| Name | Category | City | Message | Date |
|---|---|---|---|---|
| Ganuraj Dhody | Student | New Delhi | I support this for the inclusion of CMA as Accountant in its definition in Income tax Act | 19 Feb 2025, 07:50 PM |
| Ishika Agarwal | Ramgarh Cantt | 19 Feb 2025, 07:50 PM | ||
| Vajralingam Chatla | Member | Hyderabad, Telangana | Cost Accountant should be included in Accountant definition of Income Tax bill 2025 | 19 Feb 2025, 07:49 PM |
| Junesh Bhimavarapu | Student | jangareddigudem | Including accountant means cost accountant also | 19 Feb 2025, 07:49 PM |
| ANJANI KUMAR MISHRA | Student | Howrah | 19 Feb 2025, 07:49 PM | |
| Rajesh Kumar Singh | Member | Jaipur | To achieve the Target of Viksit Bharat identity and proper tax computation " inclusion of Cost Accountants in definition of Accountant in Income Tax Bill 2025" is the necessity of the nation. Cost Accountants are fully competent. |
19 Feb 2025, 07:49 PM |
| Vidya | Student | 19 Feb 2025, 07:49 PM | ||
| HEMANT KUMAR SAHOO | Member | BHUBANESWAR | 19 Feb 2025, 07:49 PM | |
| Basab Ray | Member | Kolkata | Cost Accountant should be included in the definition of Accountant under Income tax act 2025 | 19 Feb 2025, 07:48 PM |
| DEEVANSHU KHATRI | Member | FARIDABAD | 19 Feb 2025, 07:48 PM | |
| RANJAN KUMAR DAS | Member | Nashik | For inclusion of Cost Accountants in the Definition of "Accountants" as outlined in the Section 515(3)(b) under the proposed Income Tax Act-2025. | 19 Feb 2025, 07:48 PM |
| Pavan Kumar Nerella | Member | NELLORE | Subject: Advocacy for Inclusion of Cost Accountants in the Definition of "Accountant" under the Income Tax Act, 2025 Respected Madam, I write to express my unequivocal support for the representation submitted by the All India Cost & Management Accountants Association (AICMAA), advocating for the inclusion of Cost Accountants within the definition of "Accountant" under Section 515(3)(b) of the proposed Income Tax Act, 2025. As a Cost and Management Accountant (CMA) with extensive experience in financial management, taxation, and compliance, I firmly believe that the exclusion of CMAs from this definition is inconsistent with the principles of professional equity and the broader objectives of economic governance. The role of Cost Accountants in taxation, financial reporting, and regulatory compliance is well established, and their contribution to ensuring fiscal discipline and minimizing revenue leakage is undeniable. Rationale for Inclusion of Cost Accountants 1. Recognized Expertise in Taxation and Compliance Cost Accountants are already empowered to conduct audits under the GST Act, 2017, internal audits under the Companies Act, 2013, and inventory valuations under Section 142(2A) of the Income Tax Act, 1961. The exclusion of CMAs from conducting tax audits under Section 44AB of the Income Tax Act lacks a justifiable basis and creates an unnecessary restriction on a profession statutorily established under the Cost Accountants Act, 1959. 2. Endorsement from Parliamentary Committees and Precedents The 49th and 122nd Reports of the Parliamentary Standing Committees on Finance and Commerce have explicitly recommended the expansion of the definition of "Accountant" to include Cost Accountants. The Direct Tax Code (2013) also acknowledged the need for the inclusion of CMAs, demonstrating a well-founded precedent for this amendment. 3. Improving Audit Quality and Enhancing Tax Compliance The Comptroller and Auditor General (CAG) Report (2014) highlighted substantial revenue leakages due to errors in tax audit reports, reinforcing the need for diversified professional participation. Expanding the scope of tax audits to include Cost Accountants will strengthen tax compliance, improve audit quality, and ensure a broader talent pool for professional scrutiny. 