Name | Category | City | Message | Date |
---|---|---|---|---|
Rahul Kumar | Student | Patna,Bihar | 19 Feb 2025, 05:23 PM | |
Shivam Gupta | Student | kanpur | CMA must be added in Definition of accountant | 19 Feb 2025, 05:22 PM |
CMA shyamaghan Giri | Member | Kendujhar Odisha | CMAs Should be included in definition of Accountant for Tax audit in new income tax Act | 19 Feb 2025, 05:21 PM |
Sanyam Jain | Student | Chhattisgarh | Just cleared CMA !! Being a future member and parctitioner as well we want our future bright | 19 Feb 2025, 05:21 PM |
Chirag Vijay | Member | Jaipur | 19 Feb 2025, 05:21 PM | |
Surbhi | Member | Delhi | 19 Feb 2025, 05:21 PM | |
Kiran Thomas Ellis | Member | Chennai, Tamilnadu | I fully support the petition. | 19 Feb 2025, 05:20 PM |
M M HARIHARAN | Palakkad,Kerala,India | Iam qualified CMA with 2 years of industrial experience. I strongly support the institute on this matter of inclusion of cost accountant in the accountant definition under income tax act 2025. | 19 Feb 2025, 05:20 PM | |
Tushar nagdev | Student | Bundi | Cost accountant should be included in the definition of accountant for the purpose of conducting the tax audit. | 19 Feb 2025, 05:20 PM |
Kush Jayal Singh Pradhan | Member | BHUBANESWAR | CMA are competent to any assignment as compared other similar professional. | 19 Feb 2025, 05:20 PM |
Mayank Jain | Student | Bahadurgarh | 19 Feb 2025, 05:20 PM | |
Jia IL Hoque | Member | DELHI | 19 Feb 2025, 05:20 PM | |
Praveen Kumar | Student | KOLKATA | 19 Feb 2025, 05:20 PM | |
M Seenuvasan | Member | chennai | Cost Accountants and Chartered Accountants both are the same. I request you to kindly include the cost accountant under the accountant definition of the new income tax bill 2025. |
19 Feb 2025, 05:19 PM |
Harshit Kumar | Student | Ghaziabad Uttar Pradesh | 19 Feb 2025, 05:19 PM | |
B suraj patro | Mumbai | 19 Feb 2025, 05:19 PM | ||
Gaurav Pandey | Student | DELHI | 19 Feb 2025, 05:19 PM | |
Bidyadhar Swain | Student | Odisha | Plz inclue CMA in tax audit | 19 Feb 2025, 05:19 PM |
Anjali Singh | Student | Rajgangpur | CMA should also get opportunity to have tax audit | 19 Feb 2025, 05:19 PM |
Jitendra | Member | Indore | 19 Feb 2025, 05:18 PM | |
Jinendra Bhansali | Kolkata/West Bengal | 19 Feb 2025, 05:18 PM | ||
Niraj Choudhury | CHANCHAL | 19 Feb 2025, 05:18 PM | ||
S.selvarangan | Member | Tamilnadu | 19 Feb 2025, 05:18 PM | |
VARALA SAI KUMAR ACMA | Member | Karimnagar | Definitely cost accountants has right to do tax audit, we are also have knowledge more than CAs. Definitely I am ready for every step which is taken my icmai for including CMA in direct tax code | 19 Feb 2025, 05:17 PM |
Ravindra | Student | Delhi | CMA be included in the definition of Accountant of Income Tax Act ( Draft Bill) 2025, because CMA is having vast knowledge in Taxation and Financial Management . | 19 Feb 2025, 05:17 PM |
VIJAYKUMAR SOLANKI | Member | Thane | Include CMAs in Accountants Definition | 19 Feb 2025, 05:17 PM |
Mriganka Paul | Student | Siliguri | Yes want to be include in the definition of Accountant | 19 Feb 2025, 05:17 PM |
Amit Jain | Member | Bhopal | To Make Bharat Great Again, it's constituents' inside strength is must ! The Cost accounting is back bone for inner strengths! Hence, Promoting Cost Accounting by including Cost Accountants in Accountant definition is must for the GoI!!! |
19 Feb 2025, 05:17 PM |
Varsha Vardhini | Member | Gummudipoondi | Include Cost accountant in accountant definition | 19 Feb 2025, 05:17 PM |
CMA Jitendra Deshmukh | Member | Maharashtra | CMA must be included in accountant definition of new Income Tax Act2025. | 19 Feb 2025, 05:16 PM |
Pravin Shashikant Bagade | Member | Maharashtra | 19 Feb 2025, 05:16 PM | |
Dipshi Chauhan | Student | Noida | I am in favour for inclusion of cost accountant in defination of accountant | 19 Feb 2025, 05:16 PM |
Mriganka Paul | Student | Siliguri | Yes we want to be include in Accountant defination | 19 Feb 2025, 05:16 PM |
