celebration of ca day on 1st july, 2018vasai-icai.org/image/newsletter for the month of august...

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Celebration of CA Day on 1st July, 2018 .. 2 Chairman’s Communication ..................... 3 Forthcoming Programmes ........................ 4 Training Calendar ..................................... 5 Direct Taxes - Law Update ....................... 6 UDIN .......................................................... 7 ICAI Commerce Wizard 2018 ................... 9 CA Students Conference 2018 held on 30th June & 1st July 2018 at Bhayandar (West) ................................... 10

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Page 1: Celebration of CA Day on 1st July, 2018vasai-icai.org/Image/Newsletter for the month of August 2018.pdf · income which was signed on 27.01.2016. 4. Section 9 of the Income Tax Act,1961

Celebration of CA Day on 1st July, 2018 .. 2

Chairman’s Communication ..................... 3

Forthcoming Programmes ........................ 4

Training Calendar ..................................... 5

Direct Taxes - Law Update ....................... 6

UDIN .......................................................... 7

ICAI Commerce Wizard 2018 ................... 9

CA Students Conference 2018 held on 30th June & 1st July 2018 at Bhayandar (West) ................................... 10

Page 2: Celebration of CA Day on 1st July, 2018vasai-icai.org/Image/Newsletter for the month of August 2018.pdf · income which was signed on 27.01.2016. 4. Section 9 of the Income Tax Act,1961

2 The Institute of Chartered Accountants of India – Vasai Branch of WIRC NEWSLETTER

August 2018

Celebration of CA Day on 1st July, 2018

CA Day Flag hoisting at Branch Premises, Bhayander (West)

Blood Donation camp at Branch Premises, Bhayander (West)Seminar on Women Empowerment at Branch Premises, Bhayander (West)

Tree Plantation at Village Kosbad, Vikramgad Road, Manor

Senior Member honor- CA. D P Revawala

Page 3: Celebration of CA Day on 1st July, 2018vasai-icai.org/Image/Newsletter for the month of August 2018.pdf · income which was signed on 27.01.2016. 4. Section 9 of the Income Tax Act,1961

3

August 2018

The Institute of Chartered Accountants of India – Vasai Branch of WIRC NEWSLETTER

CHAIRMAN’S COMMUNICATIONMANAGING COMMITTEE

CA. Sumeet Doshi 9869525956 Chairman

CA. Xavier Rajan 9371720027 Vice Chairman

CA. Hemant Shah 9022405230 Secretary

CA. Ankit Rathi 9029059911 Treasurer

CA. Bhanwar Borana 8291454999 WICASA Chairman

CA. Nitesh Kothari 9833860870 Imm. Past Chairman

CA. Vimal Agarwal 9320617447 Past Chairman

CA. Mukesh Sharma 9321160020 Committee Member

CA. Lalit Bajaj 9867692321 RCM & Branch Nominee

EDITORIAL BOARD

CA. Sumeet Doshi 9869525956 Chairman

CA. Nitesh Kothari 9833860870 Imm. Past Chairman

CA. Xavier Rajan 9371720027 Vice Chairman

CA. Hemant Shah 9022405230 Secretary

Dear Professional Colleagues,

As anticipated, CA Students’ Conference 2018 was another success. It was informative, knowledge rich and well received by our students. Thank you to WICASA team, WICASA Chairman CA. Bhanwar Borana and to all who volunteered their time and energy to make it another fantastic Vasai Branch event. I extend my gratitude to the Chairman and Vice-Chairman, Board of Studies ICAI, CA. Dhinal Ashvinbhai Shah and CA. Vijay Kumar Gupta for bestowing us with this opportunity and helping in creating a conference of this scale and magnitude. The theme of the conference was “Knowledge & Training with Ethical Quotient – Pathway to Professional Excellence”. CA. Nilesh Vikamsey (Past President, ICAI) was the Chief Guest for the conference. Over all the conference was a grand success and

was successful in achieving its desired objectives. Galaxies of Session Chairmen who graced the event are CA. Jay Chhaira (Conference Director & CCM), CA Nihar Jambusaria (CCM), Dr. Pawan Agrawal (TEDx/International Motivational Speaker), CA. Punit Daga, IRS, CA. Durgesh Kabra (Past Chairman, WIRC of ICAI), CA. Shruti Shah (Past Chairperson, WIRC of ICAI), CA Nikunj Shah, CA. Varsha Nilin Shah & CA. Hrudyesh Pankhania.

