E-NEWSLETTER SEPTEMBER 2019jalgaon-icai.org/Announcement/12.pdf · 2019-11-13 · ‘ICAI Bhavan’, Plot No. 10, ... i.e. all human knowledge systems must pave the way for the creation

JALGAON BRANCH –

MANAGING COMMITTEE

CA SMITA BAFNA - CHAIRPERSON

CA SAGAR PATNI - VICE-CHAIRMAN

CA PRASHANT AGRAWAL - TREASURER & WICASA

CHAIRMAN

CA SAURABH LODHA - SECRETARY

CA VICKY BIRLA - MEMBER

RCM CA UMESH SHARMA - BRANCH NOMINEE

EDITORIAL BOARD –

NEWS LETTER COMMITTEE

CA PRAVIN ACHALIYA - CHAIRMAN

CA SMITA BAFNA - EX-OFFICIO

CA VICKY BIRLA - EX-OFFICIO

CA DHARAM SANKHLA - MEMBER

CA DEVESH KHIVSARA - MEMBER

CA VINAY KAWDIA - MEMBER

CA DARSHAN JAIN - MEMBER

E-NEWSLETTER

SEPTEMBER 2019

JALGAON BRANCH OF WICASA OF THE CHARTERED ACCOUNTANTS OF INDIA

(Setup by an Act of Parliament)

INSIDE THE ISSUE

02 MEMORIES GALORE

04 CHAIRPERSON’S COMMUNICATION

06 TDS ON CASH

WITHDRAWALS U/S 194N

12 TECHNO TIP

13 PRICE PATTERNS IN SHARE

MARKET 4

17 SAINT KABIR & HIS DOHAS

19 HEALTH CORNER

21 MEMORIES GALORE

‘ICAI Bhavan’, Plot No. 10, Gajanan Colony, Near LIC Colony, Ring Road,

Jalgaon – 425001. Ph. 0257-2232205, 2224305.

JALGAON BRANCH OF WIRC OF ICAI | E-NEWSLETTER | SEPTEMBER 19 2

MEMORIES

GALORE

Session Chairman, Adv. M.R.Shirude

presenting memento to Speaker CA Dinar

Daptari at Discussion on Computation of

Tax and Levy of Penalty u/s 270A of the

Income Tax Act. Lecture Meet Dt. 10-08-

2019.

Session Chairman, Adv. M.R.Shirude

presenting memento to Speaker CA Vinay

Kawdia at Discussion on Computation of



2019.

Audience at large at Discussion on

Computation of Tax and Levy of Penalty

u/s 270A of the Income Tax Act. Lecture

Meet Dt. 10-08-2019.

Speaker CA Vinay Kawdia delivering his

lecture at Discussion on Computation of



2019.


Speaker CA Dinar Daptari delivering his

lecture at Discussion on Practical

Instances in Computation of Tax Lecture

Meet Dt. 10-08-2019.

Chairperson Jalgaon Branch, CA Smita

Bafna Flag Hoisting on the occasion of

73rd Independence Day.

Audience at large at Flag Hoisting

ceremony on 73rd Independence Day Dt.

15-08-2019.

Audience attendance at Flag Hoisting 73rd

Independence Day Dt. 15-08-2019.


CHAIRPERSON’S

COMMUNICATION

Dear Professional Colleagues,

This 15th August, we celebrated our 73rd Independence Day, remembering the

contribution of our freedom fighters, by hoisting our National Flag at our Branch. Our

freedom fighters have given us such an exemplary virtue of freedom and liberty at

the cost of even their existence is extremely overwhelming and motivating factor for

all of us. We must be grateful to them for their strenuous efforts they had put in, the

fruits of which we are reaping today.

Independence is one of the strongest pillar of our profession.

Our founder members and seniors in the profession have taught us the lessons of

independence of our thoughts, minds and deeds. Let us introspect and recall our own

accountancy legends and their onerous hard work and follow the path shown by

them.

