@@629hg See, power of Tax Audit in Income Act, 1961 is unfortunately given to CA only even if its proper learned & studied by CMA and CS students. CA have statutory audit power under Companies Act(CAs are expert in Statutory Audit), CS has Sectarieral Audit power under Companies Act(CSs are expert in Secretarial Audit) and CMA has Cost Audit Power under Companies Act(CMAs are expert in Cost Audit) So power of Tax audit should be shared with CS and CMA for better competition, Equally opportunity and Eeasy Access for Clients. 🙏
@@sureshshaw9555 brother having in depth knowledge in costing is good but what about the knowledge of cost audit? Do u have cost audit in your syllabus then how can you say let the ca also do cost audit even If they have zero knowledge about it?
Shame on you!! For spreading false information. The only thing that is going to happen with regards to direct tax is that it is going to be simplified. If you are so sure of what you are saying, kindly share the economic times article which you are referring to which you read recently. There has been a lot of silly speculations about what your are saying and economic times hasnt reported about a cost accountant being eligible for tax audit. I am a CMA, and a proud one, at practice!! and i know for a fact what you are saying is absolute bullshit!!
@@kanwalkunwarpanwar3276 See, power of Tax Audit in Income Act, 1961 is unfortunately given to CA only even if its proper learned & studied by CMA and CS students. CA have statutory audit power under Companies Act(CAs are expert in Statutory Audit), CS has Sectarieral Audit power under Companies Act(CSs are expert in Secretarial Audit) and CMA has Cost Audit Power under Companies Act(CMAs are expert in Cost Audit) So power of Tax audit should be shared with CS and CMA for better competition, Equally opportunity and Eeasy Access for Clients. 🙏
Can you please give me the articles that you have mentioned here at 00:55. Which you have been constantly reading for the last two to three wewks in the economic times?
A good move to remove monopoly and my senior is doing tax audit 44ab for more that 350 clients. There can also be a cooling period given so that every accountant can be trustworthy by Govt.
There is no monopoly u r more than welcome to pursue CA and do tax audit after qualifying, so its not logical to say monopoly as entry is not restricted.
NO bro , abhi bhi India ko hamre oper varosa he, Jake kahi pe bhi puch de CA,CS sabko pata hoga. Power Dene se kya hoga jab otni knowledge nhi hoti. Wese bhi govt ne power de bhi diya , tab bhi client hamre pas hin ayenge. 😂😂
@@animalsworld4206 Bhai pehle thik se foundation pass kr le practical world me kya chal rha hai kaun kitna kiske pass ja rha hai vo tumhe nahi pata jab ande se bahar aoge na tab dikhega
@@sjk-z4m i already cleared ca inter in sep 24, me pehele CMA karne ka soch rha tha, likin jab dekha CMA mein Jo inter me syllabus he. Bo ca ka foundation me he . That's why I shifted to CA. Aur Aj kal CMA walo kabse CA ko sikha rhe he??
@@animalsworld4206 yes I agree on the part that some subjects like accounts is less tougher in cma inter than ca But brother we cma students also study tax in both our inter and final and we study the same tax laws that you people study so why can't we be allowed to do tax audits if have that knowledge to do so?? Asking a genuine question
@@animalsworld4206 I'm in CA and CMA final.. But there's no sense in leaving cma that cma inter contains ca foundation syllabus... FYI, the topics covered in ca final are basics for CFA level 1.. Does it make CA course waste and bakwas?? If yes it's better for u to leave CA and do CFA and many people doesn't know CMA and CS and that doesn't mean courses are not worthy.. It represents their lack of knowledge but not worthyness of the course.. Many people know engineering and doctor than CA.. So does it make CA course waste and unworthy?? And every course contain people who are skilled and unskilled.. If cma doesn't have skillful people then why lot of practicing CA's are crying on CMA's for tax audits?? And FYI, knowledge doesn't depend on a course but differs from person to person.. There are many CMA's and CS who earn more than a CA 😅😅 and If only CA course makes a person knowledgeful then why scams are going on in our country?? 🤔🤔
@@KaranGupta-0000beta tum log ki ac ki kya knowledge he govt ko pata he, hamlog Jo inter me padhte he tum log final me. Tum log ko jo puch raha he ki beta kya kar rha he, tum log bolte ho CMA , log puchte he CMA knsa course he, tab bolte ho ki CA ke jesa. Yhi he tumhari identity. Aur agye hamre sath equal hone ko😂
@@animalsworld4206 jaise teri naam hai bete waisi teri boli..... Profesional bnn rhe ho or professionalism ka mtlb ni pta..... Baat rahi Knowledge ki toh beta tum log accounts or audit k liye hi ho.... smjhe or jaha tk fame or name ki baat hai tmlog ko sarkar se 1949 se hi power mila hua hai toh jo chij dia hua hai uska samman kro naki beta... dusra ka bejjati..... yahi se pta lag gai hai tmhari soch or professionalism or ethical code of conduct....wrna bete CA bnne k baad bhi koi karam k nai rhoge....... waise v abhi bhi koi karam k nai lag rhe.....
