| Name | Category | City | Message | Date |
|---|---|---|---|---|
| Piyush Rathi | Student | West Bengal | For petition for inclusion of cmain new tax act 2025 | 22 Feb 2025, 08:23 PM |
| Manjunath MN | Member | Mysore | CMA course and training curriculum equips the members to understand the taxation ecosystem, it's nuances and intricacies. Mandatory continuous learning programs also kept the members abreast with new developments in ecosystem. Inclusion of CMAs enhances competition and balance in the system. |
22 Feb 2025, 08:23 PM |
| Tanmay Naik | Others | Hyderabad | I am Qualified CMA, I want to provide my unconditional support for the cause. | 22 Feb 2025, 08:21 PM |
| Akanksha Sinha | Student | Nawada (bihar) | Please it's a request to allow CS CMA to perform tax audit | 22 Feb 2025, 08:20 PM |
| Nitin | Student | Ghaziabad | Cma is also included in the definition of accountant in income tax ACT | 22 Feb 2025, 08:19 PM |
| Prabhash Ranjan Sahu | Member | berhampur | The CMAs are qually competent for Tax audit. | 22 Feb 2025, 08:19 PM |
| SAUMYARANJAN SWAIN | Student | Cuttack | Yes I support the cause | 22 Feb 2025, 08:18 PM |
| Himanshu Chaudhary | Student | Maharashtra | Dear Sir/ madam, Kindly include CMA &CS as well in the definition of Accountant and which will increase the competition among the Professional |
22 Feb 2025, 08:17 PM |
| Shubham Kr Choudhary | Student | Kolkata | Including CMAs in the definition of "Accountant" under the Income Tax Act, 1961 would enhance the efficiency and effectiveness of tax compliance. Given their expertise in cost management, taxation, and financial analysis, CMAs can contribute significantly to tax audits, assessments, and representations. Recognizing them alongside CAs would create a more diverse, competitive, and resourceful pool of professionals, ultimately benefiting both taxpayers and the tax administration. | 22 Feb 2025, 08:16 PM |
| Ujwal Rajesh Ghogare | Student | Maharashtra | CMA professional is highly qualified and efficient to conduct tax audit | 22 Feb 2025, 08:16 PM |
| Deepak Maharana | Member | Bhubaneswar | 22 Feb 2025, 08:15 PM | |
| Bavana | Student | Pondicherry | As a student,Cma should be included in the definition of accounts! | 22 Feb 2025, 08:14 PM |
| Sugyani Rath | Angul | Cost Accountants must be included in the definition of Accountants as per the Income Tax Act, as previously included. | 22 Feb 2025, 08:11 PM | |
| Shaba noor | Student | west bengal | 22 Feb 2025, 08:10 PM | |
| B L Mundra | Member | Faridabad | 22 Feb 2025, 08:09 PM | |
| K.c.suresh | Member | Chennai | 22 Feb 2025, 08:08 PM | |
| K S RAJESH | Member | Telangana | I support to the petition to include CMA name as Accountant in the New Income Tax Bill 2025 | 22 Feb 2025, 08:08 PM |
| AMARJYOTI MAHAPATRA | Member | Hyderabad | Allow to CMA'S | 22 Feb 2025, 08:07 PM |
| Priyanshi Jain | Student | Imphal, Manipur | This is for a good cause 1. to bring inclusivity in Income Tax Act just like many other acts as GST Act. 2. to meet the skyrocketing demand of tax professionals in India. 3. to raise standards and responsibilities of the role by not providing exclusive power to any one profession. This is important as professionals of ICMAI has in-depth knowledge of Direct Tax in current market. The upcoming professionals (i.e. students) build their knowledge of the Act through ICMAI Syllabus (Paper 7A: Direct Taxation & Paper 15: Direct Tax Laws & International Taxation). |
22 Feb 2025, 08:06 PM |
| CMA MURTAZA JAMAL HOSSAIN | Gautam Buddha Nagar | CMA are more professional and highly competitive to be included as Accountant in New Income Tax Act-2025. CMA ARE MORE THAN AN ACCOUNTANT, IT IS MANAGEMENT ACCOUNTANT WHO UNDERSTAND EVERY BITS OF ACCOUNTANCY. | 22 Feb 2025, 08:05 PM | |
