Birth of the Federation
Inspired by the ideology to have a common platform for all those who practise in taxation laws, irrespective of their individual affiliations and to enable them to share the benefits of their learning, experience and knowledge, eminent professionals from the fields of Direct and Indirect Taxes conceived the idea of establishing an all India body for tax practitioners.
The seminal idea of the Federation was sown at Mumbai at the First All India Conference on Taxation organized by The Chamber of Tax Consultants, under the able Presidency of Late Shri B. C. Joshi, Advocate. It was at the opening ceremony of this National Conference on 11-11-1976 that the doyens of the Profession christened the Association in the presence of former Chief Justice of India, Hon’ble Justice J. C. Shah and distinguished Jurist Shri N. A. Palkhivala. Shri N. C. Mehta, Chartered Accountant, Mumbai, was elected as the Founder President and Shri P. C. Joshi was elected as Secretary General. The Federation has completed 40 years of its purposeful existence.
A) Main Objects:
To spread education in matters relating to tax laws, other laws and accountancy.
B) Other Objects :
As enshrined in the Constitution of the Federation its can briefly be stated as:
Head Office and Zones
- To provide an effective forum for the discussion of matters pertaining to tax laws, other laws, accountancy and their administration, for the collection, dissemination of information relating thereto, for the development of better understanding and co-operation amongst the members, tax administration, taxpayers and all others concerned;
- To strive and work for independence of Quasi-Judicial Authorities, Appellate Authorities, the Settlement Commissions, Tribunals, Authority for Advance Ruling, Courts, or other similar Authorities;
- To make representations, file petitions and appear before the Tax Authorities, Tribunal and Courts in the matters of public interest and cases of importance to professionals and taxpayers in general;
- To design and arrange activities to enhance the image of the profession in the society;
- To carry out activities to develop and promote high ethical standards for the professionals.
- To promote and encourage friendly feelings, fraternity, unity and co-operation amongst the members and to inculcate feelings of brotherhood in them;
- To publish journals, books, bulletins, pamphlets, leaflets and magazines or any periodicals.
With the generous contributions from its members, the Federation has been able to own, establish, run a full-fledged and a well equipped Head Office at 215, Rewa Chambers, 31, New Marine Lines, Mumbai 400 020. The total strength of National Executive Committee Members is 72, headed by the National President, supported by the Deputy President, Five Vice Presidents and Five Joint Secretaries, (one from each zone) apart from the Secretary General, Treasurer and other elected/co-opted members from all over India.
For its efficient functioning and for ease of its administration and to give wider representation, the AIFTP is administered through five zones namely Central Zone, Eastern Zone, Northern Zone, Southern Zone and Western Zone. Each Zone is headed by a Chairman supported by a Vice Chairman from each State to which Zone represents, One Secretary and two Joint Secretaries and Treasurer as Office Bearers. The term of the Managing Committee coincides with the term of the National Executive Committee.
The members of the Federation include Senior Advocates, Advocates, Solicitors, Chartered Accountants and Tax Practitioners, practising Direct and Indirect Taxes, from all States and Union Territories in the Country. Its members enjoy a strong bond of fellowship leading to fraternal brotherhood amongst professionals. As of today the Federation is the only apex professional organisation of our country which has 125 Professional Associations, from 18 states as its affiliated members and around 7,000 individuals as life members. Life membership Fee is ₹ 2,500/-. The membership is spread across 27 States and 4 Union Territories. It also has on its roll, Associate and Corporate Members. It is a unique association at the National level.
The Federation functions through various sub-committees such as Journal Committee, Law & Representation Committee (Direct & Indirect Taxes), Publication Committee, ITAT Co-Ordination Committee, Membership Development and Public Relation Committee and Times Committee.For efficient functioning, zones have also formed sub-committees
The Federation publishes a monthly Journal “AIFTP Journal” covering the latest reported & unreported decisions of the Supreme Court, High Courts and Income Tax Appellate Tribunals including the articles, opinions and latest developments on direct and indirect taxes by experts in the field. The unique feature is that every quarter, it publishes the gist of important case laws published in 33 Tax Magazines from all over the country. The journal is sent to members on an annual subscription of ₹ 800/- and ₹ 2,100/- for three years and to Non-Members at ₹ 1000/- per year and ₹ 3,000/- for three years.
