National Tax Conference

Organised by

ALL INDIA FEDERATION OF TAX PRACTITIONERS – SOUTHERN ZONE

Jointly With

ANDHRA PRADESH TAX PRACTITIONERS & CONSULTANTS ASSOCIATION

THE CHITTOOR DISTRICT TAX PRACTITIONERS & CONSULTANTS ASSOCIATION

THE TIRUPATI TAX PRACTITIONERS & CONSULTANTS ASSOCIATION

and

INSTITUTE OF TAX PRACTITIONERS OF INDIA

on 22nd and 23rd June, 2019

at Hotel Fortune Select Grand Ridge,

#8-84, Shilparamam (Urban Hut), Tiruchanoor Road, Tirupati

THEME : KNOWLEDGE IS DIVINE – LEARN TO LIVE

The Southern Zone of All India Federation of Tax Practitioners is organising a 2 day National Tax Conference at Hotel Fortune Select Grand Ridge, #8-84, Shilparamam (Urban Hut), Tiruchanoor Road, Tirupati – 517 503, Andhra Pradesh on Saturday 22nd June,2019 and Sunday 23rd June, 2019 in association with Andhra Pradesh Tax Practitioners & Consultants Association, Guntur, The Chittoor District Tax Practitioners & Consultants Association, Tirupati, The Tirupati Tax Practitioners & Consultants Association, Tirupati and Institute of Tax Practitioners of India, Tirupati.

Tirupati, the temple town, worldwide renowned pilgrim centre was chosen for this conference as Tirupati is considered one of the holiest Hindu Pilgrim centres because of Sri Venkateswara Swami Temple, Tirumala besides other historical temples and is referred to as the “Spiritual Capital of Andhra Pradesh”. Tirupati is also home to many Educational Institutions and Universities.

The NTC is packed with lot of learning to enrich the participants with the knowledge in topics covering recent developments in Direct & Indirect tax laws for discussion at the Conference. The historical monuments will make learning a pleasure and the NTC will enable good networking and create long-term intangible assets of fond memories.

22nd June, 2019 (Saturday)

9.00 am to 9.30 am Registration, fellowship & breakfast

9.30 am to 11.30 am Chief Guest : Judge, Supreme Court of lndia*

Inaugural Session

Guests of Honour : Chief Justice, High Court of AP*Judge, High Court of AP*

11.30 am to 11.45 am Tea Break

11.45 am to l.15 pm 1st Technical Session

Topic : Input Tax Credit Eligibility & Procedure under GST

Chairman : Shri M. V. J. K. Kumar, Advocate, Hyderabad

Guest : Commissioner, CGST Commissionerate, Tirupati

Speakers : 1. Dr. Venkatanath, M. C., CA. Tirupati

2. CA Raginee Goyal, Guwahati

1.15 pm to 2.00 pm Lunch

2.00 pm to 3.30 pm 2nd Technical Session

Topic : Real Estate & Works Contracts both under Income-tax & GST

Chairman : Shri Sreedhara Parthasarathy, President, ITPI

Guest : CIT (Appeals), Tirupati

Speaker : CA. Bramhananda Rao B., Rajahmundry

3.30 pm to 3.45 pm Tea Break

3.45 pm to 5.15 pm 3rd Technical Session

Topic : E-filing & e-communication in GST

Chairman : Shri J. Mruthyunjaya Rao, DC (ST)(Retd.), Hyderabad

Speaker : CA. Chunduru Sudheer, Vijayawada

5.l5 pm to 7.00 pm AIFTP National Executive Meeting (for NEC Members only) at Hotel Fortune Select Grand Ridge, Tirupati

7.00 pm onwards Cultural Programme & Dinner at Hotel Fortune Select Grand Ridge, Tirupati

23rd June, 2019 (Sunday)

