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WIRC Newsletter April 19 4

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WIRC Newsletter April 19 4 NEWSLETTER Rajkot Branch of WIRC of the Institute of Chartered Accountants of India NEW FINANCIAL YEAR 2019-20 Web : www.rajkot-icai.org | Email : [email protected] NEWSLETTER Rajkot Branch of WIRC of the Institute of Chartered Accountants of India CHAIRMAN’S MESSAGE INSIDE THIS ISSUE My Dear Professional Colleagues, Managing & Sub ...4 Committees At this juncture of my professional journey, I find it extremely gratifying and blessed to take over charge as Forthcoming events ...5 the 39th Chairman of Rajkot Branch of Western India INC - 22A ( Active Regional Council (WIRC) of The Institute of Chartered Company Tagging Accountants of India (ICAI), more so in its Platinum Identification and Verification ) Jubilee year. The trust and confidence reposed in me E Form Filling ...6 by my colleagues in the committee fills me with unparalleled joy and happiness. With pride, coupled with a sense of responsibility, I pen my first communication as Chairman. Kidney: all you should know about structure, function and disease ...9 What I firmly believe is that to do something for the CA profession is just like to serve our parents. As our parents give us the life, this profession has also given a new life to all us. Swami Vivekananda’s Synthesis of Four Yogas And according to me there is no better worship than to continuously work for the one The Ideal For who or which has given us such a beautiful life. New Civilization ...12 Glimpses of Past events ...15 As far as the agenda of this year is concerned… As we all know, Rajkot branch has been continuously performing at its best throughout the past years and many academic, professional, students’ related and social welfare events and activities are organized by the branch. It is actually the tradition of the Rajkot Branch to improve, enhance and innovate constantly. This year also we shall continue the benchmarks set during the past years and the trend of innovation. APPEAL TO CONTRIBUTE KNOWLEDGE SHARING : There are certain new agendas to be worked upon in the upcoming year, which matters a lot!!! We wholeheartedly invite articles, professional news 1. We will try to organize joint programs with the surrounding branches of Saurashtra and updates and other useful miscellanea. ......and Kutch wherein we can create a bonding between members of those branches ......also. Please send/write to us on Rajkot Branch at 2. This year we have planned to have more number of joint lectures with Other [email protected] .......Professional Bodies and Associations. or 3. We shall start Members’ lounge with many facilities like space for group discussion, to any of the committee ......availability of various tax related softwares members’ library with all useful members. ......professional books and online database etc. 4. The branch has already started full-fledged coaching classes as per the HO guidelines ......and I am very happy to share with you that we have received really good support and ......in the coming year we shall try to reach to newer heights to serve the students ......fraternity. 2 NEWSLETTER Rajkot Branch of WIRC of the Institute of Chartered Accountants of India CHAIRMAN’S MESSAGE 5. It shall be our endeavor to Increase importance and presence of our fraternity in government departments. 6. In addition to RRC, we shall have a one day picnic for members also. 7. We shall have more Study Circles in the form of Group Discussions. 8. We shall try to have Videography of all the seminars with prior approval of respective speaker for the benefits of members ......at large. 9. We shall approach RMC and Other Regulatory Authorities to Name Road approaching our Institute Building as ICAI Marg. 10. We shall form one Permanent study circle groups, whereby interested members can meet every Sunday for two-three hours ........and can discuss over all the recent topics and amendments. Fortunately, the branch has a team of very young and enthusiastic committee members who are desperate for betterment of branch and always active. Also we are fortunate to get continuous guidance from seniors. So I think we shall be able to achieve even more than this. And yes, suggestions are always welcome. I can be reached at: # +91 9974741312 @ [email protected] At last, would like to conclude with my most favourite dialogue from one of my favourite movies… Regards, CA. Bhavin Mehta Chairman, Rajkot Branch of WIRC of ICAI Image Courtesy: dontgiveupworld.com 3 NEWSLETTER Rajkot Branch of WIRC of the Institute of Chartered Accountants of India MANAGING COMMITTEE 2019-20 SUBCOMMITTEE MEMBERS CHAIRMAN CA. Bhavin Mehta 9974741312 [email protected] CA. Ajay Maru VICE CHAIRMAN CA. Vinay Sakariya CA. Ankit Kothari 9638982500 [email protected] CA. Dhaval Doshi SECRETARY