LOKESH CHELAKOLA (ACA)

Designation: Partner

CA Lokesh Chelakola has commenced his career as an audit manager in one of the renowned firms in Bangalore. He specializes in Income-tax matters and statutory audits. He is specialized in the complex matters of Income-tax planning, representations before statutory authorities, scrutiny etc. He has good command over the accounting standards and the disclosure requirements as per the law. He is also specialized in advising and structuring the real estate transactions including Joint Development Agreements keeping in line the impact of Income-tax, GST, and other implications. He has handled the high net worth individuals which includes all the tax complications. He is also well versed in the nuances of tax audits and handles all such audits.

He has specialized in Indian businesses, especially how small services organizations can reach and work with international clients, strategy, network, and cultural aspects.

Audit Experience:

  • Incorporation of Liasion office, Branch office and Foreign Subsidiary Advice on RBI, IEC and FEMA related matters
  • Has been providing Corporate training programmes and addressing various Trade Bodies on GST
  • Handling compliances such as return filing, representation before authorities and assistance in assessments under Sales Tax (i.e. VAT), Service Tax and GST etc.
  • Providing advisory services on various matters like Mergers, Amalgamation, Restructuring, take overs / due diligence.
  • Advising for NGO from End to End Operations like Registration of Trusts/Societies, Obtaining approval / registration under IT laws, Audit of trusts, Monitoring agency for utilization of funds, Representation Services etc.
  • Handling of Due Diligence, Management Audits Assessments and Appeals.