4. Alignment with Global Best Practices and Economic Vision Internationally, all professionally qualified accountants, including management accountants, are recognized as integral to tax compliance and audit functions. The Government’s vision of ‘Viksit Bharat 2047’ necessitates the removal of restrictive barriers that hinder professional parity and limit contributions to the nation’s economic and fiscal ecosystem. Request for Consideration Given the above, I earnestly urge the Government to amend Section 515(3)(b) of the proposed Income Tax Act, 2025, to explicitly recognize Cost Accountants within the definition of "Accountant". Doing so will not only rectify an existing professional disparity but also promote a more competitive and transparent tax administration framework. I trust that under your esteemed leadership, a balanced and equitable policy decision will be undertaken in the larger interest of strengthening India’s financial, regulatory, and taxation systems. Thank you for your time and consideration. Yours sincerely, CMA Pavan Kumar Nerella Associate Member, The Institute of Cost Accountants of India |
19 Feb 2025, 07:47 PM |
| Suresh | Member | Hyderabad | CMA also expert knowledge in taxation | 19 Feb 2025, 07:47 PM |
| Sonu Modi | Student | Asansol West Bengal | Cost Accountant has similar knowledge in tax like CA Therfore it should ne added in definition of Accountant for Tax Audit purpose |
19 Feb 2025, 07:47 PM |
| DILEEP MALLA | Others | Hyderabad | Recently qualified CMA | 19 Feb 2025, 07:47 PM |
| Sakshi | Solapur,Maharashtra | CMA should be added in accountant definition. | 19 Feb 2025, 07:47 PM | |
| Vishal Vishwakarma | Student | Kolkata | CMA profession has a major contribution in development of country's economy, financial condition and keeping the companies keep error free. | 19 Feb 2025, 07:46 PM |
| Yogendra batchu | Student | Avanigadda | We support to include cmas to imclude in accountant definition | 19 Feb 2025, 07:46 PM |
| NATARAJAN BABU | Member | Arni/Tamilnadu | Practicing Cost Accountant for more than 20 years - INCOME TAX RETURNS and GST ANNUAL RETURN FILING etc | 19 Feb 2025, 07:46 PM |
| Samarth Lalwani | Student | Ayodhya | The taxation syllabus of ICAI and ICMAI are same , then why only CA are allowed to do tax audit #Tax Audit for CMA |
19 Feb 2025, 07:46 PM |
| Praveen Kumar Mishra | Student | Jamshedpur | 19 Feb 2025, 07:46 PM | |
| Rishav raj | Student | Gaya | 19 Feb 2025, 07:46 PM | |
| Dr Rajesh | Member | chenani | CMA and CA at par | 19 Feb 2025, 07:46 PM |
| Sarandeep Singh | Member | Ranchi | 19 Feb 2025, 07:46 PM | |
| Prachi Grover | Student | Delhi | It was only a few months ago that I was ecstatic to discover that our profession was slated to be encompassed within the definitional ambit of 'Accountant'. However, when the bill was finally presented, I was utterly dismayed, nay, disillusioned to find that we had been egregiously excluded from the definition. This glaring omission has left me feeling profoundly disappointed and betrayed, as it appears that our contributions and expertise have been callously disregarded. | 19 Feb 2025, 07:46 PM |
| R Balasundaram | Member | Trichy/Tamilnadu | To end the monopoly in Tax Audit please pave way for healthy competion by including Cost and Management Accountants in Accountant Definition in Income Tax Act | 19 Feb 2025, 07:45 PM |