Former President of India and noted educationist Dr. S. Radhakrishnan, whose birth

anniversary we celebrate every year on 5th September as Teachers’ Day, had

said: The end-product of education should be a free creative man, who can battle

against historical circumstances and adversities of nature, i.e. all human knowledge

systems must pave the way for the creation of a better world. And CA education

system is no different. Since the profession’s inception in 1949, Chartered

Accountants have been contributing their share towards the strengthening and

enrichment of our national economy.

During the month, we have been co-host of hosting 2 days conference at Shirdi

“Vibrant” organized by the Capacity Building Committee jointly with Ahmednagar,

Dhule, Nasik, Nanded, Pimpri-Chinchwad, Pune, Solapur and Satara branches on 8th

and 9th August, 2019 in the auspicious presence of Honourable President, ICAI CA

PrafullaChhajed and Vice President CA Atulkumar Gupta. It was a great opportunity

to learn from eminent faculties viz. CA Girish Ahuja, CA Ashok Batra, CA S

Venkataramani, CA JatinHarjai, CA AtulBheda, CA Vishal Poddar and CA Rohit Bora.

The results of the CA Final, Intermediate and Foundation exams have been declared.

Almost 24 students have cleared the Final exams and have become members of the

esteemed profession. We congratulate the qualified candidates and their families for

this achievement. We shall be felicitating them with their parents on behalf of Jalgaon

Branch. Our best wishes for those who could not make up this time.


We have started with group discussion activity to provide a platform where the

members can raise their queries on particular topic and discuss it with local experts.

In this month, we had discussion on “Practical instances in computation of tax and

levy of penalty under section 270A of the Income Tax Act, 1961”. CA Dinar Daptari

and CA Vinay Kawadiya took initiative and shared their valuable inputs and insights

in to the topic.

After the hectic schedule of filing of income tax return for non audit cases, let us gear

up ourselves for the Tax Audit season. This year there are no amendments in the Tax

Audit Report. We are planning to conduct a seminar for revising the important

clauses of Tax Audit Report in the month of September. Also, we are planning to

conduct one day Training Programme on Peer Review to provide the participants an

opportunity to re-visit the process and techniques of peer reviewing, enhance

capability, sharpening skill and add value to the methodology of peer reviewing. I

request members to participate in this programme.

Members are facing issues with the Self Service Portal. We request the members to

send their queries to the branch. We shall compile all the queries and send it to the

concerned person/department and try to resolve them at the earliest.

With warm Regards

CA Smita Bafna Chairperson: Jalgaon Branch of WIRC of ICAI

E-mail: [email protected]


TDS ON CASH

WITHDRAWALS

U/S 194N (CASE OF CO-OPERATIVE CREDIT SOCIETIES)

INTRODUCTION:

In order to discourage cash transactions and move towards less cash economy,

Finance Act 2019 introduced new section 194N in the Act to provide for levy of TDS

@ 2 % on cash payments in excess of Rupees One crores in aggregate made during

the year, by –

- A banking company to which the Banking Regulation Act, 1949 (10 of 1949)

applies;

- A co-operative society engaged in carrying on the business of banking; or

- A post office,

to any person from one or more accounts maintained by the recipient with it.

It is further Provided that the section shall not apply to any payment made to,

Government, banking company, cooperative society engaged in carrying on the

business of banking, post office, banking correspondents and white label ATM

operators, who are involved in the handling of substantial amounts of cash as a part

of their business operation, etc.

In order to make the deductee eligible to take credit of TDS u/s 194N, the provisions

of section 198 is also amended to state that the sum deducted in accordance with the

provisions of section 194N for the purpose of computing the income of an assessee,

shall be deemed to be income received.

fileopen.aspx?Page=ACT&id=102120000000072766&source=link


CAUSE OF CONTROVERSY:

Section is applicable to a co-operative society engaged in carrying on the

business of banking acting as a payer of cash; and at the same time, section is

not applicable to a co-operative society engaged in carrying on the business of

banking acting as a recipient of cash.

