Annual Report 2019-20 - mctc.inmctc.in/Image/AnnualReport2020.pdf · THE 41ST ANNUAL REPORT OF THE MANAGING COMMITTEE FOR THE YEAR 2019-2020 (From 14th July 2019 to 5th July 2020)

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41st Annual Report 2019-20

Annual Report2019-20

The Malad Chamber of Tax Consultants

41st

MANAGING COMMITTEEPresident CA Viresh ShahVice President CA Jaimin TrivediTreasurer CA M. D. PrajapatiSecretary CA Jignesh SavlaJt. Secretary CA Kishor Thakrar Imm. Past President CA Vaibhav Seth

COMMITTEE MEMBERSShri Ujwal Thakrar Shri Khyati VasaniShri Priyal Pratik Shah Shri Bhavin MehtaShri Jitendra Fulia Shri Rajen VoraShri Sandip Parikh Shri Pratik DoshiShri Janak D. Rawal Shri Yatin Rangwala Shri Manish Chokshi Shri Kishor Vanjara Shri Janak K. Vaghani


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HIGHLIGHTS

* 18 Study Circle Meetings including 2 proposed

* Successfully conducted Full day Seminars on GST.

* Successfully conducted Half day Seminars on GST.

* 14th Dr. Bharat D Vasani - Sarasvati Sanman Samarambh & Diwali Get together.

* Publication of Monthly Bulletin Titled – MCTC Bulletin.

* Interactions with members through Emails and other Social Media Network like WhatsApp, Facebook,etc.

* 11th Half Day Seminar under the Auspicious of Shri Rajubhai J. Chokshi Oration Fund.

* Joint Workshop on Indirect Tax & Allied laws with AIFTP (WZ), BCAS, CTC, GSTPAM and WIRC (ICAI).

* Made representation at the Linkage Committee Meeting of M.D. Shah Mahila College undertaken for the upliftment of girl students and vocational guidance, which was attended by 225 students. The events was in collaboration with WIRC. Ms. Preeti Savla, Chairperson of WIRC also attended the seminar.

* Successful Representations made to Finance Minister for extension of tax audit due date.

* Successful Representations made to Finance Minister and GST Council for extension of filing of GSTR 9 and 9C

* Successful Representations made to Finance Minister for extension of implementation of Vivad se Vishwas Scheme

* Successful Representations made to Finance Minister for extension of Income Tax Due dates relating to Belated ITR Filing, TDS and Advance Tax.

* Successful implementation of Google Forms system for Pre-registration for The MCTC Seminars for the first time

* Created a Telegram Group for MCTC members so that the members can stay updated with events and activites of MCTC along with tax updates.

* Series of Webinars held during the COVID 19 Lockdown period.

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NOTICE OF ANNUAL GENERAL MEETING

To The Members, The Malad Chamber of Tax Consultants

Notice is hereby given that 41STANNUAL GENERAL MEETING of THE MALAD CHAMBER OF TAX CONSULTANTS will be held on Sunday, 5th July, 2020 at 10.45 a.m. at SNDT Mahila College, Liberty Garden Road, Malad (West), Mumbai – 400 064 to transact the following business :

AGENDA

1. To read and confirm minutes of the last Annual General Meeting held on 14TH July, 2019.

2. To receive and adopt Audited Statement of Account of the Chamber for the year ended 31- 03-2020 along with Auditors Report and Annual Report of the Managing Committee for the period from 14.07.2019 to 05.07.2020.

3. To appoint auditors for the year 2020-21 and to fix their honorarium.

4. To declare results of the election of the President and Twelve Members of the Managing Committee for the year 2020-21.

5. To transact any other business with the permission of the Chair.

FOR THE MALAD CHAMBER OF TAX CONSULTANTS

Sd/-

JIGNESH SAVLA / KISHOR THAKRAR (HON. SECRETARIES)

Place : Mumbai Dated : 18th April,2020

Registered Office: B/6, Star Manor Apartment, 1st Floor, Anand Road Extn, Malad (West), Mumbai-400 064.


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Notes1. The report of the Managing Committee, Auditor’s Report and Audited Statements of

Accounts will be emailed to all separately and same will be available on our website. However, on request in writing, the same will be sent to the members.

2. If there is no quorum by 10.45 a.m., the meeting will be adjourned for half an hour and the adjourned meeting shall be held at the same place with the same agenda and the members present will form the quorum.

3. The queries, if any, on Accounts and Annual Report should be sent atleast 3 days before the day of A.G.M. at the Administrative office c/o Shri Brijesh Cholera, Shop No.4,2nd Floor,The Mall, station Road, Malad (W),Mumbai-400064

4. Any member desiring to move any resolution at the Annual General Meeting should send the proposed resolution at the above administration office on or before 1st July 2020.

