NORTHERN INDIA REGIONAL COUNCIL - nirc@icai Newsletter 4 July.pdf · Pooja Bansal, Member CA....

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NORTHERN INDIA REGIONAL COUNCIL OF THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA e-Newsletter VOL. XLVI, No. 4 June 2018

Transcript of NORTHERN INDIA REGIONAL COUNCIL - nirc@icai Newsletter 4 July.pdf · Pooja Bansal, Member CA....

Page 1: NORTHERN INDIA REGIONAL COUNCIL - nirc@icai Newsletter 4 July.pdf · Pooja Bansal, Member CA. Rajender Arora, Member CA. Sumit Garg, Member CA. Rakesh Makkar, Member CA. Deepak Garg,

NORTHERN INDIA REGIONAL COUNCILOF

THE INSTITUTE OF CHARTEREDACCOUNTANTS OF INDIA

e-Newsletter

VOL. XLVI, No. 4

June 2018

Page 2: NORTHERN INDIA REGIONAL COUNCIL - nirc@icai Newsletter 4 July.pdf · Pooja Bansal, Member CA. Rajender Arora, Member CA. Sumit Garg, Member CA. Rakesh Makkar, Member CA. Deepak Garg,

EDITORIAL BOARD

[email protected] ; [email protected]

CA. Pankaj Periwal, Chairman

CA. Nitin Kanwar, Vice-Chairman

CA. Pooja Bansal, Member

CA. Rajender Arora, Member

CA. Sumit Garg, Member

CA. Rakesh Makkar, Member

CA. Deepak Garg, Member

Editor : CA. Pankaj Periwal

From the Desk of the Chairman...

Dear Professional Colleagues,

A very HAPPY CA DAY to all of you!

It is a matter of great pride for all of us to be a part of

this glorious profession.

On July 1st, 1949, an act of parliament gave birth to

the Institute of Chartered Accountants of India.

Founded a year before the constitution of India was

formalised; the ICAI counts itself among the oldest

professional institutions of the country. I take pride in

mentioning that it is the second largest professional

accounting and finance body in the world in terms of

members, with a current roaster of about 3,00,000

members.

ICAI lays down very strict code of ethics for the

Members as well as the Students. As we are entering

into the Platinum Jubilee year, of its glorious existence,

I will like to remind everyone of the official motto of

ICAI which is a quote from the Upanishad which reads

“Ya esha supteshu jagriti”. It translates as “the one

who is awake in those that sleep”. Last year at the

same time, we had a mammoth task in front of us

which was the implementation of GST. We the

Chartered Accountants spent many sleepless nights

and made exceptional efforts to ensure its proper

implementation truly living by the motto of our

profession.

This month has been a dynamic one.

Chartered Accountancy: A profession that teaches us that, “There is no magic to achievement. It's really about hard work, choices and persistence.”

Page 3: NORTHERN INDIA REGIONAL COUNCIL - nirc@icai Newsletter 4 July.pdf · Pooja Bansal, Member CA. Rajender Arora, Member CA. Sumit Garg, Member CA. Rakesh Makkar, Member CA. Deepak Garg,

CA Day Celebrations

Nationwide CA Day has been celebrated with a lot of

zeal and vigour. The Flag hoisting ceremony and

programmes for welfare of members like blood

donation camps, Health Check-ups, Tree Plantation

drives and Marathons were held at various Branches.

At the NIRC level a wonderful cultural evening “CA.

Parivaar Prastuti- 2018 “ was organised by and for the

CA Members and their families on 30th June, 2018. It

was an honour for us to have Mrs. Veena Virmani;

Chairperson, Standing Committee North Delhi

Municipal Corporation as the Guest of Honour.

MEMBER PROGRAMS

In its continuous endeavour to provide our esteemed

members with the best knowledge updates, various

seminars have been held in NIRC in the past one

month.

• A Two day National Conclave on GST was hosted by

NIRC on 1st & 2nd June, 2018. It was organised by

Committee on Public Finance & Government

Accounting & the Committee for Capacity Building of

Members in practice of ICAI. Sh.Upender Gupta,

Commissioner (GST) CBIC, Sh. Ravneet Singh

Khurana, Joint Commissioner (GST) CBIC, Sh. Rakesh

Aggarwal, CA. Atul Kumar Gupta CCM, CA. H.L. Madan,

Ms. Kajal Singh, EVP (Services) GSTN; Sh. Parkash

Kumar, CEO, GSTN; CA. Rohini Agarwal; Mr. Pankaj

Arora, Senior Manager (Services) GSTN; CA. J. K.