CONTROVERSY:

Whether a Co-operative Credit society (Commonly known as Patsanstha) can be said

to be a co-operative society engaged in carrying on the business of banking for the

purpose of Section 194N?

When I quickly shuffled through the Income Tax Act, I found the term ‘co-operative

society engaged in carrying on the business of banking’ used at following places:

Section/Sub-Section Brief description of context in which term is used

Section 11(5)(iii) Permissible modes of investments by charitable trusts

Section 80P(2)(a)(i) Deduction in respect of income of certain Co-op.

Societies

Section 80TTA/80TTB Deduction in respect of interest on saving deposits

Section 194A(3)(i)(b) Exception to the applicability of TDS provisions u/s

194A i.e. TDS on payment of interest (qua payer)

Section 194A(3)(iii)(a) Exception to the applicability of TDS provisions u/s

194A i.e. TDS on payment of interest (qua receiver)

Section 194A(3)(viia)(b) Exception to the applicability of TDS provisions u/s

194A i.e. TDS on payment of interest (qua nature of

interest bearing deposits)

Section 194N TDS on cash withdrawals w.e.f. 01.09.19 (qua payer

as well as receiver)

BACKGROUND:

Section 2(19) of the I.T. Act: "Co-operative society" means a co-operative society

registered under the Co-operative Societies Act, 1912 (2 of 1912), or under any other

law for the time being in force in any State for the registration of co-operative

societies."

Banking is not defined under the Income Tax Act, 1961. Section 5(b) of the Banking

Regulation Act defines the term Banking:


"Banking" means the accepting, for the purpose of lending or investment, of deposits

of money from the public, repayable on demand or otherwise, and withdrawable by

cheques, draft, order or otherwise.

If the definition of banking is further analyzed, the co-operative credit society can

never issue cheques or drafts and cannot form part of any payment and settlement

system in form of a Clearing House. Participation in Clearing House system is an

important requisite to term itself as bank.

ANALYSIS:

Let’s deal with the controversy in the context of some of the other sections where the

identical term is used:

Section 11(5)(iii): Permissible modes of investments by charitable

trusts

Hon’ble Madras High Court in SBI Staff Credit Cooperative Society[(1998) 234 ITR

104 (Mad)] while adjudicating the issue whether a credit co-operative society

(Patsanstha) is covered by the expression "co-operative society engaged in carrying

on the business of banking" appearing in Section 11(5)(iii), held in favour of assessee.

In the case of SBI Staff Credit Cooperative Society [supra], it was note-worthy that in

the relevant definition clause i.e. definition of "credit institution" under Section

2(5A), the expression 'co-operative society engaged in carrying on the business of

banking' appeared along with the expression 'a banking company to which

the Banking Regulation Act, 1949 applies. Yet their Lordships came to the conclusion

that a credit society dealing with members only can be said to be in the business of

banking. These two expressions are two distinct limbs of the definition and must be

given meaning accordingly. The common thread, if at all be necessary, between the

two expressions is the business of banking, which, in the esteemed opinion of the

Hon'ble Madras High Court, includes business of giving loans to members only.

[Followed by ITAT Pune in Maharashtra Arogya Mandal vs. ITO (2008) 117 TTJ

631 (Pune)].

Section 80P(2)(a)(i): Deduction in respect of income of certain Co-

op. Societies

It is important to note that, Sec. 80P(2)(a)(i) is worded as "........in the case of a co-

operative society engaged- in carrying on the business of banking OR providing

credit facilities to its members........"


This clearly brings out the two limbs wherein the enactment itself has distinguished

the words business of banking with that of providing credit facilities. One may argue

that, f the intention was not to grant deduction to all co-operatives then the section

would not have been worded with these two limbs.

Section 194A(3)(iii)(a): Exception to the applicability of TDS

provisions u/s 194A i.e. TDS on payment of interest (qua receiver)

In case of interest paid to Co-operative credit societies by its borrowers, the only

possible exception to the general applicability of TDS on interest is provided in

Section 194A(3)(iii)(a) to the effect that, TDS provisions u/s 194A(1) are not

applicable to interest paid/credited to any co-operative society engaged in carrying

on the business of banking (including co-operative land mortgage bank).

