Name | Category | City | Message | Date |
---|---|---|---|---|
PRAJAPATI RANJIT | Member | Anjar | 21 Feb 2025, 09:28 PM | |
Karat Surendranath Nair (Surendranath Karat Thazhethethil Nair) | Member | THRISSUR | Yes I support the cause | 21 Feb 2025, 09:28 PM |
Shivam Garg | Member | Ghaziabad | 21 Feb 2025, 09:28 PM | |
Muhammed shahil k | Student | Kerala | Im formally documenting my support here | 21 Feb 2025, 09:28 PM |
Sanjib Sahu | Member | Balasore | I fully endorse my wholehearted support to the proposal. This will | 21 Feb 2025, 09:28 PM |
Binayak behera | Member | Bangalore | Please include cost accountants | 21 Feb 2025, 09:28 PM |
ABIN T JOSEPH | Student | Kerala | I support for the petition for inclusion of CMA in New income tax act 2025 | 21 Feb 2025, 09:28 PM |
Jagadeesh Vavilapalli | Student | Andhrapradesh | Support for new additions | 21 Feb 2025, 09:27 PM |
Viswas K A | Member | Thrissur / Kerala | 21 Feb 2025, 09:27 PM | |
ANUP CHATTERJEE | Member | BIDHAN NAGAR | WE, THE CMAs, SHOULD BE INCLUDED IN THE 'ACCOUNTANT' Definition under NEW INCOME TAX ACT 2025 based on our Efficiency, Pervasive Knowledge and Command over the subject. With the Developing and Shaping New India concept If we are kept outside the ambit, now, It will be a great mistake. | 21 Feb 2025, 09:27 PM |
CMA GOBARDHAN NAYAK | Member | Odisha | Please include the CMAs/ Cost Accountants in the definition of Accountant as outlined in Section- 515(3) under the proposed Income Tax Act 2025 | 21 Feb 2025, 09:27 PM |
Maheswaran | Coimbatore | 21 Feb 2025, 09:27 PM | ||
Sanjeevi C | Member | Coimbatore/Tamilnadu | Request to add CMA in the definition of Accountant | 21 Feb 2025, 09:27 PM |
Satya | Student | Hyderabad | 21 Feb 2025, 09:26 PM | |
Sai Tejas | Student | visakhapatnam, Andhra pradesh | 21 Feb 2025, 09:26 PM | |
Aman Singh | Member | Lucknow | It is necessary for country like India, where we are on the way to become one of the top economy in the world. Our PM is promoting entrepreneurship and startups. We need to provide more competitive services and not monopolistic. So that they can get better support at competitive costs. | 21 Feb 2025, 09:26 PM |
I RAMA SHARMA | Member | VIZIANAGARAM | Here are the reasons Reasons to Include CMA Under Accountants Definition 1. *Relevant Skills*: CMAs possess the required skills, as they handle various aspects of indirect and direct costs, beyond just cost accounting. 2. *Reducing Monopoly*: Including CMAs will prevent the concentration of power and reduce dependence on a single profession (CA), promoting healthy competition. 3. *Comprehensive Curriculum*: The CMA curriculum covers income tax in detail at the Inter and Final levels, demonstrating their expertise in taxation. 4. *Diverse Perspective*: With multiple income tax and audit-related frauds emerging, corporates can benefit from the unique perspective and expertise of Cost Accountants (CMAs) in identifying potential risks. |
21 Feb 2025, 09:25 PM |
Siddhi Bora | Student | Pune | 21 Feb 2025, 09:25 PM | |
Anshu Kumar Choudhary | Others | Biraul | CMA should include in definition of Accountant in DTC | 21 Feb 2025, 09:25 PM |
Praveen kuriakose | Kottayam | 21 Feb 2025, 09:25 PM | ||
Ashish Kumar | Member | CHENNAI/ TAMILNADU | REQUEST THE AUTHORITY TO KINDLY CONSIDER, Todays CMA is not only for Cost Accountancy, they are trained in various field including Accounting, Income Tax and Various other Areas of Business | 21 Feb 2025, 09:25 PM |
Akshit Sharma | Member | Agra, Uttar Pradesh | Truly believe and support the cause, that CMA's should be covered under the definition of "Accountants" and must be given tax audit right!! | 21 Feb 2025, 09:24 PM |
Ayyappa k | Member | Hyderabad | We should give the equal opportunity to everyone to serve the society and people | 21 Feb 2025, 09:24 PM |