The Federation publishes a monthly newsletter called AIFTP TIMES which is sent to all the members free of charge. This newsletter contains important notifications, circulars and other topical information apart from various activities of the Federation.
The AIFTP website at www.aiftponline.org is an informative source for the members. The website is regularly updated by a team of dedicated professionals. The Journal and Times are uploaded every month on our website and accessible to anyone free of charge.
Representations and publications
The Federation has been making Representations to focus the grievances of trade, industry and professionals. It regularly sends Pre and Post Budget Memorandums. Many of the suggestions and the recommendations are accepted. The Kar Vivad Samadhan Scheme, 1998 was suggested by our Federation. In order to get tax laws simplified and rational, it has filed more than 20 Writ Petitions in public interest. Representations are made to the Central and State Governments and higher tax administration for redressal of grievances and simplification of tax laws. It regularly publishes books in simple language and question answer format at a low cost. It has published more than 35 books till date.
The Federation jointly with the Associate Members organizes National Seminars, Conferences and Conventions to update its members on all aspects of Direct and Indirect Taxation. More than 5-6 Two day Seminars and many half day and full day seminars are organised every year. The Zones are active in organizing one day seminars, study circles, workshops, RRC, etc. in association with various local Associations. The aim is to cultivate a strong bond of fraternity amongst members and professionals. The Federation tries to reach even the remote places by organising seminars.A unique feature of the Federation is that the faculties, chairmen, trustees, office bearers and members of the National Executive and Zonal Committees pay a registration fee and bear their own travel and stay expenses. They serve with dedication, devotion and generously contribute to ‘BUILD THE NATION’.National Convention is held every year. Many Chief Justices of India, Judges of the Supreme Court and High Courts have inaugurated the Conferences, appreciated and applauded the efforts and activities of the Federation.Since 1994, the Federation has instituted ‘RANKA BEST TAX SEMINAR’ competition. Since 2005, The Ranka Charitable Trust has instituted Ranka Best Zone Chairman Award.
Nani Palkhivala Memorial National Tax Moot Court Competition & Research Paper Competition
For the development of the Tax Bar, we have started the “Nani Palkhivala Memorial National Tax Moot Court Competition” and “Research in Tax Laws” under the banner of “Palkhivala Foundation” at Mumbai in the year 2004 which was continued upto year 2013, wherein the students from more than 25 leading law colleges of India had participated annually in the competition and more than 50 Law Colleges have participated in the Research Competition.Now, Eastern Zone has started the Moot Court Competition in their zone in memory of Late Justice Dr. B. P. Saraf.
Federation has voluntarily adopted the code of ethics in its Constitution for its members. Ethics are a way of life. The Federation was earlier affiliated to the Asia Oceania Tax Consultants’ Association, Japan. The Federation had organised a successful International Study Tour in the months of May 2004 and May 2007.On request of the Federation, Government of India has released Commemorative Postage Stamp in Memory of Shri N. A. Palkhivala on 16th January, 2004. The then Hon’ble Prime Minister of India, Shri Atal Bihari Vajpayee released the stamp at Mumbai.The All India Federation of Tax Practitioners in association with Asia Oceania Tax Consultants Association (AOTCA), had organized the First International Tax Conference at Mumbai from 19th to 21st November, 2009, representing 14 countries wherein 105 delegates enrolled, including 55 foreign delegates.Today, the Federation is considered as a national integration of tax professionals of India. We have many eminent professionals as our members, some of whom have been elevated as Judges of the High Courts, Supreme Court and as Members Tribunals’.Many members of Federation have been appointed to the office of the Solicitor General of India. Most of the leading Senior Advocates who practise in Direct, Indirect Taxes, many past Presidents of Institute of Chartered Accountants of India, Chairmen and member of Bar Councils of various States, leading Lawyers, Chartered Accountants and Tax Practitioners of our country are esteemed members. We have a great potential and ability to grow as a global association. The Federation is making an honest attempt to develop a strong Tax Bar for our country, which will be able to compete in International Tax Practice. Thus, the Federation is serving the Tax Professional Community and to the nation as a whole from last more than 40 years.