@@KaranGupta-0000sun beta i already cleared the ca inter in sep 24, and tune khud bola he ki statutory audit kya shrif CA kar sakte he, and abhi bol rha he ki CA ko accounts and audit me Jada knowledge he. To fir kese tum log statutory audit kar sakte ho
@@animalsworld4206 abe andhey...theek se padh maine likha hai ki CA hi sirf Stat audit kr skte reply dia hu CA k favour mai... qki wo bol rha sb chij CMA ko krne dena chahie.... tbhi maine kaha ki CA hi kr skte or koi nahi.... Andhey....treko theek se pdhna bhi nahi aata kya... or tune inter clear kr k ICAI ka president smjh lia kya khud ko tune khud k liye clear kia hai.... mere liye ni gyaanbaji bahar de....... Or respect krna sikh har profession ka.....
"Nothing against CMAs and CSs, but if this is the reality, you might also consider increasing your paper standards along with more practical exposure in ur curriculum… right now it’s farrr behind the industry standards when it comes to tax
@@anirudhsree So you are comparing us CMAs with graduates now?? Why you people have this misconception that only you people know about tax?? For your kind information TAXATION is not a rocket science that only ca can understand and we as professional COST ACCOUNTANTS have thoroughly studied these subjects So please dont dare to underestimate us again
If not rocket science then Maybe graduates are equally qualified for conducting audit. Why are underestimating graduates? Also, I don't feel CMAs are that level of CAs. U can check CA question paper and u will understand the difference of standards.
@@anirudhsree So if you think graduates are equally capable of doing audit then what is the use of your ca degree?? Shut your institutes down and let the graduates do the auditing work And don't you talk about the standards of paper, your passing percentage and number of students that clear this exam every year is becoming like bcom exams now a days so don't dare to talk about "STANDARDS"
It is very wrong to include CS/CMA for tax audits, CA's are supposed to be experts in the field of tax while CMAs are expert in the field of costing and CS are experts in the field of corporate compliances.
No this decision is not appropriate. The power of doing tax audit should lie with CAs only CMAs and CS shouldnt be made eligible for doing tax audit. I wish government should take right decision and shouldnt allow CS and CMA for doing tax audit
Jane de Bhai onko bhi oppertunity milna chaiye, kyunki DT simplified ho gya , isliye govt de rha he , nhi to pehele nhi de rha tha. Let see ye log apna kam sahi se kar pate he ki nhi, warna. Govt firse withdraw karega .
Great news for cost accountants ❤ thanks for sharing!
Not going to celebrate unless it is implemented.Thank you so much sir
Same here
Totally agreed...💯
Absolutely
@@629hg See, power of Tax Audit in Income Act, 1961 is unfortunately given to CA only even if its proper learned & studied by CMA and CS students.
CA have statutory audit power under Companies Act(CAs are expert in Statutory Audit),
CS has Sectarieral Audit power under Companies Act(CSs are expert in Secretarial Audit) and
CMA has Cost Audit Power under Companies Act(CMAs are expert in Cost Audit)
So power of Tax audit should be shared with CS and CMA for better competition, Equally opportunity and Eeasy Access for Clients. 🙏
Great news sir..🥳🥳..lucky to have to u in our cma fraternity
Government should consider about cost audit and allow to CA's also
Sorry but i dont think CAs are capable to do so
then allow Statutory Audit for CMAs 😂
Nirmala sitaraman had personal issues with us she is taking revenge on us. NP after becoming PM we will force' Fully take back our tax audit
@@sjk-z4msorry bro u are wrong nowaday CA aspirants also have indepth knowledge in cost accounting as well
@@sureshshaw9555 brother having in depth knowledge in costing is good but what about the knowledge of cost audit?
