CA. Ghia Tarun Jamnadas

CA. Ghia Tarun Jamnadas [email protected] [email protected]

CA Tarun Jamnadas Ghia is the Elected Central Council Member of the Institute of Chartered Accountants of India (ICAI). He is the Chairman, Committee for Members in Industry (CMII) of the ICAI.

At ICAI, member of 12 Committees namely: 1) Member of Accounting Standards Board 2) Member of the Direct Tax Committee 3) Member of Board of Studies 4) Member of Committee on Information Technology 5) Member of International Affairs Committee 6) Member of Professional Development Committee 7) Member of Committee on Economic, Commercial Laws and WTO 8) Member of Editorial Board 9) Member of Committee on International Taxation, 10) Member of Public Relations Committee 11) Member of Women Members Empowerment Committee 12) Member of Committee for Capacity Building for CA Firms and Small and Medium Practitioners.

He is the ICAI representative on the Advisory Group of National Foundation for Corporate Social Responsibility (NFCSR) of the Indian Institute of Corporate Affairs, Ministry of Corporate Affairs.

Mr. Ghia’s other associations comprise:

● Director, Accounting Research Foundation

● Convener of ICAI Group on Equitable Distribution of audit opportunities, bank audit allotments, bank concurrent audit allotments, responses to tendering etc.

●Member of CRET: Committee for Review of Education and Training

●Member of the India Economy Group of the ICAI

●Member of Infrastructure Development Committee of ICAI

●Member of the Group to look into Order passed by the Competition Commission of India

His past association includes Member, Committee for Government Accounting, South Asian Federation of Accountants (SAFA).

As regards the brief introduction of his personal profile and the contributions made by him in the Professional sphere, CA. Tarun Ghia is born and brought up in Saurashtra and completed his schooling from Kamani Forward High School, Amreli, Saurashtra, Gujarat. He did his graduation in Bachelor of Commerce degree from H R College of Commerce & Economics, Mumbai. He is Practicing Chartered Accountant since 1984. Partner in M/s. TMG and Associates with core area of practice being consultancy, appellate and drafting/documentation works besides being a Consultant to various redevelopment projects.

He pleaded in person Writ Petitions at Bombay High Court and –

 Brought directions for transparency in empanelment for and allotment of bank branch audits.

 Obtained directions of transparency and objectivity in empanelment for and allotment of co-operative audits at State level as well as Divisional level.

 Has initiated steps for transparency and objectivity in empanelment for and allotment of co-operative audits at State level as well as Divisional level in Gujarat State. As also in empanelment in concurrent audits in banks.

Moreover, as a speaker, CA. Tarun Ghia has addressed –

 Several times Commissioners of Income Tax on Taxation of shares and securities transactions and Tax issues in construction industry, redevelopments and immovable property transactions etc.  CBI Officers on property laws, succession laws, disproportionate assets  Officers of Registrar of Companies, Sales Tax Officers and Assistant Commissioners of Sales Tax on topics of professional interests.  The Institute of Valuers comprising Architects, engineers and other valuers on legal and tax aspects on redevelopments.  ICAI All India conferences on accounting and tax aspects in entertainment industry, tax issues in construction industry and immovable property transactions.  Various seminars organized by WIRC.  Public meetings on union budget proposals.  Addressed more than 250 meetings of Chartered Accountants and others organized by WIRC, ICAI and others.

As a writer, CA. Ghia has contributed various mindful and thought provoking articles in –  Newspapers like The Times of India (Property Section), DNA (Money Section), Janmabhoomi, Vyapar, Commodity World, The Asian Age, and trade journals like Construction World, Bombay Construction and Indian Construction. He was interviewed live on CNBC Awaz News when MOFA was not revalidated for a short period after March 2005.

 Professional journals like the Chartered Accountant Journal, Income Tax Review, Bombay Chartered Accountants’ Journal, the Chartered Accountant Practice Journal, Taxmann, Sales Tax Review to name a few. Following are the professional organizations, with which CA. Ghia actively associated:  Co-opted member on the Journal Committee of the Bombay Chartered Accountants’ Society.  Co-opted in the Core Group of the Chamber of Tax Consultants.  Was Member of WIRC and a Chairman of Members in Industry Committee of WIRC of ICAI.  Was a member of the Managing Committee of Sales Tax Practioners’ Association of Maharashtra, Convener of Journal Committee and a Member of Committee for Protection of Tax Payers. He is an Advisor to the Builders’ Association of India on direct tax matters and for their representations to the Government and other concerned authorities. Moreover, he is a regular writer on RTI in newspapers and professional journals as well as addressed meetings of professionals and successfully pleaded petitions at State and Central levels. He successfully pleaded arbitration proceedings at appellate levels in respect of share market transactpetition He is a Member of the India Forensic Research Foundation.

He is well versed with and regularly addresses meetings in legal and practical aspects of Construction laws, property laws, BMC laws, rent control laws, co-operative laws, stamp duty and registration laws, RTI law and is conversant with reading of building plans related approvals and their respective relevance and significance under the general laws and under direct and indirect tax laws.

Formerly, he was a lecturer in senior colleges affiliated to Mumbai University in the subjects of accountancy and Income tax. He had been a visiting faculty for the subject of Income Tax in the intensive Coaching Classes conducted by ICAI for Inter C.A. students as well as visiting faculty for the subject of Income Tax in the intensive Coaching Classes conducted by the Bombay Chartered Accountants’ Society.

To serve the cause of the profession and members of the profession, CA. Tarun Jamnadas Ghia is always available to members in respect of any issue pertaining to the fraternity at large or even individual issues pertaining to the ICAI.