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THE 41ST ANNUAL REPORT OF THE MANAGING COMMITTEE FOR THE YEAR 2019-2020

(From 14th July 2019 to 5th July 2020)

We are pleased to present in your hands 41STAnnual Report of the Managing Committee of The Malad Chamber of Tax Consultants, for the period commencing from 14th July 2019 and ending on 5th July 2020 together with the Audited Accounts for the financial year 2019-20.

Shri Viresh B. Shah was elected unanimously as the President of the Chamber along with 12 members of the Managing Committee at 41ST Annual General Meeting held on 14th July, 2019. The Committee under the able leadership of the President, duly supported by Immediate Past President CA. Vaibhav D. Seth, along with past presidents Shri Sachin Gandhi and CA Jayprakash Tiwari and Co-opted members : Shri Janak D. Rawal, Shri Yatin Rangwala, Shri Manish Chokshi, Shri Kishor Vanjara, Shri Janak K. Vaghani

The details of various activities carried out during the year are reported here under in brief:–

1. MANAGING COMMITTEE: Shri J.D. Rawal, Election Officer, declared Shri Viresh B. Shah, elected uncontested, as

President of the Chamber and Shri Ramesh Gandhi, Election officer, announced names of 12 members of the Managing Committee elected unanimously for the year 2019-2020 at the 40th AGM held on 14th July, 2019.

2. OFFICE BEARERS: Following members were elected unanimously as the office bearers of the Chamber, at

the First Meeting of the Managing Committee held on 20th July, 2019:-

1. Shri Jaimin Trivedi Vice President

2. Shri Jignesh Savla Hon.Secretary

3. Shri Kishore Thakrar Hon.Secretary

4. Shri M. D. Prajapati Hon. Treasurer

3. CO-OPTION & SPECIAL INVITEES: The following members were co-opted to the Managing Committee unanimously, at the

first meeting held on 20th July, 2019.

Co-opted Members

1. Shri Janak D. Rawal,

2. Shri Yatin Rangwala,

3. Shri Manish Chokshi,

4. Shri Kishor Vanjara,

5. Shri Janak K. Vaghani


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The following members were permanently invited to the Managing Committee Meeting unanimously, at the first meeting held on 20th July,2019.

Special Invitees

1. Shri Brijesh M. Cholera

2. Shri Sachin R. Gandhi

3. Shri Jayprakash Tiwari

4. Shri Adarsh Parekh

5. Shri Vipul Somaiya

6. Shri Utpal Patel

4. APPOINTMENT OF SUB-COMMITTEES: At the said first meeting of the Managing Committee, various sub-committees were formed

and appointed Chairman for each committee. The details of sub-committees are annexed here with in Annexure–I.

5. MEETING OF THE MANAGING COMMITTEE: Total 6 meetings of the Managing Committee were held which were attended by members

and past chairman/president as invitees. All decisions were taken unanimously and in a friendly atmosphere and the members including invitees participated actively.

The details of the attendance of the members at the Managing Committee meetings held during the year are given in Annexure-I.

6. LIFE MEMBERSHIP: The membership of the Chamber was 1044 in the last year. After admitting 68 new

members, total membership as on the date of report is 1111.

The names of new members are given in Annexure – III.

7. FINANCIAL RESULTS: As per the Income and Expenditure Account the surplus for the year is at ` 3,57,564/-

After transfer of surplus of the RJ Chokshi Oration Fund Seminar to the RJ Chokshi Oration Fund at ` 4,284 and deficit of the Saraswati Sanman Samaroh to Saraswati Sanman Samaroh Fund at ` 12,993 and the surplus of ` 1,20,406 from Budget Meeting 2020, the balance Surplus of ` 2,26,608/- is carried forward in the Balance Sheet.

8. STUDY CIRCLE MEETINGS: Study circle meetings provided useful knowledge to the members on subject of taxation,

accounts, auditing etc. This year total 18 study circle meetings were organized on Direct / Indirect Tax, and other professional subjects. The details of study circle meetings are annexed in Annexure –IV.

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9. 1st Study Circle Meeting The first study circle was held on 3rd August 2019. The topic of the study circle was

GSTR Annual Return GSTR 9. Speakers CA Ashit Shah, Adv. Nikita Badheka ensured that the study circle was a great success. 125 participants attended the study circle meeting

10. 2nd Study Circle Meeting The second study circle was conducted on Monday, 12th August 2019 on the topic,

“Tips and Tricks in Tally ERP 9 and Using Tally ERP 9 for GST Reporting” at NL College. The eminent speaker CA Vandana Dodhia provided valuable insights. The meeting was attended by almost 100 participants.

11. 3rd Study Circle Meeting The third study circle was conducted on Sunday, 1st September 2019 on the topic,

“Contemporary Issues and Challenges in Tax Audit” at NL College. Speakers CA Ketan Vajani and Nitin Bhuta made the study circle meeting immensely successful. The meeting was attended by fifty participants.

