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PETITION TO THE PARLIAMENT FOR INCLUSION OF "COST ACCOUNTANT" IN THE DEFINITION OF "ACCOUNTANT" IN THE NEW INCOME TAX BILL-2025
| Name | Category | City/State | Comment | Date |
|---|---|---|---|---|
| Rehan marediya | Student | State. Gujarat | 25-02-2025 | |
| Poornima M | Others | Hyderabad | 25-02-2025 | |
| Sasikumar | Member | Kottayam/Kerala | 25-02-2025 | |
| Ravina Bishnoi | Haryana | We support that CMA should be included in the definition of Accountants | 25-02-2025 | |
| Pulkita Chandrakar | Student | Raipur | 25-02-2025 | |
| Rohit Sadhwani | Student | AJMER | CMAs play a very good role in accounting and taxation so, in accountant definition CMAs should be there. | 25-02-2025 |
| Sowjanya vasireddy | Student | Karnataka Bengaluru | 25-02-2025 | |
| Abhijit Manna | Student | HOWRAH | I Support | 25-02-2025 |
| Samriddhi Nag Choudhary | Student | Durg | Inclusion of CMA in accountant definition under the Income Tax Bill | 25-02-2025 |
| Saheli Biswas | Student | Delhi | 25-02-2025 | |
| Awanti Medhi | Student | Guwahati | 25-02-2025 | |
| Chandra kishor | Student | Raebareli | We want CMA's to be recognised in the defination of accountant | 25-02-2025 |
| Ayush | Student | KOLKATA | 25-02-2025 | |
| Monish Chakraborty | Member | Assam | CMA should be included in tax audit. | 25-02-2025 |
| tanu | chandigarh | 25-02-2025 | ||
| RAJESH | Panchkula | 25-02-2025 | ||
| lalit dokwal | Student | Amravati | Yes! I support the cause | 25-02-2025 |
| SRI GANGA HARISH | Student | Chennai | Yes I support the cause | 25-02-2025 |
| Pratyush Gupta | Giridih | please add Cost accountant in Definition of Accountant in New IT bill | 25-02-2025 | |
| CMA GAUTAM ROY | Member | Kolkata, West Bengal | CMA & CS should be allowed in India to conduct Income Tax Audit | 25-02-2025 |
| ASHIR MT | Others | Kerala | CMAs specialize in costing techniques, financial management, and performance evaluation, which are crucial in detecting tax evasion, underreporting of profits, and inflated expenses. deep understanding of cost structures and pricing mechanisms helps in assessing the genuineness of transactions in tax audits. The inclusion of CMAs in tax audits enhances the overall quality of tax assessments and audits, ensuring better compliance.Their skill in analyzing cost variances, overhead absorption, and indirect taxation impacts makes them valuable in verifying tax claims. | 25-02-2025 |
| Khushi Yadav | Student | Delhi India | Yes CMA's should be included for Tax audit so that all professionals will be equal and deserving. | 25-02-2025 |
| DARPAHARI KHUNTIA | Member | ODISHA | Several countries already recognize the expertise of CMAs in taxation and auditing. Allowing them to conduct tax audits in India could align India's professional standards with global practices, especially in countries like the United States, Canada, and the UK, where management accountants play a significant role in both business operations and financial audits. | 25-02-2025 |
| Asgar Ali | Others | Dubai, UAE | CMA's should be included in New Income Tax Act -2025 | 25-02-2025 |
| OMKAR Lasurve | Student | Pune | 25-02-2025 | |
| Asgar Ali | Others | Thrissur Kerala | CMA's should be included in New Income Tax Act -2025 | 25-02-2025 |
| Ragul | Student | Puducherry | The CMAs has ability to conduct tax audit. | 25-02-2025 |
| Arul Mozhi | Student | Puducherry | We need the recognition for CMA | 25-02-2025 |
| Dhanya Krishna | Student | Puducherry | 25-02-2025 | |
| Sourabh yadav | Student | Lucknow, uttar pradesh | 25-02-2025 | |