9.00 am to 10 am Breakfast

l0.00 am to 11.30 am 4th Technical Session

Topic : GST Audit & Assessment

Chairman : Shri A. V. S. Krishna Mohan, President, APTPCA, Guntur

Guest : Joint Commissioner, ST, Chittoor

Speaker : CA. Ravichandran V.G., GST Officer, Tirupati

11.30 am to 11.45 am Tea Break

11.45 am to 1.15 pm 5th Technical Session

Topic : Income Tax – Presumptive Tax under Sec. 44AD, ADA, AE

Chairman : CA. A. K. Srivastava, New Delhi

Guest : CIT (Regular), Tirupati

Speaker : Dr. CA. Phalguna Kumar E., Tirupati

1.15 pm to 2.00 pm Lunch

2.00 pm to 3.30 pm 6th Technical Session

Topic : Composition Scheme under GST

Chairman : CA. Rajendra Kumar P., Chennai

Guest : CA. Siva Prasad A., GST Advisor, Govt. of AP

Speaker : CA. Viswanathan G., Chennai

3.30 pm to 3.45 pm Tea Break

3.45 pm to 4.45 pm Brains’ Trust Session

Trustees : Speakers and Chairmen of Technical Sessions

4.45 pm to 5.30 pm Valedictory Session & Vote of Thanks

*Confirmation awaited.

Fees

For Members & Non Members

₹ 2,500 (Including GST) – Up to 15-5-2019  ₹ 3,000 (Including GST) – After 15-5-2019

For Accompanying Spouse (without Kit)

₹ 1,500 (Including GST)

Note: If online payment is made please intimate the name of the delegate & date of payment and address to e-mail : [email protected]mail.com

Bank Details

Name of Bank A/c : ALL INDIA FEDERATION OF TAX PRACTITIONERS

Bank Name : SYNDICATE BANK, HYDERABAD Bank A/c. No. : 30292010010090

NEFT/IFSC CODE : SYNB0003029 Bank Branch : ABIDS BRANCH

Account Type : CURRENT ACCOUNT MICR : 500025004

For any query or assistance relating to Registration, please contact: Shri C. RADHAKRISHNAN,

Registration Chairman, 9443217802 email : [email protected]

For any query or assistance relating to room booking please contact: Transport Committee :

Shri M. A. Sunil Ahmed | M : 9949361646, E-mail: [email protected]

Shri M. A. Muneer Ahmed | M: 9959722332, E-mail: [email protected]

For any further enquiries relating to NTC, Please Contact !

Shri P. V. Subba Rao

Conference Chairman

Phone: 09391018552

Dr. M. V. K. Moorthy

Past National President AIFTP

Chief Patron Phone: 09849004423

Shri T. Chandramouli

Conference Convenor

Phone : 09849746823

Shri Kota Sunil Kumar

Conference Convenor

Phone: 09849847973

Shri M. Srinivasa Rao

National Vice President, AIFTP (SZ)

Phone: 09885796999

CA S. B. Kabra

National Joint Secretary,

AIFTP (SZ)

Phone: 9849024732

Shri B. Seethapathi Rao

Chairman, AIFTP (SZ)

Phone: 09848099490

Shri C. Radhakrishanan

Secretary, AIFTP (SZ)

Phone: 09443217802

Shri K. Bhima Sankar

Treasurer, AIFTP (SZ)

Phone:09440605044

Shri A. V. S. Krishna Mohan

President, APTPCA

Phone: 09849048517

Shri P. Shariff Khan

Secretary, APTPCA

Phone: 08309738320

Shri S. M. Basha

President, TPTTPCA

Phone: 09885753424

Shri A. Ramakrishna

Secretary, TPTTPCA

Phone: 09849284186

Shri S. Nagabhushanam

President, TPTTPCA

Phone: 09885731010

Shri M. A. Sunil Ahmed

Secretary, TPTTPCA

Phone: 09949361646

Shri S. S. Satyanarayana

Souvenir Committee Chairman

Phone: 09989924646

Shri Sreedhara Parthasarathy

President, ITPI

Phone : 9449569084

Shri D. M. Bhattad

Secretary General, ITPI

Phone: 9845191850

Shri S. Nanjunda Prasad

Vice Chairman, AIFTP (Karnataka)