| CMA Harshad Deshpande | Member | Pune | Inclusion of CMA was recommended by standing committee of Parliament in 2010, then DTC 2013 and again in 2015. Committee reports supports inclusion of CMA with detailed reasoning. Govt has to stand by their own committee reports. | 19 Feb 2025, 07:45 PM |
| Ritesh Bhatter | Student | HOWRAH | 19 Feb 2025, 07:45 PM | |
| Ganesh M | Member | Puducherry | CMA supporting national building - economic development reset al,Financial accounting and taxation and Audit and other areas they must include in accountant it will give way for transperancy and avoid monopoly in taxation practice boost accurate reporting | 19 Feb 2025, 07:45 PM |
| CMA Nilesh Kekan | Member | Pune | Give a fair change to the Professionals. Are you saying to the Doctor that since you are in Ayurveda you only have to practice in any particular area only. | 19 Feb 2025, 07:45 PM |
| Sita | Student | Andhra Pradesh | Times have changed and it's high time to include us in definition of "Accountant" | 19 Feb 2025, 07:45 PM |
| Ashwini kumar beheea | Member | Yes | 19 Feb 2025, 07:45 PM | |
| Hrishikesh R Nampoothiri | Member | Thiruvalla | In view with the Government's commitment towards Viksit Bharat and providing level playing field for all sister organisations, it is required to include CMAs and CSs into the definition of accountant under the Income Tax Act. While all 3 organizations are having similar scope and spirit, providing an added advantage to a particular institute alone doesn't strengthen the organisations. Monopoly of one organisation over all activities is not a fruitful thing | 19 Feb 2025, 07:44 PM |
| Anandakrishnan | Member | Puducherry | CMA should include Accountant definition on par with CA. | 19 Feb 2025, 07:44 PM |
| Anand Kumar Barnwal | Others | Ranchi | Include CMA in tax audit | 19 Feb 2025, 07:44 PM |
| Tarun Marimganti | Member | Hyderabad | 19 Feb 2025, 07:43 PM | |
| Deepak Joshi | Member | Pune | 19 Feb 2025, 07:43 PM | |
| CMA Subrat Kumar Routray | Member | Berhampur, Odisha | CMA should be included in the definition of 'Accountant' DTC bill 2025. | 19 Feb 2025, 07:43 PM |
| P.Rajamani | Member | Tamil Nadu | 19 Feb 2025, 07:42 PM | |
| Amulya Rout | Student | Odisha | 19 Feb 2025, 07:42 PM | |
| sumit sharma | Student | JAIPUR | CMA should be added in accountant definition | 19 Feb 2025, 07:42 PM |
| Usha Pandey | Member | Bhilai, Durg, Chhattisgarh | CMA should be included in accountant as both CA & CMA have the same syllabus of taxation & Accounting | 19 Feb 2025, 07:42 PM |
| Sri Abirami V | Student | Chennai | CMA should be also recognised as equal to CA. Because CMA is also equal tough to CA but there is no recognition in INDIA itself.Its very disappointing.CMA should also be treated equal to CA. | 19 Feb 2025, 07:42 PM |
| Bharath B C | Member | Bengaluru | 19 Feb 2025, 07:42 PM | |
| Dip Ranjan Verma | Member | Noida | 19 Feb 2025, 07:41 PM | |
| Amit Yadav | Member | RANCHI | I strongly support to adding CMA in Income tax Accountant definition | 19 Feb 2025, 07:41 PM |
| Shambhu Narayan | Student | Ranchi | 19 Feb 2025, 07:41 PM | |
| Syed Md iqbal | Member | South East | 19 Feb 2025, 07:41 PM | |
| Himadri Roy | Member | Kolkata | I support the petition | 19 Feb 2025, 07:41 PM |
| Ansh Goel | Student | Bahraich | 19 Feb 2025, 07:41 PM | |
| Sanya Priya | Student | Bettiah | 19 Feb 2025, 07:41 PM | |
| Irudayam Savarimuthu | Member | Panaji.Goa | 19 Feb 2025, 07:41 PM | |
