| Name | Category | City | Message | Date |
|---|---|---|---|---|
| Devendra Deore | Member | Pune | Inclusions of CMA as Accountant will support Govt and business | 19 Feb 2025, 07:14 PM |
| samarjit dibaspati | Student | patna | 19 Feb 2025, 07:14 PM | |
| Shaik Mustaq | Member | Tirupati | Request for expansion of scope of Accountant definition to include CMA | 19 Feb 2025, 07:14 PM |
| Rajeev Sinha | Others | Ranchi | CMA should be included | 19 Feb 2025, 07:13 PM |
| Anand vijay | Student | Delhi | I want justice | 19 Feb 2025, 07:13 PM |
| Sayan Mondal | Student | Kolkata | Want CMAs under Accountant definition in new Income Tax Act 2025 | 19 Feb 2025, 07:13 PM |
| Sudipto Mazumdar | Member | Kolkata | I strongly recommend to include Cost Accountants in the defination of Accountants as per the New Income Tax Act. |
19 Feb 2025, 07:13 PM |
| PRASAD KALAVA | Member | Vijayawada | It should be done | 19 Feb 2025, 07:13 PM |
| S Rajeswararao Kalla | Visakhapatnam | 19 Feb 2025, 07:13 PM | ||
| Subrata ghosh | Member | West Bengal | I support inclusion of CMA as accounts in IT | 19 Feb 2025, 07:13 PM |
| CMA Ashwini Bhale | Member | Aurangabad | 19 Feb 2025, 07:13 PM | |
| Karan Gupta | Student | ASANSOL | CMA must get a Tax Audit, because CA have main core field of Statutory Audit, CMA have cost audit amd CS have secretarial audit. Then why only CA would have only monopoly of Tax audit... It's a request Please include Cost accountant also in the definition of Accountant of New income tax bill 2025. | 19 Feb 2025, 07:12 PM |
| CMA Manas Kumar Khatua | Member | Bhubaneswar | 19 Feb 2025, 07:12 PM | |
| Rohan Chakraborty | Student | Kolkata | CMAs are capable of doing it. | 19 Feb 2025, 07:12 PM |
| Manigandan Subramanian | Student | Chennai | To achieve the vision of Honorable PM Modi Ji for India to be a developed country, the definition of a cost accountant should be included. | 19 Feb 2025, 07:12 PM |
| Srishti gupta | Student | New Delhi | Want CMAs under Accountant definition in new Income Tax Act 2025 | 19 Feb 2025, 07:12 PM |
| R SUBRAMANIAN | Member | Tirunelveli, Tamilnadu | Perfect representation. If not done now, it will become a distant dream depriving the CMA professionals to serve our society in a more appropriate manner. | 19 Feb 2025, 07:12 PM |
| CMA Siva Rama Krishna Srirangam | Member | Hyderabad | Cost Accountants are capable for handling Income Tax Audits since they are trained in Financial accounting, Cost & management accounting, Direct Taxation & indirect taxation on par with CAs. ICMAI is a member of International federation of Accountants which is a body for all nations accounting bodies. Cost Accountants should be recognised as Accountants in Income Tax Bill 2025. |
19 Feb 2025, 07:12 PM |
| SREENIVASULU SURESH | Member | Tirupathi | Here I humble request to include ICMA in New income tax Act | 19 Feb 2025, 07:12 PM |
| Harsh | Student | Gaya bihar | 19 Feb 2025, 07:11 PM | |
| GAURAV KUMAR | Member | Nagpur | CMA should have equal rights for TAX Audit. All CMA professional have better in cost as well as financial decisions making. This profession deliver both financial and cost department expertise knowledge and more efficient in financial, taxation and cost risk management. | 19 Feb 2025, 07:11 PM |
| Shailendra Kumar | Others | Lucknow | 19 Feb 2025, 07:11 PM | |
| Suman Kumar Eadala | Member | Visakhapatnam | We are having good knowledge and have capability to fulfill requirements of statutory. | 19 Feb 2025, 07:10 PM |
| Abdul Khaliq | Member | Chennai | Want CMAs under Accountant definition in new Income Tax Act 2025 | 19 Feb 2025, 07:10 PM |
| AJAYKUMAR PRAJAPATI | Member | surat | Get Tax audit | 19 Feb 2025, 07:09 PM |
| Ketan Ulhas Dharmadhikari | Student | dhule | CMA Are Capable For Doing Tax Audit as we have Enough Knowledge To Carry Out Audit Process. CMA will Carry Out The Audit In accordance With The Rules And Provision As CA are comencing Frauds | 19 Feb 2025, 07:09 PM |
