| Name | Category | City | Message | Date |
|---|---|---|---|---|
| Neha | Uttarakhand | 25 Feb 2025, 12:15 PM | ||
| Satya Prakash verma | Sultanpur | 25 Feb 2025, 12:13 PM | ||
| Prahallad Mohanty | Student | Odisha | We need tax audit | 25 Feb 2025, 12:11 PM |
| Arpana Sutradhar | Student | Chennai | Income tax should include CMA's | 25 Feb 2025, 11:57 AM |
| somanath panda | odisha | Cost Accountants should be included in the definition of Accountant and should be able to file TDS Returns and any returns pertaining to Income Tax | 25 Feb 2025, 11:55 AM | |
| WILSON PAUL BADDE | Others | HYDERABAD | Looking at the broader picture, it’s apparent that Cost Accountants are highly qualified to handle taxation and tax audits. Their training in Income Tax Law, coupled with their experience in managing costs and ensuring compliance, positions them as equals to other accounting professionals. Therefore, it seems only fair and logical that Cost Accountants be included in the definition of Accountant within the Income Tax Bill - 2025. This would provide a clear reflection of modern accounting practices and ensure that the role of CMA professionals is duly recognized within the legal framework of taxation. | 25 Feb 2025, 11:55 AM |
| SWATHI PENNAM | Others | ANDHRA PRADESH | Observing the practices of accounting professionals around the world, it is clear that the role of Cost Accountants has evolved to encompass not only cost management but also significant aspects of taxation and tax audits. Many countries recognize Cost Accountants as equals to other accounting professionals, particularly when it comes to handling complex tax matters. Therefore, it makes sense to align India's Income Tax Bill - 2025 with global standards by including CMA professionals under the definition of Accountants. This would not only ensure that their contribution to tax compliance is recognized but would also enhance India’s position as a progressive nation with a well-defined accounting and taxation framework. | 25 Feb 2025, 11:54 AM |
| PRADEEP KATTA | Others | ANDHRA PRADESH | As someone who values the importance of clear professional recognition, I strongly support the inclusion of Cost Accountants (CMAs) in the definition of Accountant under the Income Tax Bill - 2025. Over the years, CMA professionals have demonstrated deep expertise in the areas of taxation, tax audits, and financial management. Their specialized knowledge in these areas qualifies them to carry out tasks that are integral to the financial health of an organization and the economy at large. By acknowledging them as Accountants, the law would more accurately reflect their skills and ensure that they are afforded the same recognition as other accounting professionals. | 25 Feb 2025, 11:53 AM |
| SIVARAM CHAVA | Others | ANDHRA PRADESH | In my view, the definition of Accountant in the Income Tax Bill - 2025 should be inclusive of Cost Accountants, who possess specialized knowledge in taxation and tax audits. Including them will ensure that the profession is more comprehensive and that all qualified professionals are recognized accordingly. | 25 Feb 2025, 11:52 AM |
| KARTHIK VARMA DATLA | Others | HYDERABAD | Having observed the increasing demand for professionals capable of managing complex tax and financial matters, I fully support the inclusion of Cost Accountants in the definition of Accountant under the Income Tax Bill - 2025. Their qualifications and contributions are indispensable in today’s tax system. | 25 Feb 2025, 11:52 AM |
| VENKATA RAMARAJU KUCHARALAPATI | Others | ANDHRA PRADESH | As an observer of the accounting profession, it is evident that Cost Accountants are equipped with the same level of expertise in taxation as other accountants. Therefore, I strongly support the request for their inclusion in the definition of Accountant in the Income Tax Bill - 2025 | 25 Feb 2025, 11:52 AM |
| SOMASEKHARAM BANDA | Others | ANDHRA PRADESH | As someone observing the development of India’s tax and financial systems, I feel that Cost Accountants have demonstrated sufficient expertise in taxation and should be formally included in the Income Tax Bill - 2025 as Accountants. This would ensure their full participation in the country's economic development | 25 Feb 2025, 11:51 AM |
