| Name | Category | City | Message | Date |
|---|---|---|---|---|
| Saish Shinde | Student | Kolhapur | Currently pursuing CMA Intermediate.. I fully support the inclusion of cost accountants in income tax audit. This will ensure parity in terms of power allocation to all professionals. | 20 Feb 2025, 07:24 PM |
| Narayanan | Student | Chennai | 20 Feb 2025, 07:24 PM | |
| NAMAN RAJ SHARMA | Student | Hazaribag | Significant expertise and knowledge that Cost Accountants (CMAs) possess in taxation, financial analysis, and compliance. CMAs are equally competent to conduct tax audits, similar to Chartered Accountants. | 20 Feb 2025, 07:24 PM |
| RASHMI RANJAN MOHANTY | Student | ODISHA | PETITION TO THE PARLIAMENT FOR INCLUSION OF "COST ACCOUNTANT" IN THE DEFINITION OF "ACCOUNTANT" IN THE NEW INCOME TAX BILL-2025 | 20 Feb 2025, 07:24 PM |
| PARIKHIT BEHERA | Member | Talcher | Yes. | 20 Feb 2025, 07:23 PM |
| Anand Manohar Shembekar | Member | Maharashtra | Cost Accountant must be included in the definition of Accountant under New Income Tax Bill, 2025 | 20 Feb 2025, 07:23 PM |
| MANASI MOHANTY | Others | Dhenkanal | 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. |
20 Feb 2025, 07:22 PM |
| vignesh ravi | Student | Tamilnadu | 20 Feb 2025, 07:22 PM | |
| CMA Lingaraj Swain | Member | Bhubaneswar | 20 Feb 2025, 07:22 PM | |
| G Santosh kuamr | Student | Berhampur | I strongly support the cause, there is no difference in both the professions in terms of academics, Ethical Rules & Regulations, Knowledge, Competency and hence should make the necessary ammendment in the Income Tax Bill, 2025 to incorporate Cost Accountant in the definition of Accountant. 20-02-2025 | 20 Feb 2025, 07:22 PM |
| Shrinivas Dalave | Student | Pune | 20 Feb 2025, 07:22 PM | |
| Edveena Vinsan | Student | Trichur | 20 Feb 2025, 07:22 PM | |
| Rasmiranjan Maharana | Student | Odisha | In this modern era, CMAs are far much efficient to conduct tax audit. They have enough knowledge to conduct tax audit with higher efficiency. | 20 Feb 2025, 07:22 PM |
| Sandeep Jaiswal | Student | Kolkata | 20 Feb 2025, 07:22 PM | |
| Gaurav tangade | Student | Aurangabad Maharashtra | 20 Feb 2025, 07:21 PM | |
| Ashok Kumar Verma | Member | Bangalore/ karnataka | CMA's are equally capable to render their services to nation. So many times CMA has proved their skills for the benefit of nation and society as well. Govt must equally treat the institute without any bias. | 20 Feb 2025, 07:21 PM |
| Prashant Varshney | Member | Hathras | 20 Feb 2025, 07:21 PM | |
| Kajan Thiruvenkadam | Student | Chennai | 20 Feb 2025, 07:21 PM | |
| ameer | Student | kerala | include cma in the definition of Accountant u/s515(3)(b) |
20 Feb 2025, 07:21 PM |
| CMA Rohan Bimal Gupta | Others | Kolkata, West Bengal | Tax Audit should also be conducted by CMA's. | 20 Feb 2025, 07:21 PM |
| CMA Rana Bose | Member | Guwahati | Cost Accountants are professionally competent for inclusion in the definition of Accountant in the New Income Tax Bill 2025 |
20 Feb 2025, 07:20 PM |
| Lakshay | Student | Chennai | CMA'S are still considered incompetent of tax related fields which is not true as we have papers like direct and international tax | 20 Feb 2025, 07:20 PM |
| moorthy | Student | coimbatore | 20 Feb 2025, 07:20 PM | |
| Nitin | Others | Pune | I am supporting the petition | 20 Feb 2025, 07:20 PM |
| Subhangi Sinha | Patna/ Bihar | 20 Feb 2025, 07:20 PM | ||
| SUJIT PADHI | Others | BHAWANIPATNA | 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. |
20 Feb 2025, 07:19 PM |