Mohit soni | Student | Ghaziabad | Cma should be include income tax 2025 | 19 Feb 2025, 05:16 PM |
kunal mishra | Student | Delhi | 19 Feb 2025, 05:16 PM | |
Mokshada Dnyandeo Dere | Student | Baramati | CMA should get included in the defination of accountant | 19 Feb 2025, 05:15 PM |
K SELVARAJ | Member | Chennai | 19 Feb 2025, 05:15 PM | |
Janam | Student | Gurgaon | We all study taxation deeply...we must be included in the definition of Accountant... it's our right...We just need opportunity to prove ourselves... we'll give results in flying colours... thanks | 19 Feb 2025, 05:15 PM |
Nitin Saini | Student | Narnaund | CMA should be included as an accountant. | 19 Feb 2025, 05:15 PM |
Kundan Kumar Jha | Bhubaneswar | 19 Feb 2025, 05:15 PM | ||
Aditya Jain | Student | Mumbai | CMAs should be included in definition of Accountant in New Income Tax Bill, 2025, as we study and practice the same level of proficiency as Chartered Accountant or any other Taxation & Finance related profession | 19 Feb 2025, 05:14 PM |
Abhishek Kumar | Others | BIHAR | I support | 19 Feb 2025, 05:14 PM |
Ashwani Gupta | Jaunpur | CMA IS A GOLDEN HIDDEN MINE AND I ALSO STUDIED ALL THE PROVISION OF INCOME TAX THEN WHY WE ARE NOT ELIGIBLE TO CONDUCT THE TAX AUDIT | 19 Feb 2025, 05:13 PM | |
Nitin Aggarwal | Member | Delhi | Cost Accountant must include in the definition of Accountant in the Income Tax Bill 2025. | 19 Feb 2025, 05:13 PM |
Shikha pasrija | Member | New delhi | Cost accountants are indispensable for Indian economy and have the expertise to conduct tax audit like other professional body | 19 Feb 2025, 05:13 PM |
CMA A PARVATHA VARTHINI | Member | gummidipoondi | We need accountant definition. Since we are all doing most of the valuable service to society as well as government definitely cost accountant should include in the definition of accountant. Honourable finance minister some how missed it. Kindly consider | 19 Feb 2025, 05:13 PM |
Gaurav | Student | New delhi | 04172021069 | 19 Feb 2025, 05:13 PM |
Akshay Mishra | Student | New Delhi | 19 Feb 2025, 05:12 PM | |
Padmapriya | Member | Pondicherry | As CMA also possess expertise knowledge in direct taxation, we CMAs also should be included in the "Accountant" definition in the new Income Tax Bill 2025. keeping the Tax audit only for one professional would affect the healthiness of the report which would in turn affect the economy greatly. | 19 Feb 2025, 05:12 PM |
CMA Md Masihuzzaman | Member | Kolkata | I request for Inclusion of Cost Accountants in Difination of Accontant undet new IT Bill 2025. It would increase the scope of Cost Accountants.This is long time pending case. | 19 Feb 2025, 05:12 PM |
Ritu Tripathy | Student | Bengaluru | CMA should be included as an accountant | 19 Feb 2025, 05:11 PM |
R Gangadhar | Member | Bangalore | 19 Feb 2025, 05:11 PM | |
POOSARLA GANESH RAO | Member | NABARANGPUR | 19 Feb 2025, 05:10 PM | |
CMA Kavita dubey | Member | Dhanbad | CMA must inlclude in account definition | 19 Feb 2025, 05:09 PM |
RAJKUMAR ANKAM | Student | Solapur | 19 Feb 2025, 05:08 PM | |
CMA Bholanath Chatterjee | Member | Naihati West Bengal | Want to ammend Sec.515(3b) to include CMA in Accountant definition as bcoz CMA has covered everything nothing less than CA rather more | 19 Feb 2025, 05:08 PM |
Alagar G | Member | Chennai/Tamil Nadu | Inclusion of CMA in New Income Tax Act-2025 | 19 Feb 2025, 05:08 PM |
NITIN VASHIST | Student | Delhi | Please take a Step Towards inclusion of "Cost Accountant" within the Definition of "Accountant" under IT Bill 2025 We request & urgent for inclusion of Cost Accountant in the the definition of Accountant under section 515(3)(b) under the proposed income tax bill 2025. |
19 Feb 2025, 05:08 PM |
Rohit Joshi | Others | Kolkata | CMA Passed | 19 Feb 2025, 05:07 PM |
Navin Shrinivas Gavani | Student | Pune | The tax audit should have been given to cost accountant | 19 Feb 2025, 05:07 PM |
