| Name | Category | City | Message | Date |
|---|---|---|---|---|
| Batakrishna Mohapatra | Member | Odisha | Yes I have given my comments as follows I Support for Inclusion of Cost Accountants in the Definition of "Accountant" in the Proposed Income Tax bill 2025 Here are the key reasons why CMAs should be included in the definition of "Accountant" in the proposed Income Tax bill 2025. 1.Equivalent taxation knowledge-: CMAs and CAs undergo the same level of taxation curriculum during their studies, covering Income Tax, GST, Transfer Pricing, and Tax Audit etc. 2.Government recognized tax work-: CMAs are already authorized to conduct GST Audits, Valuation under the Companies Act, and Special Audits under the Income Tax Act 3.Preventing monopoly & ensuring fair competition-: restricting taxation practice to only one professional body creates a monopoly, limiting taxpayer access to expert services and increasing compliance costs. 4.Contribution to Policy & Compliance-: CMAs have played a key role in GST implementation, tax planning, and compliance frameworks. Their expertise in cost management enhances tax efficiency for businesses. Excluding CMAs from the definition of "Accountant" under the Income Tax bill 2025 is not justified on competency grounds.Based on their recognized taxation expertise and contribution to tax compliance "Cost Accountants" must be included in the definition of "Accountant"to ensure fair opportunities and better tax services for businesses. |
21 Feb 2025, 09:14 AM |
| Santosh Sharma | Student | Kolkata | 21 Feb 2025, 09:14 AM | |
| Hasnath kr | Student | Kerala | 21 Feb 2025, 09:13 AM | |
| Nikhil parashar | Student | Faridabad | Great initiative | 21 Feb 2025, 09:13 AM |
| Prasant | Member | Khurda | Must be included in the definition of Accountant | 21 Feb 2025, 09:12 AM |
| Akash Bhardwaj | Student | ghaziabad | I would like to suggest for the Addition of Cost Accountant in the definition of Accountant amended in new Income Tax Bill | 21 Feb 2025, 09:12 AM |
| Parasharam Yallapa Patil | Others | Kolhapur | 21 Feb 2025, 09:12 AM | |
| Abhishek Jirawala | Student | Mumbai | 21 Feb 2025, 09:12 AM | |
| Rahul Dugal | Member | Kalyan | CMA should be included in Accountants definition section 515(3)(b) | 21 Feb 2025, 09:11 AM |
| Sushant ghadge | Member | Mumbai | For the growth of our Nation and journey towards Vikasit Bharat, it is crucial | 21 Feb 2025, 09:11 AM |
| Jahnavi | Hyderabad | 21 Feb 2025, 09:10 AM | ||
| Rohit Damale | Student | Chhtrpati sambhajinagar/Maharastra | 21 Feb 2025, 09:09 AM | |
| Puja saw | Student | Jharkhand | 21 Feb 2025, 09:08 AM | |
| Amit Jain | Student | Jharkhand | I support for that | 21 Feb 2025, 09:08 AM |
| Anjali Dharade | Student | Pune | CMA also capable to work like CA | 21 Feb 2025, 09:08 AM |
| Abhijeet Rajesh Gadge | Student | Jalna | CMA has vast and thorough knowledge of accounting and audit so deserve to be included in the definition of Accountant | 21 Feb 2025, 09:07 AM |
| Muhammed Mishal P | Student | Kozhikode | 21 Feb 2025, 09:06 AM | |
| Ajnas k | Student | Kerala | 21 Feb 2025, 09:06 AM | |
| Aakash Mehta | Member | Vadodara | I support the cause | 21 Feb 2025, 09:05 AM |
| Harikrishna Sai | Member | Hyderabad | I Support the Cause | 21 Feb 2025, 09:02 AM |
| CMA DEEPAK KUMAR | Member | JODHPUR, RAJASTHAN | It is high time to include Cost and Management Accountants' (CMA) in the definition of "Accountant" under Income Tax Act. The CMAs are well equipped with the provisions of Income Tax Acts and possess all required knowledge and skills to perform the Tax Audit. It will give equal opportunities to all professionals and increase the transparency in reporting to Govt. of India. | 21 Feb 2025, 09:01 AM |