CMA Dr A Mayil Murugan | Madurai | Inclusion of CMA in the definition. All must be under one roof for environmental sustainable development of the country | 21 Feb 2025, 09:24 PM | |
Mohammed Ahmed Kapadia | Member | Thane | 21 Feb 2025, 09:24 PM | |
Rima Minnath | Student | Calicut kerala | 21 Feb 2025, 09:24 PM | |
Lalitha Sitaraman | Member | CHENNAI | Please include CMA in the definition of accountant in the new Income Tax Act 2025. | 21 Feb 2025, 09:24 PM |
fathimathu suhra | Student | Kerala | please include cma in new tax scheme | 21 Feb 2025, 09:24 PM |
SEBY CHERIAN | Member | ERNAKULAM | 21 Feb 2025, 09:24 PM | |
Amar Dhamdhere | Member | Pune Maharashtra | Please add the cost accountant in the accountant definition in IT Act 2025 | 21 Feb 2025, 09:24 PM |
Neenu Ann Thomas | Student | Thiruvalla, Kerala | 21 Feb 2025, 09:24 PM | |
Muhthasim | Student | Kerala | 21 Feb 2025, 09:24 PM | |
Abhisekh | Jharkhand | 21 Feb 2025, 09:24 PM | ||
Hema | Student | Ara | 21 Feb 2025, 09:23 PM | |
Arun | Student | Kerala | Tax audit should not be an exclusive right of any one particular profession alone. There should be a level playing field for both CA and CMA with respect to Tax audit. Inclusion of CMA who are already recognised under GST as Tax auditor , so demand by CMA is legit and they must be included under the definition of 'accountants' under the New Income Tax act ,earlier Income Tax bills includes CMA's as well. I support this cause | 21 Feb 2025, 09:23 PM |
Himansu Sekhar Muduli | Member | Bhubaneswar | For vikasit bharat cost accountant intends to play a pivotal role.So we should be place underaccontant definition under income tax Act | 21 Feb 2025, 09:23 PM |
Dipin KV | Member | Kerala | 21 Feb 2025, 09:22 PM | |
Prerna Barnwal | Student | Durgapur | 21 Feb 2025, 09:22 PM | |
Ajit Kumar Tutika | Student | Pune | I strongly support the inclusion of Cost Accountants in the definition of 'Accountants' under Section 515(3)(b) of the proposed Income Tax Act, 2025. Cost and Management Accountants (CMAs) play a crucial role in financial reporting, cost control, and strategic decision-making, contributing significantly to the nation’s economic growth. Recognizing CMAs in the Income Tax Act will ensure fair representation, leverage their expertise in taxation and compliance, and enhance the quality of financial governance. I urge the authorities to consider this demand and amend the Act accordingly. | 21 Feb 2025, 09:22 PM |
Manikanta swamy | Member | Rajahmundry | 21 Feb 2025, 09:22 PM | |
GALI SRIDHARA RAO | Member | Hyderabad | ICMAI syllabus and qualifying exams are at par with other professional body ICAI.Income tax is elaborately covered in ICMAI Syllabus | 21 Feb 2025, 09:22 PM |
Alphonsa Sebastian | Student | Kerala | 21 Feb 2025, 09:22 PM | |
sayeed | pune | Reasons to include CMA under Accountants definition. 1. CMA are not only look after cost roles but also different field of Indirect and direct cost hence CMA is having the required SKILL 2. Concentration of power always create monopoly for certain member of institute but including CMA will reduce the concentration risk to depending only of CA. 3. Curriculum of CMA includes income tax in detail in Inter and Final Level. 4. We know there are multiple frauds are coming out relating income tax and audit hence it is necessary that corporate should also get different angle from cost accounts. | 21 Feb 2025, 09:22 PM | |
Sruti Singh | Others | Gaya Bihar | ikhan hi should be included | 21 Feb 2025, 09:22 PM |
Tarun Jain | Student | Kalyan | 21 Feb 2025, 09:22 PM | |
Aji Kurian | Kerala | 21 Feb 2025, 09:22 PM | ||
Jaseel PK | Member | Kerala | 21 Feb 2025, 09:21 PM | |
Guruprasad. A. Betadur | Dharwad | Please include CMA in new income tax act | 21 Feb 2025, 09:20 PM | |
Dini Eapen Kurien | Member | Kerala | 21 Feb 2025, 09:20 PM | |
Prabhu B | Member | Chennai | YES ! I SUPPORT THE CAUSE | 21 Feb 2025, 09:19 PM |