| Sana Fathima | Student | Calicut | "I support AICMAA's petition to recognize Cost Accountants in the definition of 'Accountant' under Section 515(3)(b) of the proposed Income Tax Bill 2025. I urge Parliament to consider this demand and provide the necessary recognition to Cost Accountants." 1. Equal Recognition: Cost Accountants play a crucial role in financial management and taxation. They deserve equal recognition and respect as other accounting professionals. 2. Expertise in Cost Accounting: Cost Accountants specialize in cost accounting, financial planning, and taxation. Their expertise is essential for businesses to make informed decisions. 3. Contribution to Economy: Cost Accountants contribute significantly to the economy by providing valuable insights and guidance to businesses, helping them optimize costs and improve profitability. 4. Alignment with Global Standards: Recognizing Cost Accountants as "Accountants" aligns with global standards and best practices, promoting consistency and clarity in the accounting profession. 5. Enhanced Career Opportunities : Inclusion in the definition of "Accountant" will open up more career opportunities for Cost Accountants, allowing them to work in a wider range of roles and industries. 6. Better Representation: Recognizing Cost Accountants will provide them with a stronger voice and better representation in the accounting profession, enabling them to contribute more effectively to policy-making and standard-setting. 7. Increased Credibility: Inclusion in the definition of "Accountant" will enhance the credibility and reputation of Cost Accountants, both domestically and internationally. 8. Support for Small and Medium Enterprises (SMEs): Cost Accountants often work with SMEs, providing them with critical financial guidance and support. Recognizing Cost Accountants will help SMEs access more skilled professionals. |
20 Feb 2025, 07:19 PM |
| Mahima Tiwari | Student | Chhattisgarh | 20 Feb 2025, 07:19 PM | |
| Sahil Gupta | Student | Bhilai Chhattisgarh | We study all the syllabus same sa CA students, we do need to be defined as Accountant | 20 Feb 2025, 07:19 PM |
| Omkar Sonawane | Student | Aurangabad | Well I am a CMA aspirant so it would be awesome for us(CS and CMA) students to explore more than costing and auditing field which will greatly impact on our high efficiency of vast thinking. So I personally recommend to include, and have us studying taxation | 20 Feb 2025, 07:18 PM |
| Zoya Shabeeh | Lucknow | 20 Feb 2025, 07:18 PM | ||
| RUDRADEV KHATUA | Student | KENDRAPARA | 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. |
20 Feb 2025, 07:18 PM |
| Arpan Bhattacharjee | Student | West Bengal | 20 Feb 2025, 07:18 PM | |
| R.KUMARAVEL | Member | Navi Mumbai Maharashtra | Law must provide equal opportunity to CMAs at par with CAs. | 20 Feb 2025, 07:18 PM |
| Rohin | Student | we cma's also need the same recognition as others aswell |
20 Feb 2025, 07:17 PM | |
| MEHEBOOB MOLLA | Others | CUTTACK | 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. |
20 Feb 2025, 07:17 PM |
| Vivek Ramdas Choudhari | Others | Pune Maharashtra | Cost Accountants are integral to the financial and taxation domain. Recognizing them in the definition of 'Accountant' will be a step toward acknowledging their contributions and ensuring fair professional opportunities. | 20 Feb 2025, 07:16 PM |
| Prerana Sarang | Student | Ratnagiri | 20 Feb 2025, 07:16 PM | |
| PABITRA JENA | Student | Baleswar | 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. |
20 Feb 2025, 07:15 PM |
| Jose Thomas | Member | Ernakulam | I agree | 20 Feb 2025, 07:15 PM |
| Nibedita Dash | Member | Odisha | CMAs should be included in the Definition of ACCOUNTANT | 20 Feb 2025, 07:14 PM |
| Amisha Mohanta | Student | ROURKELA | 20 Feb 2025, 07:14 PM | |
| AJAY KUMAR DASH | Others | KENDRAPARA | 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. |
20 Feb 2025, 07:14 PM |
| Mohammed Thahir | Student | Chennai | 20 Feb 2025, 07:13 PM | |
| Dr GK Sharma | Cuttack, Odisha | 20 Feb 2025, 07:13 PM | ||
| Ajay kumar M | Student | Kerala | We study almost similar material of CA of Direct Tax so we also eligible for tax audit | 20 Feb 2025, 07:13 PM |