| Aryan jha | Student | kolkata | Please show equality we all as a professional knows that every profession whether CMA or CA or CS each profession have that capability to handle this responsibility so why can't we get included in the definition just because CA is well known, and CMA and CS is not that much or else we are not capable? please its a request to accept our request! | 19 Feb 2025, 07:40 PM |
| Vijay Pratap Singh | Member | DELHI | I support for an tax audit done by CMAs also. | 19 Feb 2025, 07:40 PM |
| SHRIKANT MANI | Member | Kanpur | Should be included | 19 Feb 2025, 07:39 PM |
| Swarnapriyaa Doraiswami | Member | Chennai | Cost Accountants are employed as Chief Accountants and CFOs. They are knowledgeable and should be included as auditors under DTA. | 19 Feb 2025, 07:39 PM |
| Bala | Member | Hyderabad | We are competent to carryout tax audit which is our right to contribute in the development of our country. | 19 Feb 2025, 07:39 PM |
| Athulya A | Student | Tamil Nadu | 19 Feb 2025, 07:39 PM | |
| MEERA PRASAD | Member | Ranchi | We want to know from the Govt why they are neglecting us. And if they feel we cannot be included as Accountant then what is the point in having this institute. | 19 Feb 2025, 07:39 PM |
| T Rajesh Patro | Member | BERHAMPUR/Odisha | My support for inclusion of *Cost Accountants* in the Definition of " *Accountant* " as outlined in the Section 515(3)(b) under the proposed Income Tax Bill-2025. | 19 Feb 2025, 07:39 PM |
| Jugal Pradhan | Member | Maharashtra | 19 Feb 2025, 07:39 PM | |
| Babul Bhadra | Member | Angul, Odisha | The definition itself say CMA are accountant and should be given equal opportunities with their peer competitors. May be due to later existence of CMAs in India earlier CMA were not included in IT bill but as on date the CMA are competent enough to perform the IT audit. | 19 Feb 2025, 07:38 PM |
| Yogender | Member | Delhi | 19 Feb 2025, 07:38 PM | |
| Balwinder Kaur | Student | New Delhi | 19 Feb 2025, 07:38 PM | |
| krishan kant | Member | Ranchi | I want power to act as Income tax Auditor under income tax code | 19 Feb 2025, 07:38 PM |
| Parveen Saba | Others | Howrah | I strongly recommend to include Cost Accountants in the defination of Accountants as per the New Income Tax Act. | 19 Feb 2025, 07:37 PM |
| KAMALA KANTA MALLICK | Member | PURBA BARDHAMAN | Need to break CA's monopoly in Tax Audit,we are also to be treated at par, it's a genuine need to include us in defination "Accountant'..Jai Hind, Jai CMA | 19 Feb 2025, 07:37 PM |
| Sandeep kumar | Member | Lucknow | Please add cma in the definition of accountant under Income tax code | 19 Feb 2025, 07:37 PM |
| Arpita | Member | Nashik | 19 Feb 2025, 07:37 PM | |
| Pragati Kesarwani | Student | Prayagraj | I'm to a Icmai student and want rights , like GST law have ..the same should follow for income tax bill too | 19 Feb 2025, 07:37 PM |
| Arabinda Jena | Member | Cuttack | Yes we are accountant | 19 Feb 2025, 07:37 PM |
| Avinash Kumar Mishra | Member | New delhi | CMA must be included in the definition of Accountant for doing Tax Audit. | 19 Feb 2025, 07:37 PM |
| Sridhar | Member | Hyderabad | 19 Feb 2025, 07:36 PM | |
| Chaitya Markanda | Student | LUDHIANA | We also need equal importance and job role just like CA . | 19 Feb 2025, 07:36 PM |
| SHRINIWAS GANJI | Member | Ahamednagar | Like other professional, a CMA can equally knowledgeable to conduct tax audit. Its high time include CMA's in the definition of Accountant | 19 Feb 2025, 07:36 PM |
| S.Vijayakumar | Member | HYDERABAD | Cost and Mangement Accountants are much efficient and capable of handling in the aspects of Accounts,Finance,Taxation Statutory Compliance, if you compare with other professional.So they shouldn't be ignored in any of the aspects.It will affect the country's economic growth.They should be allowed to Practice/Certify/Attest like similar profession.Now CMA need to be included in the definition of Accountant as per Income Tax Act. | 19 Feb 2025, 07:36 PM |