Mittal were the key speakers of the conference. The

event was a grand success.

• A Conclave on Fraud Investigation, Reporting and

Prevention, Forensic Accounting was held on 9thJune,

2018 wherein CA. Aakriti Kundra, Mr. Alok Gupta and

Mr. Rahul Magan were the key speakers.

• A Seminar on Year End Finalization and GST Audit

was jointly held with several CPE Study circles on 15th

June, 2018 wherein was deliberated by CA. P.K Mittal,

CA Madhurkar N. Hiregange, CCM, CA Gaurav Gupta

and CA. Puneet Oberoi were key Speakers.

• A Seminar on Income Tax was held on 16th June,

2018 with CA. Vimal Punmiya, CA K.K. Chythanya and

CA (Dr.) Rakesh Gupta as the key speakers.

• To promote a healthy lifestyle on the International

Yoga Day on 21st June, 2018 programmes on Yoga

were held at NIRC and its various branches.

CSR Activities and Developmental work

The greatest threat to our planet is the belief that

someone else will save it. The environment and the

economy are really both two sides of the same coin. If

we cannot sustain the environment we cannot sustain

ourselves.

• In the last month I had informed you all regarding

the task of installation of Vertical gardens at different

venues which was assigned by the Deputy

Commissioner, City-SP Zone North Muncipal

Corporation Delhi. I am happy to inform that the first

Vertical garden at Utkarsh Municipal School, Near

Turkmaan Gate is about to be completed. I will be

sharing the pictures in next Edition.

• I happily inform that G-19, CA Bar Room, C.R.

Building has been renovated and has become

operational now.

• The Vishwas Nagar Auditorium has been renovated

and is ready for use now.

CHARTERED ACCOUNTANTS BENEVOLENT FUND

I am thankful to CA. Dheeraj Chatley Son of Late

CA. Jagdish Mittar Chatley for his contribution of Rs

50000/- to Chartered Accountants Benevolent Fund in

Memory of his father who expired on 28.05.2018.

I further appeal my fellow members to contribute

generously towards the cause and become a life

member of The Chartered Accountants Benevolent

Fund (CABF) to help the necessitous members and

their families in distress.

Friends in the end I would just like to say that,

“The price of success is hard work, dedication to

the job at hand and the determination that

whether we win or we loose, we have applied the

best of ourselves to the task at hand.

Success is not final, failure is not fatal: it is the

courage to continue that counts”.

Date: 3rd July, 2018Place: Ludhiana

CA. Pankaj Periwal,Chairman, NIRC of ICAI

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June, 2018 NIRC NEWSLETTER

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June, 2018 NIRC NEWSLETTER

Page 6: NORTHERN INDIA REGIONAL COUNCIL - nirc@icai Newsletter 4 July.pdf · Pooja Bansal, Member CA. Rajender Arora, Member CA. Sumit Garg, Member CA. Rakesh Makkar, Member CA. Deepak Garg,

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June, 2018 NIRC NEWSLETTER

Gratitude on the sad demise of CA.JAGDISH MITTAR CHATLEY

(M.NO.009533) ON 28.5.2018. He died at the age of 73 years at ludhiana.

May the departed soul rest in peace.

Page 7: NORTHERN INDIA REGIONAL COUNCIL - nirc@icai Newsletter 4 July.pdf · Pooja Bansal, Member CA. Rajender Arora, Member CA. Sumit Garg, Member CA. Rakesh Makkar, Member CA. Deepak Garg,

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June, 2018 NIRC NEWSLETTER

29th June, 2018

Option for Polling Booth - Elections to the Twenty-Fourth Council and Twenty-Third Regional Councils

ANNOUNCEMENT

The next elections to the Council and the Regional Councils of the Institute of Chartered Accountants of India are scheduled to be held on 7th and 8th December, 2018 in cities having more than 2500 members (i.e. Ahmedabad, Bengaluru, Chennai, Delhi/New Delhi, Gurgaon, Hyderabad, Indore, Jaipur, Kolkata, Mumbai, Pune, Surat and Thane) and on 8th December, 2018 at all other places in terms of the provisions of Rule 21 of the Chartered Accountants (Election to the Council) Rules, 2006 specified by the Central Government. According to the provisions of clause (3) of Schedule 2 to Rule 6 of the aforesaid Rules, a notice is required to be published giving the voters in cities, having more than one polling booth located at different addresses, an opportunity to exercise their option to vote at a particular polling booth within that city.