Here, again one can argue that, the Co-operative credit societies render services

which are similar to services usually rendered by co-operative banks, in the sense

they accept deposits from the members and give loan to members. Though the said

societies are not banks working under banking regulations Act, but undoubtedly

there is fair degree of similarity in the services rendered by these credit co-operative

societies and co-operative banks.

In the case of ACIT vs. U.P. Co-operative Cane union [114 ITR 70 (All.) the Division

bench of the Allahabad High Court had an occasion to consider an activity of a co-

operative society with reference to the exemption of its income in terms of the then

section 81 of the I.T. Act. It held as follows:

“A person or a society may not be a banker in that wide sense yet he may be providing

credit facilities which are a part of a banking business. The expression "providing credit

facility" thus takes its colour from the activity of banking. In order that banking or

providing of credit facility may constitute a business, it is necessary that these activities

must be the chief source of income. A person, who advances loans or supplies goods on

credit in connection with and in the course of some other business of manufacture or

purchase of sale of goods, etc., cannot be said to be carrying on the business of banking

or providing credit facilities.”

Alternatively, It can be said that, If by-laws of the co-op. credit society do not permit

accepting deposits from non-members (i.e. public at large) it cannot be termed as

doing Business of Banking.

It was held that, from the definition of banking u/s 5(b) of the Banking Regulation

Act it is clear that the banking means accepting the deposits of money from the

public which is repayable on demand or otherwise and withdrawal of these deposits


by cheque, draft or otherwise and these deposits are accepted for the purpose of

lending or investment. This clearly states that the deposits must be accepted from

the public for the purpose of lending or investment. These deposits must be

repayable on demand or otherwise and could be withdrawn by the depositor by

cheque, draft or otherwise. For deciding whether the assessee is carrying on the

banking business as defined above, one has to refer to the aims and objects of the

assessee as well as the profit and loss account. [ACIT v. Buldana Urban Co-operative

Society Ltd. (2013) 32 taxmann.com 69 (Nagpur)]

(In Vyavasaya Seva Sahakara Sangh vs. State of Karnataka and Ors., (ILR 1990

KAR 2080) their lordships, though in difference context, have held that activities of

co-operative credit societies can never become banking business as contemplated

under the Banking Regulation Act, 1949, in as much as these co-operative societies

are not established for the purpose of doing "banking" as defined in section 5(b) of

the Banking Regulation Act, 1949.)

EXPECTATIONS:

CBDT should clarify which of the Co-op. Societies / Co-op. Banks are required to

follow the above provisions so as to have clarity in the minds of the those entities, to

avoid litigation and harassment to public at large.

The provisions are further not applicable to certain categories of payees such as the

Government. The Board should clarify what constitutes the Government, who are

included and who are excluded since there are several classes of Govt. authorities,

designated offices, autonomies bodies, Government sponsored schemes, societies,

boards, institutions, corporations, market committeesetc. run by the Government

and there is no clarity whether these entities are exempted or not exempted from the

purview of S. 194N.

THE MISCHIEF RULE:

The Mischief Rule of Interpretation requires that the statute be interpreted keeping

in mind the mischief that it aims at punishing. This Rule of Interpretation would be

employed when the provision in question is introduced to address what the laws

already enacted on similar subjects failed to achieve. This is also clear from the

Finance Ministers speech while introducing the concerned provisions and

Memorandum explaining provisions of Finance Bill.


CONCLUSION:

Thus, if Co-Op. Credit societies are to be termed as engaged in the business of

banking, society will be liable to make TDS u/s 194N as a payer but other

institutions shall not be liable to make TDS from cash withdrawals by societies

(acting as a receiver).

