EIRC 1st January 2017€¦ · Accountants’ Study 11th January Presentation of Financial 8017467202 2nd Floor, 7.00 pm Circle-EIRC 2017 Statement under IND-AS 9903906165 3 Govt

EIRC 1st January 2017 1

2 EIRC 1st January 2017


My Dear Professional colleagues,

At the outset, I would like to convey my greetings and better than the best wishes of this new year. The very word “new” implies a lot to everyone especially for professionals like we the Chartered Accountants who are extremely keen to reckon and initiate , try

and invent and work on newer concepts and ideas. In line with this, many a change to the old have taken place in our profession with so many dynamism is being seen. I am happy to note that the changes are actually taking a lead role and should be ideally reposed in shaping our profession which are being instrumental in taking our country at a novel high.

The robust steps that have taken place in Indian Financial Sphere are the introduction of GST and the latest decision of demonetization process to bring about desired dreamt reforms by our Hon’ble Prime Minister Shri Narendrda Modi. These two are going to play the pivot in structuring the Indian Economy , which in the long run , are showing the strength of taking our country at the helm of global financial firmament. I spared no stone unturned to discuss on these issues organizing seminars on these two and I express my sincere gratitude that you all responded by showing your eagerness joining and attending

seminars. I also wish everybody sincerest of my thankfulness to make this 41st Regional Conference a grand success.

I have put in my best efforts in taking initiatives to make it more digitized while my initiatives towards building up a digital library is taking turn to reality.

But at the same time we should remind ourselves that global climactic change has been a grave concern and threat to our dear loving planet. Myriad plants and animals are being affected and harmed by it. We are inviting unpredictably dangerous diseases. Hence nature should be taken care of. We should conceive and accordingly, steps should be initiated and the same be propagated in a manner so that an awareness gets permeated from a great to greater lot. I also invite suggestions from your end in this regard to present a more fruitful and lasting solution to this global environmental crisis.

Finally I would like to say my thankfulness to all of you coming up with all your gestures to make almost all of my initiatives successful.

Signing off wishing that this every sunrise of this new year goes on widening the horizon of your success.

CA Anirban DattaChairman, EIRC of ICAI


Forthcoming Programme

DAY AND DATE KNOWLEDGE SESSION RESOURCE COORDINATOR VENUE DURATION CPE DELEGATE PERSON HOURS FEES `

EIRC

Wednesday, 11th Workshop on CIT Appeals CA Anand Tibrewal CA Manish Goyal R Singhi Hall, 5.30 pm to 3 80January 2017 Filling for Penny Stock & Client Code Adv. Paras Kochar EIRC Premises 8.30 pm Spot 100 Modification

Friday, 13th IND AS 101: First Time Adoption CA Vivek Agrawal CA Sonu Jain R Singhi Hall, 5.30 pm to 3 80January 2017 EIRC Premises 8.30 pm Spot 100

Saturday 14th Business Combination & Consolidation CA Subodh Kumar Agrawal CA Sumit Binani R Singhi Hall, 5.30 pm to 3 80January 2017 (IND AS 27,28,103,110,111,112) Past President, ICAI EIRC Premises 8.30 pm Spot 100

Monday, Seminar on Private Equity CA Vikash Jain CA Sonu Jain R Singhi Hall, 5.30 pm to 3 8016th January 2017 Past Chairman, EIRC EIRC Premises 8.30 pm Spot 100 CA Anjan Mitra

Tuesday, Professional Opportunities under Insovency CA Sumit Binani, CA Nitesh Kumar More R Singhi Hall, 5.30 pm to 3 8017th January 2017 & Bankruptcy Code Treasurer, EIRC EIRC Premises 8.30 pm Spot 100 Eminent Speakers

Friday, Finnacle in CBS System CA Sonu Jain, CA Sumit Binani R Singhi Hall, 5.30 pm to 3 8020th January 2017 Secretary, EIRC EIRC Premises 8.30 pm Spot 100

Monday, 23rd Workshop on GST Details inside in Page 8 EIRC R Singhi Hall, 5.30 pm to 15 700Tuesday, 24th EIRC Premises 8.30 pm Wednesday, 25th Monday, 30th Tuesday, 31stJanuary 2017 5.30 pm)

Wednesday, 1st Live Telecast of Union Budget Eminent Speakers CA Sumit Binani R Singhi Hall, 11.00 am to 2 50February 2017 EIRC Premises 1.00 pm Spot 80

Saturday, 4th Seminar on Union Budget CA (Dr.) Girish Ahuja EIRC Calcutta University 2.00 pm to 6 500February 2017 CA Bimal Jain Centenary Auditorium, 8.000 pm Eminent Speakers Kolkata

Day anD Date Programme Details Venue Duration

imPortant Dates

Thursday, 26th January 2017 Celebration of the 68th Year of Republic Day EIRC Premises, Russell Street, Kolkata 10.00am onwards

Note: 1. Please note Online registration closes 1 days before the day of the Seminar.2. Spot Registration will be taken subject to availability of seats at the venue.3. Out of the Registration Fees collected for each programme Rs 10 per person would be contributed to Chartered Accountant Benevolent Fund.