| Asit Kumar Ganguly | Member | Maharashtra | It is ridiculous that "Accountants" do not include CMAs. It defeats the very premise enacted by the Parliament and it is handiwork of a few so called "Accountants" a large section of whom only bring disrespect to the true Accounting functions of the country, by making themselves agents of corruption and law breaking.Even the PM of the country had to rebuke them. The parliament should correct the situation | 21 Feb 2025, 08:59 AM |
| Tej shree Lohar | Student | Udaipur | . | 21 Feb 2025, 08:59 AM |
| Abida | Others | Malappuram | 21 Feb 2025, 08:57 AM | |
| Ezhil Kumaran | Student | Chennai | 21 Feb 2025, 08:56 AM | |
| Nazma Khatoon | Student | Howrah | CMA deserve Tax Audit | 21 Feb 2025, 08:55 AM |
| Steward S Soans | Member | Mumbai | CMA n CS should be included in accounting definition | 21 Feb 2025, 08:55 AM |
| MADHURI MAHARANA | Student | Mumbai City | Kindly include Cost Accountants in the definition of Accountant under new income tax bill | 21 Feb 2025, 08:54 AM |
| Sanjay | Student | Chennai, Tamil Nadu | 21 Feb 2025, 08:53 AM | |
| PAWAN SHRINIWAS MUNDADA | Member | AURANGABAD | inclusion of *Cost Accountants* in the Definition of " *Accountants* " as outlined in the Section 515(3)(b) under the proposed Income Tax Act- | 21 Feb 2025, 08:51 AM |
| Sidharth Gouatm | Student | Guwahati | 21 Feb 2025, 08:49 AM | |
| Pooja Vimal Kamat | Student | Pune | i request to add cma in accountant | 21 Feb 2025, 08:47 AM |
| Probinananda Mukherjee | Member | KOLKATA | To success Vikshit Bharat Programme, like other activities, it is essential to include and consider CMA professional as an Accountant in new Finance Bill 2025. | 21 Feb 2025, 08:47 AM |
| Deepti Rekha Sahoo | Student | Telangana | They've highlighted several reasons, are: - *Recognition by Parliament*: The Parliamentary Committee has recommended the inclusion of Cost Accountants in the definition of 'accountant' in its reports. - *Extensive curriculum coverage*: The CMA curriculum extensively covers Income Tax Law, making them well-equipped to handle tax-related roles. - *Disciplinary mechanism*: ICMAI has a robust disciplinary mechanism in place to ensure quality auditing services. |
21 Feb 2025, 08:47 AM |
| Lalitha | Student | Chennai | 21 Feb 2025, 08:47 AM | |
| Megh Zinzuvadia | Student | Junagadh | 21 Feb 2025, 08:47 AM | |
| Subba rao | Others | visakhapatnam | 21 Feb 2025, 08:46 AM | |
| Vasid malik | Student | Madhya Pradesh | 21 Feb 2025, 08:46 AM | |
| Srinu | Student | visakhapatnam | 21 Feb 2025, 08:46 AM | |
| Srujana | visakhapatnam | 21 Feb 2025, 08:45 AM | ||
| Suppu | Student | visakhapatnam | 21 Feb 2025, 08:45 AM | |
| Sidhartha Bhumij | Student | TINSUKIA | CMA must be included in the definition of "Accountant" of the New Income Tax Act-2025. | 21 Feb 2025, 08:44 AM |
| Supreeth | visakhapatnam | 21 Feb 2025, 08:43 AM | ||
| Krushik | Member | Ahmedabad | 21 Feb 2025, 08:42 AM | |
| Hemant Shanoj | Student | Thane | 21 Feb 2025, 08:42 AM | |
| Trupti Rekha Sahoo | Student | Telangana | They've highlighted several reasons, are: - *Recognition by Parliament*: The Parliamentary Committee has recommended the inclusion of Cost Accountants in the definition of 'accountant' in its reports. - *Extensive curriculum coverage*: The CMA curriculum extensively covers Income Tax Law, making them well-equipped to handle tax-related roles. - *Disciplinary mechanism*: ICMAI has a robust disciplinary mechanism in place to ensure quality auditing services. |
21 Feb 2025, 08:41 AM |
| Deepak kumar panigrahy | Member | Berhampur/ Odisha | 21 Feb 2025, 08:40 AM | |
| Santosh Prusty | Others | Navi Mumbai, Maharashtra | CMA professions should be included in the definition of "accountant". | 21 Feb 2025, 08:36 AM |
| Aswin D | Student | Kerala | 21 Feb 2025, 08:33 AM | |
| Sravya Buruguru | Others | Hyderabad | 21 Feb 2025, 08:33 AM | |
| Akhilesh | Member | Andhra Pradesh | 21 Feb 2025, 08:31 AM | |
| CMA Kazi M Riyazuddin | Member | Navi Mumbai | Cost Accountant is an accountant. I support the cause | 21 Feb 2025, 08:31 AM |