On the other hand, if Co-Op. Credit societies are NOT to be termed as engaged

in the business of banking, society shall NOT be liable to make TDS u/s 194N as

a payer, however, cash withdrawals by society (acting as a receiver) shall be

subject to TDS by other institutions!!!

All other sections where the term – co-op. society engaged in business of banking is

used such as S. 11(5), S. 80P(2), S. 80TTA, etc. are basically beneficial provisions

which can be interpreted liberally. However, from the literal review and

understanding from the language of the Finance Minister, introduction of provision

like Section 194N is not a case of widening of tax base or deepening of tax base but is

a clear case of provision to discourage cash economy. And if looked from the angle

of this legislative intent, to be on safer side, the interpretation which will augment

the legislative intent should be preferred!!

Compiled by: CA Vinay Kawdia

Email: [email protected]


TECHNO

TIP

Cell Reference in Excel

Excel has a cell reference style C1R1 o Where C1=Column 1 & R1=Row 1

When we drag/copy and paste the formula cell reference also change

automatically. o e.g. C1=A1+B1, if we copy cell C1 & paste in cell F5 formula will change

to D5+E5 it’s called relative reference

If you want to make the cell reference as absolute reference (means reference will not change with drag/ copy & paste) we have to assign $ sign to column & row label

o e.g. C1=$A$1+$B$1, here if you copy formula of cell C1 & paste in F5, formula in cell F5 will be F5=$A$1+$B$1

If you want to freeze column only assign $ to column label only

o e.g. C1=$A1+$B1 here columns as freeze, when you copy & paste cell C1 to cell F5 formula will be F5=$A5+$B5 column will not change to D5+E5

If you want to freeze row only assign $ to row label only.

o e.g. C1=A$1+B$1, here Rows are freeze, when you copy & paste cell C1 to F5 formula will be F5=D$1+E$1 rows will not be change from Row 1 to Row 5.

Compiled by: CA Ravindra Patil Email: [email protected]


PRICE PATTERNS

IN SHARE

MARKET – 4 THE CONCLUSION

RECAP :

Till now we understood following Price patterns:

Inverted Head & Shoulder (Bullish Pattern)

Double Bottom (Bullish Pattern)

Double Top (Bearish Pattern)

Upflag (Bullish Pattern)

Downflag (Bearish Pattern)

In this article we will understand following 2 Price Patterns:

Cup and Handle (Bullish Pattern)

Head & Shoulder (Bearish Pattern)

CUP AND HANDLE (BULLISH PATTERN) :


CRITERIA FOR CUP AND HANDLE PATTERN -

A cup and handle price pattern on bar charts resembles a cup and handle

where the cup is in the shape of a "U" and the handle has a slight downward

drift.

A cup and handle is considered a bullish continuation pattern and is used to

identify buying opportunities.

Traders should place a stop buy order slightly above the upper trend line of

the handle.

Now let’s find out the target with the help of an example.

Example 1 : In case of Indusind Bank above pattern was formed and breakout was

given on 13th April,2016 .

Let this distance be x Bottom Line Breakout Line

where x = Difference between Breakout Line and Bottom

Target = Breakout Price + X

Thus target for IndusInd Bank = 970 (Breakout Price) + 175 (Difference Between

Breakout Line and Bottom ) = 1145.

On 11th July,2016 Indusind Bank made High of Rs.1147/- thereby giving target of

1145/-.

Timeframe to be considered for above patter for Achieving Target:

= Total no.of candles from start of forming Cup to Completion of Handle


HEAD AND SHOULDER PATTERN (BEARISH

PATTERN) :

CRITERIA FOR HEAD & SHOULDER PATTERN

(OPPOSITE OF INVERTED H & S) -

A head and shoulders pattern is a chart formation that resembles a baseline

with three peaks, the outside two are close in height and the middle is highest.

A head and shoulders pattern describes a specific chart formation that

predicts a bullish-to-bearish trend reversal.

The head and shoulders pattern is believed to be one of the most reliable

trend reversal patterns.

It is opposite of Inverted H & S pattern.

