Name | Category | City | Message | Date |
---|---|---|---|---|
Ramoji Samara Simha Reddy | Student | Hyderabad | 20 Feb 2025, 12:16 PM | |
Vaishno | Student | Nashik | Inclusion of cost accountant in the definition of accountant in income tax | 20 Feb 2025, 12:16 PM |
LIJIN NELLADATH | Others | Kerala | 20 Feb 2025, 12:16 PM | |
Ashish Kumar Pradhan | Student | Bhubaneswar | If Not Include CMA as a Accountant who is conducting Tax Audit , otherwise No one pursuing CMA All are Go towards CA..as I am CMA Finalist I am Also go towards CA.. Only one institute Survive in competitive world | 20 Feb 2025, 12:16 PM |
Nikita soni | Student | Durg | 20 Feb 2025, 12:16 PM | |
Samarpita Suhani | Student | PATNA,BIHAR | Allowing CMAs in tax audits will enhance compliance, improve audit quality, reduce workload on existing professionals, and create more opportunities, strengthening India’s financial and regulatory system. | 20 Feb 2025, 12:16 PM |
Tangadapally santhosh kumar | Student | Hyderabad | Allow cma's for tax audit | 20 Feb 2025, 12:16 PM |
Khushi | Student | New Delhi | CMA should be included in the definition of accountant under the income tax Act | 20 Feb 2025, 12:15 PM |
TISTA ADHIKARI | Others | WEST BENGAL, KOLKATA | As a student, I believe the inclusion of Cost and Management Accountants (CMAs) in the new Income Tax Bill 2025 is an essential step towards ensuring fair recognition of all accounting professionals in India. CMAs play a crucial role in managing costs, improving efficiency, and offering specialized financial advice. Their expertise should be acknowledged and incorporated into the framework of the Income Tax Bill, especially since they are well-equipped to contribute to tax-related functions. | 20 Feb 2025, 12:15 PM |
Abhishek Dua | Mathura | 20 Feb 2025, 12:15 PM | ||
Yashika Saini | Student | Ajmer, Rajasthan | 20 Feb 2025, 12:15 PM | |
G MUNI CHANDRA | Others | TIRUPATI | I support inclusion of CMAs in the definition of Accountants in the yet to be adopted new Income Tax Act 2025 | 20 Feb 2025, 12:15 PM |
Saurabh Kumar sahu | Student | Bhubaneswar, Odisha | 20 Feb 2025, 12:15 PM | |
Akshaya Kushte | Student | MUMBAI | The definition of 'Accountant' in the proposed Income Tax Act 2025 should explicitly include Cost and Management Accountants (CMAs). CMAs play a crucial role in cost analysis, tax planning, and financial compliance, contributing significantly to economic and regulatory frameworks. Their expertise in cost audit, internal control, and strategic decision-making makes them essential for ensuring accurate financial reporting and tax compliance. Recognizing CMAs as 'Accountants' will enhance efficiency, broaden the professional base, and ensure a more comprehensive approach to financial governance. | 20 Feb 2025, 12:15 PM |
Subham Kumar Singh | Student | Asansol | Add CMA into the definition of Accountant | 20 Feb 2025, 12:15 PM |
Shubham Yeole | Student | Nashik | Cost accountant is also capable for accounting | 20 Feb 2025, 12:15 PM |
Abhishek Dua | Mathura | 20 Feb 2025, 12:14 PM | ||
Chandu davani | Student | Vijayawada | Even CMA are capable of tax audits | 20 Feb 2025, 12:14 PM |
Tapas Kumar Das | Student | Jajpur | 20 Feb 2025, 12:14 PM | |
Shagun | Student | Pilani | 20 Feb 2025, 12:14 PM | |
Lakshya kapoor | Student | Ranchi, jharkhand | Yes i support | 20 Feb 2025, 12:14 PM |
Moningi simran | Berhampur | We want cost accountant in the defined accountant | 20 Feb 2025, 12:14 PM | |
Shuivam Agarwala | Student | Malda | I give my support to ICMAI for the petition of having power of Income Tax audit | 20 Feb 2025, 12:14 PM |
Prachi Akshay Renuse | Student | Pune | 20 Feb 2025, 12:14 PM | |
Akarsh Chaudhary | Member | Delhi | 20 Feb 2025, 12:14 PM | |
Ashwini Thakur | Student | Pune | As a student I really think our syllabus and course include all the necessary skills . Pls include cost accountants in the definition of Accountants as we study same as chartered accountants and have all the required skills for tax audit . Then , why CA and CMA have different set of rights and powers ? | 20 Feb 2025, 12:14 PM |
Priyam Varshney | Member | Gurgaon Haryana | Cost Accountants are also important in every business aspects and they have to be included in the definition of accountants. | 20 Feb 2025, 12:14 PM |