| Tanmay Maken | Student | Ranchi | 21 Feb 2025, 08:31 AM | |
| Suchismita Kar | Student | Kharagpur | 21 Feb 2025, 08:31 AM | |
| VIJAYKUMAR C SOLANKI | Others | Thane | Include CMAs in Accountants Definition | 21 Feb 2025, 08:29 AM |
| Khushi Khandelwal | Student | Durg | 21 Feb 2025, 08:29 AM | |
| SANNU KUMAR THAKUR | Student | Ranchi | I support the cause | 21 Feb 2025, 08:28 AM |
| Namita | Student | Odisha | "As a CMA student, I strongly support including 'Cost Accountant' in the definition of "ACCOUNTANT" in the Income Tax Act-2025. This recognition will enhance our professional status and acknowledge our contribution to the economy. I urge Parliament to consider this petition." #RecognizeCostAccountants | 21 Feb 2025, 08:27 AM |
| Hemant Paranjape | Member | Mumbai | 21 Feb 2025, 08:26 AM | |
| Aneesh | Student | Madurai Tamil Nadu | I am whole heartedly supporting CMA Institute fighting for inclusion of CMA in new income tax bill and I vouch for the better action taken from the government end | 21 Feb 2025, 08:25 AM |
| Lokesh singh | Student | New Delhi | Recognizing CMAs for tax audits will increase competition, drive higher standards, and support a more robust financial ecosystem in India. | 21 Feb 2025, 08:25 AM |
| Shalu kumari | Student | Delhi | Its should be included in the Accountant definition. | 21 Feb 2025, 08:23 AM |
| R Rajesh Rao | Student | Chennai Tamilnadu | 21 Feb 2025, 08:23 AM | |
| Naresh Kumar Jethwani | Member | Navi Mumbai | CMA has vast and thorough knowledge of accounting and audit thus deserve to be included in the definition of Accountant | 21 Feb 2025, 08:21 AM |
| Supriya dayanand damdhere | Student | Pune/maharashtra | I like direct tax as well as cost so i decided to do 2yrs rather than 1.5 yrs articleship. 1yr in ca firm 1tr in cma firm. Now I joined CA firm where I am learning many things but being a fucture CMA I can't implement all those in my practice/working . I am also going to do articleship in cma firm to explore my another intrest costing. So students like me who are future cma are looking for such opportunities to do successful career in Income tax also. | 21 Feb 2025, 08:19 AM |
| Lakshmeesha M K | Student | Bangalore | 21 Feb 2025, 08:16 AM | |
| Vijesh | Others | Chennai | I support the cause | 21 Feb 2025, 08:14 AM |
| Priyanka | Others | Chennai | 21 Feb 2025, 08:13 AM | |
| Prakhar | Student | Meerut | 21 Feb 2025, 08:13 AM | |
| Ishita Ghosh | Others | Kolkata | CMA must be included in the new income tax act in the definition of Accountant. | 21 Feb 2025, 08:12 AM |
| Pratik Shah | Member | Ahmedabad | We CMAs are as competent as CAs as we also possess indepth knowledge in direct taxation | 21 Feb 2025, 08:11 AM |
| Niharika Sondhi | Student | New Delhi | 21 Feb 2025, 08:10 AM | |
| Srikanta Kumar Nayak | Member | Bhadrak Odisha | 21 Feb 2025, 08:09 AM | |
| Jangam Nagaraju | Student | Telangana | CMAs must be included in the definition of accountent of the income tax bill 2025. | 21 Feb 2025, 08:09 AM |
| Narasimha | Student | Vijayawada | Me also professionals full knowledge income tax | 21 Feb 2025, 08:08 AM |
| Prasanta Kumar Swain | Student | Jharsuguda | Cost and Management Accountants are equivalent to Chartered Accountants so Cost and Management Accountants are to be included in your income tax Act in the definition of Accountant. | 21 Feb 2025, 08:06 AM |
| Dayashankar Sharma | Member | Nagpur | Include Cost Accountants in the definition of Accountant. | 21 Feb 2025, 08:03 AM |
| Rajesh Viswanathan | Member | Thane | Yes Voted | 21 Feb 2025, 08:02 AM |
| NETTEM PRASAD | Member | Anantapur | Cma should be included in the accountant definition under income tax act | 21 Feb 2025, 08:00 AM |
| Kunal Kare | Student | Bhilai | 21 Feb 2025, 07:59 AM | |
| Kumaran TGB | Member | Navi Mumbai | 21 Feb 2025, 07:57 AM | |
| Fathima Parveen | Member | I support for the inclusion of CMA’s in accountant definition | 21 Feb 2025, 07:57 AM | |