| DINESH DEVIREDDY | Others | HYDERABAD | From an outsider’s viewpoint, it is clear that Cost Accountants (CMAs) possess the necessary skills to handle taxation, tax audits, and financial reporting. I believe their inclusion in the legal definition of Accountant would enhance the overall functioning of the taxation system in India. | 25 Feb 2025, 11:51 AM |
| HARIKA VENKATA LAKSHMI UDDARAJU | Others | ANDHRA PRADESH | As an individual who recognizes the importance of inclusive professional recognition, I firmly support the inclusion of Cost Accountants in the definition of Accountant under the Income Tax Bill - 2025. Their expertise in taxation and financial management deserves to be acknowledged alongside other accounting professionals. | 25 Feb 2025, 11:50 AM |
| Abhinav Kumar | Member | Ranchi | CMA should also get tax audit. | 25 Feb 2025, 11:49 AM |
| JITENDRIYA MOHANTY | Member | Bhubaneswar | We are so capable to handle Tax laws | 25 Feb 2025, 11:48 AM |
| Dhivyaganapathy | Student | Tamilnadu | 25 Feb 2025, 11:45 AM | |
| Narayan Raghunath Ghule | Member | Pune | 25 Feb 2025, 11:40 AM | |
| Tushar | Student | Delhi | 25 Feb 2025, 11:34 AM | |
| pranay kumar | Student | Odisha | 25 Feb 2025, 11:29 AM | |
| Basudev Bisoi | Student | Cuttack | I support | 25 Feb 2025, 11:23 AM |
| Dhivakar | Puducherry | We need the recognition for the CMA | 25 Feb 2025, 11:21 AM | |
| Subrahmanya Hegde | Student | Bengaluru | The All India Cost & Management Accountants Association (AICMAA) is advocating for the inclusion of Cost Accountants in the definition of "Accountant" under Section 515(3)(b) of the Income Tax Bill 2025. | 25 Feb 2025, 11:18 AM |
| Dishani Das Choudhury | Student | Shillong, Meghalaya | I support the cause | 25 Feb 2025, 11:17 AM |
| Madhumitha | Villianur | We need the recognition for the CMA | 25 Feb 2025, 11:16 AM | |
| Lohitha | Puducherry | We need the recognition for the CMA | 25 Feb 2025, 11:12 AM | |
| Jayashree | Pondicherry | We need the recognition for CMA | 25 Feb 2025, 11:09 AM | |
| Varun Patwa | Member | Delhi | CMA should be included in the definition of accountant | 25 Feb 2025, 11:09 AM |
| J lalit patra | Student | Berhampur/odisha | Cma should included in the definition of accountant because their in-depth knowledge in income tax law, transfer pricing, corporate law make them well equipped to contribute direct tax compliance as well. | 25 Feb 2025, 11:06 AM |
| NigarJahan | Student | Kolkata | Please include Cost accountant in the definition of accountant | 25 Feb 2025, 10:58 AM |
| BATAKRISHNA MOHAPATRA | Member | Bhubaneswar | Cost Accountants should include in the definition of Accountant. In comparison with CAs, there's no any cause for excluding CMAs in tax audit,i feel it is only power of lobby of CAs & they influence to politician and the government to exclude CMAs for their monopoly market.Goverment should understand these thing. For easy doing business, professional person in practice level should be increase without monopoly. New business start-up also day to day increase which is good sign for future India,so it is very very necessary to include cost accountants for future growth of india. |
25 Feb 2025, 10:57 AM |
| Akhil Goyal | Student | Chhattisgarh | Having the capability to do so. | 25 Feb 2025, 10:53 AM |
| Indramani Meher | Others | Balangir Odisha | Support it | 25 Feb 2025, 10:53 AM |
| Pitambar Nag | Others | Balangir Odisha | I support it | 25 Feb 2025, 10:51 AM |
| Ashish Maheshwari | Surat | I am qualified CMA doing well with my job, I am in support with the other members & Students who want to enroll their career in tax & tax audit field and also trained in the same field with their keen interest in same field. So I support and want to get inclusion of CMA's also for Tax Audit. | 25 Feb 2025, 10:45 AM | |
| BIJAYLAXMI BEHERA | Member | Bhubaneswar | I support the cause. | 25 Feb 2025, 10:45 AM |
| Utkarsh Gupta | Student | Unnao/Uttar Pradesh | If it's being taught in the curriculum then it's shouldn't be a question to ask! | 25 Feb 2025, 10:41 AM |