Praveen Pillai | Others | Chennai, Tamil Nadu | 19 Feb 2025, 05:06 PM | |
Sohail Alam (CMA FINALIST) | Student | Kolkata | As per Indian Cost Accounting services (ICOAS) accountant means cost accountant and chartered accountant. Hence cost accountant should must be included in accountant definition under Income tax bill 2025. | 19 Feb 2025, 05:05 PM |
Rishabh Kothari | Member | Pune | We very well deserve recognition under definition of Accountant in Income Tax Bill 2025. | 19 Feb 2025, 05:04 PM |
Saurav kumar | Others | Gaya | Plss include cost accountant in accountant definition | 19 Feb 2025, 05:03 PM |
Vipul Mundhra | Member | Surat | Cost Accountants (CMAs) should be recognized as accountants under the new Income Tax Bill due to their expertise in financial management, taxation, and accounting. Our qualifications enable us to handle complex tax matters, financial reporting, and auditing, ensuring better services and promoting competition. CMAs play a critical role in areas like inventory valuation, GST audits, internal audits, and banking audits, helping ensure tax compliance and financial integrity. Their inclusion in the Income Tax Act 2025 would provide an additional layer of oversight, preventing fraud and tax evasion, and ensuring a more accurate financial system. This recognition supports India’s vision of becoming a "Viksit Bharat" (Developed India) by 2047. As CMAs are already recognized in GST audits, our inclusion in Income Tax audits will foster transparency, accuracy, and global trust in India’s tax system, encouraging tax compliance and contributing to the country’s economic growth. | 19 Feb 2025, 05:03 PM |
Jayant kumar koushal | Member | Bhilai Chhattisgarh | Respected Sir, With due respect to all of you, we request your good self to take immediate and strongest action towards the implementation of the above mentioned subject. Needless to mention that you are the Representative face of the whole INDIAN CMA family, we all have enormous faith in you for taking appropriate steps towards bringing recognition to the CMA profession. Our sister professional institute is leaving no stone unturned for presenting themselves to govt representatives and continuously meeting with proper personalities, whereas, we are just sitting without taking single steps !! It's high time to come forward and take appropriate action. I apologise for any word, if any, mentioned above that hurts your prestige. |
19 Feb 2025, 05:01 PM |
Pranav S Krishnan | Student | Kollam | Kindly request the inclusion of CMA in definition of Accountants as per Income Tax Law and allow Tax audit. | 19 Feb 2025, 05:00 PM |
Surabhi Tiwari | Member | Haridwar, Uttarakhand | CMA's should be given opportunities to included in accountant definition in income Tax to make more transparent system. | 19 Feb 2025, 05:00 PM |
Shahid khan | Faridabad | Please consider request for inclusion of CMA in the defination of accountant | 19 Feb 2025, 04:58 PM | |
Mohammed Faisal | Others | 19 Feb 2025, 04:58 PM | ||
CMA Partha Mukherjee | Member | KONNAGAR, HOOGHLY | Inclusion of CMA within the definition of Accountant under new IT Act is not our request, not even our claim but it's our RIGHT since we are more capable than a CA | 19 Feb 2025, 04:58 PM |
Tabassum Bano | Student | PATNA | Internationally, CMAs are recognized as experts in financial management and taxation. Inclusion in the New Income Tax Act-2025 would align India with global best practices. Thanks |
19 Feb 2025, 04:57 PM |
Gokulakrishnan K | Student | chidambaram | Please include the cost accountants in the definition of accountant in the proposed Direct Tax code It would increase the scope of the Cost accountants | 19 Feb 2025, 04:57 PM |
Cma laxmipriya sabat | Jajpur | 19 Feb 2025, 04:56 PM | ||
Hareesh K Shetry | Member | Nasik | Only a cost accountant knows true cost of product and true revenue of a product. Since Cost accountant knows practically better option for revenue audit than any other professional body Thanks and regards Hareesh K Shetty |
