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Lohitha Priya Bommidi

Steadfast Business Consulting

Position: Senior Consultant, Virtual CFO & Audit Assurance
Jurisdictions:
Languages:
English
Hindi
Telugu
Biography
Lohitha Priya Bommidi is a Chartered Accountant with more than three years of experience in indirect taxation, direct taxation, statutory audit and financial reporting. She advises both listed and unlisted entities on compliance, tax and assurance matters across a range of industries.

In indirect taxation, Lohitha manages end-to-end GST compliance processes, including data collection, monthly filings and reconciliations. She has assisted clients with annual GST return filings in Forms 9 and 9C across the aviation, media, real estate and technology sectors. Her experience also includes handling GST refund claims for exporters, resolving GSTR-2B and input tax credit discrepancies through vendor coordination, and drafting responses to show cause notices.

Her direct tax experience encompasses corporate and individual income tax return filings, TDS compliance and reconciliations, as well as international tax compliance matters, including Forms 15CA and 15CB. She has also worked on transfer pricing documentation and reporting assignments.

In audit and assurance, Lohitha has led teams in planning and executing statutory audits for software and manufacturing companies in accordance with Ind AS and the Companies Act. She has been recognised for her contributions through both a Client Recognition Award and a Best Team Award.
Recent Matter / Case Highlights

  • Managed end-to-end GST compliance and reconciliations for clients across aviation, media, real estate and technology sectors.
  • Assisted with annual GST return filings, including Forms 9 and 9C.
  • Handled GST refund claims for exporter clients.
  • Resolved GSTR-2B and input tax credit mismatches through vendor coordination and reconciliation processes.
  • Drafted responses to GST show cause notices.
  • Managed corporate and individual income tax compliance engagements.
  • Assisted with international tax compliance, including Forms 15CA and 15CB.
  • Prepared transfer pricing documentation and related reports.
  • Led statutory audit engagements for software and manufacturing companies under Ind AS and the Companies Act.
Key Practice Areas

  • Corporate Tax
  • Indirect Tax
  • GST Compliance and Advisory
  • Tax Consulting
  • Tax Advisory
  • Transfer Pricing
  • Audit Support
  • Statutory Audits
  • Financial Reporting
  • Dispute Resolution
  • Pre-Litigation Tax Matters
Sector Expertise

  • Aviation
  • Media
  • Real Estate
  • Technology and Telecommunications
  • Manufacturing
  • Software
Education / Alumni

  • Chartered Accountant, Institute of Chartered Accountants of India (ICAI)

Bar Admissions

Institute of Chartered Accountants of India (ICAI)

Address:
Suite 5, Level 3, Reliance Cyber Ville, Vittal Rao Nagar, Madhapur, Hitech City, Hyderabad, Telangana 500081
India
Tel:+91 9014 079 600 Email:Contact this practitioner Website:https://steadfastconsultants.in/sbc-team/ca-lohitha-priya-b/

Related Practitioners

  • Harsha Vardhan Achari is a Chartered Accountant specialising in direct taxation, litigation support, audit, compliance, and financial reporting. He advises corporate clients, including manufacturing groups, on managing tax and compliance risks while operating within complex regulatory frameworks.
  • Rishi Agrawal is a Chartered Accountant with more than 18 years of professional experience and has advised on over 200 transaction and deal advisory engagements across India and the Middle East. His experience spans sell-side and buy-side transactions, financial due diligence, mergers and acquisitions, corporate finance and fundraising engagements across a broad range of industries.
  • Sri Alekhya Puli is a GST professional focusing on compliance, litigation, and indirect tax advisory matters. Her practice encompasses GST registration, return filing, input tax credit reconciliation, and the management of notices and enquiries from tax authorities.
  • Manish Bajaj is a Chartered Accountant and the Managing Partner of Steadfast Business Consulting LLP's Mumbai office. He has more than two decades of experience in the financial services sector, including leadership positions with PwC, Edelweiss and Credit Suisse.
  • Satish Kumar Golakoti is a Chartered Accountant with more than six years of professional experience, including his articleship, in audit and assurance. Prior to joining Steadfast Business Consulting LLP, he worked as a Senior in the Assurance practice at EY India, where he gained significant experience leading audit engagements for large and complex organisations.
  • Deepthi Mathur has more than 17 years of professional experience, including nearly a decade specialising in transfer pricing. Her practice encompasses corporate tax, tax assessments before various forums, financial analysis and reporting, and advisory services for multinational enterprises.
  • Sudheer Polana advises multinational enterprises operating in India on transfer pricing, international taxation, and business taxation, with a particular focus on tax controversy management. His transfer pricing litigation and advisory practice involves identifying exposure across transfer pricing and base erosion and profit shifting (BEPS) positions and advising clients on effective risk management and mitigation strategies.