| NITISH KUMAR SHARMA | Student | KOLKATA | As a CMA Final student, I strongly support the inclusion of Cost and Management Accountants (CMAs) in the New Income Tax Act-2025. CMAs play a crucial role in financial management, cost control, and taxation, contributing significantly to the country's economic framework. Recognizing CMAs in the new tax law will ensure a broader, more efficient tax compliance system while utilizing our expertise in direct and indirect taxation. I urge the authorities to consider this petition and provide CMAs with the recognition they rightfully deserve. | 25 Feb 2025, 10:37 AM |
| Sayantan Das | Student | West Bengal | 25 Feb 2025, 10:37 AM | |
| Mohan Gawade | Student | Mumbai | Include cost Accountant in defination of Accountant under proposed income tax bill 2025 | 25 Feb 2025, 10:26 AM |
| Naman Maru | Student | Mumbai - Maharashtra | We respectfully petition to amend the definition of 'accountants' in the new DTC bill to include Cost and Management Accountants (CMAs) alongside Chartered Accountants (CAs). The syllabus and training requirements for CMAs are substantially similar to those of CAs, with a focus on financial management, accounting, and taxation. As a result, CMAs possess equivalent expertise and competencies, enabling them to provide similar services to CA's. | 25 Feb 2025, 10:24 AM |
| GUTTIKONDA MAHABOOB SUBHANI | Member | Hyderabad | WE CMA S HAVE REQUISITE TRAINING AND EXPOSURE TO BE CONSIDERED AS ACCOUNTANT UNDER INCOME TAX | 25 Feb 2025, 10:20 AM |
| Phani kiran | Others | Delhi | 25 Feb 2025, 10:10 AM | |
| Shaikh Rozi | Student | Maharashtra | I support | 25 Feb 2025, 10:07 AM |
| Ratheesh Kumar | Member | Ernakulam | Cost and Management Accountants also possess the same quality in academics and professional expertise to be included as Accountants | 25 Feb 2025, 10:07 AM |
| Balaji Sunkara | Others | Pune | I am a central govt employee and I strongly support this petition | 25 Feb 2025, 10:06 AM |
| Ritesh Singh | Others | Maharashtra | Tax audit to be given to all profession CA monopoly is harming our nation | 25 Feb 2025, 10:00 AM |
| M Satish | Others | Visakhapatnam | I support the cause!! CA's should not have monopoly on tax audits | 25 Feb 2025, 09:56 AM |
| Gopal | Member | Morni | It must be in the same way as it required. | 25 Feb 2025, 09:47 AM |
| Alex.R | Others | Tamilnadu | 25 Feb 2025, 09:46 AM | |
| Anil Kumar Goyal | Member | Guwahati | 25 Feb 2025, 09:44 AM | |
| Rimpi Murpana | Student | Mumbai - Maharashtra | Support | 25 Feb 2025, 09:43 AM |
| Vedika Sethi | Student | Guwahati | 25 Feb 2025, 09:39 AM | |
| Arun Mehra | Member | Gurgaon | It is fair that CMAs get their due! | 25 Feb 2025, 09:36 AM |
| Shahid | Others | Maharashtra | Include cma | 25 Feb 2025, 09:33 AM |
| Chandrima Banerjee | Member | Kolkata | The definition of cost and works accountant is in anamoly with the definition of accountants in Income tax Act | 25 Feb 2025, 09:22 AM |
| Adiba Ali | Kolkata | 25 Feb 2025, 09:18 AM | ||
| AMIYA MAITI | Student | Kolkata | 25 Feb 2025, 09:12 AM | |
| Sandeep Kumar Nayak | Student | Bhubaneswar | 25 Feb 2025, 09:10 AM | |
| ACMA BHASKAR SADHUKHAN | Member | KOLKATA | I am an associate member of the Institute and I want CMAs to be added in the definition of Accountants in New Income Tax Act 2025. | 25 Feb 2025, 09:03 AM |
| LEENA SANDIP MURKUTE | Member | MUMBAI | In India CMAs are equally recognised with chartered accountants, as having equal expertise in auditing, tax planning, financial management, corporate and other statutory governance. Many countries unlike India, recognise multiple professional bodies for the taxation work. To restrict monopolistic practices in taxation area, inclusion of CMAs as Accountants in Income tax bill is need of time. It will be helpful to the government to enhance financial governance, reduce tax evasion, control financial scams and contribute to India's goal of becoming a developed economy by year 2047. Relying solely on CAs may create bottlenecks during peak tax seasons, delaying tax filings increasing administrative burdens and lesser tax collection | 25 Feb 2025, 09:00 AM |
| Gauri Rasal | Student | Yeola | SUPPORT | 25 Feb 2025, 08:57 AM |
| Anurag Sahani | Student | Puri | 25 Feb 2025, 08:45 AM | |
| Sanjib Dad | Member | West Bengal | Monopoly in audit profession requires to break to create a favourable business environment for the country’s growth at this present juncture especially. Forcing the Return filers including Auditee companies to one checkpoint while others are equally permissible and available is not appreciable for the Assessee’s point of view particularly. | 25 Feb 2025, 08:44 AM |