Branch also celebrated CA Foundation Day on 1st July 2018 starting with Flag hoisting followed by various activities – Blood Donation Camp jointly with Breach Candy Hospital No. of units of blood donated – 65, Honoring Senior CA Members, Tree Plantation jointly with The International Association of Lions Clubs. District - 3231 A3. Mumbai, Seminar on Women Empowerment & Seminar on Stress Management & Healthy Living.

Branch also successfully completed PT Batch of Information System Audit organized by Committee of Accounting & Assurance Board, ICAI.

Forthcoming Events

Looking forward to the coming months, we have planned an extensive list of programmes for the benefit of Members & Students. We will be hosting Certificate Course on Forensic Accounting & Fraud Prevention organized by Digital Accounting & Assurance Board and Certificate Course on Concurrent Audit of Banks organised by Internal Audit Standards Board of the ICAI.

Result of CA Final (Existing and Revised Scheme) Examination held in May 2018 and Foundation Examination and Common Proficiency Test (CPT) held in June 2018 have been declared. I congratulate all successful candidates, including the rank-holders. However, I would like to convey to all candidates who could not qualify despite their hard work, to plan and study efficiently and work harder, which will eventually help them in achieving success.

I would also like to congratulate everyone on the occasion of Parsi New Year (also known as Nauroj), Idu’ l Zuha (also known as Bakr-Id), Onam and Raksha Bandhan, which fall in August this year. Let us celebrate these together, since these are our festivals, those of our country.

Shaheed Bhagat Singh had said: “Revolution is an inalienable right of mankind. Freedom is an imperishable birthright of all. Labour is the real sustainer of society…” Let us embrace and celebrate the idea of independence forever.

I wish all of you a very happy INDEPENDENCE DAY.

CA. Sumeet Doshi Chairman – Vasai Branch

Page 4: Celebration of CA Day on 1st July, 2018vasai-icai.org/Image/Newsletter for the month of August 2018.pdf · income which was signed on 27.01.2016. 4. Section 9 of the Income Tax Act,1961

4 The Institute of Chartered Accountants of India – Vasai Branch of WIRC NEWSLETTER

August 2018

FORTHCOMING PROGRAMMES FOR MEMBERS

Date Seminar on Timings Venue Speakers Coordinator Fees CPE

13th to 28th Oct 2018 (Every Sat & Sun)

Certificate Course on Concurrent Audit of Banks

9.30 am to 5.00 pm

Maxus Mall Branch Premises, 7th Floor, Opp. Tema Hospital, Bhayander (West)

Eminent Faculties

CA. Hemant Shah 9022405230 Rs. 10,000 (Members born on or after 01.01.1989) & Rs. 12,750 (Members born before 01.01.1989)

30 Hrs

17th Nov to 8th Dec 2018 (Every Sat & Sun)

Certificate Course on Forensic Accounting & Fraud Prevention

9.30 am to 5.00 pm

Maxus Mall Branch Premises, 7th Floor, Opp. Tema Hospital, Bhayander (West)

Eminent Faculties

CA. Ankit Rathi 9029059911 Rs. 20,000 20 Hrs

Sept to Dec 2018

Training Calendar

9.30 am to 5.30 pm

Maxus Mall Branch Premises, 7th Floor, Opp. Tema Hospital, Bhayander (West)