19 Feb 2025, 04:56 PM |
Sankaralingam | Member | Chennai | ALL INDIA COST & MANAGEMENT ACCOUNTANTS ASSOCIATION Petition for Inclusion of CMA in New Income Tax Act-2025 Our Cause PETITION TO THE PARLIAMENT FOR INCLUSION OF "COST ACCOUNTANT" IN THE DEFINITION OF "ACCOUNTANT" IN THE NEW INCOME TAX BILL-2025 Submit Your Support For Petition for Inclusion of CMA in New Income Tax Act-2025 Sankaralingam sankaralingam.cma@gmail.com 9965775991 Chennai Define yourself Please write your comment. 28 Upvotes & counting... View Comments Name Category City/State Comment Date Nayan jha Student Kolkata Cost Accountants should be considered as accountants under the new Income Tax Bill as they possess specialized knowledge and expertise in financial management, taxation, and accounting. With their comprehensive training and qualification, Cost Accountants are equipped to handle complex tax matters, financial reporting, and auditing. Recognizing Cost Accountants as accountants under the new Income Tax Bill would not only be a logical step but also ensure that taxpayers have access to a broader pool of qualified professionals, promoting competition, and better services. 19-02-2025 P Y S V S VARMA Member BHIMAVARAM Cost Accountants (CMAs) should be recognized as accountants under the new Income Tax Bill due to their expertise in financial management, taxation, and accounting. Their qualifications enable them to handle complex tax matters, financial reporting, and auditing, ensuring better services and promoting competition. CMAs play a critical role in areas like inventory valuation, GST audits, internal audits, and banking audits, helping ensure tax compliance and financial integrity. Their inclusion in the Income Tax Act 2025 would provide an additional layer of oversight, preventing fraud and tax evasion, and ensuring a more accurate financial system. This recognition supports India’s vision of becoming a "Viksit Bharat" (Developed India) by 2047. As CMAs are already recognized in GST audits, their inclusion in Income Tax audits will foster transparency, accuracy, and global trust in India’s tax system, encouraging tax compliance and contributing to the country’s economic growth. 19-02-2025 Jay Kishan Agarwal Member Bangalore Cost Accountants should be considered as accountants under the new Income Tax Bill as they possess specialized knowledge and expertise in financial management, taxation, and accounting. With their comprehensive training and qualification, Cost Accountants are equipped to handle complex tax matters, financial reporting, and auditing. Recognizing Cost Accountants as accountants under the new Income Tax Bill would ensure that taxpayers have access to a broader pool of qualified professionals, promoting competition, and better services. The involvement of Cost Accountants in specialized areas like inventory valuation, GST audits, internal audits, and banking sector stock audits highlights their crucial role in ensuring tax compliance and financial integrity. The inclusion of CMAs in the Income Tax Act, 2025 is not just about recognizing their technical expertise but also about providing an additional layer of financial oversight that helps prevent fraud, misreporting, and tax evasion, which have historically been associated with audits performed by Chartered Accountants. Their specialized role ensures a more accurate and fair financial system. |
19 Feb 2025, 04:55 PM |
Poornima Ramakrishnan | Member | Chennai | Provide level playing field to all professionals | 19 Feb 2025, 04:55 PM |