Accordingly, an Announcement for Option for a particular polling booth in cities/towns i.e., Bengaluru, Mumbai, Kolkata, Delhi/New Delhi and Chennai having more than one polling booth located at different addresses has been hosted on the website of the Institute. For full details, kindly visit the Institute's website www.icai.org

(V. Sagar)Secretary and Returning Officer

Page 8: NORTHERN INDIA REGIONAL COUNCIL - nirc@icai Newsletter 4 July.pdf · Pooja Bansal, Member CA. Rajender Arora, Member CA. Sumit Garg, Member CA. Rakesh Makkar, Member CA. Deepak Garg,

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Exclusive Deal for Chartered Accountants of

Northern Region Only

COMBO OFFER

June, 2018 NIRC NEWSLETTER

Hey! Do not get stressed,Hey! Do not get stressed,Articleship is the next step.Articleship is the next step.Enter into this amazing ship,Enter into this amazing ship,

Now, you’re eligible for this golden ship.Now, you’re eligible for this golden ship.

Start your ship,Start your ship,Without any fail.Without any fail.

Learn, how to hold the grip,Learn, how to hold the grip,Without any ambiguity, through numerous trails.Without any ambiguity, through numerous trails.

Become an artist of Audit and Tax,Become an artist of Audit and Tax,Develop your skill, in leadership as well.Develop your skill, in leadership as well.

Effective communication would shine, as an ornament in you,Effective communication would shine, as an ornament in you,Policy making & implementing would be, much easier for you.Policy making & implementing would be, much easier for you.

Theory not complete, without practical dear,Theory not complete, without practical dear,Else, true understanding of the subject, would take many years.Else, true understanding of the subject, would take many years.

Having completed your training, be superstar in every finance field,Having completed your training, be superstar in every finance field,Find multi avenues, standing, welcoming & giving, a high good yield.Find multi avenues, standing, welcoming & giving, a high good yield.

Hey Article! Give new ways to CA fraternity,Hey Article! Give new ways to CA fraternity,You’ve been growing up technologically advanced, in the present modernity.You’ve been growing up technologically advanced, in the present modernity.

Promise yourself, that you will serve the society, with a sense of eternity,Promise yourself, that you will serve the society, with a sense of eternity,It’s possible when let your ship sale, through articleship, artisticallyIt’s possible when let your ship sale, through articleship, artistically

Hey! Do not get stressed,Articleship is the next step.Enter into this amazing ship,

Now, you’re eligible for this golden ship.

Start your ship,Without any fail.

Learn, how to hold the grip,Without any ambiguity, through numerous trails.

Become an artist of Audit and Tax,Develop your skill, in leadership as well.

Effective communication would shine, as an ornament in you,Policy making & implementing would be, much easier for you.

Theory not complete, without practical dear,Else, true understanding of the subject, would take many years.

Having completed your training, be superstar in every finance field,Find multi avenues, standing, welcoming & giving, a high good yield.

Hey Article! Give new ways to CA fraternity,You’ve been growing up technologically advanced, in the present modernity.

Promise yourself, that you will serve the society, with a sense of eternity,It’s possible when let your ship sale, through articleship, artistically

Hey Article! Let your Ship Sale Through Articleship!!

CA Priti Kachhal

Page 9: NORTHERN INDIA REGIONAL COUNCIL - nirc@icai Newsletter 4 July.pdf · Pooja Bansal, Member CA. Rajender Arora, Member CA. Sumit Garg, Member CA. Rakesh Makkar, Member CA. Deepak Garg,

Interactive Seminar on Audit (SA's) & Code of Ethics/CARO/Companies Amendment Act

Forthcoming Seminars of NIRC of ICAI

Day & Date

Timings

CPE Hrs

Venue

Fees

Saturday 07th July, 2018

09.30 AM – 05.30 PM

6 (Six) CPE Hrs.