12. 4th Study Circle Meeting The fourth study circle was conducted on Sunday, 6th October 2019 at Surajba Hall,

SNDT college. The topic of the meeting was “Transfer Pricing Audit” by CA Ujwal Thakrar and “E-assessment under Income Tax act” by Adv Neelknanth Khandelval. The very interesting topics and the eminent and insightful speakers ensured that the meeting was interactive and successful.

13. 5th Study Circle Meeting The fifth study circle was held on Tuesday, 12th November 2019 at Prabhodhankar

Thackeray Hall. Speaker CA Janak Vaghani conducted two sessions. The first one on “Tips, Tricks and Practical Solutions for Filing Form 9 & Form 9C” whereas the second one was a Question and Answer session. CA Janak Vaghani, being a stalwart in his field provided his valuable insights to the 210 attendees.

14. 6th Study Circle Meeting The sixth study circle was held on Sunday, 19th January 2020 on the topic, “Investing

and Trading successfully in Stock Market, Stock Market – Present and Future” at A V hall, SNDT college by CA Manish Choksi and Nirvish Choksi. 77 participants attended the study circle meeting.

15. 7th Study Circle Meeting The seventh study circle was conducted on Saturday, 4th April 2020 on the topic, “Vivad

se Vishvas Scheme” as a webinar on the zoom app by CA Khyati Vasani, Dr Bharat Vasani, CA Reema Shah. The meeting received highly positive feedback from the 91 participants attending the meeting.

16. 8th Study Circle Meeting The eighth study circle was held on Friday,10 April 2020 on the topic, “Immediate Relief

under GST and Company fresh start scheme.” as a webinar on the zoom app by Adv.


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Monarch Bhatt and CA Awinas Rawani. As high as 160 participants attended the webinar conducted.

17. 9th Study Circle Meeting The ninth study circle was conducted on Wednesday 29th April 2020 on the topic,

“Disclosure Requirement under GST Audit GSTR 9C FY 2018- 19” in the form of webinar on the zoom app by CA Ashit Shah. 195 participants attended the study circle meeting.

18. 10th Study Circle Meeting The tenth study circle was conducted on Saturday 02nd May 2020 on the topic, “Current

Practical issues on GST- Technical and Legal.” as a webinar on the zoom by CA Janak Vaghani and CA Nitin Bhuta. Immense feedback was received by the 198 participants.

19. 11th Study Circle Meeting The eleventh study circle was conducted on Saturday 09th’ May 2020 on the topic,

“Current Stock market Strategy.” As a webinar on the zoom app by CA Manish Choksi.

20. 12th Study Circle Meeting The twelfth study circle was held on Tuesday, 12th May on the topic, “ Form GSTR 9

2018-19.” as a webinar on the zoom app by CA Manish Gadia.

21. 13th Study circle Meeting The thirteenth study circle was conducted on Saturday, 16th May on the topic, “Practical

issues under COVID under Income tax.” as a webinar on the zoom app by CA Atul Ruparelia and Adv Ajay Singh. The webinar was attended by 203 participants.

22. 14th Study circle Meeting The fourteenth study circle was conducted on Saturday, 23rd May 2020 on the topic, “NRI

Taxation” webinar on the zoom app by CA Natwar Thakrar. 226 participants attended the webinar and provided highly positive feedback.

23. 15th Study circle Meeting The fifteenth study circle was held on Thursday, 28th May 2020 on the topic, “Offline or

Online: Compulsion or by Choice" webinar on the zoom app by CA Ankit Sanghavi. The 118 participants who attended the webinar found it to be extremely relevant and useful.

24. 16th Study circle Meeting The sixteenth study circle was held on Sunday, 07th June 2020 on the topic, “MS Excel

– Advanced Formulae and Data Analysis" webinar on the zoom app by CA Vivek Gupta. 210 participants attended the webinar and there are more than 801 views on Youtube.

25. 17th Study Circle Meeting The seventeenth study circle meeting is to be conducted on Thursday, 18th June 2020,

on the topic, “Caveats & Cautions in COVID 19 Scenario and Common Errors in Auditing” by CA Yagnesh Desai.

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26. 18th Study Circle Meeting The eighteenth study circle meeting is to be held on Saturday, 20th June 2020 on the

topic, “Negative is the new Positive”. The webinar is to be conducted by Business coach, Mr. Jigar Shah.

27. 14th Dr. BHARAT D VASANI SARASWATI SANMAN SAMARAMBH AND DIWALI GET TOGETHER

Diwali Get Together was organized on Sunday, 1st December,2019, at N. K. college followed by The “14th Saraswati Sanman Samarambh” to felicitate children of our members securing more than 75% marks in SSC, HSC, Graduation and achieving outstanding performance at the other exams like B.Com, BDS, B.E., B. TECH, CA, CS, etc. Students were felicitated with “Dr. Bharat D. Vasani Saraswati Sanman Trophy”, which was attended by members with their family. Total 13 students were felicitated. (List of Students is annexed in Annexure-V.).