| Partha Sarathi Mukherjee | Kolkata | 21 Feb 2025, 07:56 AM | ||
| Ritu Shehawat | Member | Navi Mumbai | Yes I support | 21 Feb 2025, 07:55 AM |
| CMA Pradeep Muduli | Member | Cuttack/Odisha | I would like to specify some valid reasons why we should be treated as Accountant 1.Comprehensive education: Our syllabus covers all taxation aspects, similar to a Chartered Accountant (CA) syllabus. 2.Expertise in tax laws and regulations: we're well-versed in Income Tax and GST Act laws and regulations.Thats the reason we are eligible for GST Audit then why not for Tax audit. 3.The term "Accountant" is already embedded in the title "Cost Accountant".This implies that a Cost Accountant is, by definition, an accountant who specializes in cost accounting. Therefore, the phrase "Cost Accountant" inherently includes the concept of an accountant. 4.Illogical Presentation by CA institute: The CA institute's argument appears to be based on protecting their turf rather than logical, fact-based reasoning.As they don't have any valid reason that's why they are only diverting the topic by saying Tax audit is our forte.Its not a positive sign of a democratic country like India to maintain the monopoly of one profession by eroding the value of another profession. 5.Historical Timing:If Our ACT had been enacted simultaneously with CA then we all would have treated as equal.Due to some time gap they got the status only and it becomes their forte. Conclusions:I Strongly believe that the our country will give equal opportunities to all the professionals as per their efforts and expertise rather based on illogical facts to maintain unfair monopoly of a particular sector,if not Give us a VALID REASON only. |
21 Feb 2025, 07:53 AM |
| Abhishek Aswal | Student | New Delhi | Yes cost accountants should be included in the definition of accountants | 21 Feb 2025, 07:51 AM |
| Anu Radha | Dindigul | There should be no monopoly CMA s should be included in tax audits | 21 Feb 2025, 07:49 AM | |
| Sukanya Balasubramanian | Member | Mumbai | With dynamic changing laws , the age old scope should also be redefined. | 21 Feb 2025, 07:46 AM |
| V karunakar Reddy | Member | Anantapur | 21 Feb 2025, 07:44 AM | |
| Ravi Monga | Member | New Delhi | CMA inclusion is Mandatory for Viksit Bharat 2047 Vision | 21 Feb 2025, 07:41 AM |
| Dhruhi Jigneshbhai Patel | Student | Gujarat | petitioning the Parliament for the inclusion of Cost Accountants in the Definition of " Accountants " as outlined in the Section 515(3)(b) under the proposed Income Tax Act-2025 | 21 Feb 2025, 07:39 AM |
| Shashank | Student | Delhi | 21 Feb 2025, 07:38 AM | |
| Koteswara rao | Member | Andhra pradesh | We have equal eligibility to be included in account in DT bill | 21 Feb 2025, 07:38 AM |
| Shashank | Student | Delhi | We also have knowledge of taxes and audit and competent to conduct tax audit | 21 Feb 2025, 07:37 AM |
| Dalwinder Singh | Member | Jharkhand | 21 Feb 2025, 07:28 AM | |
| Anusha | Student | Chennai/ Tamilnadu | A genuine request to include CMA in accountant defination | 21 Feb 2025, 07:28 AM |
| Dharmishta Patel | Others | Navi Mumbai | I agree that CMA’s should be included in the definition of Accountant to wider their scope of work | 21 Feb 2025, 07:27 AM |
| Bhargavi G | Member | Chennai | Include Cost Accountants in the definition of Accountant | 21 Feb 2025, 07:25 AM |
| Kedar Raut | Student | pune | Cost accountants are the most needed professionals in the current market, it is essential to include cost accountants in the definition of accountants, because that definition will be meaningless without the term "cost accountants " | 21 Feb 2025, 07:22 AM |
| Debajyoti Roy | Member | NAVI Mumbai Maharashtra | Cost Accounting is such a profession which only can point out the sources of corruption in business for government control. | 21 Feb 2025, 07:21 AM |