| Gagan bihari padhan | Member | Odisha | CMA should be included in New incometax Act 2025 | 25 Feb 2025, 08:42 AM |
| Shruti Santosh Bapte | Student | Dhayari | 25 Feb 2025, 08:42 AM | |
| Yuvraj Singh | Student | Allahabad | CMA should be included in the definition of Accountant under Income tax | 25 Feb 2025, 08:39 AM |
| shilpi gupta | Student | Bhawanipur Rajdham | 25 Feb 2025, 08:36 AM | |
| Sheetal Niwate | Student | Mumbai | 25 Feb 2025, 08:33 AM | |
| Deepak | Student | Chennai | The inclusion of CMA in tax audits is essential, and I fully support my colleagues in this matter. | 25 Feb 2025, 08:20 AM |
| Hari Narayan Eai | Member | Ahmedabad Gujarat | We are also qualified cost accountant and gave passed exams like CA. This is not justified to non inclusions of accountant word in new act. | 25 Feb 2025, 08:19 AM |
| Alok kumar | Member | Ranchi/Jharkhand | It's our right to include | 25 Feb 2025, 08:12 AM |
| Om Prasad | Student | Ulhasnagar | 25 Feb 2025, 08:07 AM | |
| Pawan Kumar | Member | Kapurthala | I support inclusion of CMA in defination of Accountant in Income Tax Act 2025 | 25 Feb 2025, 08:02 AM |
| Mallika Ghosh | Student | Jorhat | CMA = CA | 25 Feb 2025, 08:01 AM |
| Sridhar Kannan | COIMBATORE | CMA students also study direct tax in inter and final and their have knowledge in income tax and Tax audit. We require Tax audit for CMA | 25 Feb 2025, 07:58 AM | |
| PRAVUDATTA MISHRA | Member | BHUBANESWAR | CMA and CA both should considered at par | 25 Feb 2025, 07:21 AM |
| Moyukh pathak | Student | Jorhat | Cma is equal to ca | 25 Feb 2025, 07:08 AM |
| Arnab sarmah | Student | Jorhat | CMA is equal to CA | 25 Feb 2025, 07:06 AM |
| Sujitha | Member | Hyderabad | 25 Feb 2025, 07:02 AM | |
| Sandesh kafle | Member | Bangalore | The inclusion of Certified Management Accountants (CMAs) in tax audits has been a topic of discussion, particularly in contexts like India, where their role could complement existing practices. Here’s an exploration of why CMAs might be considered for inclusion in tax audits: CMAs possess specialized expertise in cost and management accounting, which equips them with a deep understanding of financial processes, cost control, and inventory valuation. These skills are highly relevant to tax audits, where accurate assessment of taxable income often hinges on properly valuing closing stock and determining the cost of goods sold—areas where CMAs excel due to their training in Cost Accounting Standards and costing techniques. Their ability to analyze and verify these components could enhance the precision of tax audit reports, ensuring businesses report their income correctly and reducing opportunities for tax evasion. Additionally, CMAs already conduct taxation audits in areas like Excise Duty, Service Tax, and VAT in various jurisdictions, demonstrating their capability in tax-related compliance. Their practical experience in these fields, combined with their presence in managerial roles across multinational corporations and public sector units (e.g., as Managers of Taxation or Accounts), suggests they have the requisite knowledge and efficiency to handle income tax audits as well. This experience could bring a fresh perspective to tax audits, focusing on operational and financial intricacies that impact tax liability. Another argument is the potential to break the monopoly of a single profession, fostering greater voluntary tax compliance. Historically, tax audits have been the domain of Chartered Accountants (CAs), but expanding this to include CMAs could increase the pool of qualified professionals, making audit services more accessible and encouraging businesses to comply with tax laws proactively. This aligns with proposals in frameworks like India’s Direct Tax Code, which suggested broadening the definition of "Accountant" to include CMAs, recognizing their potential contribution. Moreover, CMAs’ focus on strategic decision-making and internal controls could improve the overall quality of tax audits. They are trained to look beyond historical data, analyzing the “why” behind financial numbers, which could help identify discrepancies or manipulations in financial statements that affect tax calculations. This