Eminent All Committee Members Rs. 3,000 + GST 18 %

54 Hrs

FORTHCOMING PROGRAMMES FOR STUDENTS

Date Seminar on Timings Venue Speakers Coordinator Fees CPE

27th Aug to 17th Sept. 2018

Mock Test - Foundation, IPCC & Final

2. 00 pm to 5.00 pm

Shanti Shopping Centre, Mira Road (East)

_ CA. Bhanwar Borana 8291454999 Rs. 100 per paper

FORTHCOMING PROGRAMMES

Page 5: Celebration of CA Day on 1st July, 2018vasai-icai.org/Image/Newsletter for the month of August 2018.pdf · income which was signed on 27.01.2016. 4. Section 9 of the Income Tax Act,1961

5

August 2018

The Institute of Chartered Accountants of India – Vasai Branch of WIRC NEWSLETTER

The Details of the Programme are as under:

Venue: Vasai Branch Premises, Maxus Mall B Wing, Opp. Temba Hospital, Bhayander (West) Timing: 9.30 am to 5.30 pm

Registration Fees

Rs. 3,000 + GST 18 % for above all events (applicable till 1st Sept 2018 only) For any single event Rs. 750 + 18% GST each Cheque to be drawn in favor of “Vasai Branch of WIRC of ICAI” sent to Branch Office

Online Regt. http://utility.vasai-icai.org/scevent.aspx?companyid=887&serverip=1

Programmes Chairman: CA. Sumeet Doshi (Chairman, Vasai Branch of WIRC)

Date Event CPE Hrs 2nd Sept. 2018 Internal Audit in Digital Age 6 Hrs

9th Sept. 2018 Audit - Reporting Requirements & Procedures 6 Hrs

16th Sept. 2018 Company Law 6 Hrs

7th Oct 2018 GST Audit & Issues 6 Hrs

21st Oct 2018 Valuation 6 Hrs

28th Oct 2018 Assessments & Transfer Pricing 6 Hrs

18th Nov 2018 SME 6 Hrs

23rd Dec 2018 Project Finance 6 Hrs

30th Dec 2018 Fintech & Stock Markets 6 Hrs

Total 54 Hrs

Other upcoming Events:- Mega Members Conference on 1st & 2nd Dec 2018 Residential Refresher Course (RRC) on 15th & 16th Dec 2018 International Residential Refresher Course (IRRC) from 22nd to 27th Jan 2018

Vasai Branch of WIRC The Institute of Chartered Accountants of India

Training Calendar (From September to December 2018)

Your’s in Profession CA. Xavier Rajan CA. Hemant Shah CA. Ankit Rathi CA. Bhanwar Borana CA. Nitesh Kothari Vice Chairman Secretary Treasurer Chairman –WICASA Immd. Past Chairman CA. Vimal Agarwal CA. Pramod Dhamankar CA. Unmesh Narvekar CA. Ramanand Gupta CA. Mukesh Sharma Past Chairman Past Chairman Past Chairman Past Chairman Comm. Member Events Coordinators CA. Aman Jain CA. Giriraj Bang CA. Vijendra Jain CA. Abhishek Tiwari CA. Jignesh Shah CA. Jimesh Jain CA. Shweta Mestry CA. Daya Bansal CA. Anadi Bhase CA. DeshDeepak Gupta

For Details Please Contact:- Vasai Branch of WIRC, Branch Premises, Maxus Mall, B Wing 7th Floor, Opp. Temba Hospital, Temba Road, Bhayander (West). Tel:- 9029868900 or 7208080905 [email protected] Website:-www.vasai-icai.org

Note:- Specific details & topics on above events shall be shared before 10 days of schedule event.