Siva Prakash | Member | Coimbatore | I am supporting to include Cost Accountant in Income tax bill for the definition of Accountant. | 21 Feb 2025, 09:19 PM |
Aneesh George | Member | Kochi/Kerala | 21 Feb 2025, 09:18 PM | |
A.RATHINA BHARATHI | Member | MADURAI | We have a eligibility | 21 Feb 2025, 09:18 PM |
DEEPAK KUMAR | Member | Neyveli/ Tamil Nadu | Allowing cost accountants to conduct tax audits can bring several benefits to businesses and the economy. Here are some key arguments in support of this proposal: 1. Expertise in Costing and Taxation Cost accountants (CMAs) are well-versed in cost management, taxation, and financial analysis. Their expertise enables them to assess tax compliance efficiently, ensuring accurate reporting and preventing revenue leakages. 2. Enhancing Audit Quality and Compliance With their specialized knowledge of cost structures and tax laws, cost accountants can conduct tax audits with a deep understanding of indirect taxes (GST, customs, etc.) and direct taxes, reducing tax evasion and enhancing compliance. 3. Reducing Workload on Chartered Accountants Currently, only Chartered Accountants (CAs) are allowed to conduct tax audits. By allowing CMAs to share this responsibility, the burden on CAs can be reduced, ensuring faster processing of audits and reducing bottlenecks. 4. Global Best Practices Many countries allow cost accountants or management accountants to perform tax audits. India can align with global best practices by recognizing the competence of CMAs in tax auditing. 5. Better Cost-Benefit Analysis for Businesses CMAs have a strong grasp of cost structures, enabling them to provide insights into tax efficiency and cost optimization while conducting tax audits. This helps businesses make informed financial decisions. 6. Strengthening the Tax Ecosystem By broadening the pool of professionals eligible to conduct tax audits, the government can improve tax compliance, widen the tax base, and enhance the overall efficiency of the taxation system. 7. Regulatory and Legal Framework Support The Institute of Cost Accountants of India (ICAI-CMA) is a recognized statutory body under the Cost and Works Accountants Act, 1959. CMAs already conduct cost audits and GST audits, proving their capability to handle tax audits responsibly. Conclusion Allowing cost accountants to perform tax audits would be a progressive step toward strengthening India’s tax administration, improving compliance, and reducing the audit burden on existing professionals. With their specialized skills, CMAs can contribute significantly to tax governance and economic development. |
21 Feb 2025, 09:18 PM |
R ANNADURAI | Member | CHENNAI, TAMIL NADU | CMAs are also equally efficient and capable of doing Tax Audit and therefore CMA should be considered for inclusion in the definition of Accountant in Direct Taxes Code. | 21 Feb 2025, 09:18 PM |
Samir kumar Sarmah | Assam | 21 Feb 2025, 09:17 PM | ||
Muskan gupta | Others | Bihar gaya | Should be included | 21 Feb 2025, 09:17 PM |
Nisha Habi | Member | Kerala | Cost Accountants should be included in the definition of Accountants under proposed Income Tax Act 2025 | 21 Feb 2025, 09:16 PM |
Sankaran G L | Member | Coimbatore. Tamil Nadu | 21 Feb 2025, 09:16 PM | |
ANAND GOVINDAPPA | Member | Karnataka | I strongly support inclusion of cost accountants in the Definition of Accountants. Cost accountants equally be given importance in the field of Tax audit. I expect our demand will be considered in the New tax bill 2025 | 21 Feb 2025, 09:16 PM |
bhargav ujjineni | Member | Bangalore | I support and should include in the definition of accountant | 21 Feb 2025, 09:16 PM |
Aloke kumar Choudhuri | Kolkata | 21 Feb 2025, 09:16 PM | ||
Devarajulu.B | Member | Karnataka | Qualified CMA should include in the definition of Accountant as per Income Tax Act 1961 | 21 Feb 2025, 09:16 PM |
