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Western India Chartered Accountants Newsletter APRIL, 2021

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Western India Chartered Accountants Newsletter APRIL, 2021 The Institute of Chartered Accounants of India RNI No.: 22878/1975 | Regn. No. MCN/277/2021-2023 (Set up by an Act of Parliament) Issue 4, Vol. 47, Mumbai Western India Chartered Accountants Newsletter APRIL, 2021 Message from Chairman’s Desk Dear Professional Colleagues, “A clear vision backed by definite plans is the way to success”. Hence, we have ensured that our vision for 2021 is crystal clear. As mentioned in my last communication, we will be ‘BOLD’ and FOCUS on CSR to grow as individuals and as a Region. order to combine our synergies to reach out to It give me great pleasure to wish all members and a larger student body and give them the gift of a an students a very happy 70th Foundation Day of our exciting and growth-oriented career. In this Issue Regional Council, which is celebrated from 1st April, Meeting with Members in Industry 2021 onwards. We had a meeting with Mr. Ashish P. Gujarati, Vice I am glad to announce that during the last month we President & Mr. Manish R. Kapadiya, Hon. Treasurer generated 49,500 CPE hours from Virtual CPE Meetings. of South Gujarat Chamber of Commerce & Industry (SGCCI) to create better relations for the future. We Office Bearers Based on our focus areas, I am proud to announce connected with various members in industry like JSW CA. Manish Gadia three new initiatives undertaken by us, namely the Steel, Forbes Group, Nayara Energy, Aditya Birla & Chairman ‘WOW Series’ , the ‘Tech Edge Series’ and ‘Learning Times Group to explore create stronger synergies. CA. Drushti Desai from the Legends’ . Vice Chairperson Covid Vaccination Women On Wednesday (WOW) Series CA. Arpit Kabra We are pleased to inform you that WIRC has tied up To ensure development and increasing professional Secretary with hospitals as below: opportunities for Women CAs, we have begun the CA. Jayesh Kala ‘WOW Series of Lectures’. These will take place on the • Accord Hospital • Tarachand Hospital Treasurer 2nd Wednesday of each month. The first in this series • H G Cancer centre • Bhatia Hospital was attended by 495 participants. • Kokilaben Hospital • KG Mittal Hospital Tech Edge Series IT, AI, Blockchain, Big Data, etc. are all increasingly • Surana Sethia Hospital & • Sanjeevani Hospital finding their way into our profession. The ‘IT on Research Centre Editorial Board Thursday’ series will take place on 3rd Thursday of During the month, 4670 CAs and their family members CA. Manish Gadia each month and will focus on aspects of Information have taken the benefit of the same. CA. Drushti Desai Technology relevant to the profession. CA. Arpit Kabra “Do not wait until the conditions are perfect to begin. CA. Jayesh Kala Learning from the Legends Beginning makes the conditions perfect.” To inspire and encourage other CAs to get the benefit CA. Lalit Bajaj I am sure that members are geared up for the busy of experience of the legends, we are starting an CA. Murtuza Kachwala initiative to organise a series of interactions with the season. To keep members at the forefront of subject CA. Priti Savla legends of our profession. knowledge, we have organised a number of Webinar on relevant subjects and members are requested to Ex-Officio Meeting with Past Presidents & Past Chairmen attend the same. CA. Prafulla Chhajed To avail the experience and knowledge from the veterans to improve our Region, WIRC organised I request you to share your ideas, vision and suggestions a meeting of the Past Presidents of ICAI from WIRC to [email protected] and Past Chairmen/Chairpersons of WIRC, which saw As always, take care, stay safe and remain healthy. productive interactions between current office bearers and the senior members of the Institute. Best Regards Forthcoming Meeting With University Yours Sincerely, Events We met with Prof. Dinesh Panjwani, Vice Chancellor Page 02 of Hyderabad Sind National University (HSNCU), and Secretary of the Hyderabad Sind National College Board. We also invited Dr. Hemali Desai, Vice Chancellor CA. Manish Gadia of Veer Narmad South Gujarat University of Surat in Chairman Law Updates & Miscellaneous Page 06 FORTHCOMING PROGRAMMES Western India Chartered Accountants Newsletter Message from Vice Chairperson Dear Professional Colleagues, I also take pleasure in reporting that Sangli Branch had organised I take this opportunity in reaching out to you for the second time blood donation camp during the month. through the newsletter. While, we Chartered Accountants play an It is also noted that Nagpur Branch has received a specific indispensable role in the commercial world, the human element of relaxation from the Municipal Commissioner for keeping CA our personalities is inseparable. offices open during lockdown. During this trying time of the pandemic, our Branches in the I look forward to reporting many more efforts by Branchesall the Western Region of the ICAI have stepped up helping the fraternity in coming times. in getting