ANNOUNCEMENT

The due date for compliance of CPE Hours

requirement for the year 2016

(ending block period 2014-2016) has been extended from

31st December 2016 to 31st January 2017.


Study Circle

STUDY CIRCLESTUDY CIRCLE DAY & DATE PROGRAMME SPEAKERS CO- ORDINATOR VENUE DURATION CPE /FEES HOUR

DTPA Chartered Wednesday , Introduction to IND-AS, CA Vivek Agarwal CA Niraj Kr Harodia DTPA Conference Hall 4.00 pm to 3 Accountants’ Study 11th January Presentation of Financial 8017467202 2nd Floor, 7.00 pmCircle-EIRC 2017 Statement under IND-AS 9903906165 3 Govt. Place West, Accounting of Property Plant Income Tax Building, and Equipment Kolkata – 700001

DTPA Chartered Wednesday, Income Tax IND-AS CA Subodh Kr Agrawal CA Niraj Kr Harodia DTPA Conference Hall 4.00 pm to 3Accountants’ Study 18th January First Time adoption Past President, ICAI 8017467202 2nd Floor, 7.00 pmCircle-EIRC 2017 IND-AS 101 9903906165 3 Govt. Place West, Income Tax Building, Kolkata – 700001

ACAE Chartered Friday, 13th Workshop on Goods and CA Arun Kr. Agarwal CA Pramod Kr. Mundra ACAE, Emami 4.00 pm to 12Accountants’ Study Saturday, 14th Services Tax (GST) CA Shivani Shah 9831276443 Conference Hall, 6.00 pmCircle-EIRC Friday, 20th CA Anshuma Rustagi [email protected] 6, Lyons Range, Saturday, 21st CA Rajeev Kr. Agarwal [email protected] 3rd Floor, Unit-2, Friday, 27th & CA Tarun Kr. Gupta Kolkata-1 Saturday, 28th CA D S Agarwala January 2017

Views Exchange Friday, 13th Seminar on GST” CA Sushil Kumar Goyal, CA Vinay Choudhary BCCI, GLOBSYN 3.00 pm to 4Chartered Accountants’ January 2017 Council Member, ICAI 9339779771 6, N. S. ROAD, 7.00 pmStudy Circle-EIRC CA Ankit Kanodia Kolkata- 700 001

Views Exchange Friday, 20th Seminar on GST” CA Arun Agarwal CA Vinay Choudhary BCCI, GLOBSYN 3.00pm to 4Chartered Accountants’ January 2017 CA Subham Khaitan 9339779771 6, N. S. ROAD, 7.00pmStudy Circle-EIRC Kolkata- 700 001


EICASA

My Dear Student Friends,Thought without action, is meaningless .As Emily P. Bissell rightly said “Great thoughts speak only to the thoughtful mind, but great actions speak to all Mankind.” Many a people think deeply, afford to lavishly discuss on them, generously wasting invaluable series of seconds but when it actually comes to working they often entangle themselves into diplomacy, create an escape route and disappear. They are the apparent winners and who toil and risk and As Alexender the great

said, “Leave an everlasting fame.” Yes ! This time our Team EICASA went beyond discussion and actually made this year happening with conceiving , initiating and implementing many an activity by gleefully shouldering responsibility, labouring hard with an undaunted spirit – the spirit of youthfulness! They made it to gather a spilling over audience in almost all the seminars organised. They successfully organized Educational Tours to West Bengal State Legislative Assembly, Netaji Subhas Dock and Custom Clearing Station etc. Industrial Visit to Durgapur Birla Cement Plant Corporation was also turned into a reality. To more in store as surprise, after releasing all their psychological and physical energy in all these, they celebrated their never-ending resource of youthful valour by way of organizing an Indoor & outdoor Sports Meet on 25th December.

