On behalf of Ahmedabad Branch Team I wish all of you a very happy and prosperous new Financial Year. We as Chartered Accountants have conventionally and legally embraced the First day of April as our new year. This financial year will bring new challenges and opportunities for all of us in the form of GST Audit, RERA Audit, E-assessments of income tax, etc. Team Ahmedabad Branch will ensure that the members of Ahmedabad are updated in all these respects.
March ending pressure was at its peak this time because of the time barring return filing dates for two assessment years. Even after this acute pressure of year ending, the members of Ahmedabad Branch continued in their endeavor to support all the activities of the Branch. The month began with Holi celebration which was organized by us after many years. Women’s day celebrations continued for three days and culminated with a one day conference. The opening remarks by Chief Guest Ms. Neelam Rani, RPO, Ahmedabad were simply path breaking and were well appreciated by all present at the conference. Branch organized four conferences on the flavor of the season being Bank Branch Audit. The technological and the operational / legal aspects of bank branch audit were covered in its totality by all the learned faculties. A half day seminar on Real Estate - Affordable Housing Projects was organized which covered the direct tax, indirect tax and other compliances of such projects.
The erstwhile successful GST Study course is now revamped and Advance GST Study Course was held during the month with latest updates. Other educational events include GST Seminars, Direct tax seminars, etc.
Interactive sessions with Income tax officials such as PCCIT - Gujarat, DGIT System – New Delhi, CIT (CPC – TDS), etc were the hallmark for the month because all the sessions were held for solving / intimating the various issues faced by the members. CGST and SGST officials also had discussions regarding the pending GST refunds for exporters, the details of which were duly shared with all the members for their benefit.
It’s that time of the year when we need to update and upgrade ourselves for the upcoming financial year. We will have to plan the entire year’s activities for our offices. Gone are the days when CAs had timelines or important due dates for few months. Now every month has an important due date coming up. Let’s all be ready for such professional commitments in a manner that no unnecessary pressure is created on our physical health or personal life and we still accomplish all the tasks before the timelines.
With this I wish all of you to Stay Healthy & Stay Fit.
CA. Nirav R Choksi
Ahmedabad Branch of WIRC of ICAI