vaccines and RT PCR tests. I recognise the efforts put CA. Drushti Desai in by Ahmedabad, Aurangabad, Amravati, Jalgaon, Nagpur, Pune, Vice Chairperson Solapur, Surat and Vasai Branch in this regard. Virtual Interaction with President & Vice President of ICAI Opportunity for Members Interact with the Leaders of our Institute CA. Nihar N Jambusaria CA. (Dr.) Debashis Mitra President Vice President Day & Date :Saturday, 17th April, 2021 |Time : 5.00 p.m. onwards CA. Manish Gadia CA. Drushti Desai CA. Arpit Kabra CA. Jayesh Kala Chairman Vice Chairperson Secretary Treasurer Forthcoming Events : Webinar for Members Regional Council Time & Date & Day Topic(s) Speaker(s) Members Co-ordinators Fees (Chief Co-ordinators) 03/04/2021 3.00 p.m. Virtual CPE Meeting on Integrated CA. Drushti Desai CA. Dhavni Karia Saturday to Reporting 9820335923 9819900489 CA. Jayesh Kala CA. Nidhi Pandya 6.00 p.m. 03 Introduction to Integrated Reporting CA. Himanshu Kishnadwala 9820010113 7506358911 ` 236/- CA. Lalit Bajaj CA. Payal Shah CPE Hrs Global developments in Sustainability and Mr. P. Sreenivasa Raju 9867692321 9867258133 (Incl. GST) Climate reporting CA. Charmi Shah Emerging opportunities for CAs in BRR and IR Mr. Inderjeet Singh 9833917620 07/04/2021 4.00 p.m. (WOW series) Virtual CPE Meeting CA. Drushti Desai CA. Ruta Chitale Wednesday to 9820335923 8390610136 on Excel Tools & Certification CA. Priti Savla CA. Smita Bafna 6.30 p.m. engagements 9321426883 9422209501 02 ` CPE Hrs 118/- Excel Tools for Audit CA. Charmi Doshi CA. Shilpa Shinagare CA. Shweta Jain (Incl. GST) Certification engagements CA. Padmashree Crasto 9820053395 9920737198 Interactive session 08/04/2021 6.00 p.m. Virtual CPE Meeting on Faceless CA. Drushti Desai CA. Monark Thursday to Assessment 9820335923 Padmani CA. Jayesh Kala 9978523838 8.00 p.m. Procedure and Drafting Skills CA. Dharan Gandhi 9820010113 CA. Parul Saraf 02 ` CPE Hrs 236/- CA. Kamlesh Saboo 9821162477 (Incl. GST) 9819195333 CA. Nehal Turakhia 9833991898 13/04/2021 5.00 p.m. Virtual CPE Meeting on Charitable CA. Drushti Desai CA. Milind Rach Tuesday to Trust 9820335923 9987360505 CA. Rakesh Alshi CA. Deep Dedhia 7.00 p.m. Charitable Entities: Re-registration and recent CA. Gautam Nayak 9819427242 9769654340 02 ` CPE Hrs 236/- amendments CA. Jayesh Kala CA. Nishtha (Incl. GST) 9820010113 Pandya 9819547714 02 APRIL 2021 FORTHCOMING PROGRAMMES Western India Chartered Accountants Newsletter Regional Council Time & Date & Day Topic(s) Speaker(s) Members Co-ordinators Fees (Chief Co-ordinators) 09/04/2021 6.00 p.m. Virtual Workshop on Excel Skill CA. Priti Savla CA. Akshay Friday to for Business 9321426883 Tapadia CA. Yashwant Kasar 7303448712 10/04/2021 9.00 p.m. Saturday Excel Skill for Business - Day to Day CA. Nagarjunrao Akula 9822488777 CA. Supriya ` 11/04/2021 2950/- Operation in CA’s office CA. Umesh Sharma Ausekar Prof. Ajay pande Sunday (Incl. GST) Data Validation 9822079900 7709676874 16/04/2021 Excel functions & Formulas CA. Seema Baheti Friday Working with Multiple Worksheets & 9552598021 17/04/2021 Workbooks Saturday Advanced Formula Techniques 18/04/2021 Data Cleaning and Preparation Sunday Pivot Table Graphs Spreadsheet Chart Pivot Chart Lookup Table Excel Macro Excel Vba 09/04/2021 3.00 p.m. Virtual Refresher Course on Co-operative Society CA. Shilpa Shinagare CA. Sanjeev Vora Friday to 9820053395 8850974019 10/04/2021 Day 1 - Friday 09/04/2021 CA. Yashwant Kasar CA. Milind Joshi 6.00 p.m. Saturday Overview of Co-op Sector, Overview of MCS Act 1960 , Rule 1961 9822488777 9930033939 ` 1500/- 16/04/2021 including MCS Amendment Act 2019, Organisational Chart and Role & CA. Abhijit Kelkar CA. Supriya Friday (Incl. GST) Responsibility of the Registrars : CA. Ramesh Prabhu 9422126890 Sanghvi 17/04/2021 8976333379 Saturday Provisions related to Registration, Deregistration, Amalgamation & 23/04/2021 Bifurcation of the Society : CA. Mukul A. Varma Friday Day 2 - Saturday 10/04/2021 Management of Co-operative Societies Membership – Admission, 15 Resignation, Expulsion of members, Transfer and Transmission of Shares. CPE Hrs Rules & Responsibilities of members and committee members : CA. Chandrashekhar Iyer Elections Rules of the Cooperative societies wrt Coop Housing Society and various important circulars of Coop Dept. : CA. Amruta Joshi Day 3 - Friday 16/04/2021 Provisions related to Accounts and Audit of Co-operative societies including Reporting Requirements -Special and Specific Report Overview of Re-Audit, Inspection , Enquiry under section 83 & 88 and importance of Rectification Report, Importance of Audit Manual: CA. D. A. Chougule Model Bye laws of Coop Housing Societies Recovery of Dues- proceedings u/s 101 and 154B-29 of the MCS Act 1960 : CA. Ameet Israni Day 4 - Saturday 17/04/2021 Dispute Resolution Mechanism including Appeal and Revision provisions and Role of Co-op Court : Adv. Manoj Pandit Online Compliances like SocietyEenrolment, Upload of Audit Report, Mandatory Returns, Generation of Audit Orders :CA. Amit Mohare Day 5 - Friday 23/04/2021 Taxation and GST on Cooperatives : CA.
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