Hotel Park

• Rs. 1500/- + GST Online at www.nirc-icai.org/seminars

• Rs. 1700/- + GST Only with Cheque/DD on the spot

• No Cash will be accepted

• No fees for Annual Members of NIRC (All Study Group).

AGM and Seminar for the Preparers and Auditors of Financial Statements J/w FRRBDay & Date

Timings

CPE Hrs

Venue

Online Payment

Saturday, 14th July, 2018

09.30 AM – 05.30 PM

6 (Six) CPE Hrs.

Hotel Park, Delhi

• Rs. 1500/- + GST Online at www.nirc-icai.org/seminars

• Rs. 1700/- + GST Only with Cheque/DD on the spot

• No Cash will be accepted

• No fees for Annual Members of NIRC (All Study Group).

Sub Regional Conference Jointly with Faridabad Branch of NIRC of ICAIDay & Date

Timings

CPE Hrs

Venue

Fees

Saturday 15th July, 2018

09.30 AM – 05.30 PM

6 (Six) CPE Hrs.

Faridabad

• Fees will be decided by Faridabad Branch of NIRC of ICAI

• No Cash will be accepted

• No fees for Annual Members of NIRC (All Study Group).

Seminar on Recent issues in GSTDay & Date

Timings

CPE Hrs

Venue

Online Payment

Saturday, 21st July, 2018

09.30 AM – 05.30 PM

6 (Six) CPE Hrs.

Hotel Park, Delhi

• Rs. 1500/- + GST Online at www.nirc-icai.org/seminars

• Rs. 1700/- + GST Only with Cheque/DD on the spot

• No Cash will be accepted

• No fees for Annual Members of NIRC (All Study Group).

June, 2018 NIRC NEWSLETTER

Seminar on NPO

Day & Date

Timings

CPE Hrs

Venue

Online Payment

Saturday, 28th July, 2018

09.30 AM – 05.30 PM

6 (Six) CPE Hrs.

Hotel Hans, CP

• Rs. 1500/- + GST Online at www.nirc-icai.org/seminars

• Rs. 1700/- + GST Only with Cheque/DD on the spot

• No Cash will be accepted

• No fees for Annual Members of NIRC (All Study Group).

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June, 2018 NIRC NEWSLETTER

International Study Tour at Europe, Paris and Switzerland

Day & Date

Timings

Venue

Fees

2nd to 8th Aug, 2018

09.30 AM – 05.30 PM

Europe, Paris and Switzerland

Rs. 1,30,000

All Regional Joint Conference with Gurgoan Branch of NIRC of ICAI

Day & Date

Timings

CPE Hrs

Venue

Online Payment

Saturday, 10th & 11th August, 2018

09.30 AM – 05.30 PM

12 (Twelve) CPE Hrs.

Gurgoan

• No fees for Annual Members of NIRC (All Study Group).

Sub-Regional Conference of J & K (Residential)

Day & Date

Timings

CPE Hrs

Venue

Online Payment

Saturday, 18th – 19th August, 2018

09.30 AM – 05.30 PM

6 (Six) CPE Hrs.

Jammu & Kashmir, Patnitop

Rs.14000/- ( Per Couple)

Rs.7000/- Single Member

Seminar on Ind AS

Day & Date

Timings

CPE Hrs

Venue

Online Payment

Saturday, 25th August, 2018

09.30 AM – 05.30 PM

6 (Six) CPE Hrs.

Hotel Eros, Nehru Place

• Rs. 1500/- + GST Online at www.nirc-icai.org/seminars

• Rs. 1700/- + GST Only with Cheque/DD on the spot

• No Cash will be accepted

• No fees for Annual Members of NIRC (All Study Group).

Seminar on GST

Day & Date

Timings

CPE Hrs

Venue

Online Payment

Saturday, 01st September, 2018

09.30 AM – 05.30 PM

6 (Six) CPE Hrs.

To be decided

• Rs. 1500/- + GST Online at www.nirc-icai.org/seminars

• Rs. 1700/- + GST Only with Cheque/DD on the spot

• No Cash will be accepted

• No fees for Annual Members of NIRC (All Study Group).