forward-looking approach complements the compliance-oriented focus of traditional tax audits, potentially leading to more robust tax administration. However, critics might argue that CMAs lack training in certain Accounting Standards or auditing standards specific to financial audits, which are critical for tax audits under laws like India’s Income Tax Act. Yet, their existing competencies in related taxation areas and their ability to adapt through additional training could address such gaps, making their inclusion feasible with proper regulatory adjustments. In summary, including CMAs in tax audits could leverage their expertise in cost management and taxation, enhance audit accuracy, increase professional capacity, and promote better tax compliance. While their role would need to be clearly defined to complement rather than compete with existing professionals, their involvement could strengthen the tax audit ecosystem. |
25 Feb 2025, 06:15 AM |
| Avisekh Ray | Others | Kolkata | 25 Feb 2025, 05:09 AM | |
| Dr Vishal Pokharna | Member | Udaipur | CMA must be considered as accountants under IT | 25 Feb 2025, 02:17 AM |
| Rohan Chamoli | Student | Delhi | Cost accountant should be included in defination of accountant | 25 Feb 2025, 02:02 AM |
| Md Husnain Alam | Student | kolkata | CMA deserve acknowledgement and right to do tax audit. | 25 Feb 2025, 01:09 AM |
| Vikas Jaiswal | Others | Delhi | To ensure a level playing field for all professionals and maximize benefits for stakeholders, Cost and Management Accountants (CMAs) should be explicitly included in the definition of "Accountant." This inclusion would broaden the pool of qualified professionals available to stakeholders, fostering greater choice and potentially more competitive service offerings. The CMA curriculum provides extensive and rigorous training in Direct Tax Law, a core subject in both intermediate and final examinations. These globally recognized, highly challenging examinations, with their characteristically low pass rates, underscore the depth of tax expertise CMAs possess. CMAs have consistently demonstrated their value when given opportunities, aligning their work with the long-term vision and objectives of governments and organizations. Therefore, including CMAs in the definition of "Accountant" within the new Income Tax Act is a critical and timely imperative. |
25 Feb 2025, 01:03 AM |
| Sandip Dhasal | Student | Navi Mumbai | I support for Inclusion of CMA in New Income Tax Act-2025. | 25 Feb 2025, 12:41 AM |
| Abhay Kumar Pathak | Member | New delhi | I am strongly supporting to include CMA's under definition of ACCOUNTANT. | 25 Feb 2025, 12:05 AM |
| M k shukla | Member | KOLKATA | Yes | 24 Feb 2025, 11:45 PM |
| M k shukla | Member | KOLKATA | 24 Feb 2025, 11:44 PM | |
| Saif shah | Student | Mumbai | We need the recognition for CMA | 24 Feb 2025, 11:34 PM |
| Hardik Chokshi | Member | Ahmedabad | .. | 24 Feb 2025, 11:32 PM |
| Pranay Bhosale | Student | Maharashtra | I strongly support the petition to include "Cost Accountant" in the definition of "Accountant" in the New Income Tax Bill-2025. Cost Accountants play a vital role in financial management, cost control, and strategic decision-making, providing services essential to both corporate governance and the financial well-being of businesses. Excluding them from the definition of "Accountant" under the Income Tax Bill not only undermines their contributions but also restricts businesses from accessing specialized knowledge in areas such as cost management, pricing strategies, and tax planning. | 24 Feb 2025, 11:22 PM |
| Kiran R | Student | Bangalore | Yes | 24 Feb 2025, 11:19 PM |
| Dilbag Singh | Others | Hamirpur hp | 24 Feb 2025, 11:16 PM | |
| Kasturi lal Khanna | Member | Chandigarh / UT. | 24 Feb 2025, 11:14 PM | |
| Ganesh Khatale | Student | Nashik | Definitely cma is capable of tax audit because I am studying from CA classes for CMA tax subject same content | 24 Feb 2025, 11:04 PM |
| MAHENDRANATH R | Member | Chennai Tamil Nadu | 24 Feb 2025, 11:00 PM | |
| Harinarayana Vema | Member | ELURU | 24 Feb 2025, 10:53 PM | |
| Divya pareek | Student | West Bengal | The cma should be included in the new income tax act.It should have same privilege the CA profession gets. Thank you. | 24 Feb 2025, 10:46 PM |