Page 6: Celebration of CA Day on 1st July, 2018vasai-icai.org/Image/Newsletter for the month of August 2018.pdf · income which was signed on 27.01.2016. 4. Section 9 of the Income Tax Act,1961

6 The Institute of Chartered Accountants of India – Vasai Branch of WIRC NEWSLETTER

August 2018

Direct Taxes - Law Update CA. Haresh P. KeniaMobile No. : 9821351838E-mail : [email protected]

1. Revision of monetary limits for filing Appeals by the Department (256 Taxman,(st) 8)The CBDT vide Circular No. 3/2018 dated 11.07.2018 raises threshold limit for filing appeal before ITAT, High Courts & Supreme Courts. The revised limit is in supersession of

Board Circular No.21 of 2015 dated 10.12.2015 wherein monetary limits & other conditions for filing departmental appeals were specified.In order to reduce litigation on Income Tax matters, the CBDT has sharply increased the threshold limits for filing before judicial authorities as under:-

Sr. No.

Appeals/SLPs in Income-Tax Matters

Monetary Limit (Rs.)

1 Before Appellate Tribunal 20,00,000

2 Before High Court 50,00,000

3 Before Supreme Court 1,00,00,000

Among the other clarifications, the CBDT has specifically clarified the following:-• “Tax Effect” shall be tax including applicable Surcharge & Cess.• “Tax Effect” in the cases of section 115JB OR 115JC, separate

formula specified in the circular.• It also clarifies that the departmental representatives/counsel

brings to the notice of the Tribunal/Court, the provisions of sections 268A(4) of the Income Tax Act.

• It is clarified that the monetary limits of Rs. 20 Lakhs for filing appeals before the ITAT would apply equally to cross objections u/s 253(4) of the Income Tax Act. Similarly, reference to High Courts & SLPs//Appeals before Supreme Court below the monetary limit Rs.50 Lakhs & Rs.1 Crore respectively should be pursed for dismissal as withdrawn/not pressed.

• This circular will apply to SPLs/Appeals/Cross objection/references to be filed henceforth, in SC/HCS/Tribunal and it shall also apply retrospectively to pending SLPs/appeals/Cross objections/references. Pending appeals below the specified tax limits in para 3 above may be withdrawn/not pressed.

2. Section 139AA, read with sections 139 & 139A of the Income Tax Act,1961-Aadhaar Number-Quoting of Extension of time for linking PAN with Aadhaar (256 Taxman, (st) 7)

The CBDT vide order dated 30.06.2018 has extended the last date for linking of Aadhaar with PAN from June 30, 2018 To March 31, 2019.

3. India-Armenia DTA-Protocol notified (256 Taxman, (st) 5)The CBDT vide notification no. SO 3266( E ) [No. 30(F No. 503/05/1996-FTD-I] dated 05.07.2018 , has notified the provisions of protocol entered between the republic of Armenia for the avoidance of double taxation & prevention of fiscal evasion with respect to taxes of income which was signed on 27.01.2016.

4. Section 9 of the Income Tax Act,1961 Income Deemed to accrue or arise in India-framing of Rules relating to significant economic presence as per section 9(1)(i)(256 Taxman, (st) 11)

The CBDT vide Letter [F.No. 370142/11/2018-TPL], dated 13.07.2018 has asked for the suggestions from the stakeholders and general public on the threshold limit which will establish the significant Economic Presence (SEP) of Foreign entities in India. The suggestions have been sought on three threshold limits for transaction in physical goods, for transaction in digital goods, for soliciting no. of users through digital means.The concept of SEP has been introduced by the finance Act, 2018 which is effective from Assessment Year 2019-20.

