services-Taxation

History

Mr. Cecil Arseculeratne qualified during the Second World War in London and subsequently worked my sources in the Ministry of Supply in England. At the check out here end of the war he came back to Ceylon and decided to start his own practice and registered the company in 1951. He started in a small office in Baillie Street (now Mudalige Mawatha) adjoining Cargills in the Fort, which had the entrance through a jewelers shop.

His practice prospered and he purchased a partnership in a very large Audit Firm called Ramakrishna & Company, which belonged to Mr. Menon, who was an Indian, who went back to Kerala, in 1957.

The Partnership was subsequently dissolved and a share of the work absorbed by Cecil Arseculeratne & Company.

As the practice grew he took in two partners who underwent training as Articled Clerks under him, who had passed out as Chartered Accountants, Mr. Kingsley Perera and Mr. Anton Wijegunawardena.

Due to the untimely death of Mr. Kingsley Perera, after some years Mr. Alston Perera joined the firm to fill the vacancy.

As the practice expanded further a fourth partner Mr. Pakstun was taken in, who migrated to Australia. He was replaced by a former student of Mr. Cecil Arseculeratne, Mr. P. Thiagarajah who was the Partner and Manager of Arseculeratne & Company, Kandy. Mr. Anton Wijegunawardena received an assignment abroad and resigned from the practice. Mr. Cecil Arseculeratne’s son Mr. Mohan Arseculerathne qualified and joined the firm as a partner in 1978. Mr. Cecil Arseculeratne passed away in 1985.

Mr. Thiagarajah resigned to devote his whole attention to the Kandy practice which changed its name to Thiagarajah & Company.

The firm was carried on for many years by Mr. Mohan Arseculeratne and Mr. Alston Perera.

Mr. Perera left the partnership in 2007, and it was carried out as a sole proprietorship. Mr. Sampath Vitharana joined as Head of Administration in 2010 and became a Partner in 01st April 2014.

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