| Soham Tariyal | Student | Delhi | Subject: Petition to Include ICMA in the Definition of Accountants To: The Honorable Members of Parliament Respected Members, I am writing to bring to your esteemed attention a crucial matter that requires immediate consideration and action. The definition of "accountants" within our legislative framework currently excludes members of the Institute of Cost and Management Accountants (ICMA). This omission does not reflect the significant role that ICMA professionals play in our economy and business landscape. Justification for Inclusion: 1. Comprehensive Expertise: ICMA professionals possess extensive knowledge and expertise in cost management, financial planning, and strategic decision-making. Their contributions are integral to the financial health and operational efficiency of businesses across various sectors. 2. Regulatory Compliance: ICMA members are bound by stringent professional standards and ethical guidelines. Including them in the definition of accountants will enhance regulatory compliance and ensure that businesses benefit from their specialized skills. 3. Global Standards: Many countries around the world recognize and include cost and management accountants within their legal definitions of accountants. Aligning our legislation with global standards will strengthen our position in the international business community. 4. Economic Contribution ICMA professionals play a pivotal role in cost control, efficiency improvement, and profitability enhancement for businesses. Their inclusion will contribute significantly to the overall economic growth and stability of the nation. 5. Professional Recognition: Recognizing ICMA members as accountants will provide them with the professional respect and recognition they deserve. It will also encourage more individuals to pursue this important field, thereby increasing the pool of skilled professionals available to our economy. In light of these points, I humbly request that the definition of "accountants" be revised to explicitly include members of the Institute of Cost and Management Accountants. This inclusion will ensure that our legislative framework accurately reflects the diverse and essential roles played by all accounting professionals in our country. Thank you for considering this petition. I look forward to a positive response and remain available for any further discussions or clarifications. Yours sincerely, | 25-02-2025 |
| Sumanyu Bindal | Student | Meerut | Please Include Cost and manegement account (CMA) in the defination of accountant in income tax act . In companies Act it's already included. Please consider CMA qualification as they are equally competent to conduct income tax audit | 25-02-2025 |
| SACHIN SINGHAL | Member | HARIDWAR | 25-02-2025 | |
| Nuhla CM | Student | Kerala | CMA's should be included in New Income Tax Act -2025 | 25-02-2025 |
| Abhisek Banerjee | Student | Dhanbad | CMA's are the hidden diamonds of the financial industries | 25-02-2025 |
| Aravind Alister | Tamilnadu | 25-02-2025 | ||
| Shreyansh Borkar | Student | Ahiwara (Bhilai)/Chhattisgarh | 25-02-2025 | |
| Narasimha Rao Areti | Member | Hyderabad | CMAs are well equipped with the knowledge | 25-02-2025 |
| RAJEEV SINGH PATHANIA | Member | Faridabad | I strongly advocate for inclusion of CMA in new Income Tax Act 2025 | 25-02-2025 |
| Ameen Suhail | Student | Delhi | 25-02-2025 | |
| Umesh Kumar | Member | Kurukshetra/Haryana | 25-02-2025 | |
| Vijaya J | Others | Tamilnadu | 25-02-2025 | |
| CMA Sreedevi | Member | Hyderabad | 25-02-2025 | |
| Divya.P | Student | Chennai | 25-02-2025 | |
| DHRUV SANJAY GAJJAR | Student | Kalyan/ Maharashtra | We are capable to conduct tax audit | 25-02-2025 |
| kodam anil | Student | Telangana | 25-02-2025 | |
| Neha | Uttarakhand | 25-02-2025 | ||
| Satya Prakash verma | Sultanpur | 25-02-2025 | ||
| Prahallad Mohanty | Student | Odisha | We need tax audit | 25-02-2025 |
| Arpana Sutradhar | Student | Chennai | Income tax should include CMA's | 25-02-2025 |