| Othoju Vinay kumar | Student | Hyderabad | Certified management accountants are the key role in costing, accounting, descision making, & various crucial roles.so certified by our respected profession is not enough,but also respected law in prescribed defination also mandatory requirement. Hope will give respect as required. | 19 Feb 2025, 07:09 PM |
| Sachin | Student | Jamshedpur | 19 Feb 2025, 07:08 PM | |
| Twinkle Singh | Student | RANCHI | 19 Feb 2025, 07:08 PM | |
| Bhupendra | Member | Delhi | 1st priority:-CMA Must be included in the definition of accountant anyhow(without any limit) In case unable to do that at least give limit based tax audit rights Initially |
19 Feb 2025, 07:08 PM |
| Omkar kalamkar | Member | Kalyan/ maharashtra | 19 Feb 2025, 07:07 PM | |
| Arshita | Student | Bokaro Steel City | 19 Feb 2025, 07:07 PM | |
| I N Murthy | Member | Hyderabad | 19 Feb 2025, 07:07 PM | |
| CMA Tarang Varshney | Dibai | It should be included we are working so hard and doing all tasks | 19 Feb 2025, 07:07 PM | |
| Sandeep Roy Choudhury | Member | Jharkhand | CMA need to be included in accountant definition as per new Income Tax Law 2025. | 19 Feb 2025, 07:06 PM |
| NARENDRA KUMAR JANGID | Member | jhunjhunu | I would like to bring to your attention a long-pending issue regarding the definition of "Accountant." As per Clause 2, only Chartered Accountants are eligible, which contradicts the government's earlier intent, particularly since Hon'ble Prime Minister Shri Narendra Modi Ji assumed office 11 years ago. The guiding principle has always been that, apart from three designated audits—Statutory Audit by Chartered Accountants, Cost Audit by Cost Accountants, and Secretarial Audit by Company Secretaries—all other taxation-related assignments should be open to professionals from any of the three institutes. This amendment is crucial 1. It is also predominant to mention here that in earlier DTC proposals the recommendations by the standing committee it was proposed to widen the scope for inclusion of Cost Accountant / Company Secratory in the definition of Accountant. 2. To prevent monopolistic and restrictive practices, which often lead to inefficiency, complacency, and corruption. Our institute, the Institute of Cost Accountants of India (ICAI-CMA), has already made detailed presentations to the ministry on this matter. For your ready reference, I am providing a brief summary outlining the current situation and the justified demand of Cost Accountants in India. We sincerely hope for your kind consideration and necessary action on this important issue. Detailed Summary Given Below.. Gist 1. Proposed Situation as per IT Bill 2025- As per explanation below sub-section (3b) of section 515 of the Income Tax Bill, 2025, "accountant" means a Chartered Accountant as defined in clause (b) of sub-section (1) of section 2 of the Chartered Accountants Act, 1949 (38 of 1949) who holds a valid certificate of practice. 2. Demand of the Institute of Cost Accountants of India- Modification of the term "Accountant" as appearing in the Explanation below sub-section (3b) of section 515 of the Income Tax Bill, 2025 to include the "Cost Accountants" 3. Merits of the Demand Ø Government of India has considered both professional bodies viz. Institute of Chartered Accountants of India and Institute of Cost Accountants of India at par to represent the assesse as authorized representative u/s 288 of the Income Tax Act, 1961 and also in new Bill 2025 Section 515 sub-section (3b). 