Following the event, an inspirational lecture was conducted by CA Jigar Shah. The speech delivered by the eminent speaker motivated and moved every individual attending the event.

28. WORKSHOP ON GST LAW" – ORGANISED BY MCTC JOINTLY WITH AIFTP (WZ), BCAS, CTC, GSTPAM & WIRC of ICAI FOR THE YEAR 2019-2020

"Workshop on GST Law" jointly AIFTP (WZ), BCAS, CTC, GSTPAM & WIRC of ICAI to be held from 15th January 2020 to 11th March 2020. The object of Workshop is to share the essence of professional experience and expertise of the faculties which they have gained over the years. All workshop sessions will be held at 1st Floor, GSTPAM Library, GST Bhavan, Room No. 104, Mazgaon, Mumbai-10. The Scheduled List containing the dates, topics, and names of faculties is attached herewith in Annexure-VIII.

24. Half Day Seminar organized under the auspices Shri Rajubhai Choksi Oration Fund This year Malad Chamber of Tax Consultants had organized Study Circle on Practical

Issues in GST with special emphasis to Rule 36(4) and section 50(1) & Discussion on Vivad se Vishwas scheme 2020 during the year in the month of March 2020 successfully at Durgadevi Saraf Institute of Management Studies, SV Road, Malad West. The speakers, CA Aditya Surte and Advocate Ajay Singh ensured that seminar was a huge success with around 115 attendees to cater to.

The details are annexed in Annexure VI.

25. MALAD CHAMBER OF TAX CONSULTANTS BULLETIN: The bulletin of our Chamber is published regularly on 20th and 21st of every month. We

are very much thankful to our contributors to the Bulletin CA Haresh Kenia, CA Bhavin Mehta and CA Rupal Shah for compiling the updates for us and taking keen interest in the activity of the Chamber. We are also grateful to Harsh Joshi, Neel Randeria and other student contributors for their articles and their active participation. We also would like to thank Shri Kishor Vanjara - Editor and Shri Brijesh Cholera – Associate Editor for playing very efficient editorial roles for Bulletin


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27. ACKNOWLEDGING VOLUNTARY CONTRIBUTION BY PAST PRESIDENTS AND MEMBERS:

We acknowledge the voluntary contribution by our Past Presidents and Members for the conduct of the academic and study circle activities of the Chambers. During the year we have received voluntary contribution of Rs. 28000/-, Details of the same is as under:

Name AmountShri Ashwin Tanna ` 1,000Shri Rajesh Shah ` 1,000Shri Kishor Thakrar ` 1,000Shri Sandip Parekh ` 1,000Shri Jaimin Trivedi ` 1,000Shri Pravin Desai ` 1,500Shri Jignesh Savla ` 1,000Miss Khyati Vasani ` 5,000Shri V P Goyal ` 1,000Shri Viresh Shah ` 1,500Shri J D Rawal ` 1,000Shri Rajubhai Shah ` 2,500Shri Bhupendra Shah ` 1,000Shri Utpal Patel ` 1,000Shri Bhavin Mehta ` 1,000Shri Vipul Somiaya ` 1,000Shri Dilip Parekh ` 2,000Shri Jayprakash Tiwari ` 1,000Shri Ujwal Thakrar ` 2,500

28. 16th RESIDENTIAL REFRESHER COURSE: The 16th RRC of The MCTC to be held at Sunny’s World in Pune was cancelled because

of the COVID 19 pandemic in order to ensure safety and security of the members of MCTC.

29. LAW AND REPRESENTATION: This year the Chamber on behalf of all the members and in the larger interest of public

made various representations to the Finance Minister i.e. the Ministry of Finance, Income tax Department and the GST council for addressing issues such as extension of due dates for Tax audit, Filing of GSTR 9 and 9C and for implementation of Vivad se Vishvas Scheme.

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30. BUDGET MEETING ON MONDAY, 04th FEBRUARY 2020: The Public Meeting on Union Budget 2020 will be organized jointly with Goregaon Sports

Club on Monday, 04TH February 2020, at 5.30 p.m. at Goregaon Sports Club, Link Road, Malad (West), Mumbai- 400064. This proposed meeting will be attended by members of both association, prominent professionals and general public at large. The details are annexed in Annexure - VII.

31. BUDGET PUBLICATION: The Chamber will also becoming out with its consecutive 21st publication on Direct and

Indirect Tax budget proposals, An Analytical Study on Finance Bill-2020. This is a unique publication of which the Chamber publishes within 48 hours of announcement of budget proposals by the Finance Minister. The publication shall be unique as it shall contains existing provisions, proposed amendments and its impact in very lucid, comparative and exhaustive manner. A noteworthy achievement for the MCTC was that it was the first time in the history of MCTC, all the books were sold in less than 24 hours of their publication.