Avneesh Malik | Member | Muzaffarnagar | Increasing the scope of accountants in India for tax audits and company audits is necessary for several reasons: 1. Growing Economy and Compliance Needs India’s economy is expanding, leading to an increase in businesses, startups, and multinational corporations. More businesses mean higher demand for audits to ensure compliance with tax laws, the Companies Act, and financial regulations. 2. Changing Tax Landscape The introduction of GST, evolving Income Tax rules, and frequent amendments require skilled accountants to interpret and implement tax policies effectively. More professionals are needed to assist businesses in navigating tax assessments, appeals, and litigation. 3. Reducing Burden on Chartered Accountants (CAs) Currently, tax audits and company audits are primarily conducted by CAs, leading to workload concentration. Expanding the role of other qualified accountants (Cost Accountants, Management Accountants, etc.) can distribute the workload efficiently. 4. Enhancing Transparency and Financial Discipline More auditors mean better financial oversight, reducing fraud, tax evasion, and misreporting. This strengthens corporate governance and investor confidence. 5. Encouraging Ease of Doing Business Faster and more accessible audits can help businesses comply smoothly with regulations. This can attract more foreign investments and boost business growth. 6. Technology and Digitalization With the rise of AI, blockchain, and digital audits, accountants must expand their roles to include forensic accounting, cybersecurity audits, and data analytics. A wider scope ensures that businesses stay ahead in financial technology adoption. 7. Globalization and Cross-Border Compliance Many Indian companies now operate globally and must comply with international accounting and tax standards. A broader pool of accountants can assist with IFRS, GAAP, and other global reporting requirements. By increasing the scope of accountants in tax and company audits, India can ensure better compliance, reduce fraud, and support business growth in a rapidly evolving financial landscape. |
19 Feb 2025, 04:55 PM |
Danish Goush | Member | Asansol | 19 Feb 2025, 04:55 PM | |
Bursu Baji Babu | Member | Chennai | CMA's nedd to be in included in the definition of Accountant as per IT act. | 19 Feb 2025, 04:53 PM |
Nishchal Bhardwaj | Member | Haridwar,Uttarakhand | Ca's have exclusive rights of statutory audit like cost audit we have but very limited scope so there should be inclusion of CMA in income tax like there was inclusion of CA's in GST or else there should be exclusion of CA's from GST n indirect taxation. | 19 Feb 2025, 04:53 PM |
Vijayakumar Rajangam | Member | Kindly request to inclusion of CMA to conduct tax audit and also include definition of Accountant | 19 Feb 2025, 04:53 PM | |
Santosh Kumar Rath | Member | Mumbai | CMAs must be added in the definition of Accountants under new income tax law. | 19 Feb 2025, 04:53 PM |
FCMA SUHAS GAJANAN RAHALKAR | Member | Nashik | We request & urgent for inclusion of Cost Accountant in the the definition of Accountant under section 515(3)(b) under the proposed income tax bill 2025. | 19 Feb 2025, 04:53 PM |
Narayan Jee | Member | PATNA | 19 Feb 2025, 04:53 PM | |
Nayan jha | Student | Kolkata | Cost Accountants should be considered as accountants under the new Income Tax Bill as they possess specialized knowledge and expertise in financial management, taxation, and accounting. With their comprehensive training and qualification, Cost Accountants are equipped to handle complex tax matters, financial reporting, and auditing. Recognizing Cost Accountants as accountants under the new Income Tax Bill would not only be a logical step but also ensure that taxpayers have access to a broader pool of qualified professionals, promoting competition, and better services. | 19 Feb 2025, 04:52 PM |