| Hemant kumar | Others | Delhi | Include CMA in tax audit | 22 Feb 2025, 08:05 PM |
| Raina | Student | Delhi | Yes I support this | 22 Feb 2025, 08:04 PM |
| Manish Kumar sahu | Dhnabad | Member of ICWA. | 22 Feb 2025, 08:04 PM | |
| Sandeep Kapoor | Member | Faridabad | Inclusion is Necessity for Growth | 22 Feb 2025, 08:01 PM |
| Santosh Tamballe | Student | Hyderabad/Telangana | CMA's also equivalent to CA's in terms of Exam preparation and examination | 22 Feb 2025, 08:01 PM |
| Astha singh | Student | Lucknow | 22 Feb 2025, 08:00 PM | |
| Surak Rajak | Student | Kolkata | 22 Feb 2025, 07:59 PM | |
| Roushan Jaiswal | Student | Kolkata | Include CMA In defination of Accountant. CA and CMAs have equal tax knowledge | 22 Feb 2025, 07:59 PM |
| Prachi Baranwal | Student | Ranchi / Jharkhand | CMA professional is highly qualified and efficient to conduct tax audit | 22 Feb 2025, 07:59 PM |
| Gaurav Joshi | Member | Maharashtra | 22 Feb 2025, 07:57 PM | |
| Khushbu | Student | Dhanbad | Give us right to tax audit...! #cmacs | 22 Feb 2025, 07:57 PM |
| Priyanshu chauhan | Student | Haryana | 22 Feb 2025, 07:56 PM | |
| Selvavinayagam | Student | Pondicherry | We want Cost accountant also should be added |
22 Feb 2025, 07:55 PM |
| Avinash Kumar | New Delhi | Subject: Comprehensive Review of Income Tax: Inclusion of Cost Accountants (CMA) in Definition of "Accountant" for Tax Auditing To, The Commissioner of Income Tax, Respected Sir/Madam, I hope this message finds you well. I would like to submit a suggestion for a comprehensive review of the Income Tax framework, specifically proposing the inclusion of Cost Accountants (CMA) in the definition of “Accountant” under Section 288 of the Income Tax Act, 1961, for tax audit and related purposes. Rationale for Inclusion of CMAs: 1. Professional Expertise and Versatility: CMAs possess specialized knowledge in cost management, taxation, and financial analysis. They are already recognized for performing various audit functions under different statutes, such as: GST Auditor (under Section 35(5) of the CGST Act, 2017): CMAs are authorized to conduct audits for GST, ensuring compliance with GST laws and accurate filing. Concurrent Auditor: CMAs are recognized to perform concurrent audits in banks and financial institutions as per Reserve Bank of India (RBI) guidelines, ensuring real-time audit and compliance monitoring. Cost Auditor (under Section 148 of the Companies Act, 2013): CMAs are mandated to perform cost audits in industries and service sectors specified by the Central Government. Internal Auditor (under Section 138 of the Companies Act, 2013): CMAs can be appointed as internal auditors in companies, helping to enhance internal controls, governance, and risk management. Forensic Auditor: CMAs are increasingly engaged as forensic auditors for investigating financial frauds and irregularities, especially under corporate law. Financial Auditor of Cooperative Societies: In several states, CMAs are authorized to conduct audits of cooperative societies under respective state cooperative laws, such as the Maharashtra Cooperative Societies Act, 1960. Special Audit under Section 142(2A) of the Income Tax Act: CMAs are eligible to conduct special audits when directed by the Income Tax authorities, recognizing their technical expertise in financial and tax matters. This highlights their competence in handling complex audit tasks that require a deeper understanding of cost and financial structures. 