As we are hearing the positive news that daily positive cases are on the decline and the recovery rate is high, I hope you and your family members are safe and healthy. Friends it is important that we get vaccinated and hence I would like to appeal to all movers to get yourselves and your families vaccinated and also don’t let your guard down and always be masked up, this will help us deal with the purported third wave as us being stated by some medical experts.

Friends, we at AIFTP are equally concerned about the health and well being of our members as we have also lost quite a few members to this pandemic, we pray that their souls get eternal peace at the lotus feet if the almighty.

As per my last communication, we have initiated a COVID Relief Fund with an initial contribution of ₹ 20 Lakhs from the Head Office, under the Chairmanship of our Past President Dr. Ashok Saraf to provide relief to needy members, who have suffered on account of hospitalisation on account of COVID and also to the family members of the members who have lost their lives on account of the pandemic. The details of the amended scheme are given on the third Cover Page of this issue.

I am also thankful to the members who have shown their largesse and donated handsomely, and helping us in achieving and crossing target of ₹ 1 Crore, members are also requested to donate generously for the Fund so we can help our AIFTP members in these testing times and also circulate the scheme amongst members so that they can benefit of the Scheme. We are glad to inform that at the time of writing this message we have already started disbursing amounts to the needy members, I would like to thank the COVID Relief Committee and the Office Bearers for coming to action immediately.

All zones are regularly conducting webinars on different topic with versatile speakers. We are organising special webinar jointly with Income Tax Appellate Tribunal Bar Association, Mumbai, GST Practitioners Association, CTC and BCAS Mumbai on 25th June, 2021 on You Tube Channel which will be addressed by Shri Harish Salve, Sr. Advocate on “Constitutionality of Tax Laws”. All are requested to join the same. Link will be shared on all Whatsapp Group and on Mail. I on behalf of the Federation request all Zonal Chairman, Vice Presidents, Jt. Secretaries and all eminent leaders in the Federation are requested to plan physical programmes in their respective areas in grand manner for the benefit of the Tax Fraternity

The Income Tax Department launched new portal on 7th June, 2021 published to be smooth, user-friendly and hassle free, contrary it created lots of problems and the Hon’ble Union Finance Minister invited suggestions from the stake holders to improve it. Our Shri S. R. Wadhwa, Chairman, Direct Tax Representation Committee with the help of Shri Samir Jani made representation highlighting issues faced by members to the Honb’le Finance Minister. We have also invited the officials from CBDT to interact with our members on the issue of the Portal. The date and timing will be announced as and when finalised. I thank Wadhwa Sir and Shri Samir Jani for sparing their valuable time in making representation immediately to the Government.

AIFTP is planning to restart the National Tax Moot Court Competition in memory of Padma Vibhushan Late Dr. N. A. Palkhivala, Senior Advocate in association with Maharashtra National Law University, Mumbai. The same will be on virtual mode. I personally request all my Zonal Chairmen, Vice Presidents, Jt. Secretaries are requested to support and same and we will invite colleges from all over India to participate. In respect of the same under the guidance of Dr. K. Shivaram, Sr. Advocate, Mumbai and Chief Advisor of the Moot Court Committee, with Prof. (Dr.) Dilip Ukey, Vice Chancellor, Maharashtra National Law University, Mumbai and Prof. (Dr.) Anil G. Variath, Registrar, Maharashtra National Law University, Mumbai and principally agreed to hold Virtual National Tax Moot Court Competition. I thank Vice Chancellor and Registrar for agreeing on holding this Virtual National Tax Moot Court Competition.

I would at the end request all of you to Stay Home Stay Safe and always be masked up.

Place: Eluru 
Dated: 18-6-2021 

M. Srinivasa Rao
National President, AIFTP

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