| Name | Category | City | Message | Date |
|---|---|---|---|---|
| Himanshu Kumar Gupta | Student | Bhagalpur | I wholeheartedly wish that we CMA’s should be given equal opportunity to complete alongside CA’s to proove our competence in tax audit. If a sole runner in running in the race pf tax audit it is inevitable that he will not come out as a winner whether he/she completes it in 5 minutes or 10 days. So with this logic and also believing in our skills i request to include us all in tax audit. | 22 Feb 2025, 12:58 PM |
| Rohit kamble | Student | Pune | 22 Feb 2025, 12:58 PM | |
| Vaibhav Raj | Student | Madhepura, Bihar | Cost Accountant should must be included in the definition of an Accountant | 22 Feb 2025, 12:58 PM |
| KONATHALA HARSHITHA | Student | HYDERABAD | This is a high time to show our strength to support inclusion of Cost Accountants in the Definition of " Accountants " under the proposed Income Tax Bill -2025. |
22 Feb 2025, 12:57 PM |
| Sunita Goel | Others | Rourkela | I support the cause | 22 Feb 2025, 12:57 PM |
| Aman Kumar jha | Student | West Bengal | I would like to bring to your attention the need for the inclusion of Cost and Management Accountants (CMAs) in the definition of "Accountant" under the relevant provisions of the Income Tax Act for conducting tax audits. CMAs possess extensive expertise in cost management, financial analysis, and taxation, making them well-qualified to perform tax audits effectively. Including CMAs in this definition will not only enhance the scope of tax compliance but also ensure greater accuracy and efficiency in audits. This recognition will align with the evolving financial and regulatory landscape, where cost and management accounting professionals play a crucial role in maintaining transparency and accountability. I kindly request you to consider this matter and take the necessary steps to amend the relevant provisions to allow CMAs to conduct tax audits. Your support in this regard will be highly appreciated. Looking forward to your response. Best regards, [Aman Kumar Jha] |
22 Feb 2025, 12:57 PM |
| Souvik Mondal | Student | Kolkata | Strongly supported! | 22 Feb 2025, 12:57 PM |
| Sonu | Student | Kaithal Haryana | inclusion of *Cost Accountants* in the Definition of " *Accountants* " as outlined in the Section 515(3)(b) under the proposed Income Tax Act-2025. | 22 Feb 2025, 12:57 PM |
| K N Chidananda | Member | BENGALURU KARNATAKA | I fully support inclusion of cost accounts in practice under the definition of Accountant U/s 515 (3)(b) of income tax act |
22 Feb 2025, 12:57 PM |
| Ranjan Chatterjee | Member | West Bengal | 22 Feb 2025, 12:57 PM | |
| Subrata Jana | Student | West Bengal | CMA Should be included in the definition of Accountant. | 22 Feb 2025, 12:57 PM |
| Ajay Sharma | Member | Telangana | 22 Feb 2025, 12:56 PM | |
| Satarupa Dey | Student | Howrah | 22 Feb 2025, 12:56 PM | |
| CMA ANIRUDDH GUPTA | Member | Ujjain | The New Income Tax Bill 2025 was introduced in the Lok Sabha on 13th February 2025. The purpose of this bill is to simplify the complex Income Tax Act of 1961. The primary objective mentioned by the Minister is to reduce disputes / litigation involving the tax system and bring Ease of Compliance. ICMAI as well as ICSI have represented their inclusion quoting industries and businesses will require more qualified professionals for taxation and compliance purpose preventing dependency on any single profession and ensuring a competitive, quality-driven tax ecosystem. Lets look what could be points which may be relevant for such inclusion of CMAs for Income Tax Audits, are - 1. ICMAI is recognised an accounting body formed by Act of Parliament. It’s affiliated to IFAC (International Federation of Accountants), CAPA, SAFA. Further Cost Accountants are authorized to be an Auditor as per definition in section 2 of CWA Act. 2. Curriculum of CMA extensive coverage of Income Tax Law at the Intermediate Stage in PAPER 7: Direct and Indirect Taxation (DITX) & at Final Stage PAPER 15: Direct Tax Laws and International Taxation (DIT). 