5. Section 90 of the Income Tax Act, 1961 Double Taxation Agreement – Double Taxation Agreement for Avoidance of double taxation and prevention of fiscal evasion with foreign countries – Qatar (256 Taxman, (st) 16)

The Central Government vide notification no. SO 3468 ( E ) [No. 32/2018 [504/6/2004-FTD-11(PT.1)] dated 17.07.2018 has notified the provisions of mutual agreements entered into between India & Qatar through exchange of letters. It shall be given effect to in the Union of India with retrospective effect from 20.04.2018

6. Revision of Form 3CD-Amendment to Income Tax Rules (256 Taxman, (st) 18)

The CBDT vide notification no. GSR 666( E ) [No. 33/2018 (F No. 370142/9/2018-TPL)] dated 20.07.2018, in exercise of the power u/s 44 AB r. w .s 295 of the Income Tax Act gives Income Tax (Eighth Amendment) rules 2018. It amends form 3CD. Various changes have been made in the form such as reporting of gifts chargeable to tax particulars of payments in amount exceeding limit specified in section 269 ST. Further, the form asked for the breakup of total expenditure of entities registered or not registered under the GST.Following are key new reporting requirements incorporated in Form 3CD & the same are effective from 20th August, 2018.• Income chargeable from other sources[section 56(2)(ix)] [clause

29A] and section 56(2)(x) [Clause 29B]• Secondary adjustments in certain cases [section 92CE] [Clause

30A]• Limitation on interest deduction in certain cases [section 94B]

[Clause 30B]• General Anti-Avoidance Rule [section 96] [clause 30C]• Disclosure requirements for amounts exceedings limit prescribed

under section 269ST [Clause 31(A)(ba),(bb),(bc) and (bd)]• Details to be furnished regarding tax deducted or collected

[Clause 34(b)]• Deemed dividend under section 2(22) ( e) [Clause 36A]• Furnishing of statement in Form 61, Form 61A or Form 61B

[Clause 42]• Furnishing of report in respect of international group [section 286]

[Clause 43]• Break-up of expenditure [Clause 44]-The assessee is required to

disclose break-up of total expenditure incurred during the year, in relation to the entities registered and not registered under GST.

2

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7

August 2018

The Institute of Chartered Accountants of India – Vasai Branch of WIRC NEWSLETTER

Page 8: Celebration of CA Day on 1st July, 2018vasai-icai.org/Image/Newsletter for the month of August 2018.pdf · income which was signed on 27.01.2016. 4. Section 9 of the Income Tax Act,1961

8 The Institute of Chartered Accountants of India – Vasai Branch of WIRC NEWSLETTER

August 2018

Page 9: Celebration of CA Day on 1st July, 2018vasai-icai.org/Image/Newsletter for the month of August 2018.pdf · income which was signed on 27.01.2016. 4. Section 9 of the Income Tax Act,1961

9

August 2018

The Institute of Chartered Accountants of India – Vasai Branch of WIRC NEWSLETTER

For Details and Registration please visit the Exclusive Website for ICAI Commerce Wizard, 2018: icaicommercewizard .org

The Institute of Chartered Accountants of India (ICAI)ICAI Commerce Wizard-2018:

A Talent Search Test Organised By: Career Counseling Group (CCG), ICAI

For any Query please contact : Secretary, Career Counselling Group (CCG), The Institute of Chartered Accountants of India ICAI Bhawan, A-29, Sector 62, Noida (U.P.) - 201309Telephone (O): 0120-3876871, 886 Email: [email protected]

Convener

Career Counseling Group (CCG), ICAIDeputy Convener Career Counseling Group (CCG), ICAI

The Commerce Talent Search Test called as Commerce Wizard -2018 is a diagnostic test that measures the concept understanding ability of a student. Unlike regular tests which try only to find out how much a child knows, this test measures how well a student has understood the concepts.