CA Manish GoyalChairman EICASA and Vice Chairman EIRC of ICAI

We bid good bye to the year 2016 by witnessing their resourcefulness in the form of Student Festival – a youthful extravaganza. The EICASA team is staggeringly engrossed in thought followed by consistent activity which keeps them safe and strict on their way to success. My heartiest congratulations to all the team members.Team EICASA refrains from leisure for they know that leisure is nothing but to shift from one initiative to another. So my dear students! Please follow the website, keep a close watch on the vibes of your mobile phone and never let any scope to leave and enjoy and enrich and express yourselves by participating in various events in future. So my dear students! Keep your inner fire flaming. Do not be away from your ambition. Never stop trying. Always learn from your stumbling. Let this New Year be the newest in terms of your feeling and viewing, perceiving and implementing, encouraging and motivating. Winding up for this issue wishing this new year with the resolution as felt by Kurt Hahn , “There is more in us than we know. If we can be made to see it, perhaps, for the rest of our lives, we will be unwilling to settle for less.” Wish you all a very Happy & a Prosperous New Year.

DAY AND DATE KNOWLEDGE SESSION RESOURCE PERSON VENUE DURATION DELEGATE FEES `

EICASA

Friday, 13th January 2017* Industrial Trip to Thermal Power Plant: Coordinator: Kuber Sahoo Andal 6.00am to 6.00pm 500 Jointly with EICASA of Durgapur, Raniganj & Asansol Branches

Sunday, 15th January 2017 Workshop on GST for CA Students CA Shubham Khaitan R.Singhi Hall, EIRC Premises 10:30am to 1:30pm Free

Thursday,19th to Saturday, Lectures on ISCA CA Manoj Agarwal R.Singhi Hall, EIRC Premises 7.30am to 12.30pm 25021st January 2017

Sunday, 22nd January 2017 How to Manage & Prepare for CA Exams CA Abhisek Agarwal R.Singhi Hall, EIRC Premises 11.00am to 1.00pm Free

Thursday, 26th to Sunday, Residential Industrial Visit & Leadership Coordinator: Hardik Punatar Siliguri, Gorumara 3 Days 2 Nights details inside29th January 2017 Camp at Gorumara Forest, Dist Jalpaiguri Gourav Agarwal in page 7

Saturday, 28th January 2017 Joint Seminar with NUJS Eminent Speakers NUJS Campus, Salt Lake , Kolkata. 10.00am to 5.00pm Free

Sunday, 5th February 2017 Articleship and Industrial Training- Eminent Speakers R.Singhi Hall, EIRC Premises 10.00am to 1.00pm Free Selection, Introspection & Placement (For students Joining articleship from 2017 onwards)

Dates to be announced soon EICASA Premier League EICASA & EIRC KOLKATA 8.00am to 5.00pm Free

Indoor Sports Meet on 25th December 2016 at Burrabazar Yuwak Sangha


RC Announcement


Announcements


EIRC Events

Income Tax Notice u/s 131, Recording of Statement & FIU on 1st December 2016

Workshop on GST on 3rd December 2016

Seminar on GST on 8th December 2016

Awareness Programme on Income Tax Settlement Commission on 21st December 2016

Seminar on Code of Conduct on 16th December 2016

Seminar on Finacle on 12th December 2016

Workshop on GST on 2nd December 2016

Critical Issues in Bank Audit on 6th December 2016

Seminar on GST on 10th December 2016

L – R: CA Nitesh More, Member, EIRC, CA Ramesh Patodia, Advocate Paras Kochar, CA Sanjib Sanghi, Member, EIRC, CA Anirban Datta, Chairman, EIRC

L – R: CA Rajeev Agarwal, CA Sushil Kumar Goyal, Council Member, ICAI, CA Nitesh More, Member, EIRC

L – R: CA Ankit Kanodia, CA Nitesh More, Member, EIRC

CA Ranjeet Kumar Agarwal, Council Member, ICAICA Sonu Jain, Secretary, EIRC

L – R: CA Shubham Khaitan, CA Sonu Jain, Secretary, EIRC, CA Arun Agarwal, CA Nitesh More, Member, EIRC

L – R: CA J N Gupta, Past Chairman, EIRC, CA Nitesh More, Member, EIRC, CA Sonu Jain, Secretary, EIRC

L – R: CA Chiranjib Das, CA Narayan Agarwal, CA Nitesh More, Member, EIRC, CA Anirban Datta, Chairman, EIRC

L R: CA Sunil Surana, Shri Mithilesh Jha, Secretary, IT SC, CA Manish Goyal, Vice Chairman, EIRC, Shri S M Ashraf, Member, IT SC, Shri D K Gupta, Vice Chairman, IT SC, CA R R Modi, CA Jinesh Vanzara