3. 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. 4. Recognition as at par under all other Statutes- – Goods and Services Tax [GST] – Companies Act as an Internal Auditor (sec 138) – Co-operatives Societies Act in States like Karnataka, Maharashtra, HP, West Bengal – Tax Return Preparer (Amendment) Scheme, 2018 – Erstwhile Central Excise Act & Service Tax Act – Income Tax Act as Authorised representative & Audit of Inventory Valuation (Sec 142 A) – CMAs are recognized by statutory bodies for professional services in RBI, IRDAI, SEBI, IBA, MCA, IBBI, CCI, NPPA, TRAI, CERC, IFSCA, NABARD, NSDL, Ministry of Agriculture, Ministry of Commerce and Industry, Ministry of Textiles and many others. 5. 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). 6. 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. 7. 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. 8. ICMAI has a disciplinary mechanism in place which is required to keep check on the auditing professionals. Further, it has prescribed code of conduct, Peer review mechanism as well Quality Review Board (QRB) to ensure quality auditing services are rendered by its members. 9. 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” as well as in “DTC, 2013” & again in 122nd Report of the Department Related Parliamentary Standing Committee on Commerce on Ease of Doing Business dated 21st December, 2015. 10. Allowing CMA would ensure healthy competition which is very much required in open economy. It will definitely benefit the tax administration system as well as the assesses, especially the MSME assesses. 11. CMA with their techno commercial skills will be able to provide value added auditing services apart from regular compliances checks which may bring more effectiveness in Tax administration system. Further, increased availability of professionals will ensure timely compliances, avoiding extensions, & competitive pricing of auditing services which will be benefiting both Tax Administration as well as Taxpayers. Our Prime Minister Narendra Modi ji has set up target of 5 trillion economy by 2025 and robust tax mechanism would play vital role in ensuring we achieve it. His vision of Viksit Bharat 2047 would mean inclusive growth for everyone not limiting to certain class. CMA professionals would definitely be an active participant in achieving the milestones set up by our leadership. As we always say its TEAM (Together Each Will Achieve More) effort. In order to encourage fair competition and in public interest such inclusion of CMAs are paramount for the growth of the nation. Request Cum Right of a professional CMA in the field of academics FCMA ANIRUDDH GUPTA |
22 Feb 2025, 12:56 PM |
| Muskaan Mittal | Others | Kolkata | Newly qualified CMA | 22 Feb 2025, 12:56 PM |
| Ayush Ray | Student | West Bengal howrah | I agree about this petition | 22 Feb 2025, 12:56 PM |
| Uday sankar Santra | Student | Kolkata | Cost Accountants by virtue of the education and training are capable of doing income tax audit . Must be included in accountant definition | 22 Feb 2025, 12:56 PM |
| Boddapadu charan | Student | Ghaziabad | We want equal right of Tax audit,we also have same syllabus like CA in tax |
22 Feb 2025, 12:56 PM |
| Ankit Banik | Student | Kolkata | Accountant means a Chartered Accountant or 'Cost Accountant '. | 22 Feb 2025, 12:56 PM |