32. OTHER MATTERS: Keeping with past tradition, this year also the Managing Committee Meetings and sub-

committee meetings were held at our Registered office, Fulfills Restaurant and through the ZOOM app

33. ACKNOWLEDGEMENTS:1. Meetings and other programs at their premises.2. The Goregaon Sports Club, its office bearers & members who helped in holding

joint public meeting on Union Budget 2020 and also extending their valuable support to organizing the said event.

3. The Management of Nagindas Khandwala College.4. All the speakers and Chief Guests for sparing their valuable time and having

addressed at Study Circle Meetings, Seminars, Public Meeting on Union Budget 2019 and at Joint Seminars / Joint Workshop.

5. Editorial Board, Contributors, Compilers, Advisors, Members of Budget Publication and Public Meeting Committee for their untiring efforts to prepare budget publication.

6. Auditor M/s. P. B. Agarwal & Co. Chartered Accountants.7. Shri J.D. Rawal and Shri Ramesh Gandhi – Past Presidents for acting as Election

Officers.8. All the Past Presidents / Chairmen and other members who have accepted our

invitation as co-opted members and special invitees to the various committees and attending meeting of Managing Committee as well as motivating and guiding us to carry out various activities.

9. Shri Kishor Vanjara, Editor of Our MCTC Bulletin and Shri Brijesh Cholera as Associate Editor.


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10. M/s. Finesse Graphics and Prints Pvt. Ltd. for timely publication of monthly bulletin.11. Durgadevi Saraf Junior college for providing their auditorium facilities inorder to

conduct the study circle meetings.12. SNDT Mahila college for providing their hall facilities inorder to conduct the study

circle meetings.13. Prabodhankar Keshav Sitaram Thackeray Natya Mandirondhar Hall for providing

their hall facilities14. Rinav Khakhar and Harsh Joshi for conducting series of webinars organized by

MCTC15. Pooja Khara and Priti Mehta for helping in compiling and finalization of accounts

of the Malad Chamber of Tax Consultants.16. AIFTP (WZ), BCAS, CTC, GSTPAM and WIRC (ICAI) for the Joint Workshop on

GST.17. President and team of AIFTP (WZ), President and team of BCAS, President and

team of CTC, President and team of GSTPAM, Chairperson and team of WIRC for extending their support during the year.

18. All the Past Presidents of The Malad Chamber of Tax Consultants for their Valuable Guidance, unconditional Support and Blessing.

19. All office bearers, Managing Committee Members and Chairman, Co- Chairman, conveners and Members of Sub Committee whose support and co-operation, which became my best asset during my tenure.

20. Voluntary contribution by Past Presidents and Members during AGM, Diwali Get- Together and Saraswati Sanman Samaroh

21. All advertisers for their support.22. And the most important, all the wonderful members of the Chamber for

participating at various programs held during the year and extending their co- operation & wholehearted support.

FOR AND ON BEHALF OF THE MANAGING COMMITTEE

Sd/-

Viresh B. Shah President

Place : Mumbai Date : 9th June,2020

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THE MALAD CHAMBER OF TAX CONSULTANTS 41st Annual Report of The Managing Committee for the year 2019-20

ANNEXURE II List of Members of Managing Committee and Their Attendance

Sr.No. Name Post No. of meetings

1 Viresh Shah President 6

2 Jaimin Trivedi Vice President 3

3 M. D. Prajapati Hon. Treasurer 5

4 Kishor Thakrar Hon. Jt. Secretary 6

5 Jignesh Savla Hon. Jt. Secretary 6

6 Vaibhav Seth Imm. Past President 4

7 Ujwal Thakrar Member 3

8 Khyati Vasani Member 2

9 Priyal Pratik Shah Member 2

10 Bhavin Mehta Member 5

11 Jitendra Fulia Member 6

12 Rajen Vora Member 6

13 Sandip Parikh Member 6

14 Pratik Doshi Member 3

15 Shri Janak D. Rawal Co-opted Member 1

16 Shri Yatin P. Rangwala Co-opted Member 4

17 Shri Manish R. Chokshi Co-opted Member 3

18 Shri Kishor D. Vanjara Co-opted Member 4

19 Shri Janak K. Vaghani Co-opted Member 1

20 Shri Brijesh M. Cholera Special Invitee 2

21 Shri Vipul Somaiya Special Invitee 1

22 Shri Sachin R. Gandhi Special Invitee 5

23 Shri Jayprakash Tiwari Special Invitee 4

24 Shri Adarsh Parekh Special Invitee 1

25 Shri Utpal Patel Special Invitee 2

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ANNEXURE - III List of New Members introduced 2019-2020