Do u have cost audit in your syllabus then how can you say let the ca also do cost audit even If they have zero knowledge about it?
Shame on you!! For spreading false information. The only thing that is going to happen with regards to direct tax is that it is going to be simplified. If you are so sure of what you are saying, kindly share the economic times article which you are referring to which you read recently. There has been a lot of silly speculations about what your are saying and economic times hasnt reported about a cost accountant being eligible for tax audit.
I am a CMA, and a proud one, at practice!! and i know for a fact what you are saying is absolute bullshit!!
www.itrtoday.com/major-changes-expected-in-direct-tax-code-2025-and-why-these-matter/?amp=1
cleartax.in/s/direct-tax-code
eztax.in/dtc-direct-tax-code-2025
www.businessgo.hsbc.com/en/article/the-direct-tax-code-2025-indias-new-tax-system
www.dailyexcelsior.com/key-highlights-of-proposed-direct-tax-code-2025/
This message is appreciate to us for doing best preparation in our examimation
🤞lets hope for the best, it would be greatest decision in favour of CMA's
Tax audit for cost accountants is finally here 🎉. But why to company secretaries?
CS can do tax audit too?
Kyu bhai usne ky gunah kiya h
Bhai fark nahi padta Jo tax audit kar pata he use signing authority bhi honi chahiye
Dear Friend, CS is capable to do like how we are. Let we grow together brother. Be happy for this and Cheers❤🎉
@@prashantshinde9654 bhai jo bhi tax audit karega uske pas hi signing authority bhi hogi na . Chahe wo CMA ho ya CA
Thankful to you sir for this valuable news
CMA 👑😎
What a newws .. finally we got waht we deserved too 🎉🎉
FINALLY GOT THE GREAT NEWS🎊🎊
@@kanwalkunwarpanwar3276 See, power of Tax Audit in Income Act, 1961 is unfortunately given to CA only even if its proper learned & studied by CMA and CS students.
CA have statutory audit power under Companies Act(CAs are expert in Statutory Audit),
CS has Sectarieral Audit power under Companies Act(CSs are expert in Secretarial Audit) and
CMA has Cost Audit Power under Companies Act(CMAs are expert in Cost Audit)
So power of Tax audit should be shared with CS and CMA for better competition, Equally opportunity and Eeasy Access for Clients. 🙏
This is really good news for us ❤❤
Finally Good news🎉
Thank you sir....
Your words really boosted my confidence.
Can you please give me the articles that you have mentioned here at 00:55. Which you have been constantly reading for the last two to three wewks in the economic times?
Great news 👍The best teacher with motivational speaker 💫
I am very happy to hear such a good news
Very good news for CMA& CS❤
May be cs r not eligible for tax audit . In cs professional their is no direct tax but their is possiablity for cma
Finally great news 😊😊😊
Only one & only first update by nikhil Gupta sir
Please like if it is correct 💯
A good move to remove monopoly and my senior is doing tax audit 44ab for more that 350 clients.
There can also be a cooling period given so that every accountant can be trustworthy by Govt.
There is no monopoly u r more than welcome to pursue CA and do tax audit after qualifying, so its not logical to say monopoly as entry is not restricted.
Such a great news I really feel so proud we are part of CMA fraternity.❤ Thnq so much sir to give a great news 🎉
Doesn't matter for aspiring job candidate
sir final audit marathon?
Koi Nahi aa Raha Direct Tax Code, Only major Amendment in Income tax Act is coming
Thanks for sharing 🎉❤
CMA attempts count or not get rank
For rank attempt won't count
How to get this notification pdf.
Very Good news🥳
I have done intership on ca firm
❤❤❤great news🎉🎉🎉🎉🎉🎉
Thanks lot sir 🙏
Good news finally 🎉💪
Is these applicable or it is just a proposal?