| Biswajit Mukherjee | Student | West Bengal | 22 Feb 2025, 12:55 PM | |
| Rittika yadav | Student | Kolkata | When we are studying the inclusive syllabus but why the title of accountant is exclusive | 22 Feb 2025, 12:55 PM |
| Akash Sonar | Student | Kolkata | Tax Audit is our right | 22 Feb 2025, 12:55 PM |
| Priyanshu Biswas | Student | Kolkata, West Bengal | We stand with ICMAI | 22 Feb 2025, 12:55 PM |
| PRINCE | Student | Howrah | inclusion of *Cost Accountants* in the Definition of " *Accountants* " as outlined in the Section 515(3)(b) under the proposed Income Tax Act-2025. | 22 Feb 2025, 12:55 PM |
| Anil Kumar Khatod | Student | Udaipur Rajasthan | Cost Accountant do very better taxation and other financial services | 22 Feb 2025, 12:55 PM |
| Abhinav | Student | Bihar | inclusion of *Cost Accountants* in the Definition of " *Accountants* " as outlined in the Section 515(3)(b) under the proposed Income Tax Act-2025. | 22 Feb 2025, 12:55 PM |
| Vivek Gupta | Student | Jharkhand | CMA should include in defination of the accountant. | 22 Feb 2025, 12:54 PM |
| CMA Partha Dey | Member | silliguri | It is high time that one body is controlling everything which always resulted to inefficiency, complacency, and corruption. By including CMA in new income tax act,2025 Govt. should show some effort to end this monopolistic and restrictive practices. |
22 Feb 2025, 12:54 PM |
| Sanjay Kumar Rai | Student | West Bengal | Accountant | 22 Feb 2025, 12:54 PM |
| Akash Yadav | Student | Kolkata | Include Cost Accountant in the definition of Accountants | 22 Feb 2025, 12:54 PM |
| NIRAJ KUMAR SINGH | Student | Godda | Cost Accountant is also include in Accountant definition | 22 Feb 2025, 12:54 PM |
| Rishav Agarwal | Student | Kolkata | 22 Feb 2025, 12:54 PM | |
| Puja Ku Shaw | Student | Kolkata | 22 Feb 2025, 12:54 PM | |
| Swarnali Mukherjee | Student | West Bengal | 22 Feb 2025, 12:54 PM | |
| PRASANTA CHOWDHURY | Others | KOLKATA | CMA must be included in Cost Accountants in the Definition of " Accountants " under the proposed Income Tax Bill -2025. | 22 Feb 2025, 12:54 PM |
| Amit kumar singh | Student | Dariyapur | Include Cost Accountant in the definition of Accountants | 22 Feb 2025, 12:53 PM |
| KanakLata | Student | Madhyapradesh | 22 Feb 2025, 12:53 PM | |
| ROHIT KUMAR SINGH | Student | HOWRAH | Yes, I'm with ICMAI I support to it to be included |
22 Feb 2025, 12:53 PM |
| PRINCE SAVASUNDAR | Student | Howrah | 22 Feb 2025, 12:53 PM | |
| ADARSH KUMAR | Student | Ranchi | 22 Feb 2025, 12:53 PM | |
| Saikat Mondal | Student | Kolkata, West Bengal | inclusion of *Cost Accountants* in the Definition of " *Accountants* " as outlined in the Section 515(3)(b) under the proposed Income Tax Act-2025. | 22 Feb 2025, 12:53 PM |
| R DHANALAXMI | Kachchh | 22 Feb 2025, 12:53 PM | ||
| Ankit Kumar | Student | Ranchi | 22 Feb 2025, 12:53 PM | |
| Shivam Bhadala | Others | Noida, UP | 22 Feb 2025, 12:53 PM | |
| Anamika Kumari | Student | Jamshedpur | We should most definitely be recognized as a accountant | 22 Feb 2025, 12:53 PM |
| Nithin | Student | Hyderabad/ Telangana | 22 Feb 2025, 12:53 PM | |
| Honey Arora | Student | Serampore | 22 Feb 2025, 12:52 PM | |
| Puja Shaw | Student | Kolkata | 22 Feb 2025, 12:52 PM | |
| Sanjana | Student | Hyderabad/ telangana | 22 Feb 2025, 12:52 PM | |
| Lakshmi Kant Biswas | Student | 24 PARGANAS | 22 Feb 2025, 12:52 PM | |
| VIKASH KUMAR PODDAR | Student | Kolkata | 22 Feb 2025, 12:52 PM | |
| SHAKSHI RAI | Student | Howrah | 22 Feb 2025, 12:52 PM | |
| Akash Roy Chowdhury | Student | West Bengal | 22 Feb 2025, 12:52 PM | |
| Mohammed unais m | Student | Kerala | Cma are fully qualified for tax audit | 22 Feb 2025, 12:52 PM |