Vishnu M V Nair | Member | Thiruvananthapuram | 21 Feb 2025, 09:16 PM | |
V N Babu | Member | Trivandrum Kerala | 21 Feb 2025, 09:16 PM | |
Ravindra Aralikatti | Member | Bengaluru | I urge GOI to restore the status of CMA’s as per the petition filed by all CMA’s | 21 Feb 2025, 09:15 PM |
S Aravindhan | HYDERABAD | Member | 21 Feb 2025, 09:15 PM | |
CMA Dr. A. S. Gurudath | Member | Bengaluru | Please include CMA in the definition of Accountant of New IT Act 2025. | 21 Feb 2025, 09:15 PM |
Sejal Jagtap | Student | Nashik - Maharashtra | 21 Feb 2025, 09:15 PM | |
M ANIL | Student | KARIMNAGAR | I as a Student feel that we are truly eligible for Inclusion @Accountant in Income tax bill 2025. | 21 Feb 2025, 09:15 PM |
Abdul Shabeed | Member | Kozhikode | Include CMA’s in the definition of Accountant as per Income Tax Act | 21 Feb 2025, 09:14 PM |
Manoharan R | Member | Tamilnadu | We want equality | 21 Feb 2025, 09:14 PM |
J v Ajaya kumar | Student | Telangana | 21 Feb 2025, 09:14 PM | |
ABDUL KAREEM SHAIK | Member | Hyderabad | I support | 21 Feb 2025, 09:14 PM |
Srinu Yerra | Member | Bengaluru | 21 Feb 2025, 09:14 PM | |
Dinesh | Student | Port blair | I am a passed out student | 21 Feb 2025, 09:13 PM |
Jagadish | Member | Thrissur/ Kerala | 21 Feb 2025, 09:13 PM | |
Sayantan Roy | Student | West Bengal | Please get the chances to do tax audit. We are also knowing tax very well. We have also the same criteria. Please help us. | 21 Feb 2025, 09:12 PM |
Ram | Others | Dindigul | Please include the word 'Cost Accountants' in the definition of Accountants in the New Income Tax Bill 2025 | 21 Feb 2025, 09:10 PM |
CMA NEERAJ | Member | Ambala | Cost accountants should be given equal opportunity in the field of tax audit as provided to other professionals. | 21 Feb 2025, 09:09 PM |
Laxman Routroy | Jajpur | 21 Feb 2025, 09:06 PM | ||
Pankaj Thakkar | Silvassa | 21 Feb 2025, 09:06 PM | ||
Nikita Gangurde | Student | Nashik | 21 Feb 2025, 09:06 PM | |
Laxman Routroy | Others | Jajpur | 21 Feb 2025, 09:05 PM | |
R.jaisankar | Student | Pondy | 21 Feb 2025, 09:04 PM | |
K Mohana Krishna | Member | Bangalore | 21 Feb 2025, 09:03 PM | |
Sarthak Waman Hule | Student | PUNE | Cost accountants should be given equal opportunity in the field of tax audit as provided to other professionals | 21 Feb 2025, 09:02 PM |
Priyank Patel | Member | Gujarat | Since for Indirect taxation we have been recognized as competent and capable as Chartered Accountants then why not for Ditect Taxation | 21 Feb 2025, 09:02 PM |
Deepmoni Borah | Others | Assam | 21 Feb 2025, 09:01 PM | |
Ashna agarwal | Others | Mumbai | Include CMA in the new income tax act DTC | 21 Feb 2025, 09:00 PM |
CMA Sk Atiur Rahaman | Member | KOLKATA | 21 Feb 2025, 08:59 PM | |
Vignesh R | Others | Pudukkottai | Please include the word 'Cost Accountants' in the definition of Accountants in the New Income Tax Bill 2025 | 21 Feb 2025, 08:59 PM |
Tanmay | Student | Ujjain | Cost Accountant should be given equal rights and responsibilities as other profession | 21 Feb 2025, 08:58 PM |
Parminder Singh | Member | Hoshiarpur/punjab | CMA should be given equal rights to participate in the income tax profession to encourage CMA PROFESSION | 21 Feb 2025, 08:55 PM |
Om prakash | Others | Delhi | Monopoly should be not continue | 21 Feb 2025, 08:51 PM |
VIVEK C | Member | Coimbatore | 21 Feb 2025, 08:51 PM | |
CMA Satyananda Sahoo | Member | Angul | Requested to include CMA. | 21 Feb 2025, 08:51 PM |
Hari T Devadiga | Member | Karnataka | We CMA's strongly urge including cost Accountants under the definition of Accountant | 21 Feb 2025, 08:51 PM |
CMA Venkata Durgarao Tadisetty | Member | Chennai/Tamilnadu | Including the CMA in Accountant definition under new income tax bill 2025 | 21 Feb 2025, 08:50 PM |
Amit Sharma | Others | Naya Nangal | CMA are equally qualified to conduct the Tax Audit | 21 Feb 2025, 08:50 PM |