2. CMAs in Leadership Roles: CMAs are not only limited to auditing roles; they also occupy prominent positions in various sectors as Chief Financial Officers (CFOs), Directors of Finance, and other senior management roles. Many CMAs run successful businesses and play a critical role in driving financial strategy, managing operations, and enhancing corporate governance. Their experience in leadership further strengthens their capability to serve as tax auditors. 3. Contribution to Public and Private Sectors: CMAs have a proven track record of adding value across both the public and private sectors. In the government sector, CMAs contribute to policy formulation, financial planning, and resource allocation. In the private sector, they drive cost efficiency, financial compliance, and sustainable business practices. Their inclusion in the definition of "Accountant" under the Income Tax Act would recognize their multifaceted contributions and facilitate better financial governance. 4. Support for MSMEs: MSMEs form a significant portion of India’s economy, and by allowing CMAs to act as tax auditors, these enterprises can benefit from an expanded pool of qualified professionals, easing compliance burdens and providing timely audit services. 5. Global Alignment: In countries like the UK, USA, and Canada, management accountants play a crucial role in tax audits, financial compliance, and reporting. Expanding the definition of "Accountant" to include CMAs in India would align the nation’s regulatory framework with global best practices. 6. Holistic Financial and Cost Analysis: CMAs bring a comprehensive approach to financial management, cost control, and operational efficiency. Including CMAs as tax auditors will enhance the depth and quality of tax audits, ensuring more thorough compliance and reporting. 7. Recognition by Other Regulatory Bodies: The Ministry of Corporate Affairs (MCA) has already recognized CMAs for key audit roles under the Companies Act, 2013, including cost audits and internal audits. Extending this recognition under the Income Tax Act would ensure consistency across various financial regulations. 8. Relief for Tax Professionals: The inclusion of CMAs as tax auditors under Section 288 of the Income Tax Act will relieve the pressure on Chartered Accountants, enabling more efficient and timely tax audits, particularly during peak filing periods. Conclusion: In light of these points, I respectfully request that the definition of "Accountant" under Section 288 of the Income Tax Act, 1961, be revised to include Cost Accountants (CMA). This revision will bring greater efficiency to the tax audit process, improve compliance across sectors, and benefit businesses, especially MSMEs. It will also recognize the growing role of CMAs as financial leaders and their contribution to both the government and private sectors. Thank you for considering this suggestion. I am confident that it will lead to a more robust and inclusive tax audit system in India. Yours sincerely, Avinash |
22 Feb 2025, 07:55 PM | |
| Kavan prajapati | Student | Ahemdabad | I request to parliament for inclusion cost accountant in definition of accountant in the new income tax bill 2025 | 22 Feb 2025, 07:54 PM |
| Thirunavukarasu KA | Student | Tamil Nadu | CMA professional is highly qualified and efficient to conduct tax audit | 22 Feb 2025, 07:54 PM |
| Sony Poulose | Student | Kerala | CMA professional is highly qualified and efficient to conduct tax audit | 22 Feb 2025, 07:54 PM |
| Ashwini Kumar Patro | Member | Berhampur/odisha | Yes I support the cause | 22 Feb 2025, 07:53 PM |
| Arundhati Sahani | Student | Odisha | Sir, "CMA" itself includes the word Accountants. Please include us in New Income Tax Act-2025. We promise to serve the Nation well. | 22 Feb 2025, 07:53 PM |