| Rishiraj Roy | Student | Alipurduar | 22 Feb 2025, 12:52 PM | |
| Tamal Banerjee | Student | Howrah | 22 Feb 2025, 12:52 PM | |
| Jayaprakash N Jaligidad | Bangalore | 22 Feb 2025, 12:52 PM | ||
| ravinder chauvhan | Chandigarh | I fully support to include cma & cs in the defination of accountant. | 22 Feb 2025, 12:51 PM | |
| CMA Tapan Kumar Dhar | Member | Kolkata | Incude CMA in the definition of ACCOUNTANT | 22 Feb 2025, 12:51 PM |
| Vikram Raje | Student | Pune | 22 Feb 2025, 12:51 PM | |
| ABHIJIT BANERJEE | Member | WEST BENGAL | CMAs must be included in the definition of Accountant. | 22 Feb 2025, 12:51 PM |
| CMA SAMAR DHAR | Member | UTTARPARA | TAX DEPEND UPON INCOME.INCOME & PROFIT DEPENDS UPON COST.HENCE COST & MANAGEMENT ACCOUNTANT IS REQUIRED FOR TAX AUDIT.HENCE INSERTION OF CMA AS ACCOUNTANT DEFINATION IS OPTIMISED & REQUIRED TO ACHIVE VIKSHIT BHARAT | 22 Feb 2025, 12:50 PM |
| Debdas Rakshit | Member | Burdwan West Bengal | 22 Feb 2025, 12:50 PM | |
| Sayantan Manna. | Student | Howrah | I support the initiative taken by the honorable members of the institute | 22 Feb 2025, 12:50 PM |
| Dilip kumar Ray | Member | Kolkata | Yes I must support that it should be amended in Parliament that CMA should be included in the defination of Accountant in new income tax Act bill. | 22 Feb 2025, 12:49 PM |
| Laxman | Chennai City South | 22 Feb 2025, 12:49 PM | ||
| Manya Ramesh | Student | Bengaluru | I support this petition. We CMA's are equally expertised like CA's in tax audits...it's high time to break the monopoly market and bring equality among professionals... | 22 Feb 2025, 12:49 PM |
| KUNTAL SENGUPTA | Member | Hooghly | 22 Feb 2025, 12:48 PM | |
| CMA SUSHIL Karalkar | Member | Mumbai | I support healthy competition and equal rights for CMA for making possible Hon PM’s Vikasit Bharat 2047 vision. | 22 Feb 2025, 12:48 PM |
| Anand Shaw | Student | Kolkata | inclusion of *Cost Accountants* in the Definition of " *Accountants* " as outlined in the Section 515(3)(b) under the proposed Income Tax Act-2025. | 22 Feb 2025, 12:48 PM |
| Gour Bandhu Gupta | Member | Asansol | Kindly add cost accountant under the definition of "Accountant " | 22 Feb 2025, 12:47 PM |
| Nikunj Sharma | Student | New Delhi | 22 Feb 2025, 12:46 PM | |
| Dharmendra saini | Student | Rajasthan | 22 Feb 2025, 12:46 PM | |
| Shyamaladevi | Student | Tirunelveli | Cost accountant should be part of accountant to serve the world better | 22 Feb 2025, 12:45 PM |
| Himali | Student | Ankleshwar Bharuch | 22 Feb 2025, 12:44 PM | |
| Kattumula Venkateshwar Reddy | Hyderabad | I SUPPORT FOR INCLUSION OF "COST ACCOUNTANT" IN THE DEFINITION OF "ACCOUNTANT" IN THE NEW INCOME TAX ACT-2025. |
22 Feb 2025, 12:42 PM | |
| R Praveen Kumar | Student | Hyderabad | 22 Feb 2025, 12:41 PM | |
| Kuntawar karthik | Adilabad,telangana | 22 Feb 2025, 12:41 PM | ||
| Janvhi gupta | Student | Ghazipur | 22 Feb 2025, 12:40 PM | |
| Santosh Kumar Jha | Member | West bengal | Must be included in definition of acoountant | 22 Feb 2025, 12:39 PM |
| Asoke Kumar Gorai | Member | Uttarpara /West Bengal | CMA shoud included in Accountant definition in I.Tax . | 22 Feb 2025, 12:39 PM |
| Varshini V K | Student | Kanchipuram | Kindly include Cost Accountants in the Definition of " Accountants " as outlined in the Section 515(3)(b) under the proposed Income Tax Act-2025. | 22 Feb 2025, 12:39 PM |
| CMA Rakesh Verma | Member | Surat | 22 Feb 2025, 12:38 PM | |
