Petition for Inclusion of CMA in New Income Tax Act-2025

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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

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For Petition for Inclusion of CMA in New Income Tax Act-2025

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Name Category City/State Comment Date
Rohit Routh Student Durgapur We should also be given that chance if you see ,its not that everytime CA has a credibility to perform those high Profile work but also We are learning That Similar thing we may not have that much Papers in our Schedule but we are also Prepared for these. 01-03-2025
Ranjit kumar ray Others Siliguri Yes it should be included in the definition of accountant 01-03-2025
Avinash Ray Student Siliguri It should be included in the definition of cost accountant 01-03-2025
Rajashree kalita Student Guwahati 01-03-2025
Nitima Singh Student Lucknow As a professional it is our right to perform all the related works which we have thoroughly studies! And there is no difference in syllabus of cma and ca in context of Income tax! Also we have worked on every areas during our trainings! Please consider our profession reliable conduct of practices so that it provides us equal opportunity to provide Income tax Audit & related works! 28-02-2025
Bijoy Bhowmick Member West Bengal CMA should be included in the definition of Accountant in the Income tax act 28-02-2025
Kushagra bendre Student Nagpur Including CMAs in tax audit may reduce the burden of Central government for making policies for tax invasion. 28-02-2025
Shivanjali suman Others Daltonganj Jharkhand Very necessary for better competition and India’s better economy enhancement within professionals as included in accountant definition of new income tax code bill. 28-02-2025
Dinesh Kumar Kalantri Member Mumbai CMA must be included in the definition of Accountant as per Income Tax Act and I support the cause 28-02-2025
Ashajain Student Rajasthan 28-02-2025
Anand Kumar Pandey Member Ranchi Income Tax Audit 28-02-2025
Srijit Thakur Member Kolkata 28-02-2025
Deep Jyoti gogoi Student North lakhimpur I strongly believe that both CA AND CMA is equivalent 28-02-2025
Raviteja Gorjirla Student Hyderabad The Income Tax Bill 2025 has sparked a controversy by excluding Cost Accountants (CMAs) from the definition of 'Accountant' for tax audits. The Institute of Cost Accountants of India (ICMAI) has been advocating for the inclusion of CMAs in the definition of "Accountant" for over five years ¹. The ICMAI argues that CMAs should be recognized as accountants under the Income Tax Bill 2025, citing their expertise in taxation, compliance, and financial analysis ². They point out that CMAs are already recognized as internal auditors under the Companies Act 2013 and are authorized to conduct statutory financial audits under various state legislations. The exclusion of CMAs from the definition of "Accountant" may limit competition in the field of taxation and auditing, as only Chartered Accountants (CAs) are currently recognized as accountants under the bill ¹. The ICMAI is urging the government to reconsider the definition of "Accountant" to include CMAs and promote a more inclusive and competitive tax ecosystem. *Key Points:* - *Exclusion of CMAs*: The Income Tax Bill 2025 excludes Cost Accountants (CMAs) from the definition of "Accountant" for tax audits. - *ICMAI's Advocacy*: The Institute of Cost Accountants of India (ICMAI) has been advocating for the inclusion of CMAs in the definition of "Accountant" for over five years. - *Expertise of CMAs*: CMAs have expertise in taxation, compliance, and financial analysis, making them capable of contributing effectively to India's evolving tax regime. - *Recognition under Other Laws*: CMAs are recognized as internal auditors under the Companies Act 2013 and are authorized to conduct statutory financial audits under various state legislations. 28-02-2025
Aditya K Member Hyderabad 28-02-2025
Suresh Pimple Member Chh.Sambhajinagar Representation as above! 28-02-2025
ARIJITA ROY Student KOLKATA A CMA HAS COMPLETE KNOWLEGDE OF DIRECT TAX AND GST JUST LIKE CA AND CS. MANY CMAS HAVE BEEN PRACTICING IN TAX FIELDS FOR SEVERAL YEARS. THEIR COURSE CONTENT IN INTERMEDIATE AND FINAL HAVE THE SAME MATERIAL LIKE OTHER PROFESSIONAL COURSES IN DIRECT TAX AND GST. 28-02-2025
Vivek Ganjeer Student Kanker 28-02-2025
SK D BASHA Student Hyderabad I was strongly support CMA should include in New Income Tax Bill 28-02-2025
Anushree Hegde Student Sirsi 28-02-2025
Vvd Student lsbadalswain@reliance.com Vvsvs 28-02-2025
Dilip Student Odisha Done 28-02-2025
Tophan Kumar swain Aska Done 28-02-2025
Muskan Jain Student Agra 28-02-2025
Stuti Mukherjee Student kolkata Inclusion of *Cost Accountants* in the Definition of " *Accountants* " under the proposed Income Tax Bill -2025. 28-02-2025
CMA Srushti Bedekar Member Aurangabad Maharashtra 28-02-2025
C.Naveen Rao Member Hyderabad I am supporting Inclusion of CMA in Income tax Act "Accountant" 28-02-2025
Ashish Suryawanshi Student Bhopal To get equivalent values and recognition in industry, cost accountants should be defined as Accountants. 28-02-2025
Anshid rahman Student Malappuram 28-02-2025
Gajendra kumar sahu Student Korba Chhattisgarh 28-02-2025
Kundan Shaw Student Kolkata Inclusion of CMAs in new Income tax bill-2025 is mandatory for the vide scope of CMAs in future as well as for tax simplification and other opportunities. 28-02-2025
Vaibhav Sharma Student Kharagpur I support 28-02-2025
VINEEJA VINAYAN Student Kerala 28-02-2025
Pratik Jadhav Pune 28-02-2025
Vaishnavi Sonwane Student Pune Maharashtra Include cma in new income tax act 28-02-2025
Anee kumar Dwivedi Student Rewa Kindly provide the right on basis of qualification and competence 28-02-2025
Geetu khurana Member Rohtak The CMA works at Par or sometimes more than CA. Equal opportunity to be given to CMA members to perform tax audit rather than reserving it exclusive to CA fraternity..this will add competition and which will be good for overall due diligence of businesses 28-02-2025
Ittika Ghorui Student Hooghly Requesting to include the Cost Accounts in the definition of Accountants. 28-02-2025
V. BALASUBRMANI Member CHENNAI COST ACCOUNTANTS SAHLL BE INCLUDED IN THE IT ACT AS ACCOUNTANT 28-02-2025
SHAMBHU KUMAR SHAHU BAGODAR 28-02-2025
JS Arathy Student Trivandrum /Kerala No comment 28-02-2025
Manju Member Gafoornagar Please allow CMAs also to do all related Audits 28-02-2025
ICIYA SHARMI Student Chennai 28-02-2025
somveer singh Bijnor 28-02-2025
murtuza hussain Member hyderabad For Petition for Inclusion of CMA in New Income Tax Act-2025 28-02-2025
Abin john Student Kerala 28-02-2025
Manshi jha Student Noida 28-02-2025
Sahil singh Student noida Requesting for Addition of CMA in the new era of Tax Audit for betterment of society and a crystal clear compliance. 28-02-2025
Divya prakash Student Noida / Uttar Pradesh Requesting for Addition of CMA in the new era of Tax Audit for betterment of society and a crystal clear compliance 28-02-2025
Suman Student Jaipur 28-02-2025

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