-
Call Us +91 836 889 5389
Call Us +91 836 889 5389
Taxation presents the most dynamic and complex challenge in the context of financial planning. We appreciate that in tax planning and litigation strategy every case is unique and accordingly we advise our clients to apply tax and related laws to their unique situations. With our expertise in the field of searches and investigation, we share our experience, information and analytical skills so that litigation is not unnecessarily prolonged. Obtaining the best advice in time can reduce the stress of investigation and search actions. Our members are proficient in both domestic and international tax and represent clients before all authorities.
After amendment in 2016 the Prohibition of Benami Transactions Act has come into life and transactions are being identified rapidly. The investigations are increasing in number all the time. The investigations can get tricky sometimes when it comes to benami transactions. Attachment of property takes away peace of mind. So, our team is there to help, advise and get things done thoroughly and professionally. Obtaining the best advice when you need it can save you a lot of money and time and reduce stress. We understand the pain and advise clients on all aspects of the issue. We go into factual details, prepare reply and represent our clients before the Adjudicating Authority and the Appellate Tribunal.
India is signatory to the following UN Conventions, which deal with Anti Money Laundering / Countering the Financing of Terrorism:
United Nations General Assembly (UNGASS) adopted a political declaration in the special session held on 8th to 10th June 1998 calling upon member States to adopt Anti-Money Laundering Legislation & Programme. India is also signatory to this and, accordingly, the ‘Prevention of Money Laundering Act, 2002’ (PMLA 2002) came into existence. This Act has been substantially amended, by way of enlarging its scope, in 2009 (w.e.f. 01.06.2009), by enactment of Prevention of Money Laundering (Amendment) Act, 2009. The Act was further amended by Prevention of MoneyLaundering (Amendment) Act, 2012 w.e.f. 15-02-2013. The enforcement of this Act has resulted in a large number of cases of attachment of properties. We advise clients on all aspects of this issue, prepare reply and represent before the Adjudicating Authority and Appellate Tribunal.
We challenge ourselves to solve problems of our clients to make them stress free and offer specialist skills beyond the reach of most firms.
You can count on us when it comes to reliability, experience & professionalism.
We value long term relationship. Maintaining complete confidentiality is our motto.
Exceptional experience and understanding of law; we combine the experience of IRS and professional chartered accountant
Caring and well educated senior tax professionals.
He was Member, Authority for Advance Rulings where he along with a Supreme Court Judge gave more than 250 rulings concerning international taxation. Earlier he was Director General of Income Tax (Investigation) and Chief Commissioner of Income Tax. He worked as Director in the Prime Minister’s Office for six years, working with three Prime Ministers. Besides this, he also has experience of working in a Public Sector as Director (Finance), in Delhi Electricity Regulatory Commission (DERC) as Secretary and in the Enforcement Directorate.
An alumnus of Harvard University, USA, he is recipient of awards in the field of investigation and intelligence collection from the Finance Ministry and a Special award for best electoral practises for conduct of elections from the Election Commission of India.
He was Member, Central Board of Indirect Taxes and Customs (CBIC) and is presently consultant to FICCI. As Member, CBIC, he was responsible for pioneering GST. He was also involved in rationalization of Customs procedure. He has immense experience of working on the intelligence and Investigation with respect to violation of provisions of Customs Act and Central Excise Act as he was in Directorate of Revenue Intelligence for a very long time. He also has unique experience of working as First Secretary in the Indian High Commission in London.
Former Chief commissioner of Income Tax has 35 years experience in handling Income tax cases including Corporate tax, Transfer pricing and International taxation. He is trained as Tax fraud administration professional,under UNDP programme at Los Angeles U.S and also attended Global executive Programme for Chief Commissioners of Income tax at Wharton school of Business USA.
A Chartered Accountant by profession, he brings more than thirty years of experience in the areas of taxation, audit, accounting and consulting. His firm A Krishnamoorthy & Co has an excellent team of professionals, which includes senior chartered accountants as well as former taxmen who render advisory, planning, compliance and audit services primarily in the field of Income Tax. Through their unrelenting quest for excellence, they have established their presence in Tamil Nadu by offering value-based services to the industrial, financial and the services sectors covering the widest range of economic activities. Mr Krishnamoorthy has led his team while representing before various authorities dealing with Assessments/Appeals, Transfer Pricing, International Taxation, Income Tax Appellate Tribunal and Income Tax Settlement Commission. Apart from these professional activities, he is now very active in cases relating to Benami property transactions & has represented before Adjudicating Authority as well as Appellate Tribunal under PBPT Act in some high profile cases. He is our associate at Chennai.
We have started as a consortium of tax professionals and we welcome enthusiastic tax professionals and ex-IRS officers on this platform to share their experiences, write articles on important tax related issues, discuss on-going tax disputes and associate with us. You can write to us at aktewary@taxindiaconsortium.com