| Sruti Dash | Others | Bhubaneswar, Odisha | I support | 22 Feb 2025, 07:52 PM |
| Archana Solanki | Member | Ahmedabad | 22 Feb 2025, 07:52 PM | |
| Rashmi Debata | Student | Odisha | 22 Feb 2025, 07:52 PM | |
| Vishwakumar V | Student | Puducherry / Puducherry | CMA professional is highly qualified and efficient to conduct tax audit | 22 Feb 2025, 07:52 PM |
| Yash pandey | Student | Allahabad | I support | 22 Feb 2025, 07:52 PM |
| Anjali Tripathi | Student | Up | I support | 22 Feb 2025, 07:52 PM |
| Rishika | Others | Ahmedabad | I support the cause | 22 Feb 2025, 07:51 PM |
| Rashmikanta Nayak | Member | KENDRAPARA | CMA should be included in the defination of Accountant. Every professional has a right to do all assignment, No barrier should be in the accounts & taxation field. | 22 Feb 2025, 07:51 PM |
| Vishwakumar V | Student | Puducherry / Puducherry | CMA professional is highly qualified and efficient to conduct tax audit | 22 Feb 2025, 07:51 PM |
| HARISH CHANDER BHAGAT | Member | Delhi | Our syllabus is designed in this manner which covers the subjects like financial accounting, cost accounting, direct taxation, indirect taxation, corporate laws, financial management etc. which enables us to go through intensively deep knowledge about these subjects. Further in our job & in practice we handle matters related to Direct Tax which involves filing of ITR, assessment of income, representing our client before the Income Tax Department. I request the Honourable concerned officials to kindly consider CMA's name to be included in the definition of "Accountant" in the new income tax act. | 22 Feb 2025, 07:50 PM |
| Adithya Sudhakaran | Student | Kerala | 22 Feb 2025, 07:49 PM | |
| Kavinbharathi ME | Others | Erode | CMA professional is highly qualified and efficient to conduct tax audit | 22 Feb 2025, 07:47 PM |
| Aditya Kumar | Student | Jamshedpur / Jharkhand | 22 Feb 2025, 07:47 PM | |
| AMRITANSHU TRIPATHI | Others | Kasia | I support | 22 Feb 2025, 07:47 PM |
| Jasna | Student | Palakkad | 22 Feb 2025, 07:45 PM | |
| Anurag Bhattacharjee | Student | North 24 Parganas | 22 Feb 2025, 07:45 PM | |
| Ajit Kumar Choudhury | Member | Berhampur | Please include CMA in New Income Tax Act 2025 | 22 Feb 2025, 07:44 PM |
| Shaurya Jaiswal | Student | saidpur | As a CMA student, I strongly support this petition for allowing CMAs to conduct tax audits. CMAs undergo rigorous training in taxation, cost management, and auditing, making them well-equipped for this responsibility. Granting them this authority would not only create more opportunities for future CMAs like me but also strengthen the profession's role in ensuring financial transparency and compliance. I hope the authorities recognize the expertise of CMAs and take a positive step toward this reform." | 22 Feb 2025, 07:44 PM |
| Rakesh Ranjan | Member | Patna, Bihar | 22 Feb 2025, 07:43 PM | |
| Prem Ranjeet Kumar Suraj | Others | Madhepura | I am cost accountant passed in Year 2015 & since Dec 2016 I am serving as Senior Accounts officer in the energy department of NBPDCL. | 22 Feb 2025, 07:42 PM |
| T GNANA SEKHARA REDDY | 22 Feb 2025, 07:42 PM | |||
| Babu K M | Member | ERNAKULAM | The curriculum designed for C M A course is at par with Charted Accountants, especially the subject Direct Tax, Hence the definition of Accountant should include Cost Accountants. Hopefully..... | 22 Feb 2025, 07:41 PM |
| Tanushree Dutta | Kolkata | I am a CMA Final Student | 22 Feb 2025, 07:41 PM | |
| Jitesh khandwala | Member | Ahmedabad | Cost accountant has also high-level of income tax knowledge equivalent to CA. In new IT act cost accountant and CA are same so far as technical knowledge is concerned and there is no difference between two professionals | 22 Feb 2025, 07:40 PM |