Sr Name Of Member Occupation Introduced By

1 Hardik Savla CA Viresh Shah

2 Jigna Doshi CA Viresh Shah

3 Vidhi Doshi CA Viresh Shah

4 Swarup Chingale CA Jignesh Savla

5 Ruturaj Chingale CA Jignesh Savla

6 Yogesh Dalvi CS Jignesh Savla

7 Uday Sawant Advocate Jignesh Savla

8 Kamlesh Lathia Tax Practitioner Jitendra Fulia

9 Ghanshyam Chaora Tax Practitioner Jitendra Fulia

10 Vinay Desai CA Jitendra Fulia

11 Pratik Shah CA Priyal Shah

12 Rajesh Athavale CA Rajen Vora

13 Fenil Thakkar CA Jaimin Trivedi

14 Krunal Mehta CA Bhavin Mehta

15 Aditya Surte CA Sachin Gandhi

16 Kaustubh Shirish Surte STP Sachin Gandhi

17 Kaushik Kantak Tax Practitioner Jaiprakash Tiwari

18 Manish Mehta CA Jaiprakash Tiwari

19 Darshak Shah CA Pratik Doshi

20 Bhavik Shah CA Pratik Doshi


16


21 Aditya Seema Pradeep STP Sachin Gandhi

22 Haseet Pankaj Bathiya Advocate Ujwal

23 Jignesh Keshavji Savla CA Jigesh Savla

24 Bhavin Kirit Gor CA Jigesh Savla

25 Tejas Vinayak Padhye CA Jigesh Savla

26 Shyamsunder Padia CA Viresh Shah

27 Mahendra Semlani CA Bhavin Mehta

28 Mansi M. Pandya CA Bhavin Mehta

29 Mahendra Gurav Advocate Jignesh Savla

30 Harshil Shah CA Pratik Doshi

31 Siddhi Vora CA Pratik Doshi

32 Rajeevkumar Kabra CA Viresh Shah

33 Chiraj Raut CA Jignesh Savla

34 Balkrishna Shingadi CA Jignesh Savla

35 Zankhana Desai Dobraia CA Rinav Khakhar

36 Bijal R. Doshi CA Rinav Khakhar

37 Sushin Shetty ITP Jaiprakash Tiwari

38 Pravin Doshi CA Jitendra Fulia

39 Ravindra Shah CA Viresh Shah

40 Paresh Panchal CA Vaibhav Sheth

41 Jigar Chheda CA Jignesh Savla

42 Hitesh L Thakkar CA Jaiprakash Tiwari

43 Nitin Darange ITP Jitendra Fulia

44 Dharti Shah CA Priyal Shah

17



45 Arun Agarwal CA Kishore Thakrar

46 Mahendra Brahme CA Viresh Shah

47 Siddharth Prashant Poonamiya CA Bhavin Mehta

48 Darshan Mehta CA Viresh Shah

49 Hardik Raval CA Viresh Shah

50 Biren Kamdar CA Viresh Shah

51 Hardik Satyuga CA Sachin Gandhi

52 Aakash Singh CA Sachin Gandhi

53 Hemant Shah CA Viresh Shah

54 Vidhi Lalwani CA Inter Viresh Shah

55 Ujwala Darange Tax Consultant Jitendra Fulia

56 Rajendrajumar Mutha CA Viresh Shah

57 Divya Lalwani CA Viresh Shah

58 Ashish Joshi Bcom Viresh Shah

59 Hasmukh Patel Bcom Viresh Shah

60 Bhavisha Brahmkshatriya CA Viresh Shah

61 Sulakshana Advocate Viresh Shah

62 Ajit Ruwala CA Viresh Shah

63 Giriraj Khandelwal CA Viresh Shah

64 Pavan Shivaji Kale CA Viresh Shah

65 Subhash Laxman Kale CA Viresh Shah

66 Bharat Vasani CA Viresh Shah

67 Kamlesh Kothari CA Viresh Shah

68 Monarch Bhatt Advocate Viresh Shah


18

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20


ANNEXURE - V List of Students Felicitated at 14th Saraswati Sanman Samarambh

on Sunday, 1st December 2019

Sr MEMBERS NAME NAME OF AWARDEE EXAM PASSED

1 RAJENDRA SHAH VIRAL RAJENDRA SHAH ICAI

2 JAYESH SHAH TEJAS JAYESH SHAH ICAI

3 HARESH GODHIA YASHASVI HARESH GODHIA ICAI

4 MANISH CHOKSHI HILONI MANISH CHOKSHI MBBS

5 MANISH CHOKSHI NIRVISH MANISH CHOKSHI CMT

6 AVINASH LALWANI HARDYA AVINASH LALWANI CLASS X - ISC