Page 11: NORTHERN INDIA REGIONAL COUNCIL - nirc@icai Newsletter 4 July.pdf · Pooja Bansal, Member CA. Rajender Arora, Member CA. Sumit Garg, Member CA. Rakesh Makkar, Member CA. Deepak Garg,

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National Conclave on GST Organized by Committee on Public Finance & Government Accounting of ICAI Jointly with Committee for Capacity Building of Members in Practice of ICAI Hosted by Northern India Regional Council (NIRC) of the ICAI held on 1st & 2nd June 2018

June, 2018 NIRC NEWSLETTER

Badminton & Table-Tennis Tournament for Members held on 3rd June 2018.

Conclave on Fraud Investigation, Reporting and Prevention Forensic Accounting: Process and Scope held on 9th June 2018

Seminar on Year End Finalization And GST Audit Jointly With Tri Nagar Keshav Puram CPE Study Circle, Central Delhi CPE study Circle , Dhaka Chambers Study Cirlce, Panchkui Marg CPE Study Circle and Patel Nagar CPE Study Circle held on 15th June 2018

Page 12: NORTHERN INDIA REGIONAL COUNCIL - nirc@icai Newsletter 4 July.pdf · Pooja Bansal, Member CA. Rajender Arora, Member CA. Sumit Garg, Member CA. Rakesh Makkar, Member CA. Deepak Garg,

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CA. Day Celebrations (Cultural Program) held on 30 June 2018

June, 2018 NIRC NEWSLETTER

Seminar on Income Tax held on 16th June 2018

Yoga Day held on 21st June 2018

A View at the Marathon, Tree Plantation, Flag Hoisting on the occasion on the CA Day

Inauguration of Auditorium at ICAI Bhawan, Vishwas Nagar Inauguration of G-19 Bar Room, CR Building, I.T.O

1. A View at the Seminar on GST & ITR Returns organized by H.P Branch of NIRC of ICAI

Page 13: NORTHERN INDIA REGIONAL COUNCIL - nirc@icai Newsletter 4 July.pdf · Pooja Bansal, Member CA. Rajender Arora, Member CA. Sumit Garg, Member CA. Rakesh Makkar, Member CA. Deepak Garg,

CA. Pankaj Periwal,Chairman, NIRC of ICAI

Mob. 9417240316Email- [email protected]

CA. Nitin KanwarVice-Chairman, NIRC of ICAI

Mob. 9716048641, 9810387163Email- [email protected]

[email protected]

CA. Pooja Bansal (Mrs.)Secretary, NIRC of ICAI

Mob. 9810550051Email- [email protected]

CA. Rajender AroraTreasurer, NIRC of ICAI

Mob. 9891112120Email- [email protected]

CA. Sumit GargChairman, NICASAMob. 9560064645

Email- [email protected]

CA. Deepak GargMember, NICASAMob. 9811064105

Email- [email protected]

CA. Yogita Anand(Mrs.)Member, NIRC of ICAI

Mob. 9582447118Email- [email protected]

CA. Rajesh Kr. AgrawalMember, NIRC of ICAI

Mob. 9868156062, 9910056062Email- [email protected]

CA. Rakesh MakkerMember, NICASAMob. 9811104384

[email protected]

CA. Vivek KhuranaMember, NIRC of ICAI

Mob. 9868520786Email- [email protected]

CA. Alok JainMember, NIRC of ICAI

Mob. 9899259011Email- [email protected]

CA. Rajinder NarangMember, NIRC of ICAI

Mob. 09416045023, 09812645023Email- [email protected]

CA. Swadesh GuptaMember, NIRC of ICAI

Mob. 9312580854Email- [email protected]

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June, 2018 NIRC NEWSLETTER

Page 14: NORTHERN INDIA REGIONAL COUNCIL - nirc@icai Newsletter 4 July.pdf · Pooja Bansal, Member CA. Rajender Arora, Member CA. Sumit Garg, Member CA. Rakesh Makkar, Member CA. Deepak Garg,

June, 2018

CA Naveen N.D. GuptaPresident, ICAI

CA. Prafulla Premsukh ChhajedVice-President, ICAI

NIRC OF ICAI - 2016-2019 (Central Council Members from Northern Region)

CA. Rajesh Sharma

CA. Sanjiv Kumar ChaudharyCA. Sanjay AgarwalCA. Vijay Kumar Gupta

CA. Atul Kumar Gupta CA. Sanjay Vasudeva

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