(Please Refer Part 1 published in Jalgaon Branch Newsletter for detailed understanding

of Inverted H & S)

Thus all parameters in respect of Targets are same as in case of Inverted H & S.

CONCLUSION :

While following the above strategy one must keep a strict Stop Loss according to his

risk appetite as for the success of this ratio other factors such as Nifty 50, Bank Nifty

etc . index must also support.


This was brief discussion (in 4 parts) on widely recognized Price Patterns in Stock

Market. For deep insights, indulge yourself in stock market because self experience,

though sometimes costly, is the greatest teacher!!

Compiled by: CA Siddhesh Bora



SAINT KABIR

& HIS DOHAS

MANAGEMENT & PROFESSIONAL PRACTICES:

Dear Readers,

It's time to move a bit ahead in the quest for learning management lessons from Saint

Kabir.

In this article, we shall focus on couplets on self-realisation. Let us start with our next

couplet on ‘Control’.

“Ati ka bhala na bolna, Ati ki bhali na chup,

Ati ka bhala na barasna, Ati ki bhali na dhup.”

English Version: Too much talking is not good neither is too much quietness.

Just like how too much rain is not good and neither is too much sunshine.

One must exercise control over own actions. Excess of anything leads to destruction.

The one who speaks more generally fails to make an impact and convey ideas

effectively whereas the one who remains quiet is not considered in the group. One

has to be moderate and perform the given task efficiently.

We see many individuals who want to excel in everything they do. There is nothing

wrong in thinking so or making efforts to achieve the same. At the same time, the

person should be aware about his /her capabilities and accordingly should be

prepared for the results so that the quest for excellence doesn't die out. We see many

of us while conversing with others have our own view point and to prove the same

we go to extremes. Instead of that, if we act moderately, we can try to be moderate so

as to understand the other's viewpoint and thereby helping ourselves to have a

multifaceted approach while arriving at the decision we take.

One should understand the importance of exercising control over every aspect in our

life. It can be talks, study, leisure, etc. including money.

The next couplet is on ‘Self Awareness’

"Dosh Paraye Dekh Kar, Chala Hasat Hasat,

Apne Yaad Na Awai, Jiska Na Aadi Na Antt.”


English Version: Seeing faults of others, we derive pleasure, however; forget to

see our own faults which have no beginning or no end.

It's a normal human tendency to find faults within others. However, while doing so,

we forget that we are also not perfect. There are some qualities or points where we

also lack in and needs correction.

There is no harm in finding fault with others or commenting on someone's mistake,

but instead of making the same as an issue or publicising it in a manner which

demoralises the person should be avoided. Instead we can provide a helping hand to

the person to overcome this stage and make him better so that the same mistakes are

not repeated.

This will not only help us to create a positive image of ours, but then others will also

follow a similar practice in our case. We know that we get what we give. Accordingly,

we not being a perfect human are also laden with faults, which are countless.

However, we fail to see the mistakes/faults within us. So, others are also watching us

and they will also convey us the same in a fashion we do convey others.

The idea is to not to differentiate amongst people because of their faults/ mistakes

but to accept and appreciate the qualities they have as all of us sail in the same boat.

Enjoy the better 'YOU' with bringing in these small lessons from Saint Kabir's

immortal learnings.

Stay tuned for some more managemnt mantras from Saint Kabir.

Compiled by: CA Laxmikant Lahoti



HEALTH

CORNER

ATTENTION!!!

The word ‘attention’ makes our eyes wide open and our other senses alert. The key

to healthy living is nothing but attention.

As we all know, many times when we take our kids to doctor or counselors, they say

your kids need nothing but your attention, since the kid is suffering from attention

sickness. Even a small plant to a big old tree of your garden needs attention. Your

business, relationship, family, staff, hobby and even our garden – all are craving for

your attention to flourish……..

In the same way, our body organs, senses, thoughts, breath, heart beats need our

attention to function peacefully. As we see in the world, everyone is running to grab

attention, but nobody have time to give attention to his or her own body!

