IRS Officer R. Ravichandran takes charge as Principal Chief Commissioner of Income Tax, K'taka, Goa
(Press Release): Shri R. Ravichandran, IRS, has taken over the charge of Principal Chief Commissioner of Income Tax, Karnataka and Goa on 1st August, 2022. He is a 1987 batch IRS officer. He completed his Bachelor Degree in Agricultural College, Madurai and Master’s Degree in Agriculture from Tamil Nadu Agricultural University, Coimbatore. He also holds a Master’s Degree in Shipping Management. Presently, he is pursuing Ph.d in Finance in the subject of Data Governance issues. He has worked in various capacities across the country in the fields of Assessment, Investigation, TDS, Administration and Training.
He has been on deputation with the Directorate General of Shipping as Deputy Director General of Shipping and with SEBI as Chief General Manager (Investigation & Surveillance)
He has handled various sensitive investigation cases including IPO scam and penny stock manipulation cases. He was instrumental in setting up of first Airport Intelligence Unit of the Income tax Department and Integrated Market Surveillance Systems project (IMSS) of SEBI. He has also been the Additional Director General at NADT, Nagpur training newly recruited IRS Officers.
He was part of various committees constituted by the Ministry of Finance for framing legislation under Prevention of Money Laundering Act, Cross Border Taxation, Vision 2020, Financial literacy amongst school going children and Results Framework Document of Income Tax Department. He has published papers in Journals, presented papers in several international conferences and has been the Visiting faculty at various Central Training Institutes and Management Institutes in India. He served as OECD faculty on the subject of International taxation, Transfer pricing and Treaty Issues in South Korea.
As the Chairman of the committee constituted by CBDT, a Digital Evidence Investigation Manual for officers of Income Tax Department for the first time was prepared by him and released by CBDT in October, 2014 and Data Analysis Manual was prepared by him for the first time in 2016. As a part of all India Operation on Bitcoin exchanges, he handled investigation on bitcoin exchanges and investors resulting in detection of huge amounts of undisclosed income. As Pr.Director of Income Tax (Investigation), he has conducted many successful searches in Karnataka and Goa.
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Minister Parameshwara says remarks on properties linked to drug peddlers 'misunderstood'
Tumakuru (PTI): Karnataka Home Minister G Parameshwara on Saturday said his recent remarks on the demolition of properties linked to those involved in narcotics trade were "misunderstood and misinterpreted".
His clarification follows remarks made two days ago on the government's uncompromising crackdown on the drug menace, including action against properties linked to foreign nationals allegedly involved in drug trafficking.
"It is unfortunate. It is taken in the wrong sense. I didn't mean that tomorrow itself I am going to send bulldozers and demolish the houses. That was not my intention. It was wrongly taken," he told reporters here.
Responding to Congress MLC K Abdul Jabbar's question in the legislative council on the growing drug menace in Bengaluru, Davangere and coastal districts, the minister on Thursday detailed the extensive enforcement measures initiated since the Congress government assumed office.
Pointing to the involvement of some foreign nationals, the minister had said, "Many foreign students from African countries have come to Karnataka. They are into the drug business. We catch them and register cases against them, but they want the case to be registered because once the case is registered, we cannot deport them."
"We have gone to the extent of demolishing the rented building where they stay," he had said.