2/17/25, 10:39 AM Yahoo Mail - Inclusion of Cost Accountants in the Definition of "Accountant" in the Income Tax Bill, 2025 about:blank 2/5 Ø Recommendation by the Parliamentary Committee to include Cost Accountants in the definition of 'accountant' in its 49th Report of 15th Lok Sabha, relating to "The Direct Taxes Code Bill, 2010" Ø Recognition at par under all other Statutes- - Goods and Services Tax [GST] {Central Goods and Service Act define auditor. Under section 35(5) of CGST audit of accounts shall be conducted by Chartered Accountant or Cost Accountant. Similarly special audit u/s 66 (i) of CGST shall be conducted by Chartered Accountant or Cost Accountant} - Customs Act - Erstwhile Central Excise Act - Service Tax Act - Certifications under VAT (Delhi VAT Act) - Tax Return Preparer (Amendment) Scheme, 2018 Ø Role of Cost Accountant is important for the following areas also- - Computation of arm's length price under section 92- cost plus method, profit split method and transactional net margin method require calculations based on the cost accounting principles - Tax Audit under Section 44AB ·Cost Accountants are allowed to undertake financial audit of cooperative societies in certain States · All figures required to be furnished in Form CD are to be computed and data as required by the Tax Authorities and certify its correctness. · It would be more prudent if the tax audit of an entity is done by an accountant [i.e.by a cost accountant] other than the chartered accountants who has already conducted the financial audit of the same entity. Ø Recognition of 'Cost Accountant' by US Laws for doing financial audit of US-SEC Listed Companies. Ø Indian Cost Accountants' firms registered with the PCAOB are permitted to undertake statutory financial audit of all US-SEC listed companies operating anywhere in the world. Ø MOUs entered by the Institute of Cost Accountants of India Both these Institutes viz. Institute of Chartered Accountants of India and Institute of Cost Accountants of India are members of all international bodies of accountants, viz.,International Federation of Accountants (IFAC), Confederation of Asian and Pacific Accountants (CAPA), and South Asian Federation of Accountants (SAFA). Hence, internationally, both are known as 'accountant'. Hence, same treatment or recognition is to be accorded to the members of both these National level Accounting Institutes set-up by the Parliament of India. 2/17/25, 10:39 AM Yahoo Mail - Inclusion of Cost Accountants in the Definition of "Accountant" in the Income Tax Bill, 2025 about:blank 3/5 List of MOUs entered by the Institute of Cost Accountants of India - Chartered Institute Of Public Finance And Accountancy (CIPFA) - Chartered Institute for Securities and Investment (CISI), - National Institute of Accountants, Australia - Institute of Professional Accountants and Auditors of Russia (IPAR) - Omar Zawawi Establishment LLC (OMZEST) - Institution of Valuers - Competition Commission of India - Bharatiya Mahila Bank - Genpact - Development of MSMEs - Venture with ASSOCHAM - Tata Consultancy Services Ltd Ø Both CA and CMA qualifications are equally recognized by the Government of India for entry into the Indian Cost Accounts Service. Ø Both these professionally qualified accountants viz. Cost Accountant and Chartered Accountant pass through the same course curriculum, pedagogy, and practical training. Ø Syllabus of Cost Accountancy include full papers on Corporate Laws, Financial Accounting, Direct Taxation, Indirect Taxation, Auditing, and Financial Management. Ø Similarity in regulation 166 of Chartered Accountants Act & 111 of Cost & Works Accountants Act. Ø Members of both the Institutes viz. the cost accountant and chartered accountant are governed by exactly the same code of conduct and disciplinary mechanism. Ø Both the Institutes have issued Accounting and Auditing Standards that are binding on the Members in practice. Ø In Companies Act 2013, section 138 defines that Internal Auditor shall be a Chartered Accountant or Cost Accountant. Ø Globally, the term 'accountant' includes all accountants that are granted professionally qualified degrees by their respective national accounting bodies. 4. Adverse Impact of Monopoly by the Chartered Accountants Monopolistic and restrictive practices breed inefficiency, complacency and corruption. Thus, allowing monopoly of all tax audits and various certifications required under the Income Tax Act only to the Chartered Accountants is neither in the best interest of the Department nor it benefits the assesse. 2/17/25, 10:39 AM Yahoo Mail - Inclusion of Cost Accountants in the Definition of "Accountant" in the Income Tax Bill, 2025 Allowing Cost Accountants to also undertake tax audit & certification work under the Income Tax Act will surely bring in healthy competition that would benefit the tax administration system as well as the assesses, especially the MSME assesses. |