| Rohan Kumar Thakur | Student | Kolkata | I support the initiative of AICMAA by petitioning the parliament for the inclusion of 'Cost accountants' in the definition of 'Accountant'. | 20 Feb 2025, 07:13 PM |
| Ishika sahu | Student | Ranchi/jharkhand | 20 Feb 2025, 07:12 PM | |
| Isha sinha | Student | Bhilai Chhattisgarh | Equal profession value | 20 Feb 2025, 07:12 PM |
| Ajil Vincent | Member | Kochi | 20 Feb 2025, 07:11 PM | |
| Sanu KB | Member | Kerala | 20 Feb 2025, 07:11 PM | |
| BIJAY KUMAR SAMAL | Others | CUTTACK | 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. |
20 Feb 2025, 07:11 PM |
| Raunak Singh | Student | PRATAPGARH-UP | 20 Feb 2025, 07:11 PM | |
| Saiganesh Santosh Kanchankar | Student | Chhatrapati Sambhaji Nagar, Maharashtra | 20 Feb 2025, 07:11 PM | |
| Ranojoy Barik | Student | HOWRAH | 20 Feb 2025, 07:11 PM | |
| Raushan Kumar | Student | Delhi | 20 Feb 2025, 07:10 PM | |
| Parmanand Swaroop | Member | Jharkhand | I support inclusion of cma's for conducting Tax Audit under new Income tax bill. | 20 Feb 2025, 07:10 PM |
| PAWAN SHAW | Student | HOWRAH | Yes, I support. | 20 Feb 2025, 07:10 PM |
| Abidharani | Student | Rajapalayam/ Tamilnadu | I support the cause. | 20 Feb 2025, 07:10 PM |
| Ashutosh yadav | Student | Raipur | 20 Feb 2025, 07:10 PM | |
| ARNAPURNA SAMAL | Others | CUTTACK | 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. |
20 Feb 2025, 07:09 PM |
| shantilal menariya | Member | Karjali | Dear Sir, As cost accountants, we study the income tax subject at a level equivalent to the syllabus of chartered accountants. In light of India's evolving needs, we respectfully request to be included in the definition of "accountant" under the proposed Income Tax Bill 2025. |
20 Feb 2025, 07:09 PM |
| Aishwarya Purandare | Student | Mumbai | The scope of the definition of accountant should also include Cost accountants. | 20 Feb 2025, 07:09 PM |
| Rohith | Student | Hyderabad | Add CMA in Accountant definition | 20 Feb 2025, 07:08 PM |
| D.S.SUMIKSHITHA | Student | Hyderabad Telangana | 20 Feb 2025, 07:08 PM | |
| SHIBIN C. S. | Student | Kelara | 20 Feb 2025, 07:08 PM | |
| Shradha Maruti Patil | KOLHAPUR | 20 Feb 2025, 07:08 PM | ||
| Tushar Kore | Student | Pune, Maharashtra | I strongly support the cause, there is no difference in both the professions in terms of academics, Ethical Rules & Regulations, Knowledge, Competency and hence should make the necessary ammendment in the Income Tax Bill, 2025 to incorporate Cost Accountant in the definition of Accountant. | 20 Feb 2025, 07:08 PM |
| Insha Gaffar shaikh | Student | Maharashtra | Cost and management accountant should be included in the definition of Accountants. | 20 Feb 2025, 07:08 PM |
| Raghunath Jha | Kolkata | 20 Feb 2025, 07:07 PM | ||
| Saran .s | Student | Tamil Nadu | Please include cost accountants in new income tax code | 20 Feb 2025, 07:07 PM |
| Rabinarayan Swain | Student | Odisha, bhubaneswar | Inclusion of name of cost accountant as an accountant defenition is reliable ,we also have same as much capability of this .we also aware about the laws and the procedure. | 20 Feb 2025, 07:07 PM |
| Ankit Sinha | Student | Pune | I support the petition for inclusion of CMA in New Income Tax Act 2025 | 20 Feb 2025, 07:07 PM |
| Sakshi | Student | Nashik | Please support | 20 Feb 2025, 07:07 PM |
| Mrunali Patil | Member | Gujarat | I strongly support the inclusion of Cost and Management Accountants (CMA) under the definition of 'accountant' in the new Income Tax Act of 2025. CMAs, as members of the Institute of Cost Accountants of India (ICMAI), are highly qualified professionals with a deep understanding of financial management, cost analysis, and taxation. Their expertise in cost accounting and management plays a crucial role in enhancing the financial transparency and efficiency of businesses, which is vital for tax planning and compliance. Recognizing CMAs within the definition of an 'accountant' will not only empower them to contribute more effectively to India's financial ecosystem but will also align the legal framework with the evolving role of accounting professionals in the country." | 20 Feb 2025, 07:07 PM |