| Athira G | Kerala | 22 Feb 2025, 07:40 PM | ||
| Reshma.R | Student | Kerala | Please Kindly consider this petition | 22 Feb 2025, 07:40 PM |
| GAYATRI AMBADAS UKARANDE | Solapur | 22 Feb 2025, 07:40 PM | ||
| Pooja | Student | Tamilnadu | We need to include CMA in the accountant definition! | 22 Feb 2025, 07:40 PM |
| T GNANA SEKHARA REDDY | Bangalore | 22 Feb 2025, 07:39 PM | ||
| Madan Mohan Mishra | Member | Bhubaneswar | 22 Feb 2025, 07:39 PM | |
| Pranjal Agarwal | Merta City, Rajasthan | Please inclusion of CMA in new Income Tax Act-2025 | 22 Feb 2025, 07:39 PM | |
| Drishti Agarwal | Student | Agra | I support | 22 Feb 2025, 07:37 PM |
| Megha srivastava | Student | Kolkata | 22 Feb 2025, 07:37 PM | |
| M Akash subudhi | Member | Bangalore | 22 Feb 2025, 07:37 PM | |
| Navya Baksani | Others | Jaipur | CMA also study the same syllabus of tax in CMA course. | 22 Feb 2025, 07:36 PM |
| Sourav Mohanty | Others | Odisha | I support | 22 Feb 2025, 07:36 PM |
| Harinarayanan. A | Member | Kerala | 22 Feb 2025, 07:36 PM | |
| Om Prakash Behera | Member | Berhampur | I support | 22 Feb 2025, 07:35 PM |
| Gokilaa Devi S | Student | Tamil Nadu | 22 Feb 2025, 07:34 PM | |
| Sweta kumari | Student | Kolkata | It's is very good course | 22 Feb 2025, 07:34 PM |
| CMA Dharmendra Kumar Padhy | Member | Odisha | 22 Feb 2025, 07:34 PM | |
| Tapan kumar swain | Student | Kolkata | 22 Feb 2025, 07:33 PM | |
| Anant Tayade | Student | Mumbai, Maharashtra | Equality give more strength to our country make it count for it. | 22 Feb 2025, 07:30 PM |
| Pari Sharma | Student | Meerut | I support | 22 Feb 2025, 07:30 PM |
| Sourav Kumar | Student | Jamshedpur | We the cost accountants mug up income tax rules and eligible for tax audits. We should be added in the definition of Cost Accountants | 22 Feb 2025, 07:29 PM |
| Kanhaiya Kumar | Student | Odisha | I support | 22 Feb 2025, 07:28 PM |
| Swadhin Behura | Chennai | 22 Feb 2025, 07:28 PM | ||
| Prashanti choudhury | Others | Bengalore | I support | 22 Feb 2025, 07:27 PM |
| Anjali | Student | Hyderabad | I request to include CMA in new income tax 2025. As a professional it is important to explore tax which may also increases the opportunities and creates a value to CMA profession. | 22 Feb 2025, 07:27 PM |
| Nivedita Polaki | Student | Brahmapur | Petition to include cost accountants in NEW INCOME TAX ACT 2025 | 22 Feb 2025, 07:26 PM |
| Prashant choudhury | Others | Bangalore | CMA professional is highly qualified and efficient to conduct tax audit | 22 Feb 2025, 07:26 PM |
| Biplab samal | Student | Odisha | I support | 22 Feb 2025, 07:26 PM |
| Sushant choudhury | Member | Bangalore | CMA professional is highly qualified and efficient to conduct tax audit | 22 Feb 2025, 07:25 PM |
| Partha J Dutta | Student | Guwahati | Plz amend the bill | 22 Feb 2025, 07:25 PM |
| Rahnuma Ara | Student | Rourkela | We study the same syllabus as CA aspirants do.....so we also deserve tax audit | 22 Feb 2025, 07:25 PM |
| Ajit choudhury | Member | Bangalore | CMA professional is highly qualified and efficient to conduct tax audit | 22 Feb 2025, 07:25 PM |
| Mayank Agarawal | Jamshedpur | I am Final student of ICMAI | 22 Feb 2025, 07:25 PM | |
| Anand | Student | Giridih, Jharkhand | Please include Cost Accountants in terms of Accountants. | 22 Feb 2025, 07:24 PM |
| Simran shaw | Student | KOLKATA | Include CMAs in new Income tax act | 22 Feb 2025, 07:24 PM |
| N ABHISEKHA RAO | Student | Odisha | I support | 22 Feb 2025, 07:24 PM |
| Parbati mandal | Member | Chennai | CMA professional is highly qualified and efficient to conduct tax audit | 22 Feb 2025, 07:24 PM |