19 Feb 2025, 07:06 PM |
| Banktesh Kumar | Member | New Delhi | PETITION TO THE PARLIAMENT FOR INCLUSION OF "COST ACCOUNTANT" IN THE DEFINITION OF "ACCOUNTANT" IN THE NEW INCOME TAX BILL-2025 | 19 Feb 2025, 07:06 PM |
| Deepak Gupta | Member | Bokaro | CMA are able at par CA | 19 Feb 2025, 07:06 PM |
| Jatin Bhola | Member | New Delhi | ### **Representation for Inclusion of Cost & Management Accountants (CMAs) in the New Direct Tax Code** #### **Historical Context & Recognition of CMAs in Governance and Compliance:** Cost & Management Accountants (CMAs) have played a significant role in India’s financial, taxation, and regulatory framework. Historically, CMAs have been recognized under various legislations, including: 1. **Companies Act, 2013** – CMAs are authorized to certify cost audit reports and valuations. 2. **GST Laws** – CMAs play a key role in indirect tax compliance, audits, and advisory services. 3. **Insolvency & Bankruptcy Code (IBC), 2016** – Recognized as Insolvency Professionals. 4. **SEBI Regulations** – CMAs are involved in valuation and financial analysis for listed companies. 5. **Various Ministries & Government Departments** – CMAs contribute to policy formulation, pricing strategies, and financial management. #### **Current Role of CMAs in PSUs and Government Sectors:** CMAs are extensively engaged in public sector undertakings (PSUs), government bodies, and regulatory agencies, where they actively handle direct taxation matters, including corporate tax planning, compliance, and litigation management. Some key areas include: 1. **Taxation & Financial Management in PSUs** – CMAs hold prominent positions in leading PSUs (such as ONGC, NTPC, SAIL, GAIL, BHEL, and others), managing corporate tax strategies, transfer pricing, and taxation disputes. 2. **Role in Government Ministries** – CMAs contribute to tax policy, cost optimization, and compliance across ministries like Finance, Corporate Affairs, Commerce & Industry, and Heavy Industries. 3. **Income Tax & GST Dispute Resolution** – CMAs assist in tax assessments, representations before authorities, and litigation support. 4. **Public Finance & Cost Analysis** – CMAs provide expertise in cost efficiency and financial prudence, aiding in public sector tax compliance and budgetary controls. #### **Justification for Inclusion in the Direct Tax Code:** 1. **Specialized Expertise in Taxation & Financial Structuring** – CMAs possess deep knowledge of cost structures, financial planning, and tax implications, making them well-equipped for direct tax assessments, transfer pricing, and corporate tax compliance. 2. **Statutory Recognition in Various Laws** – Given their statutory recognition in multiple financial regulations, extending their role in direct taxation aligns with their professional domain. 3. **Enhancing Tax Compliance & Transparency** – The inclusion of CMAs would strengthen tax administration by ensuring accurate tax calculations, compliance with transfer pricing regulations, and reduction of tax disputes. 4. **Global Best Practices & Multi-Professional Approach** – Many developed economies allow cost accountants to participate in tax assessments. Expanding the role of CMAs will align India’s tax framework with international best practices. 5. **Supporting Ease of Doing Business & Taxpayer Services** – Recognizing CMAs in direct taxation will provide businesses with more qualified professionals to assist with compliance, dispute resolution, and advisory services, reducing delays and enhancing efficiency. 