Ignorance leads to sickness. In our everyday life we see that our car, electronic

gadgets etc. need routine maintenance. In the same way, our body which is our

precious asset, also demands timely servicing or in simple words, our own

ATTENTION.

How one can attend his own body and soul?

Even our body is suffering from attention sickness many times. Following are the

simple ways to give attention to our body.

Eyes: While watching movie or working on mobile/laptops, just take a breath of 30-

40 seconds, close your eyes and rotate eyeballs in all directions to relax eye muscles.

Mouth: While brushing take 30 seconds extra to massage gums to improve blood

circulation.

Skin: While bathing, take a minute extra to take a feel of water and let the soap

bubbles and foam to clean your skin by taking the feel like you did in the childhood.

Digestive and excretory systems: Every day in the morning as we wake up, drink 2

glasses of water sip by sip before brushing for internal cleansing.


Respiratory system: We are so busy in our routine life that we don’t even notice

that we are not even breathing completely. In normal breathing we inhale only 1/3rd

air than our lungs capacity. So just take a break, look at our breathing pattern and

slowly inhale as much air as you can and hold it in chest for at least 8-10 seconds.

Practice this anywhere – while waiting at signals, moving in the lift, watching movies,

moving around gardens etc.

Circulatory system: Just put your hand on the chest and feel the heart beats for a

while. To make the heart healthier, while feeling the beats, think and say “All is well”.

Muscular - Skeletal system: Change your sitting habits while at work. Avoid long

sittings on chairs. Don’t call for water at your place. Go and get it by yourself from

office canteen. Drink more and more water at fix intervals so you need to rush for

toilet frequently. This will put compulsory break to your continuous sitting habits!!

Thoughts: Everyday in the morning as soon as we wake up, thank the nature, god,

your family and friends, our soldiers for being there to take care of you. This feeling

of gratitude from the core of your heart will channelize the invisible energy in your

body and you will feel a healthier soul…

CONCLUSION:

Thus, the central idea is very simple- give attention to your body and souls

while doing the routing day to day functions and be healthy!

Compiled by: Dr. Dipti Kawdia, M.D. (Hom.)


MEMORIES

GALORE

Hon. President of ICAI CA Prafulla Chhajed,

Hon. WIRC office bearers, CCM, RCM &

Branch chairman & chairperson from

Ahmednagar, Aurangabad, Nashik, Jalgaon

were presented at Inaugural of Vibrant

Residential Conference held at Shirdi

Members at large at Vibrant Residential

Conference held at Shirdi

Hon. President of ICAI addressing the

audience at Vibrant Residential

Conference held at Shirdi

Chairperson of Jalgaon Branch CA Smita

Bafna giving his opening remark at Vibrant

Residential Conference held at Shirdi


DISCLAIMER

The views and opinions expressed or implied in this News letter are those of the

authors or contributors and do not necessarily reflect those of Jalgaon Branch Of

WIRC Of ICAI. Unsolicited articles and transparencies are sent in at the owners

risk and the publisher accepts no liability for loss or damage. Any information

material in this publication may not be reproduced, whether in part or in whole,

without the consent of Jalgaon Branch of WIRC of ICAI.

Jalgaon Branch of WIRC of ICAI is not in any way responsible for the results of

any action taken on basis of the article published in the newsletter.

For any suggestions and Queries relating to this article please contact:

CA Smita Bafna (Chairperson)-9422209501

CA Sagar Patni (Vice-Chairman)-9422362638

‘ICAI Bhavan’, Plot No. 10, Gajanan Colony, Near LIC Colony, Ring Road,

Jalgaon – 425001. Ph. 0257-2232205, 2224305.

Designed by – Yash Jain (WRO 0597732) 9284605588.

Documents

E-NEWSLETTER SEPTEMBER 2019jalgaon-icai.org/Announcement/12.pdf · 2019-11-13 · ‘ICAI Bhavan’, Plot No. 10, ... i.e. all human knowledge systems must pave the way for the creation