| Punit Sharma | Student | Bharatpur | 1. Comprehensive Financial Oversight – Cost accountants analyze and control costs, directly impacting financial reporting and business decision-making, which are core accounting functions. 2. Regulatory Compliance – Cost data is essential for accurate tax calculations and compliance with financial regulations, making cost accountants integral to the accounting profession. 3. Fair Taxation – A tax audit requires an in-depth understanding of cost structures to ensure fair tax assessments, prevent fraud, and minimize tax evasion. 4. Improved Business Efficiency – Cost accountants help businesses optimize resources, which is crucial for accurate tax planning and auditing. 5. Alignment with Global Standards – Many international accounting frameworks recognize cost accounting as part of financial reporting and taxation, reinforcing its inclusion in the definition of an accountant. 1. Comprehensive Financial Oversight – Cost accountants analyze and control costs, directly impacting financial reporting and business decision-making, which are core accounting functions. 2. Regulatory Compliance – Cost data is essential for accurate tax calculations and compliance with financial regulations, making cost accountants integral to the accounting profession. 3. Fair Taxation – A tax audit requires an in-depth understanding of cost structures to ensure fair tax assessments, prevent fraud, and minimize tax evasion. 4. Improved Business Efficiency – Cost accountants help businesses optimize resources, which is crucial for accurate tax planning and auditing. 5. Alignment with Global Standards – Many international accounting frameworks recognize cost accounting as part of financial reporting and taxation, reinforcing its inclusion in the definition of an accountant. |
22 Feb 2025, 12:38 PM |
| Pramod Kumar | Member | Bengaluru/Karnataka | 22 Feb 2025, 12:37 PM | |
| Payal Sodhi | Student | Chhattisgarh | Petition for inclusion of CMA In New Income Tax Bill 2025 | 22 Feb 2025, 12:37 PM |
| K Sreedhar | Member | Bangalore | Yes I Support the cause but the Institute 's head quarters is hopeless one. Very unfortunate | 22 Feb 2025, 12:37 PM |
| Kashyop Jyoti Deka | Student | Nagaon/Assam | inclusion of *Cost Accountants* in the Definition of " *Accountants* " as outlined in the Section 515(3)(b) under the proposed Income Tax Act-2025. | 22 Feb 2025, 12:36 PM |
| Debajit Borah | Others | Nagaon Assam | inclusion of *Cost Accountants* in the Definition of " *Accountants* " as outlined in the Section 515(3)(b) under the proposed Income Tax Act-2025. | 22 Feb 2025, 12:36 PM |
| Sagarika bora | Member | nagaon | inclusion of *Cost Accountants* in the Definition of " *Accountants* " as outlined in the Section 515(3)(b) under the proposed Income Tax Act-2025. | 22 Feb 2025, 12:36 PM |
| Bitupan Saikia | Others | BIRAH BEBEJIA, Po- Senchowa, Nagaon (Assam) | inclusion of *Cost Accountants* in the Definition of " *Accountants* " as outlined in the Section 515(3)(b) under the proposed Income Tax Act-2025. | 22 Feb 2025, 12:36 PM |
| Jyothi Krishna | Student | Bharuch | CMA has to be included. | 22 Feb 2025, 12:36 PM |
| Wasim Ranasariya | Student | Ahmedabad | 22 Feb 2025, 12:36 PM | |
| Subhashree Panda | Others | 22 Feb 2025, 12:35 PM | ||
| Tanmay Ghosh | Student | Nadia | 22 Feb 2025, 12:34 PM | |
| Harsh Vardhan | Student | Faridabad | I support cma | 22 Feb 2025, 12:34 PM |
| Shubham Bhansali | DIRECT TAX, INDIRECT TAX AND TDS RETURN FILING | Include Cost Accountant in the definition of Accountants | 22 Feb 2025, 12:33 PM | |
| Dinesh Dokania | Member | Sahibganj | 22 Feb 2025, 12:32 PM | |
| RAJ KUMAR AGARWALLA | Member | RANCHI | I am working in GOVT DEPT for last 26 years and CMA and CA are equal in all aspects. Please consider this. | 22 Feb 2025, 12:32 PM |
| Naresh Sharma | Member | Bengaluru | 22 Feb 2025, 12:32 PM |