6. **Strengthening Government Tax Mechanisms** – CMAs are already handling direct tax matters in PSUs and government agencies, demonstrating their competency in this domain. ### **Recommendations for Policy Inclusion:** 1. **Amend the Direct Tax Code to Recognize CMAs** – Formally allow CMAs to conduct tax audits, file tax reports, and certify direct tax-related documents. 2. **Permit CMAs to Represent Clients before Tax Authorities** – Expand the scope of practice to include representation before the Income Tax Department and other tax forums. 3. **Enhance Collaboration Among Tax Professionals** – Encourage a multi-professional approach by including CMAs in direct tax matters alongside Chartered Accountants and other professionals. 4. **Leverage CMAs in PSU and Government Roles for Direct Taxation** – Given their existing involvement in taxation within public sector enterprises, CMAs should be given a formal role in tax policy execution and assessments. ### **Conclusion:** Inclusion of CMAs in direct taxation matters will strengthen India’s tax system by leveraging their expertise in financial structuring, compliance, and cost analysis. Recognizing CMAs in the new Direct Tax Code will not only enhance efficiency but also support the government's vision of a transparent, fair, and robust taxation framework. |
19 Feb 2025, 07:06 PM |
| Dayanithi C | Student | Chennai | It is unacceptable that CMAs are not included in the new Income Tax Act-2025. We demand recognition of our expertise and contributions and we expect immediate action. | 19 Feb 2025, 07:05 PM |
| Rajnesh Gupta | Student | Delhi | 19 Feb 2025, 07:05 PM | |
| Amrendra Nath Sinha | Member | Ranchi | 19 Feb 2025, 07:04 PM | |
| Jyoti Ved | Member | Nagpur, Maharashtra | 19 Feb 2025, 07:04 PM | |
| Ganesh Zingade | Member | Solapur | Support | 19 Feb 2025, 07:04 PM |
| ACMASubir Nandi | Member | Howrah | CMAS having all the capacity to contribute the nation so government should must redefine accountant definition and include cma profession. | 19 Feb 2025, 07:04 PM |
| ASUTOSH SABAT | Student | BHUBANESWAR | I am in favour of adding CMA into the definition of accountant for the Tax audit. | 19 Feb 2025, 07:04 PM |
| ASHUTOSH RAJ | Student | DHANBAD | The role of CMAs are untold but in background INDIA as also benefitted from the efforts put in by the CMA profession. Time demands for inclusion of CMAs in the defination of Accountant in the newly formed IT ACT 2025. | 19 Feb 2025, 07:04 PM |
| Abhinav Kumar | Others | Hazaribag | 19 Feb 2025, 07:04 PM | |
| S. Ranganandhini | Member | Chennai | Kindly arrange to include CMAs in the Income Tax Act. | 19 Feb 2025, 07:04 PM |
| RAJA GHOSH | Member | Kolkata | CMAs are competent in all respects to perform all the works a CA can perform. | 19 Feb 2025, 07:04 PM |
| Samadhan Bagul | Member | Nashik/ Maharashtra | Yes Support as Cost & Management Accountant | 19 Feb 2025, 07:04 PM |
| Dipen Savjibhai Jethava | Others | MUMBAI | In Direct Taxes Code Bill, 2013 allowed Tax Audit to Cost Accountants & Company Secretaries. Why not in the Income Tax Bill, 2025? |
19 Feb 2025, 07:04 PM |
| Aaysha | Student | Jamshedpur | 19 Feb 2025, 07:04 PM | |
| Sunetra | Member | Nashik / Maharashtra | 19 Feb 2025, 07:03 PM | |
| Sachin Sonawane | Member | Nashik | 19 Feb 2025, 07:03 PM | |
| Avinash kumar | Student | New Delhi | Cost and Management Accountants (CMAs) play a crucial role in the Indian economy. Their expertise in taxation, auditing, and financial reporting can be highly beneficial for both the government and industries. Including CMAs in the new Income Tax Act 2025 will strengthen the tax system by leveraging their professional knowledge and skills for better compliance and financial transparency." | 19 Feb 2025, 07:03 PM |
| Isha | Member | JAIPUR | 19 Feb 2025, 07:03 PM | |
| Mihir shah | Student | Mumbai | Please increase our scope | 19 Feb 2025, 07:02 PM |