Online RegistrationEligibility: Students appearing in class IX/X/XI/XII &

B.Com./BBA//BMS/Allied subjects examinationRegistration Fees : `100/- upto 31st Oct. 2018After Due Date : `150/- 1st Nov., 2018 to 15th Dec., 2018

The Commerce Wizard will be conducted by means of in two levels i.e. LevelI (Online) & Level II (Online/Pen & Pencil test) in English language for Students studying in class IX/X/XI/XII & B.Com./BBA /BMS/Allied Subjects:

ClassNo. of

QuestionsDuration Subjects Mode

Negative Marking

Max. Marks

Pattern

IX 100 1 Hrs 15 Min(I)Social Studies ( Economics)(II) Mathematics (III) Business Awareness (IV) Aptitude

Online/Pen & Pencil

0.25 100

X 100 1 Hrs 15 Min(I) Social Studies (Economics) (II) Mathematics (III) Business Awareness (IV) Aptitude

Online/Pen & Pencil

0.25 100

0bjective - type (Multiple

Choice) questions

XI 100 1 Hrs 15 Min(I) Business Studies (II) Accountancy (III) Economics (IV) Aptitude

Online/Pen & Pencil

0.25 100

XII 100 1 Hrs 15 Min(I) Business Studies (II) Accountancy (III) Economics (IV) Aptitude

Online/Pen & Pencil

0.25 100

B.Com./BBA /BMS/Allied Subjects Examination

100 1 Hrs 15 Min

(I) Business Studies(II) Accountancy (III) Economics/ Financial Studies (IV) Aptitude

Online/Pen & Pencil

0.25 100

Date Timings for the aforesaid test :

Class/Levels of Exam and Date Level-I (Online test) 16th December, 2018 (Sunday)

Level-II Test : Online or Pen Pencil Mode in the designated test centre 23rd December, 2018 (Sunday)

1. 09:30 am. to 10.45 am. for Class IX & Class X

2. 11:45 am. to 1.00 pm. for Class XI

3. 2:00 pm. to 3:15 pm. for Class XII

4. 4:15 pm. to 5:30 pm. for Class B.Com./BBA/BMS/Allied Subjects

Class IX & Class X 09:30 AM to 10.45 AM

Class XI 11.45 AM to 1.00 PM

Class XII 2.00 PM to 3.15 PM

Graduation-B.Com./BBA/BMS/Allied Subjects 4.15 PM to 5.30 PM

Prizes for Participants

Level-I Test

• All participants In Level-1 test will receive a Participation Certificate.

Level-II Test

• 1st Rank holder will be awarded with Rs 1, 00,000/- for Class IX, Class X, Class XI , Class XII & B.Com./BBA/BMS/Allied Subjects Separately, if multiple winners are there, the prize amount will be shared by them. If more than 50 joint rank holders for the same, the awardee will at least awarded with the cash prize of Rs 2,000/-

• 2nd Rank will be awarded with Rs 50,000/-for Class IX, Class X, Class XI Class XII & B.Com./BBA/BMS/Allied Subjects separately, if multiple winners are there, the prize amount will be shared by them. If several joint rank holders for the same are there, the awardee will at least awarded with the cash prize of Rs 1,500/-

• Top 500 consolation prizes will be awarded worth Rs 500/- along with an appreciation certificate for Class IX, Class X, Class XI, Class XII & B.Com./BBA/BMS/Allied Subjects separately

• Participation Certificate will be given to each participant appeared for the Level-II Test.

ICAI Scholarship scheme will also be provided for the wards of Military/Para Military/ Railways PersonnelFor further details please visit at: https://www.icai.org/post.html?post_id=14927

Other Important Dates:Award Ceremony: Award Ceremony will be held in January/February, 2019 at Delhi NCR.

ICAI/Test Management Committee reserves the right to change in any of the modalities cited above.

Page 10: Celebration of CA Day on 1st July, 2018vasai-icai.org/Image/Newsletter for the month of August 2018.pdf · income which was signed on 27.01.2016. 4. Section 9 of the Income Tax Act,1961

10 The Institute of Chartered Accountants of India – Vasai Branch of WIRC NEWSLETTER

August 2018

CA Students Conference 2018 held on 30th June & 1st July 2018 at Bhayandar (West)

(L-R):- CA. Xavier Rajan (Vice Chairman, Vasai Branch), CA. Hemant Shah (Secretary, Vasai Branch), Dr. Pawan Agrawal (TEDx/International Motivational Speaker). CA. Sumeet Doshi (Chairman, Vasai Branch), CA. Nilesh Vikamsey (Past President, ICAI), CA. Bhanwar Borana (Chairman, Vasai Branch of WICASA), CA. Ankit Rathi (Treasurer, Vasai Branch), CA. Lalit Bajaj (Branch Nominee & RCM) & Mr. Aditya Ranka (Vice Chairman, Vasai branch of WICASA) at the dais.