7 KETAN JATANIA VATSAL KETAN JATANIA SYJC

8 SANDEEP PARIKH HETALI SANDEEP PARIKH SYJC

9 DARSHIKA KAPASI DHAVAL VIJAY KAPASI SYJC

10 AVINASH LALWANI HARSHITA AVINASH LALWANI CLASS X - ISC

11 BABU PRAJAPATI NAYAN BABU PRAJAPATI ICAI

12 SUNIL G SHAH RAJ SUNIL SHAH B.E. (Production)

13 NILESH SONI MAHEK NILESH SONI XTH STD

21



ANNEXURE - VI Details of 10th Half Day Seminar Organised Under The Auspices of

Rajubhai J. Chokshi Oration Fund On Sunday, 01 March 2020

Sr. No. Subject Speaker Total

Participants

1 Practical Issues in Gst with special Emphasis to Rule 36(4) and section 50(1)

CA Aditya Surte

115

2 Vivad se Vishwas Scheme. Adv Ajay Singh


22


ANNEXURE - VII Public Meeting on Union Budget – 2020 organized Jointly with the

Goregaon Sports Club on Tuesday, 4th February, 2020

Sr. No. Subject Speaker Participants

1 Budget proposals on Direct Taxes CA. Vimal Punmiya Members of both

association and general

public

2 Impact of Budget on Capital Markets CA. Manish Chokshi

3 Budget proposals on Indirect Taxes Adv Bharat Raichandani

23



ANNEXURE - VIII "Workshop On Gst Law" - Organised Jointly By MCTC, GSTPAM,

AIFTP(WZ), BCAS, CTC & WIRC OF ICAI For The Year 2019-2020

Day DateSession

NoTopics Speakers Timings

WEDNESDAY 15-01-20 INAUGRATION 2.00 2.30

WEDNESDAY 15-01-20 1 ISSUES IN CLAIM OF ITC QUA RULE 36(4) OF CGST RULES AND OTHER LEGAL ISSUES INVIEW OF PROVISIONS OF GST LAW

ADV. DEEPAK BAPAT 2.30 4.00

WEDNESDAY 15-01-20 2 EXPORT OF GOODS & SERVICES AND VALUATION THEREOF, SUPPLIES TO SEZ AND PROCEDURAL ASPECTS OF REFUNDS

CA JANAK VAGHANI 4.15 5.45

WEDNESDAY 22-01-20 3 CLASSIFICATION OF GOODS & SERVICES

ADV. RATAN SAMAL 2.30 5.45

WEDNESDAY 29-01-20 4 COMPOSITION SCHEME, TDS, TCS AND RCM PROVISIONS

CA SUJATA RANGNEKAR

2.30 3.30

WEDNESDAY 29-01-20 5 DOCUMENTATION INCLUDING INVOICING & E-INVOICING, DEBIT-CREDIT NOTES & ACCOUNTING

CA ASHIT SHAH 3.45 5.45

WEDNESDAY 05-02-20 6 ISSUES RELATED TO JOB WORK & E-COMMERCE TRANSACTIONS

CA ADITYA SEEMA PRADEEP

2.30 4.00

WEDNESDAY 05-02-20 7 GST E-WAY BILLS ALONG WITH PROVISIONS FOR INTERCEPTION AND PENALTIES THEREOF. THE FURTHER COURSE OF ACTION AFTER INTERCEPTION

CA SHEEL BHANUSHALI

4.15 5.45

WEDNESDAY 12-02-20 8 ISSUES IN TIME & PLACE OF SUPPLY OF SERVICES

CA SAMEER KAPADIA 2.30 4.00

WEDNESDAY 12-02-20 9 ISSUES IN TIME & PLACE OF SUPPLY OF GOODS

CA PRANAV KAPADIA 4.15 5.45


24

Day DateSession

NoTopics Speakers Timings

TUESDAY 18-02-20 10 ISSUES IN WORKS CONTRACT RELATED TO MOVABLE & IMMOVABLE PROPERTIES AND ITC THEREOF

CA S.S. GUPTA 2.30 5.30

WEDNESDAY 26-02-20 11 ISSUES IN VALUATION OF GOODS & SERVICES

CA KIRAN GARKAR 2.30 4.00

WEDNESDAY 26-02-20 12 PROVISIONS RELATED TO INSPECTION, SEARCH, SEIZURE AND SUMMONS

ADV. C B THAKAR 4.15 5.45

WEDNESDAY 04-03-20 13 NEW GST RETURNS CA AALOK MEHTA 2.30 4.00

WEDNESDAY 04-03-20 14 INTEREST, PENAL PROVISIONS & PROSECUTION

ADV. PARTH BADEKA 4.15 5.45

WEDNESDAY 11-03-20 15 MEGA BRAIN TRUST SESSION CA A. R. KRISHNAN, CA SUNIL GABHAWALA, ADV. NIKITA BADHEKA, CA PARIND MEHTA