| SHUVAM ROY | Student | West Bengal | I fully support the inclusion of Cost Accountants in the definition of "Accountant" under Section 515(3)(b) of the proposed Income Tax Bill 2025. Cost Accountants play a crucial role in ensuring accurate financial reporting, cost management, and maintaining transparency. Recognizing their expertise will strengthen the financial ecosystem and promote fair professional representation. I urge Parliament to acknowledge this rightful demand and amend the bill accordingly. |
19 Feb 2025, 07:02 PM |
| Nikunj Chaudhary | Student | Bihar | CMA must get dt audit | 19 Feb 2025, 07:02 PM |
| Natarajan | Member | Tamilnadu | 19 Feb 2025, 07:02 PM | |
| Krishna Nand Chaubey | Member | Delhi | To make india developed nation and with the sabka sath sab ka vishwas it is very much important in the nation interest that we Cost Accountants must be included in the new tax bill 2025 under the accountant definition. | 19 Feb 2025, 07:02 PM |
| Sudha singh | Others | Muzaffarpur Bihar | I am in support of CMA institute | 19 Feb 2025, 07:02 PM |
| CMA Ganesh Gaikwad | Others | Pune | 19 Feb 2025, 07:02 PM | |
| Shivangi Sinha | Student | Ranchi | I firmly believe that everyone should have equal opportunities. If the syllabus is the same, it’s only fair that everyone gets an equal chance to succeed. Furthermore, if professionals from other fields, such as GST and Cost Audit, are allowed to enter our domain, there’s no justification for restricting others from doing the same. |
19 Feb 2025, 07:02 PM |
| Deepshikha Kumari | Student | Jharkhand | I strongly believe in equal opportunities for everyone. If the syllabus is uniform, then fairness demands that all individuals have the same chances. Moreover, if experts from fields like GST and Cost Audit can step into our domain, there is no justification for limiting others. | 19 Feb 2025, 07:01 PM |
| Anil Rajpit | Kanpur UP | Cost accountant must be included to Defination to accountant in income tax act | 19 Feb 2025, 07:01 PM | |
| CMA Suresh Kumar Varma Gadhiraju | Member | HYDERABAD | CMAs add value to income tax eco system by providing their services to the public in a way mutually beneficial to the Govt & assessee/Tax Payers within the due timelines. | 19 Feb 2025, 07:01 PM |
| Shreyal | Student | Muzaffarpur Bihar | I am in support of inclusion of cost accountant in the definition of accountant | 19 Feb 2025, 07:01 PM |
| Nikhil Maheshwari | Student | Kota | Cost and Management Accountants (CMA) is the well known Reputated professional body under the parliament act. The CMA's are play a crucial role in companies growth and structure for Achieving their profit with Less cost in effective and efficient manner. And they well known about the company's financial criteria as well as their Tax criteria for which the company's achieving theri growth. So it is request to Government of India to Adding CMA's in the defination of accounts and give them a Tax Audit right for which they purely deserved it. Thankyou |
19 Feb 2025, 07:01 PM |
| CMA Aditya Bhojgaria | Member | Kolkata | We want inclusion of Cost Accountant under definition of Accountant in New Income Tax Bill 2025 | 19 Feb 2025, 07:01 PM |
| B. Finn Doron Vijay | Student | Sivakasi | 19 Feb 2025, 07:01 PM | |
| CMA ASHVINKUMAR AMBALIYA | Member | surat gujarat | Modification of the term “Accountant” as appearing in the Explanation below sub-section (3b) of section 515 of the Income Tax Bill, 2025 to include the “Cost Accountants”. we are at par of chartered Accountant becuase he do not know about how to conduct cost audit, but CMAs are very well known about cost audit as well as tax audit, gst audit , asseesment and finacial management in depth . |
19 Feb 2025, 07:00 PM |
| Prem Magharam Soni | Member | Chandrapur | 19 Feb 2025, 07:00 PM | |
| Ashutosh kumar | Others | Muzaffarpur / Bihar | I am in support of inclusion of cost accountant in the definition of accountant | 19 Feb 2025, 07:00 PM |
| Sahil Ahuja | Member | LUDHIANA | 19 Feb 2025, 07:00 PM | |
| Rabindra Nath Boral | Member | Kolkata | 19 Feb 2025, 06:59 PM | |
| Zeya khan | Student | Delhi | Inclusion of cma as Tax auditors is needed of country | 19 Feb 2025, 06:59 PM |