Arjun Singh negi | Student | UTTAM NAGAR | 20 Feb 2025, 12:13 PM | |
Abhishek | Student | Delhi | 20 Feb 2025, 12:13 PM | |
Aditya Sinha | Student | RANCHI | Because we study the same course syllabus as chartered accountant study and examination level are more harder than chartered accountant. And there is no difference in our knowledge. |
20 Feb 2025, 12:13 PM |
Navidha Gupta | Student | Patiala | 20 Feb 2025, 12:13 PM | |
SHRIMANTA KUMAR SAHOO | Student | KENDRAPARA | Dear sir /mam We urgesfor inclusion of *Cost Accountants* in the Definition of " *Accountants* " as outlined in the Section 515(3)(b) under the proposed Income Tax Act-2025. |
20 Feb 2025, 12:13 PM |
Shahid | Student | New Delhi | 20 Feb 2025, 12:13 PM | |
Shubham Goel | Member | Haryana | 20 Feb 2025, 12:13 PM | |
Sunny thakur | Member | Kolkata | Kindly include | 20 Feb 2025, 12:13 PM |
Narayan Aggarwal | Student | Haryana | 20 Feb 2025, 12:13 PM | |
Pooja Kumari | Student | Ranchi | CMA must be added in the definition of IT code | 20 Feb 2025, 12:13 PM |
Sheikh Owais Farhan | Student | Ranchi | CMA'S are also Accountants | 20 Feb 2025, 12:12 PM |
Harprit singh | Student | Ranchi | We want our right | 20 Feb 2025, 12:12 PM |
Abhishek Mohanty | Student | bhubaneswar | We Cost Accountants must also be included in the definition of “ACCOUNTANT”. It is our Right! | 20 Feb 2025, 12:12 PM |
Kajal Kumari | Student | Dhanbad, Jharkhand | 20 Feb 2025, 12:12 PM | |
Kamal | Others | Delhi | 20 Feb 2025, 12:12 PM | |
Siddhartha Das | Others | Guwahati | 20 Feb 2025, 12:12 PM | |
Sneha kumari | Student | Ranchi | 20 Feb 2025, 12:12 PM | |
Harshita Soni | Student | Bhilai | 20 Feb 2025, 12:12 PM | |
MdRehan | Member | Delhi | Why CMAs can be given Income Tax Audits. 1.Strengthening MSME Tax Governance: MSMEs often lack structured tax compliance due to limited resources. CMAs, with their experience in cost management and financial structuring, can help optimize tax liability while ensuring full compliance, benefiting small businesses and increasing tax revenues. 2. Strengthening Transfer Pricing & International Taxation CMAs are already involved in transfer pricing documentation and cost analysis for international transactions. Their inclusion in tax audits would enhance accuracy in cross-border tax compliance, preventing tax base erosion and profit shifting (BEPS). 3. Industry-Specific Tax Audit Insights Since CMAs conduct cost audits in regulated industries (such as pharmaceuticals, infrastructure, and manufacturing), they have deep insights into sectoral taxation. Their inclusion in tax audits would ensure a more informed approach to sector-specific tax policies. 4. Expertise in Cost & Financial Analysis CMAs have deep expertise in cost structures, cost allocations, and financial analysis, making them well-equipped to assess financial statements accurately in an Income Tax Audit. They can ensure proper disclosure and classification of expenses, reducing tax leakages. Further, the Government may consider the term Tax Agents for Income Tax Audit by those professionals (CA/CMA/CS) who enrolls themselves as a Tax Agents after qualifying certain test of Income Tax. This may further can give a sense of clarity of competency of all the professionals. |
20 Feb 2025, 12:12 PM |
Srividya Vaddadi | Member | Visakhapatnam | 20 Feb 2025, 12:12 PM | |
Kajal Tripathi | Student | GHAZIABAD | 20 Feb 2025, 12:11 PM | |
Abishek S | Student | Tamilnadu | 20 Feb 2025, 12:11 PM | |
Chandan Kumar Sahoo | Student | Bhubaneswar | Yes we want justice! | 20 Feb 2025, 12:11 PM |
Praveen kumar | Member | Thrissur | 20 Feb 2025, 12:11 PM | |
Dipti Saraf | Student | Kolkata | CMA must also be given equal and justified position as it stands for the other qualifications. If we get that respect as professionals we surely can outshine and show our talent. |
20 Feb 2025, 12:11 PM |
Lalatendu panda | Others | Odisha,Bhubaneswar | Cost accountant | 20 Feb 2025, 12:11 PM |
ANINDITA PATHAK SAHA | Mumbai | I support this | 20 Feb 2025, 12:11 PM | |
RANA DHRUV SURESHKUMAR | Student | AHMADABAD | I support to include CMA as accountant in new income tax bill | 20 Feb 2025, 12:11 PM |