| Kapse pavandeep digambar | Student | Solapur | 19 Feb 2025, 07:35 PM | |
| CMA Bhushan Uttam Pagere | Pune | CMA is as equivalent to CA in all the sectors. Please include CMA in the defination of Accountant as per Income Tax |
19 Feb 2025, 07:35 PM | |
| Anjali Sahu | Student | Bhilai | 19 Feb 2025, 07:35 PM | |
| Dadasaheb Pandurang Kokare | Student | pune | 19 Feb 2025, 07:35 PM | |
| Ankita | KOLKATA | 19 Feb 2025, 07:35 PM | ||
| Anoushka Roy | Student | Jamshedpur | Cost is the basis of expenditure. Hence , a Cost Accountant has the acumen to get into the details of each expenses vis-a-vis Income. Thus , Expenses , Income and Tax come within the ambit of Cost Accountant. | 19 Feb 2025, 07:35 PM |
| Surya Kant Kumar | Member | Patna | I strongly support the petition to include "Cost Accountant" in the definition of "Accountant" in the new Income Tax Bill 2025. If govt want true and fair tax audit in India then end the monopoly of accountant definition. |
19 Feb 2025, 07:35 PM |
| Mihir Kumar Nath | Member | Rourkela | It is too late for the profession. CMA are best Accountants |
19 Feb 2025, 07:35 PM |
| Harshit Modi | Student | Jhumri Telaiya | Cost accountants should definitely be included in the defination of accountant in the act | 19 Feb 2025, 07:34 PM |
| Harshit paliwal | Student | Ahmedabad | Tax audit is needed for cmas | 19 Feb 2025, 07:33 PM |
| Surojit Sarkar | Member | Nagpur | It is seer injustice to this profession after so many years of formation. If government do not consider Cost Accountants as Accountants yet than it is better to close this Institute now | 19 Feb 2025, 07:33 PM |
| Vedika Pujari | Student | Solapur | 19 Feb 2025, 07:33 PM | |
| Suchitra Manikantan | Member | Chennai | 19 Feb 2025, 07:33 PM | |
| Vinit Korada | Member | Hyderabad | 19 Feb 2025, 07:33 PM | |
| Megha Mehta | Student | Purnia | 19 Feb 2025, 07:33 PM | |
| Snehalata pradhan | Student | Rourkela | 19 Feb 2025, 07:32 PM | |
| Dipak Joshi | Member | Nashik | I support inclusion of CMA in the definition of accountant in the income tax act | 19 Feb 2025, 07:32 PM |
| Deepak Kumar Gupta | Member | Patna | CMA should be added in accountant definition so that all type of audit may be conducted by CMA | 19 Feb 2025, 07:32 PM |
| Divyanshu Gupta | Student | Gurdaspur | Yes I support the cause | 19 Feb 2025, 07:32 PM |
| Chandan | Member | Delhi | I support the well deserve role of cost accountant in Direct Tax. We were promised this in the 10 year old draft. This is simply arm twisting by the other institute because of their lobby support. We have struggled enough, even till date our institute name could not be corrected because of their objection. This needs to stop | 19 Feb 2025, 07:32 PM |
| Ajay Mohan | Member | Navi Mumbai | I am for inclusion in the definition in accountant | 19 Feb 2025, 07:32 PM |
| Kishore Chennu | Member | BENGALURU URBAN | Support to include CMAs in income tax act. | 19 Feb 2025, 07:32 PM |
| Bharat Murlidhar Nuti | Member | Mumbai | We are also a Statutory Body Under Act of Parliament. Capable to do Tax Audit as well. Requesting to add us in the definition of "Accountant " in the New Tax Bill. | 19 Feb 2025, 07:32 PM |
| Sumit Kumar Shaw | Student | Kolkata | I support the petition by AICMAA for inclusion of CMAs in the definition of Accountant under Income Tax Bill, 2025 | 19 Feb 2025, 07:32 PM |