| Ankit Singh | Student | V-62, hans gali no.1, ghonda, Delhi-110053, near Goyal ki chakki | Cost Accountants should be added in the definition of Accountant under income tax bill 2025, since CA and CMA are at par in CGST Act, which was applicable from 2017 onwards. Now, new Income tax bill is about to passed, and hence both professionals must be treated equally. | 19 Feb 2025, 06:59 PM |
| Md Lal Danish | Student | SAHEBGANJ | 19 Feb 2025, 06:59 PM | |
| Anil Rajpit | Kanpur UP | Cost accountant must be included to Defination to accountant in income tax act | 19 Feb 2025, 06:59 PM | |
| Sampath Kumar Saravanan | Member | Vellore Tamilnadu | CMA to do tax audit and include as an Accountant under IT Act | 19 Feb 2025, 06:59 PM |
| SANTHOSH J | Student | Chennai | "The exclusion of CMAs from the new Income Tax Act-2025 would be a glaring oversight. Our profession plays a vital role in ensuring financial transparency and accountability. Inclusion is not just a request, but a necessity." | 19 Feb 2025, 06:59 PM |
| JATINDRANATH SAHU | Member | New delhi | CMA must be included in the definition of Accountant for doing Tax Audit. | 19 Feb 2025, 06:58 PM |
| Sagar Patel | Student | Kolkata | Including cost accountants under the definition of "accountant" in the Income Tax Bill is essential for ensuring comprehensive financial oversight and compliance. Cost accountants specialize in cost analysis, budgeting, and financial planning, which are crucial for accurate tax assessments and compliance with tax laws. Their expertise enhances transparency, helps prevent tax evasion, and ensures businesses maintain proper financial records. Recognizing cost accountants under tax legislation will align with global best practices, strengthen the financial reporting framework, and support more effective tax administration. |
19 Feb 2025, 06:58 PM |
| TWINKLE Sharma | Student | Above Jai Lokenath Grocery Store, Kolkata | 19 Feb 2025, 06:58 PM | |
| Gowri Shankar | Student | Chennai, Tamilnadu | 19 Feb 2025, 06:58 PM | |
| KANDULA SAI GANGADHAR | Student | Visakhapatnam | 19 Feb 2025, 06:58 PM | |
| Sri Lakshmi | Student | Banglore | As a student having respect to both the professional courses such as CA and CMA, i feel Accountant definition must be defined using both the courses which the name of the courses itself suggests | 19 Feb 2025, 06:57 PM |
| Md Ismail | Student | Bolpur, West Bengal | Me as a CMA Final Year student requesting to our Government that includes our CMA's under the definition of "Accountant" as per Income Tax Act- 2025. Government officials can refer our syllabus and examination pattern that is equivalent to CA syllabus and examination also. | 19 Feb 2025, 06:57 PM |
| CMA BIJAY KUMAR | Member | Jamshedpur/ Jharkhnad | Inclusion of CMA in the Definition of New Income Tax Bill is much needed. because of prevention of Fraud cause growth and transparency and tax evasion of ease of doing business in India. Roll of CMA in Tax Audit provides Fair and clear view of entity. | 19 Feb 2025, 06:57 PM |
| Sujit Kumar Pradhan | Member | Kolkata | 19 Feb 2025, 06:57 PM | |
| Krishna Nand Chaubey | Member | Delhi | It is very important to include | 19 Feb 2025, 06:57 PM |
| P ABINASH PRUSTY | Student | Odisha | 19 Feb 2025, 06:56 PM | |
| Rahul Shinde | Member | Nashik | CMA's should be included under New Income Tax Act as ‘ Accountant. | 19 Feb 2025, 06:56 PM |
| Manasmita Dalei | Member | New Delhi | CMA shall be included in the definitions as accountant eligible for Tax Audit in the provision of DTC 2025 Because We are live in 2025 ,I believe. Our professional expertise will help in legitimate compliance under tax audit , |
19 Feb 2025, 06:56 PM |
| Parveen | Panchkula | 19 Feb 2025, 06:56 PM | ||
| CMA OM PRAKASH PANDEY | Member | Delhi | 19 Feb 2025, 06:56 PM | |
| Shiva | Member | Muzaffarpur | 19 Feb 2025, 06:55 PM | |
| Somnath Das | Student | West Bengal | CMA Course Structure included indepth in direct taxation as per Ca course since both are capable to do so . | 19 Feb 2025, 06:55 PM |