EIRC Events

41st Regional Conference of EIRC on 19th and 20th December 2016

Inauguration of the Conference by CA Nilesh S Vikamsey, Vice President, ICAI

Releasing the Members’ Ready Referencer 2016-17 (L – R): CA Nitesh More, Member, EIRC, CA Manish Goyal, Vice Chairman, EIRC, CA Sushil Kumar Goyal, Council Member, ICAI, CA Anirban Datta, Chairman, EIRC, CA Nilesh S Vikamsey, Vice President, ICAI, CA Ranjeet Kumar Agarwal, Council Member,ICAI and CA (Dr.) Debasish Mitra, Council Member, ICAI, CA Sonu Jain, Secretary, EIRC

CA Anirban Datta, Chairman, EIRC welcoming CA Nilesh S Vikamsey, Vice President, ICAI (right)

Dr. Girish Ahuja CA D B Desai CA P Sharath Kumar Shri Alok Bardhan, Asst. Director, SFIO, MCA

CA Kapil GoelCA Rupendra Narayan Roy, Founder & CEO of Sumantrana, a strategic advisor firm

CA Nilesh S Vikamsey, Vice President, ICAI addressing the audience at the Conference

CA Amarjit Chopra, Past President, ICAI

CA Anirban Datta, Chairman, EIRC

CA (Dr.) Debasish Mitra, Council Member, ICAI

CA Sushil Kumar Goyal, Council Member, ICAI

CA Ranjeet Kumar Agarwal, Council

Member, ICAI

CA Manish Goyal, Vice Chairman, EIRC

CA Sonu Jain, Secretary, EIRC

CA Sumit Binani, Treasurer, EIRC

CA Nitesh Kumar More, Member, EIRC

CA Sanjib Sanghi, Member, EIRC

Registered RN 27144/75 Registration No. KOL RMS / 227 / 2016-18

If undelivered please return to : Eastern India Regional Council, The Institute of Chartered Accountants of India, 7, Anandilal Poddar Sarani (Russell Street), Kolkata - 700 071

Owner: The Institute of Chartered Accountants of India, Eastern India Regional Council Printer: Shri Alok Ray, Joint Secretary, The Institute of Chartered Accountants of India, Publisher: Shri Alok Ray, Joint Secretary, The Institute of Chartered Accountants of India Published from : The Institute of Chartered Accountants of India, Eastern India Regional Council, 7, Anandilal Poddar Sarani, P.S.: Shakespeare Sarani, Kolkata - 700 071 Printed from: CDC Printers Pvt. Ltd., Tangra Industrial Estate - II, (Bengal Pottery), 45, Radhanath Chowdhury Road, P.S. :Tangra Kolkata - 700 015 Editor: CA Anirban Datta, Chairman, Eastern India Regional Council, The Institute of Chartered Accountants of India.

The Institute does not accept any responsibility for the view expressed in the contributions of advertisements published in the newsletter. Phone: 91-33-30211140/41, Fax: 033-22272317, Website: www.eirc-icai.org, Email : [email protected]

BOOK POSTCA Anirban Datta, EditorCA Manish Goyal, Jt. EditorCA Sonu Jain, MemberCA Vineeta Agarwal, Co-opted Member

CA Sumit Binani, MemberCA Sushil Kr. Goyal, Member

CA Ranjeet Kr. Agarwal, Member

CA Kaushik Ghosh, Co-opted Member

11

Refresher Course on LLP on 23rd December 2016

Refresher Course on LLP on 26th December 2016

Seminar on Income Tax Scheme: Pradhan Mantri Garib Kalyan Yogna on 28th December 2016



Late CA S Vaidyanath Aiyar Memorial Lecture on 30th December 2016

Recent Changes & Critical Issues in

Accounting Standard and Standards of Auditing on

29th December 2016

Releasing the Official Souvenir L – R: Shri B Mohanty, ROC, MCA, Govt. of India, CA Nitesh More, Member, EIRC, CA Vinod Kothari, CA Yagnesh M Desai

L – R: CA Vikash Parakh, CA Sonu Jain, Secretary, EIRC, CA Rishi Khator

L – R: CA Manoj Tiwari, CA Anirban Datta, Chairman, EIRC, Shri P B Pramanik, Addl. Director, IT, CA Nitesh More, Member, EIRC

L – R: CS Atul Kumar Labh, CA Nitesh More, Member, EIRC, CA Mohit Bhuteria

L – R: CA P R Kothari, CA Sonu Jain, Secretary, EIRC, Advocate Arka Majumdar

L-R: CA Nitesh More, Member, EIRC, CA Subodh Kumar Agrawal, Past President, ICAI, CA Anirban Datta, Chairman, EIRC, CA Somobrata Dutta, Past Chairman, EIRC

CA Vivek Newatia

Documents

EIRC 1st January 2017€¦ · Accountants’ Study 11th January Presentation of Financial 8017467202 2nd Floor, 7.00 pm Circle-EIRC 2017 Statement under IND-AS 9903906165 3 Govt