CA. Hardik Vyas CA. Gopal Sonecha 9879428512 [email protected] CA. Hemang Savjani TREASURER CA. Jignesh Rathod CA. Khushboo Ganatra 9924516576 [email protected] CA. Maulik Tolia WICASA CA. Deepti Savjani CA. Sidhhi Dalal CHAIRPERSON 9904347388 [email protected] CA. Tanmay Shah MANAGING CA. Bhavin Doshi CA. Vishal Rachchh COMMITTEE 9924006399 MEMBERS: [email protected] CA. Yogesh Sangani CA. Sanjay Lakhani 9427263462 [email protected] BRANCH CA. Drushti Desai NOMINEE WIRC 4 NEWSLETTER Rajkot Branch of WIRC of the Institute of Chartered Accountants of India FORTHCOMING EVENTS Date & Time Topics 20-Apr-2019 04:00 pm to 07:00 pm Seminar on recent updates on GST incl. Real Estate Transactions 07:00 pm to 08:00 pm Interactive Session of WIRC Team with CA Members and Students CPE : 3 hours Fees: For CA Members: Rs.200/- + GST@18% For Young CA. Members: Rs.175/- + GST@18% For CA Students: Rs.50/- Venue : ICAI Bhawan, Giriraj Nagar Main Road, Near Raiya Circle, Off 150 ft. Ring Road, Rajkot-360007 Member having registered with the Institute for Membership on or after January 01, 2014 shall be considered as Young CA Member for the said seminar. Certificate Course on Forensic Accounting and Fraud Detection at Rajkot Branch Course Fees : Rs. 23600/- ( Rs. 20000+ 18% GST ) 5 NEWSLETTER Rajkot Branch of WIRC of the Institute of Chartered Accountants of India INC - 22A ( Active Company Tagging Identification and Verification )E Form Filling E-Form INC-22A is required to be filed pursuant to section 12 of the of the Companies Act, 2013 Once again Ministry of Corporate Affairs ( MCA) came up with another strong move by introducing a new form INC-22A which is known as e-form Active ( Active company tagging identities and verification ). Vide notification dated 22nd February 2019 and has amended the CA. Dhaval Doshi Companies ( Incorporation ) Rules, 2014 and notified Companies ( [email protected] Incorporation ) Amendment Rule 2019 which shall come from 25th February 2019 . In Companies ( Incorporation ) Rules 2014 after rule 25 a new rule 25A has been inserted. A. Applicability : Every company incorporated on or before December 31, 2017, shall file the particulars of the company and its registered oce, in e-Form ACTIVE (Active Company Tagging Identities and verification) on or before 25.04.2019” B. Not Applicable : ( Excluded Companies ) : Following Companies are not required to file INC-22A Active form. a) Struck off Companies b) Under the process of striking off c) Under liquidation or amalgamated d) Dissolved as recorded in the register e) Company Incorporate on 1st January, 2018 or after ..... C. Due date filling for INC - 22A and Fees Sr No. Last Date Of Filling Fees 1 25th April 2019 No Fees 2 26th April 2019 onwards Rs. 10,000/- D. Restriction for file INC-22A Following situation in which company will be unable to file the form INC -22A a) If Company not filed its annual Return for the F.Y 2017-18 ( i.e AOC-4 and MGT -7 etc.... ) b) If the DIN of the Director is not approved . c) If Company not appointed Company Secretary in Listed Company or Company whose paid up share capital is Rs. 10 Crores or More 6 NEWSLETTER Rajkot Branch of WIRC of the Institute of Chartered Accountants of India INC - 22A ( Active Company Tagging Identification and Verification )E Form Filling d) if company has not appointed MD , CEO, Manager and their absence WTD in case company is Listed company or Public Company having a paid up share capital is Rs, 10 Crore or More. e) Company has not appointed CFO ( Chief Financial ocer ) in case company is Listed company or Public company having paid up share capital is Rs. 10 Crore or More f) if the appointment of Statutory Auditor and Cost Auditor is not done. E. Details Required in INC - 22A: a) Company Name , Address and CIN b) Latitude and Longitude details of Registered Oce c) Email Id of the company d) enter OTP for email id of the company e) Details of Statutory Auditor ( Name , PAN , Membership Number , FRN and Period of appointment ) f) Details of Cost Auditor ( If Applicable ) g) Number of Directors , Name , DIN , Status of DIN h) Details of MD/ CFO/ WTD i) Details of Company Secretary j) SRN Number of AOC-4 / MGT- 7 filed for the F.Y 2017-18 F. Mandatory Attachment : a) Photograph of Registered Oce of Company External Building & Photograph of Registered oce of Company Inside oce showing therein at least one Director or Key management person who will ax his/her digital sign to form INC-22A b) Latitude and Longitude of Registered oce One can go on this link, https://www.latlong.net/put the location of the registered oce of the company. You will get longitude and latitude of the registered oce. G. Email OTP Verification : Form INC 22 A is E-form in this details of company email id is required. One submission form will generate OTP and send to Email ID of Company.
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