R Sandhiya | Member | Chennai | Inclusion of CMA in accountant definition is very much needed. Curriculum of CMA has extensive coverage of income tax iat the intermediate stage and final stage. We are very well equipped to carry tax audit also. Further, increased availability of professionals will ensure time conpliances. We need to be treated at par. This is need of an hour. If CMA excluded then we will have limited scope of practice and there won't be recognition at all. Students won't prefer to study CMA in future due to lack of recognition. | 20 Feb 2025, 12:11 PM |
Naamaala Raja | Student | Guntur | Include CMA's into the definition of Accountants in the new income tax bill since we are equally capable of doing the job and this will ensure the competition in the area as well as end up the monopoly of CA's, which is not good for the economy | 20 Feb 2025, 12:11 PM |
PINTU GHOSH | Others | SHYAMNAGAR | I support for Inclusion of CMA | 20 Feb 2025, 12:10 PM |
IYSWARIYA B | Student | Chennai | 20 Feb 2025, 12:10 PM | |
B KALYAN | Student | ANDHRA PRADESH | The Institute of Cost Accountants of India (ICMAI) should be nationally recognized in areas such as Audit, Taxation, and other financial domains, similar to Chartered Accountants (CAs). Cost and Management Accountants (CMAs) play a crucial role in cost audit, internal audit, GST, direct and indirect taxation, and financial management. However, in many cases, regulatory recognition for CMAs is either limited or not on par with CAs. Ensuring equal recognition in audit and taxation-related areas would strengthen the profession and create more opportunities for CMAs. | 20 Feb 2025, 12:10 PM |
Rahul Kondibal Sakpal | Member | Navi Mumbai, Maharashtra | I fully support the inclusion of Cost Accountants in the definition of "Accountants" as outlined in Section 515(3)(b) of the proposed Income Tax Act-2025. This recognition is crucial for acknowledging the vital role that Cost Accountants play in financial management and compliance. I urge the Parliament to consider this demand favorably. | 20 Feb 2025, 12:10 PM |
Rajat chopra | Student | Ghaziabad | 20 Feb 2025, 12:10 PM | |
Ankur Kamal | Student | Ranchi | Allowing CMAs in tax audits will enhance compliance, improve audit quality, reduce workload on existing professionals, and create more opportunities, strengthening India’s financial and regulatory system. |
20 Feb 2025, 12:10 PM |
C KAARTHIKEYA | Student | TIRUPATI | I support this petition for inclusion of CMAs in the definition of Accountants in the yet to be adopted new Income Tax Act 2025 | 20 Feb 2025, 12:10 PM |
Neha | Student | Delhi | 20 Feb 2025, 12:09 PM | |
Sarbajna | Student | Boudh | 20 Feb 2025, 12:09 PM | |
Amodh Kumar Choudhary | Student | Kolkata | 20 Feb 2025, 12:09 PM | |
abhishek sharma | Student | East Delhi | 20 Feb 2025, 12:09 PM | |
Suraj kumar prasad | Student | DHUPGURI | 20 Feb 2025, 12:08 PM | |
Priyanka Kushwaha | Student | Mumbai | CMA are really capable to be in definition of Accountant in New Income Tax Act 2025 | 20 Feb 2025, 12:08 PM |
Anam Gupta | Student | Chandigarh | We want equal opportunity. | 20 Feb 2025, 12:08 PM |
Naamaala Raja | Student | Guntur | 20 Feb 2025, 12:08 PM | |
Priyaranjan jena | Student | Bhubaneswar | CMA should be included in the new income tax bil-2025 | 20 Feb 2025, 12:08 PM |
Sarthak desai | Student | Mumbai | I fully support this initiative by AICMAA for the rightful inclusion of Cost Accountants in the definition of "Accountants" under the proposed Income Tax Act-2025. Cost Accountants play a crucial role in financial management, taxation, and cost optimization, contributing significantly to the economy. Recognizing them under this provision will ensure a more inclusive and fair professional ecosystem. I urge everyone to support and share this petition widely to strengthen our profession's standing. |
20 Feb 2025, 12:08 PM |
ANINDA KUNDU | Others | West Bengal | All my tax filing are done by a CMA. I think they are as knowlegeable as CA. They should have the right to do Tax Audit. I strongly support that CMA should be included in the definition of "accountant" in the New Income Tax Act-2025. | 20 Feb 2025, 12:08 PM |
BIGHNESWAR PRADHAN | Student | BHUBANESWAR | Accountant Means Both Cost Accountant And Chartered Accountant. | 20 Feb 2025, 12:08 PM |
Raja Kumar | Student | Faridabad | 20 Feb 2025, 12:08 PM | |