Phone: 9980066380

Shri N. Harinath

Brochure & Tourism Committee Chairman
Phone: 09908272999

CA. E. Phalguna Kumar

Technical Sessions & Tirumal Darshan 
Committee Chariman
Phone: 09441886303

Shri R. Munikrishnaiah

Press & Publicity Committee Chairman
Phone: 08074129797

Email : [email protected]

LORD BALAJI DARSHAN
All the participants are requested to enroll and intimate your willingness to have darshan of 
Lord Balaji, Tirumala as early as possible for making necessary arrangements.
Cost will be informed later.

Posted in May.

Section

Nature of Payment

AY 2019-20

AY 2020-21

Threshold Limit ()

Individual / HUF (%)

Others (%)

Threshold Limit ()

Individual/ HUF (%)

Others (%)

192

Salaries

Slab rates

Slab rates

NA

Slab rates

Slab rates

NA

192A

Premature withdrawal from EPF

50,000 per annum

10

NA

50,000 per annum

10

NA

193

Interest on securities

10,000 per annum

10

10

10,000 per annum

10

10

194A

Interest (Banks, co-operative society and post office)

10,000 per annum (₹50,000 for Senior Citizen)

10

10

40,000 per annum (₹50,000 for Senior Citizen)

10

10

Interest (Others)

5,000 per annum

10

10

5,000 per annum

10

10

194B

Payment of prize from winnings of lotteries

10,000 per annum

30

30

10,000 per annum

30

30

194BB

Payment of prize from winnings from horse race

10,000 per annum

30

30

10,000 per annum

30

30

194C

Contractor – Single Transaction

30,000

1

2

30,000

1

2

Contractor – Aggregate during the year

100,000

1

2

100,000

1

2

Transporter covered u/s. 44AE furnishing declaration with PAN (owning more than 10 carriages)

₹ 30,000 single Bill and ₹1,00,000 aggregate bills during year

1

2

₹ 30,000 single Bill and ₹1,00,000 aggregate bills during year

1

2

194D

Payment of Insurance commission to agents

15,000 per annum

5

10

15,000 per annum

5

10

194DA

Payment in respect of maturity of life insurance policy by life insurance company

1,00,000 per annum

1

1

1,00,000 per annum

1

1

194E

Payment to NRI sportsperson by any person or organisation

20

20

20

20

194EE

Payment of deposit under National Saving Scheme

2,500 per annum

10

10

2,500 per annum

10

10

194F

Payment in respect of repurchase of units by Mutual Fund Companies

20

20

20

20

194G

Payment of lottery commission

15,000 per annum

5

5

15,000 per annum

5

5

194H

Commission / Brokerage

15,000 per annum

5

5

15,000 per annum

5

5

194-I

Rent of Land and Building, Furniture & Fittings

1,80,000 per annum

10

10

2,40,000 per annum

10

10

Rent of Plant / Machinery / Equipment

1,80,000 per annum

2

2

2,40,000 per annum

2

2

194-IA

Transfer of certain immovable property other than agriculture land

50,00,000 per annum

1

1

50,00,000 per annum

1

1

194-IB

Rent payable by Individual / HUF (not covered under 194-I) to resident

50,000 per month

5

NA

50,000 per month

5

NA

194J

Professional Fees other than call centres

30,000 per annum

10

10

30,000 per annum

10

10

Payment to Call Centre Operator (w.e.f. 
1-6-2017)

30,000 per annum

2

2

30,000 per annum

2

2

194LA

Compensation on transfer of certain immovable property than Agriculture Land

2,50,000 per annum

10

10

2,50,000 per annum

10

10

 

This is the hardest period, but hold fast; in the end the gain is sure if you have patience.

Swami Vivekananda