Chairman's Communique

CA. Srinivasa. T
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    CA. Srinivasa. T

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Dear Esteemed Professional Colleagues!!!

Chairman’s Communique . . .

Change is the only constant thing in the world, there is no growth without a change, and it is applicable to any field, that change will make us to be creative and attentive. We need to accept, up skill and move on according to the market requirements. We should never hesitate or resist for the changes, we should take optimistically then peace comes with in us and we will grow based on our efforts by accepting, adopting and working towards that. We need to keep developing on the rudimentary skills what we have acquired at the time of our qualification till we pen down from our professional journey. But with the only agenda that the year on year we need to upgrade our level of delivery in service superior than the previous and also keeping in mind the sustainability aspects for better future. Certainly it is a tough road to travel, but only tough roads can makes us better professional’s rather easier one. So that we can show best tracks/destination to our next generation those who are following our foot prints. No one knows depth of the market, it has got its own swings. Market can also be called as creator and mentor of the world requirements on a timely basis. Market is the inclusive basket of so many factors like economical, political, cultural, spiritual, geographical and so on.

Lease Period of the Bengaluru Branch Building:

The Bengaluru Branch Building lease period of 30 years is completed and we, Managing Committees including ex-officio are working extensively to get renewal of the Bengaluru Branch Building of Vasanth Nagara with help of senior members of our profession. In this regard we met Chief Minister and senior officials of the BBMP. It is high time that Bengaluru branch has to have its own property.

Decentralized CPE Study Circle:

Branch is striving to conduct seminars/programs of professional interest for the benefit of members as a part of CPE and assist members in updating various changes happening through various modes like virtual, physical and CPE Chapters & decentralized study circles. As a part of my action plan to have decentralized CPE study circle, we had organised CPE program in Hampinagar and got a good response form the members. We are planning to have many more CPE centres in some other areas also.

Triennial Orientation Program to Managing Committee Members:

It was a good experience to attend Triennial Orientation Program for Managing Committee Members conducted for all 45 branches of Southern Region at Ramoji Film city Hyderabad on 29th and 30th April 2022. It was a good meeting of South India branch Managing Committee Members, SIRC Members and Central Council Members. It was very well organized by SIRC, extended good hospitality and coordination from Hyderabad branch Managing Committee members.

A brief updation on events carried out in April 2022

To know the significant changes in the entire process of Faceless Assessments & journey to Re-assessments, we had Half Day Seminar on Faceless Assessments & Re-assessments by CA. H. Padamchand Khincha & CA. K.K. Chythanya.

The must discussed area presently across the world of Virtual Digital Assets, we conducted One Day Seminar on Complications & Issues Related to Virtual Digital Assets with the theme – How to play the next big Tech bytes to Cryptocurrencies and Crypto Assets Globally by CA. Ravi Jagannathan, CA. A. Jatin Christopher, Mr. Mathew Chacko – Partner, Spice Route Legal and the Program Co-ordinator CA. B. P. Sachin Kumar. I thank Chief Guest, CA. I.S. Prasad, President of FKCCI and the Speakers who shared their expertise and experience in this Seminar.

We had a regular Study Circle Meet on Wednesday’s at Branch and Tumkur covering on IPR, Setting up of a Company in USA & Taxation issues related, Outbound Investment Policy under FEMA & Recent Amendments in TDS Provisions by Dr. P. Venkatesan, Advocate – Supreme Court of India, New Delhi, CA. Varun Nirmal, CA. Chidanand Urs & CA. Sandeep. C.

As mentioned above, to have a decentralized CPE study circle, we had an Awareness Programme on New Provisions relating to Re-constitution & Dissolution of Partnership firms – FA 2021 by CA. Deepak Chopra at City Central Library, West Zone, Hampinagara, RPC Layout, Bengaluru.

Upcoming Programs for the month of May & June in Physical cum Virtual mode:

We have organized given below programs to keep you abreast with the professional updates, One Day Workshop on Co-operative Society Audit is being organized on 4th May 2022.

Three Day - Residential Refresher Course” is being organized by the Bengaluru and Mangaluru Branches of SIRC of ICAI from 6th May to 8th May 2022 at The Paddington Resort, Madikeri. A host of expert and experienced speakers will be presenting their papers of professional interests. This is a fantastic platform for knowledge sharing and networking amongst us for growth prospects.

To provide focused learning on most relevant and contemporary topics for modernizing knowledge of members of our fraternity, Workshop on RERA is being organized under the aegis of Continuing Professional Education Committee on 11th May 2022.

Half Day Workshop on Accounting & Auditing Considerations for Crypto (VDA) is being organized on 18th May 2022.

To gain experience from expert speaker’s, Four Day’s Workshop on Addressing Notices / Audits / Scrutiny / Other Litigation matters under GST Law is being organized from 25th May to 28th May 2022 including expert team of professionals panel discussion on last day.

To commemorate International Women’s day on 8th MarchOne Day Women’s CA Conference is being organized on 28th May 2022.

Apart from the above said Workshop and Conference, we have organized Study Circle Meetings on 13th at Branch & 28th May at Tumkur.

The detailed programs mentioned in our calendar of events are presented in this Newsletter for your reference.

Badminton Tournament:

Badminton tournament for members and Income Tax officials is being organized on 14th May 2022 at Karnataka Badminton Association, Vasanth Nagar. As usual, members will actively participate with true sportsman ship and play against Income Tax Officials.

Endeavour to Evolve

Engage to Excel


CA. Srinivasa. T
Bengaluru Branch of SIRC of ICAI


CA Srinivasa. T


Bengaluru Branch of SIRC of ICAI