| Sneha Maji | Student | Kolkata | 20 Feb 2025, 07:07 PM | |
| Harish Polu | Gangireddy Palem | We deserve that title too | 20 Feb 2025, 07:07 PM | |
| SIBAPRASAD MALLA | Others | CUTTACK | 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. |
20 Feb 2025, 07:07 PM |
| Rishabh Nayak | Student | Bhilai, Chhattisgarh | 20 Feb 2025, 07:06 PM | |
| Sunny | Student | Chennai | Sir, please include the cost accountant in definition of accountant provided by income tax | 20 Feb 2025, 07:06 PM |
| Sarthak Shah | Others | Vadodara, Gujarat | 20 Feb 2025, 07:06 PM | |
| CMA SUSHIL Karalkar | Member | Mymbai | 20 Feb 2025, 07:06 PM | |
| Shraddha Patil | Kolhapur | 20 Feb 2025, 07:06 PM | ||
| Ansu joseph | Haripad/kerala | 20 Feb 2025, 07:06 PM | ||
| Ayush Modi | Student | Surat | Give the right of Tax Audit to Cost Accountant. | 20 Feb 2025, 07:06 PM |
| Suraj Rajendra Tawar | Student | Aurangabad, Maharashtra | Include Cost & management accountant in the definition of on accountant as outlined in the section 515(3)(b) under the proposed income tax act -2025 | 20 Feb 2025, 07:06 PM |
| Kanishka Gupta | Student | Jaipur | 20 Feb 2025, 07:05 PM | |
| Raktim Kr Gogoi | Student | Assam | INCLUSION OF "COST ACCOUNTANT" IN THE DEFINITION OF "ACCOUNTANT" IN THE NEW INCOME TAX BILL-2025 | 20 Feb 2025, 07:05 PM |
| Sajeesh | Student | Chennai/tamilnadu | I am supporting to include cost accountant in the definition provided by income tax | 20 Feb 2025, 07:04 PM |
| Vinit Amberkar | Student | Mumbai | 20 Feb 2025, 07:04 PM | |
| SUJIT PADHI | Student | BHUBANESWAR | 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. |
20 Feb 2025, 07:04 PM |
| R Lakshman | Student | Tamilnadu | Kindly include CMA in the definition of Accountant. All accounting professions are equally recognised | 20 Feb 2025, 07:04 PM |
| Padmaja Kotana | Student | Visakhapatnam | CMA exams and syllabus are 90% equal to CA Than why not CMAs can’t get right in Tax Audit |
20 Feb 2025, 07:03 PM |
| Divyalakshmi | Student | Chennai | It would be beneficial to include a definition of CMA (Certified Management Accountant) within the petition to clarify its significance in the accounting profession. This will help emphasize the role of CMAs in financial management, strategic decision-making, and cost control, strengthening the petition’s argument | 20 Feb 2025, 07:03 PM |
| Sameer rajpal | Member | Noida | Became Member of such prestigious institute in 2014 sincerely support this to include cost accountant in the definition of accountant in the new income tax bill 2025. As it will give equally opportunity to the members of our institute and there should not any monopoly of any institute | 20 Feb 2025, 07:03 PM |
| Aditya kumar | Student | Hyderabad | Cost accountants also hold a significant and competent knowledge in field of taxation. | 20 Feb 2025, 07:02 PM |
| ROHAN ASHT | Student | Delhi | Allowing CMAs in tax audits will enhance compliance, improve audit quality, reduce workload on existing professionals, and create more opportunities, strengthening India’s financial and regulatory system. | 20 Feb 2025, 07:02 PM |
| Vishal Kumar | Student | Ludhiana,Punjab | I support for the inclusion of tax audit for cost and management accountants I think we too eligible to do. So Yes I support the cause... | 20 Feb 2025, 07:02 PM |
| Ayush misal | Student | Pune | Add cost accountant name add in accountant definition in New income tax act 2025 | 20 Feb 2025, 07:01 PM |
| Subham Pattnaik | Odisha | I support for the inclusion of tax audit for cost and management accountants I think we too eligible to do | 20 Feb 2025, 07:00 PM |