Proposal ❤
CMA OP 🎉
I'm not happy, now it's useless by doing CA ...
NO bro , abhi bhi India ko hamre oper varosa he, Jake kahi pe bhi puch de CA,CS sabko pata hoga. Power Dene se kya hoga jab otni knowledge nhi hoti. Wese bhi govt ne power de bhi diya , tab bhi client hamre pas hin ayenge. 😂😂
@@animalsworld4206 Bhai pehle thik se foundation pass kr le practical world me kya chal rha hai kaun kitna kiske pass ja rha hai vo tumhe nahi pata jab ande se bahar aoge na tab dikhega
@@sjk-z4m i already cleared ca inter in sep 24, me pehele CMA karne ka soch rha tha, likin jab dekha CMA mein Jo inter me syllabus he. Bo ca ka foundation me he . That's why I shifted to CA. Aur Aj kal CMA walo kabse CA ko sikha rhe he??
@@animalsworld4206 yes I agree on the part that some subjects like accounts is less tougher in cma inter than ca
But brother we cma students also study tax in both our inter and final and we study the same tax laws that you people study so why can't we be allowed to do tax audits if have that knowledge to do so??
Asking a genuine question
@@animalsworld4206 I'm in CA and CMA final.. But there's no sense in leaving cma that cma inter contains ca foundation syllabus... FYI, the topics covered in ca final are basics for CFA level 1.. Does it make CA course waste and bakwas?? If yes it's better for u to leave CA and do CFA and
many people doesn't know CMA and CS and that doesn't mean courses are not worthy.. It represents their lack of knowledge but not worthyness of the course.. Many people know engineering and doctor than CA.. So does it make CA course waste and unworthy??
And every course contain people who are skilled and unskilled.. If cma doesn't have skillful people then why lot of practicing CA's are crying on CMA's for tax audits??
And FYI, knowledge doesn't depend on a course but differs from person to person.. There are many CMA's and CS who earn more than a CA 😅😅 and If only CA course makes a person knowledgeful then why scams are going on in our country?? 🤔🤔
Great news 🎉
Yayyyyy🎉🎉
Cma cma cma 🎉 lucky me 🎉 and all cma
Not just CMA even CS proposed
Hurrah 🎉🎉Finally got the good news😊
DTC is not going to be implemented for at least 30 years😊
CA so much tougher than rest of the courses...its useless now to become a CA.
CAs are habituated to earn more through this Monopoly.
that's good news in India cost accountant
Why just tax audit govt should also provide cmas and cs the right to audit and every other rights of CAs
Bhai kya bakwas kr rha stat audit CA hi kr skta hai or koi nahi.....
@@KaranGupta-0000beta tum log ki ac ki kya knowledge he govt ko pata he, hamlog Jo inter me padhte he tum log final me. Tum log ko jo puch raha he ki beta kya kar rha he, tum log bolte ho CMA , log puchte he CMA knsa course he, tab bolte ho ki CA ke jesa. Yhi he tumhari identity. Aur agye hamre sath equal hone ko😂
@@animalsworld4206 jaise teri naam hai bete waisi teri boli..... Profesional bnn rhe ho or professionalism ka mtlb ni pta..... Baat rahi Knowledge ki toh beta tum log accounts or audit k liye hi ho.... smjhe or jaha tk fame or name ki baat hai tmlog ko sarkar se 1949 se hi power mila hua hai toh jo chij dia hua hai uska samman kro naki beta... dusra ka bejjati..... yahi se pta lag gai hai tmhari soch or professionalism or ethical code of conduct....wrna bete CA bnne k baad bhi koi karam k nai rhoge....... waise v abhi bhi koi karam k nai lag rhe.....
@@KaranGupta-0000sun beta i already cleared the ca inter in sep 24, and tune khud bola he ki statutory audit kya shrif CA kar sakte he, and abhi bol rha he ki CA ko accounts and audit me Jada knowledge he. To fir kese tum log statutory audit kar sakte ho
@@animalsworld4206 abe andhey...theek se padh maine likha hai ki CA hi sirf Stat audit kr skte reply dia hu CA k favour mai... qki wo bol rha sb chij CMA ko krne dena chahie.... tbhi maine kaha ki CA hi kr skte or koi nahi....