2.30 5.30

25


GLIMPSES OF 40TH AGM

Election officers Shri Janakbhai Rawal & Shri Rameshbhai Gandhi – Declaring name of Shri Viresh Shah as President of MCTC for the year 2019-20

Felicitation of outgoing President Shri Vaibhav Seth by incoming President Shri Viresh Shah with Committee members

Welcome of Incoming President Shri Viresh B. Shah at AGM

Managing Committee of MCTC for the year 2019-20


26

Managing Committee 2019-20Managing Committee 2019-20OFFICE BEARERS

CA VIRESH B. SHAH, PRESIDENT, CA JAIMIN TRIVEDI, VICE PRESIDENT, CA M. D. PRAJAPATI, HON. TREASURER,

CA JIGNESH SAVLA, HON. SECRETARY, CA KISHOR THAKRAR, HON. SECRETARY

MANAGING COMMITTEE MEMBERS & PAST PRESIDENTS

27


Managing Committee for the year 2019-20

Full day seminar on GST held on 3rd August 2019

Third study circle on Tax audit issues held on 01st September 2019


28

3rd Study Circle Meeting

MOMENTO TO SPEAKER KETAN VAJANI BY PAST PRESIDENT, MANISH CHOKSI

MOMENTO TO SPEAKER NITIN BHUTA BY PAST PRESIDENT HITEN SHAH

PARTICIPANTS DURING BREAKTIME

29


4th Study Circle Meeting

MCTC 4th Study Circle CA Ujwal Thakrar on TP Audit


30

4th Study circle meeting on E-assessment and Transfer Pricing held on 6th October 2019

Half day seminar on GST held on 12th October 2019


President CA Viresh Shah with Speakers President CA Viresh Shah with Sponsor Equitas Finance

31


MCTC 4th Study Circle on E-Assessment by Adv. Neelkanth Khandelwal


32


President and Speaker Having a light Moment Bouquet to Speaker Janak Vaghani by President

Past President Sachin Gandhi offers memento to Speaker Bouquets to Speaker Nidhi Khakhar by President

Participants

Memento to Speaker by Past President Jay Prakash Tiwari Group Picture

President with Sponsor of

5th Study Circle

33


14th Saraswati Sanman Samarambh held on 01st December 2019

6th Study Circle meeting on Stock Markets held on 19th January 2020


34

Budget meeting on held on 04th February 2020

Half day seminar held on 01st March 2020

35


Bouquets and Chocolate to Manish Choksi Son of Late Rajubhai Choksi

Speaker with PRESIDENT and PAST PRESIDENT

Memento to Speaker CA Aditya Surte

Group Pic

Memento to Speaker Advocate Ajay Singh

MCTC Half Day Seminar under the auspices of Shri Rajubhai J. Chokshi Oration Fund on 1st March 2020


36

PUBLIC MEETING ON UNION BUDGET 2020

Participants at meeting

Saraswati Pooja

Budget Book to CA Vimal Punamiya, Speaker by CA Viresh Shah, President, MCTC

Memento to Speaker CA Manish Chokshi by Past President

Bouquets to Adv. Bharat Raichandani, Speaker by CA Viresh Shah, President, MCTC

Before Budget Meeting

37


Glimpse of 3 day work shop

Held at SNDT College by MCTC Jointly with WIRC and SNDT College


38

JOINT WORKSHOP ON GST LAW WITH GSTPAM, BCA, AIFTP, CTC, WIRC

DIGNITARIES AT THE JOINT WORKSHOP

Vipul Choksi (President of CTC), Manish Sampat (President of BCAS), Viresh Shah (President of MCTC), Dinesh Tambde (President of GSTPAM), Nikita Badheka (President of AIFTP, WZ), along with other dignitaries (from left to right)

39


1st Webinar of MCTC

Speakers of 1st Webinar on Vivad Se Vishwas Scheme


40

9th and 10th STUDY CIRCLE

41


11th STUDY CIRCLE

12th STUDY CIRCLE


42

14TH STUDY CIRCLE

16TH STUDY CIRCLE

15TH STUDY CIRCLE

SERVICE CELL MEETING ATTENDED BY PRESIDENT VIRESH SHAH

43


THE MALAD CHAMBER OF TAX CONSULTANTS

Regd. Off. :

B/6, Star Manor Apartment, 1st Floor, Anand Road Extn., Malad (W), Mumbai 400064.

Admn. Off. :

C/o. Brijesh Cholera: Shop No. 4, 2nd Floor, The Mall, Station Road, Malad(W), Mumbai 064.

Mobile. No. : 07039006655, 9820780070 E-mail: [email protected]

Website: www.mctc.in

Thank You !!!

Documents

Annual Report 2019-20 - mctc.inmctc.in/Image/AnnualReport2020.pdf · THE 41ST ANNUAL REPORT OF THE MANAGING COMMITTEE FOR THE YEAR 2019-2020 (From 14th July 2019 to 5th July 2020)