FCMA Balkrishna Hajare

[FCMA Balkrishna Hajare @Balkrishna2008]

Including CMAs in tax audits is a game-changer!
"CMAs' inclusion will revolutionize tax audits, enhancing accuracy and reducing costs." Subhash Chandra Garg.
CMAs, step up and lead the change! Together, we can build a brighter financial future!💪#TaxAuditForCMAs

[FCMA Balkrishna Hajare @Balkrishna2008]

@IncomeTaxIndia @FinMinIndia
#extendDueDates
Please extend due date of ITR Filing FY 2019-20, by one month

[FCMA Balkrishna Hajare @Balkrishna2008]

I am also facing same issue. Also they don't know when and how this issue will solve. Online complaint raising system is also stuck.

[Shankar Thombare @ThombareShankar]

@PMOIndia Sir, SBI, A/P- Newari, Tal- Kadegaon Dist - Sangli , MH, Not accepting KCC application as Agriculture Officer Position is Vacate since May 20. Need arrange support on this. Shankar Thombare - 9922908645

[FCMA Balkrishna Hajare @Balkrishna2008]

Government should not charge late fees for nil returns at least. It is not the right way to increase earnings. Government Should think about another ethical way for earnings... @cbic_india @FinMinIndia

[FCMA Balkrishna Hajare @Balkrishna2008]

@Infosys_GSTN This late fees system is discouraging tax payers. It will result increase in tax defaulters. It seems that government just want to increase there revenue via late fees instead of the tax amount.

[FCMA Balkrishna Hajare @Balkrishna2008]

@iamsanketpandit @ianuragthakur @nsitharaman @narendramodi @PMOIndia @ICAICMA Writ Petition Nos. 2026-2031 of 2015 filed by the Karnataka State Chartered
Accountants in Karnataka High Court challenging the inclusion of Cost Accountants
and Cost Accountant Firms for Statutory Audit of annual accounts of Cooperative
Societies was dismissed on 29.3.2016

[FCMA Balkrishna Hajare @Balkrishna2008]

@iamsanketpandit @ianuragthakur @nsitharaman @narendramodi @PMOIndia @ICAICMA Hon'ble Karnataka High Court in W.A. No. 31061/2013(CS) has ruled that
'Auditor' does not mean a person holding the degree of Chartered Accountant
under section 63 of the Karnataka Co-operative Societies Act, 1959 read with
Article 243 ZM of the Constitution of India.

[FCMA Balkrishna Hajare @Balkrishna2008]

@iamsanketpandit @ianuragthakur @nsitharaman @narendramodi @PMOIndia @ICAICMA Further, both are recognized as
'Accountants' under the VAT Acts of 22 States & UTs of India.
[200814STT348,(2008)14VST69Bom]
 It may be noted that VAT audits are akin to the tax audit.

[FCMA Balkrishna Hajare @Balkrishna2008]

@iamsanketpandit @ianuragthakur @nsitharaman @narendramodi @PMOIndia @ICAICMA Hon’ble Supreme Court upheld the decision of Mumbai High court and held both
Cost Accountants and Chartered Accountants as' Accountant' under section 61
of the Maharashtra Value Added Tax Act, 2002.

[FCMA Balkrishna Hajare @Balkrishna2008]

@CMAPappan @narendramodi @nsitharaman @ianuragthakur @PMOIndia @YourServices Writ Petition Nos. 2026-2031 of 2015 filed by the Karnataka State Chartered
Accountants in Karnataka High Court challenging the inclusion of Cost Accountants
and Cost Accountant Firms for Statutory Audit of annual accounts of Cooperative
Societies was dismissed on 29.3.2016

[FCMA Balkrishna Hajare @Balkrishna2008]

@CMAPappan @narendramodi @nsitharaman @ianuragthakur @PMOIndia @YourServices Hon'ble Karnataka High Court in W.A. No. 31061/2013(CS) has ruled that
'Auditor' does not mean a person holding the degree of Chartered Accountant
under section 63 of the Karnataka Co-operative Societies Act, 1959 read with
Article 243 ZM of the Constitution of India.

[FCMA Balkrishna Hajare @Balkrishna2008]

@CMAPappan @narendramodi @nsitharaman @ianuragthakur @PMOIndia @YourServices both are recognized as
'Accountants' under the VAT Acts of 22 States & UTs of India.
[200814STT348,(2008)14VST69Bom]
 It may be noted that VAT audits are akin to the tax audit.

[FCMA Balkrishna Hajare @Balkrishna2008]

@CMAPappan @narendramodi @nsitharaman @ianuragthakur @PMOIndia @YourServices Hon’ble Supreme Court upheld the decision of Mumbai High court and held both
Cost Accountants and Chartered Accountants as' Accountant' under section 61
of the Maharashtra Value Added Tax Act, 2002.

[FCMA Balkrishna Hajare @Balkrishna2008]

@CMAPappan @narendramodi @nsitharaman @ianuragthakur @PMOIndia @YourServices CMAs must be included in the definition of Accountant u/s 288 of IT Act 1961.
Because I don't found any reason for non inclusion.