Andhey....treko theek se pdhna bhi nahi aata kya... or tune inter clear kr k ICAI ka president smjh lia kya khud ko tune khud k liye clear kia hai.... mere liye ni gyaanbaji bahar de....... Or respect krna sikh har profession ka.....
Then govt should also make Chartered Accountants eligible for Cost Audit!!!
FYI: DTC is not coming
Is this confirmed
Are you a qualified CA,CMA and CS😳
Yes!!
Nice
Bad news......4 ca members
"Nothing against CMAs and CSs, but if this is the reality, you might also consider increasing your paper standards along with more practical exposure in ur curriculum… right now it’s farrr behind the industry standards when it comes to tax
Maybe Graduates should be also allowed to do tax audit
@@anirudhsreetrue that 🤦🏻♂️
@@anirudhsree So you are comparing us CMAs with graduates now??
Why you people have this misconception that only you people know about tax??
For your kind information TAXATION is not a rocket science that only ca can understand and we as professional COST ACCOUNTANTS have thoroughly studied these subjects So please dont dare to underestimate us again
If not rocket science then Maybe graduates are equally qualified for conducting audit. Why are underestimating graduates?
Also, I don't feel CMAs are that level of CAs. U can check CA question paper and u will understand the difference of standards.
@@anirudhsree So if you think graduates are equally capable of doing audit then what is the use of your ca degree??
Shut your institutes down and let the graduates do the auditing work
And don't you talk about the standards of paper, your passing percentage and number of students that clear this exam every year is becoming like bcom exams now a days so don't dare to talk about "STANDARDS"
It is very wrong to include CS/CMA for tax audits, CA's are supposed to be experts in the field of tax while CMAs are expert in the field of costing and CS are experts in the field of corporate compliances.
If this happens in reality, I will stop abusing this profession and again prepare and finish cma final which I left.
❤
Why u want this right
❤❤
DTC aane to do pehle
Ayega aur dhoom machega 😅
🎉🎉🎉
Why are CA students crying in the comment section😂
It is giving me so much joy to see them crying🤣😂
Dukh to hoga . Tumyare jaise nalayako ke pas kaam chala Jayega .
No this decision is not appropriate.
The power of doing tax audit should lie with CAs only CMAs and CS shouldnt be made eligible for doing tax audit. I wish government should take right decision and shouldnt allow CS and CMA for doing tax audit
Jane de Bhai onko bhi oppertunity milna chaiye, kyunki DT simplified ho gya , isliye govt de rha he , nhi to pehele nhi de rha tha. Let see ye log apna kam sahi se kar pate he ki nhi, warna. Govt firse withdraw karega .
@@vishalmanwani1559 Why? Because you are scared that CAs worth will start to deteriorate??
Sahi hai darr bana rehna chahiye
@@sjk-z4myahi dar hai😂.. Kyuki major income yahi se hoti hai
@@animalsworld4206 Ye to hai CAs jitti quality maintain karna aaya hai ki nhi dekhte hain
@@vishalmanwani1559 ha roj dekte hai tum logo ki quality newspaper mein
NFRA se pahele khud ko bachao fir dusre institute ko leke matha lagna
tumhari to degree chinn leni chiaye agr tum iss moveki wakalat krte ho tuum to apne insitiute k b sage nhi ho
Sb khaali paisa bna rhe hai saara KAAM CA ka chala ja rha....
Mama.... Nagar mein dhindhora pit do❤❤❤
@@cmacloud4308 avashya bhanje!! 😄😄😄
@CACSCMANIKKHILGUPTA sir... You replied me.... It is a great thing for me.... I will take a screen shot of this.
Sir bless me for my dec-24 exam
@@cmacloud4308 - All the best for your exams. May you come up with flying colours ♥️♥️
@@CACSCMANIKKHILGUPTA sure sir
I don't like this after becoming PM I'm going to take back force fully tax audit belongs to cas only
🫠marker khayenge hum CAs kaa
Great news🎉
❤
❤❤
❤❤🎉
🤩🤩
❤🎉
❤
❤
❤❤❤🎉