(L-R):- CA. Hemant Shah (Secretary, Vasai Branch), CA. Sumeet Doshi (Chairman, Vasai Branch), CA. Bhanwar Borana (Chairman, Vasai Branch of

WICASA), CA. Shweta Jain (Past Chairperson – Vasai Branch), CA. Xavier Rajan (Vice Chairman, Vasai Branch), Dr. Pawan Agrawal (TEDx/International

Motivational Speaker), CA. Nilesh Vikamsey (Past President, ICAI), CA. Jay Chhaira (Conference Director & CCM), CA. Lalit Bajaj (Branch Nominee & RCM), CA. Ankit Rathi (Treasurer, Vasai Branch) & Mr. Aditya Ranka (Vice

Chairman, Vasai branch of WICASA).

Group photo taken at Inauguration session in the presence of CA. Nilesh Vikamsey (Past President, ICAI), Session Chairman- Dr. Pawan Agrawal, CA. Lalit Bajaj (Branch Nominee & RCM), CA. Sumeet Doshi (Chairman, Vasai Branch), CA. Xavier Rajan (Vice Chairman, Vasai Branch), CA. Hemant Shah (Secretary, Vasai Branch), CA. Ankit Rathi (Treasurer, Vasai Branch) & CA. Bhanwar Borana (Chairman, Vasai Branch of WICASA). Past Chairman of Vasai Branch of WIRC- CA. Pramod Dhamankar, CA. Dayaram Paliwal, CA. Unmesh Narvekar & CA. Shweta Jain and CA. D P Revawala (Chief Judge & Senior Member) & Vasai WICASA Team.

CA. Sumeet Doshi (Chairman, Vasai Branch) presenting bouquet to CA. Nilesh Vikamsey (Past President, ICAI)

CA. Bhanwar Borana (Chairman, Vasai Branch of WICASA) presenting memento to Dr. Pawan Agrawal (TEDx/International Motivational Speaker) also seen by CA. Nilesh Vikamsey (Past President, ICAI), CA. Sumeet Doshi (Chairman, Vasai Branch), CA. Jay Chhaira (Conference Director & CCM) and CA. Hemant Shah (Secretary, Vasai Branch)

CA. Shweta Jain (Past Chairperson, Vasai Branch) presenting bouquet to CA. Jay Chhaira (Conference Director & CCM)

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11

August 2018

The Institute of Chartered Accountants of India – Vasai Branch of WIRC NEWSLETTER

CA Students Conference 2018 held on 30th June & 1st July 2018 at Bhayandar (West)

CA. Nitesh Kothari (Past Chairman, Vasai Branch) presenting memento to

CA Nihar Jambusaria (CCM)

CA. Umesh Mestry (Past Chairman, Vasai Branch) presenting bouquet to CA. Durgesh Kabra (Past Chairman, WIRC) also

seen by CA. Unmesh Narvekar (Past Chairman, Vasai Branch)

CA. Shweta Jain (Past Chairperson, Vasai Branch) presenting bouquet to CA. Shruti

Shah (Past Chairperson, WIRC)

CA. Ramanand Gupta (Past Chairman, Vasai Branch) presenting memento to

CA Nikunj Shah (Session Chairman) also seen by CA. Sumeet Doshi (Chairman,

Vasai Branch)