Rohit shahu | Student | Bhilai, C.G | ACCEPT OUR PETITION TO THE PARLIAMENT FOR INCLUSION OF "COST ACCOUNTANT" IN THE DEFINITION OF "ACCOUNTANT" IN THE NEW INCOME TAX BILL-2025. | 20 Feb 2025, 12:08 PM |
C SUREKHA | Others | TIRUPATI | I support this petition for inclusion of CMAs in the definition of Accountants in the yet to be adopted new Income Tax Act 2025 | 20 Feb 2025, 12:08 PM |
TAPAS MALLIK | Member | Kolkata | ICMAI representation is very correct. | 20 Feb 2025, 12:07 PM |
Sourav Pathak | Student | Dhanbad | The inclusion of Certified Management Accountants (CMAs) in the definition of "Accountant" recognizes the broad and essential role they play in today's dynamic business environment. CMAs bring specialized expertise in management accounting, focusing on strategic decision-making, financial planning, and performance management. Their training equips them with the ability to bridge the gap between financial data and actionable business insights, contributing to organizational growth and sustainability. By formally acknowledging CMAs as part of the accounting profession, we affirm their critical role in enhancing operational efficiency, driving business strategies, and ensuring financial integrity. This also underscores the evolving nature of the accounting profession, where a deep understanding of both financial reporting and strategic management is indispensable. Embracing CMAs in the broader accounting definition fosters a more inclusive and comprehensive view of accounting professionals, reflecting the profession’s versatility and importance in supporting business success across industries. |
20 Feb 2025, 12:07 PM |
Chandan yadav | Student | Mumbai | I wanted to include cost accountant in the definition of accountant. | 20 Feb 2025, 12:07 PM |
SUBHASHRI CHAKRABORTY | delhi | Yes, CMA should be included in definition of ACCOUNTANT we do study taxation in depth, and we deserve equal rights. | 20 Feb 2025, 12:07 PM | |
Santosh Kumar Palai | Member | Bhubaneswar, Odisha | I am a practicing CMA. I request Govt. of India to include CMA as Accountant in the definition of 'Account' in new Income tax Act. | 20 Feb 2025, 12:07 PM |
Siddhant sharma | Student | Kolkata | CMA should be authorised to do tax audit | 20 Feb 2025, 12:07 PM |
CHENNAIGUNTA KRISHNA PRAKASH | Member | TIRUPATI | I support this petition for inclusion of CMAs in the definition of Accountants in the yet to be adopted new Income Tax Act 2025 | 20 Feb 2025, 12:07 PM |
Amarjit Shaw | Student | BHATPARA | 20 Feb 2025, 12:07 PM | |
Manish Jadhav | Student | Bhiwandi | 20 Feb 2025, 12:07 PM | |
Namdev Jambhilkar | Student | Mumbai | The Institute of Cost Accountants of India (ICMAI) should be recognized at the national level in areas like Audit, Taxation, and other financial domains, just like Chartered Accountants (CA). Cost and Management Accountants (CMAs) play a crucial role in cost audit, internal audit, GST, direct and indirect taxation, and financial management. However, in many cases, regulatory recognition for CMAs is either limited or not at par with CAs. Ensuring equal recognition in audit and taxation-related areas would strengthen the profession and create more opportunities for CMAs. | 20 Feb 2025, 12:07 PM |
Shreya Agrawal | Student | Rajgangpur | Cost Accountants deserve to be included in the definition of "Accountant" under the proposed Income Tax Bill, 2025 | 20 Feb 2025, 12:06 PM |
Sakshi Singh Atul | Student | Delhi | I want tax audit | 20 Feb 2025, 12:06 PM |
sachin kumar | Member | Noida | 20 Feb 2025, 12:06 PM | |
Hemant kumar rai | Student | Singrauli | 20 Feb 2025, 12:06 PM | |
Shruti Vemul | Student | Bhiwandi | 20 Feb 2025, 12:06 PM | |
REKHA CHAKRABORTY | Others | WEST BENGAL, KOLKATA | We need equal Opportunity, So CMA's should be included in New Income tax Act-2025. | 20 Feb 2025, 12:06 PM |
Prem shankar chaudhary | Student | North West Delhi | 20 Feb 2025, 12:06 PM | |
Vikash kumar das | Student | Jamshedpur | 20 Feb 2025, 12:06 PM | |
Vishal Deshmukh | Nashik | It is needed | 20 Feb 2025, 12:06 PM | |
jashanpreet Kaur | Student | Delhi | 20 Feb 2025, 12:06 PM | |
BIKASH RAY | Student | West Bengal | Cost accountant mus be include in the defination of accountant for the purpose of tax audit | 20 Feb 2025, 12:06 PM |