

During my internship at Kartheek Pujari & Associates, I was involved in the preparation of basic financial
analysis reports for small business clients. These reports helped assess financial performance by comparing
income and expenses, identifying trends in cash flow, and evaluating profit or loss.
Below is a simplified and anonymized version of a monthly financial summary I helped compile:
Sample Monthly Financial Summary (April 2024)
Category Amount (₹)
Total Income 1,50,000
- Sales Revenue 1,20,000
- Other Income 30,000
Total Expenses 95,000
- Raw Materials 40,000
- Rent and Utilities 15,000
- Salaries 25,000
- Misc. Expenses 15,000
Net Profit 55,000
Table 8

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Key Observations:
 Income vs. Expense Comparison: The business generated a healthy surplus with income exceeding
expenses by ₹55,000.
 Major Expense Heads: Raw materials and salaries were the largest outflows.
 Profitability Insight: The company achieved a net profit margin of approximately 36.6% for the
month, which indicates a strong financial position.

Learning Outcome:
This analysis improved my understanding of:
 How income and expense data are extracted and categorized.
 The role of Microsoft Excel in structuring financial reports.
 Interpreting financial health indicators such as net profit, expense ratios, and cash inflow/outflow
balance.

10.6 Annexure 6: Daily Work Log (January 3rd – February 16th , 2025)
Internship Duration: 45 days
Organization: Kartheek Pujari & Associates
Nature of Work: Accounting, Income Tax Filing, Financial Analysis
Week 1 (Jan 3 – Jan 8): Orientation & Initial Training
Date Work Description
Jan 3 (Fri) Orientation on firm’s structure, clients, tools (Tally ERP 9 & Excel).
Jan 4 (Sat) Introduced to documentation standards and basic accounting terms.
Jan 6–8 (Mon–Wed) Practice session on ledger creation and voucher entry in Tally.
Table 9

Week 2 (Jan 9 – Jan 15): Core Accounting Functions

Date Work Description
Jan 9–11 (Thu–Sat) Entered daily transactions (sales/purchases/expenses) in Tally under supervision.
Jan 13–15 (Mon–Wed) Reconciled bank and cash book entries; validated trial balances.
Table 10

Week 3 (Jan 16 – Jan 22): Income Tax Filing Work

Date Work Description
Jan 16–18 (Thu–Sat) Collected client documents for ITR; reviewed income sources and deductions.
Jan 20–22 (Mon–Wed) Assisted with tax computation and return filing for salaried individuals.
Table 11

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Week 4 (Jan 23 – Jan 29): Financial Analysis
Date Work Description
Jan 23–25 (Thu–Sat) Prepared income and expense reports in Excel; discussed cash flow observations.
Jan 27–29 (Mon–Wed) Created profit and loss summaries with Excel formulas; assisted in data formatting.
Table 12

Week 5 (Jan 30 – Feb 5): Auditing and Review Assistance

Date Work Description
Jan 30 – Feb 1 (Thu–Sat) Reviewed supporting vouchers, bills, and documentation for audit files.
Feb 3–5 (Mon–Wed) Helped compile internal checklists and assisted with audit trail preparation.
Table 13

Week 6 (Feb 6 – Feb 16): Final Review & Documentation

Date Work Description
Feb 6–8 (Thu–Sat) Completed summarization of financials and client files.
Feb 10–12 (Mon–Wed) Participated in team reviews and case discussions.
Feb 13–15 (Thu–Sat) Prepared daily reports, updated work logs, finalized documentation.
Feb 16 (Sun) Internship wrap-up, reflections, and feedback session with mentor.
Table 14

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