P Y S V S VARMA | Member | BHIMAVARAM | Cost Accountants (CMAs) should be recognized as accountants under the new Income Tax Bill due to their expertise in financial management, taxation, and accounting. Their qualifications enable them to handle complex tax matters, financial reporting, and auditing, ensuring better services and promoting competition. CMAs play a critical role in areas like inventory valuation, GST audits, internal audits, and banking audits, helping ensure tax compliance and financial integrity. Their inclusion in the Income Tax Act 2025 would provide an additional layer of oversight, preventing fraud and tax evasion, and ensuring a more accurate financial system. This recognition supports India’s vision of becoming a "Viksit Bharat" (Developed India) by 2047. As CMAs are already recognized in GST audits, their inclusion in Income Tax audits will foster transparency, accuracy, and global trust in India’s tax system, encouraging tax compliance and contributing to the country’s economic growth. | 19 Feb 2025, 04:52 PM |
Jay Kishan Agarwal | Member | Bangalore | Cost Accountants should be considered as accountants under the new Income Tax Bill as they possess specialized knowledge and expertise in financial management, taxation, and accounting. With their comprehensive training and qualification, Cost Accountants are equipped to handle complex tax matters, financial reporting, and auditing. Recognizing Cost Accountants as accountants under the new Income Tax Bill would ensure that taxpayers have access to a broader pool of qualified professionals, promoting competition, and better services. The involvement of Cost Accountants in specialized areas like inventory valuation, GST audits, internal audits, and banking sector stock audits highlights their crucial role in ensuring tax compliance and financial integrity. The inclusion of CMAs in the Income Tax Act, 2025 is not just about recognizing their technical expertise but also about providing an additional layer of financial oversight that helps prevent fraud, misreporting, and tax evasion, which have historically been associated with audits performed by Chartered Accountants. Their specialized role ensures a more accurate and fair financial system. |
19 Feb 2025, 04:51 PM |
Anupam Mitra | Member | Howrah | 19 Feb 2025, 04:51 PM | |
Gaurav Kumar | Member | New Delhi | 19 Feb 2025, 04:51 PM | |
Mano Sundar | Member | Tamilnadu | Need to include CMA in definition on Accountant in new income tax bill 2025 | 19 Feb 2025, 04:50 PM |
Venkataramani R | Member | CHENNAI | Dear Sir, Please include Cost Accountants in the definition of accountant as per the new Income tax code. Greatest injustice will be done by omitting the "Cost Accountants" from the definition of the term "Accountant". Also in a free market, competition is always encouraged and monopoly has to be discouraged. Hope the Government will abolish monopoly and do justice to the entire people of India. Best regards, CMA R Venkataramani | 19 Feb 2025, 04:49 PM |
S Lakshmi | Member | Chennai/ Tamilnadu | 19 Feb 2025, 04:49 PM | |
Dhrumin Prabhulal Thacker | Member | Gujarat | 19 Feb 2025, 04:49 PM | |
DURGA PRASAD | Member | Delhi | The involvement of Cost Accountants in specialized areas like inventory valuation, GST audits, internal audits, and banking sector stock audits highlights their crucial role in ensuring tax compliance and financial integrity. The inclusion of CMAs in the Income Tax Act, 2025 is not just about recognizing their technical expertise but also about providing an additional layer of financial oversight that helps prevent fraud, misreporting, and tax evasion, which have historically been associated with audits performed by Chartered Accountants. Their specialized role ensures a more accurate and fair financial system. | 19 Feb 2025, 04:48 PM |
KARUNESH KUMAR | Member | Patna | 19 Feb 2025, 04:48 PM | |
ASKAR ALI PC | Member | Malappuram | request to include CMAs in accountant definition. | 19 Feb 2025, 04:47 PM |
Cma waheed quadir | Member | Jammu and Kashmir | Ca & cma at par | 19 Feb 2025, 04:47 PM |
ROUSHANUR KABIR AHMED | Member | assam | i want justice . | 19 Feb 2025, 04:47 PM |
U. Bishnu Kumar Patro | Member | Berhampur/odisha | 19 Feb 2025, 04:46 PM |