CA. Bhanwar Borana (Chairman, Vasai Branch of WICASA) & CA. Ankit Rathi (Treasurer, Vasai Branch) presenting

bouquet to CA. Punit Daga, IRS

CA. Pramod Dhamankar (Past Chairman, Vasai Branch)

presenting bouquet to CA. Hrudyesh Pankhania (Session

Chairman)

CA. Bhanwar Borana (Chairman, Vasai Branch of

WICASA) presenting memento to CA. Varsha Shah (Session

Chairperson)

CA Nihar Jambusaria (CCM)

CA. Punit Daga (IRS) CA. Shruti Shah (Past Chairperson, WIRC of ICAI)

CA. Varsha N Shah Dr. Pawan Agrawal

CA Nikunj Shah CA. Durgesh Kabra (Past Chairman, WIRC of ICAI)

CA. Hrudyesh Pankhania

CA. Jay Chhaira (CCM)

Session Chairmen

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12 The Institute of Chartered Accountants of India – Vasai Branch of WIRC NEWSLETTER

August 2018

First Technical Session was on the topic Taxation which was chaired by CA Nihar Jambusaria (Central Council Member)

Second technical session was on topic Accounts & Auditing which was chaired by CA. Durgesh Kabra (Past Chairman, WIRC of ICAI)

Third technical session was on Information Technology which was chaired by CA Nikunj Shah

Third Special Session on What after CA? by CA. Varsha Nilin Shah (TEDx/International Motivational Speaker) & CA. Hrudyesh Pankhania (Leadership Speaker)

Fourth Technical Session was on Management & Leadership which was chaired by CA. Shruti Shah (Past Chairperson, WIRC of ICAI)

Fourth Special Session on Career in Civil Services by CA. Punit Daga, IRS (Assistant Commissioner of Income Tax - Mumbai)

Participants

CA Students Conference 2018 held on 30th June & 1st July 2018 at Bhayandar (West)

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13

August 2018

The Institute of Chartered Accountants of India – Vasai Branch of WIRC NEWSLETTER

To

Undelivered please return to :The Institute of Chartered Accountants of India,Vasai Branch of WIRCAddress: Maxus Mall, B Wing, 7th Floor, Above Maxus Banquet Hall, Temba Road, Bhayandar (West) Thane-401 101. Contact: 9029868900/ 8655068901/ 8976068902. Email: [email protected] Website: www.vasai-icai.org

Editor: CA. Sumeet Doshi Published by Vasai Branch of Western India Regional Council of The Institute of Chartered Accountants of India and printed at Finesse Graphics and Prints Pvt. Ltd., 309, Parvati Ind. Est., Sun Mill Compound, Lower Parel, Mumbai 400 013. Tel. : 4036 4600

The views and opinions expressed or implied are those of the authors or contribution and do not necessarily reflect those of Vasai Branch. Unsolicited articles and transparencies are sent in at the owner’s risk and the publisher accepts no liability for loss or damage. Material in this publication may not be reproduced, whether in part or in whole, without the consent of Vasai Branch.

DISCLAIMER: The Vasai branch is not in any way responsible for the result of any action taken on the basis of the advertisement published in the Newsletter. The members, however, may bear in mind the provision of the Code of Ethics while responding to the advertisements.

1st Best Paper Presenter - Ms. Lakshmy Panchapakesan

Mr. Harshit Agarwal

Ms. Lakshmy Panchapakesan

Ms. Pooja Kanaiya Ms. Shachi Pandit Ms. Swathi S Kamath

Ms. Vaishali Kohli Ms. Zeal Doshi

Mr. Nishit A. Parikh Mr. Rahul Kakhani Mr. Santosh Sahoo Ms. Aayushi Kansodaria

Ms. Anjali Soni

Judge, Winner and Paper Writer

CA Students Conference 2018 held on 30th June & 1st July 2018 at Bhayandar (West)

CA. D. P. Revawala (Judge)

CA. Narendra Bhamwani (Judge)