[CA Debayan Patra] Professional Updates

*New President & Vice President of The Institute of Chartered Accountants of India* The newly elected President & Vice President of ICAI for the term *2024-2025* are: *###President: CA Ranjeet K Agarwal (CCM from From East Region)* *###Vice President: CA Charanjot Singh Nanda (CCM From North Region)* _*💐Congratulations to both from Team EIRC of ICAI.*_ We look forward to a hugely successful tenure. Regards, *CA Debayan Patra* Chairman, EIRC-ICAI

*Last Date to file Nominations: 15th Feb, 2024* *UDAAN – Celebrating Womenhood* EIRC of ICAI is all set to celebrate this *International Women’s Day* with the _*inspiring stories*_ of *75 Women Chartered Accountants*. *Key Highlights of the initiative are:* 1. *Inspiring* and *empowering* Women 2. *Visibility* and *Recognition* 3. *Community Building* 4. *Encouraging Diversity* and *Inclusion* So, what are you waiting for? *Nominate Yourself* or *any women CA* you know through *https://forms.gle/M1B5AqzrFRLFL3QQ8* *_Last Date_ for Nomination – 15th February 2024* *Eligibility Criteria:* Women Chartered Accountants, Members of EIRC of ICAI from Assam, Tripura, Sikkim, Arunachal Pradesh, Meghalaya, Nagaland, Orissa, West Bengal, Manipur, Mizoram and the Union Territory of Andaman & Nicobar Islands. Jury Panel would be selecting 75 best nominations for a *Souvenir* to be released on *7th March 2024* when we celebrate Women’s Day with a power-packed event. Regards, *Team EIRC of ICAI*

*Team EIRC thanks each and every member and student for their contributions & support throughout the year 2023.* With your support and wishes *EIRC has won the India’s Second Best Region Award* and *Best Students' Association Award (EICASA of EIRC of ICAI)* for the year 2023. _Following EIRC branches won the Students Association awards at National level:_ Branches of Students Associations (Small Category) - 2nd Prize - *SILIGURI Branch of EIRC of ICAI* Branches of Students Associations (Micro Category) - 2nd Prize - *SAMBALPUR Branch of EIRC of ICAI* _The 74th Annual Function was held at Vigyan Bhawan, New Delhi on 8th of February, 2024. Shri Om Birla, Hon'ble Speaker of the Lok Sabha was the Chief Guest._ Regards, *CA Debayan Patra* Chairman, EIRC of ICAI

*Recording & Background Material of Direct Tax Conclave held on 3rd February 2024 organised by EIRC-ICAI Jointly with its ACAE CA CPE Study Circle* *Dear Professional Colleague,* Greetings from Team EIRC of ICAI! We would like to express our heartfelt appreciation to all the participants for attending and making the Conclave a grand success. It was an absolute pleasure to have you with us, and we sincerely hope that you found the event insightful and valuable. *Following are the video links of the various sessions:* *Inaugural Session* - https://youtu.be/_-1Q1d4RwT8?si=kBQCUhKDP3q_vZr6 *Session of CA Kapil Goel* - Topic: "Sec 148- SC Judgement of Ashish Agarwal - Way Forward & Penny Stock in the aftermath of Judgement of Swati Bajaj" *Link:* https://youtu.be/04fBiyjBLmY?si=YiyfYUV1AX4Iffk1 *Shri Utsav Parekh, Chairman of SMIFS Capital Markets Limited*, Topic : Industrialist's View on Indian Economy *Link:* https://youtu.be/k-UA9NJGkc8?si=VU9-Ei3tiLKm05YK *Session of Prof Dr Suman Mukherjee* - Topic: Economist's View on Indian Economy *Link:* https://youtu.be/N5eFaC0T-J4?si=S6045A7ZDCo16nay *Session of CA. (Dr) Girish Ahuja* - Topic : Clause by Clause Analysis of Finance Bill 2024 & Capital Gains viz a viz Business Income relating to Shares and Securities (Section 43B(h) was also deliberated on) *Link:* https://youtu.be/qVgoFcfvRbw?si=ZfLB7swnldyNNCQ3 *You can download the Background Material of the Seminar from the following link:* https://eirc-icai.org/resource/background-material-of-events We would also like to extend our sincere gratitude to all the speakers. We are excited to continue supporting you in your professional development. Thank you once again for your active participation and engagement. Best regards, *CA Debayan Patra* Chairman, EIRC-ICAI

*Last Date Today (31.01.2024): MEF Draft Panel 2023-2024* The Draft Bank Branch Auditors’ Panel (MEF) of Chartered Accountants/Firms for the year 2023-24 has been hosted at meficai.org. The applicants would also be able to view the reasoning for change in their category, wherever applicable, in the Draft Panel itself. However, in case of any observations/ complaints the applicants may raise the query with details at https://app.meficai.org/complaints which will be suitably addressed by PDC, ICAI. *The Draft Panel will be available till today (Wednesday, 31st January 2024).* Regards, *Team EIRC-ICAI*

*Early Bird Offer till 31st Jan, 2024: 5 CPE Direct Tax Conclave on 3rd Feb 2024* *To register, click here* - https://eirc-icai.org/event/6-cpe-seminar-on-tax-conclave-on-3rd-feb-2024 🗓 *Date*: 3rd Feb 2024 📍 *Venue*: Mahajati Sadan, Kolkata 🕘 *Time*: 2:00 PM to 8:00 PM ®️ *Early Bird Offer till 31st Jan, 2024*: *Rs.600 (inclg GST)* - [Actual Rs.700 (inclg GST)] *Complimentary Book for all participants:* Guidance Note on Financial Statements of Non- Corporate Entities 👥 *Panellists, Speakers & Topics*: *Shri Utsav Parekh*, Chairman, SMIFS Capital Markets Limited *Prof. (Dr.) Suman Mukherjee*, Eminent Economist *Adv. Kapil Goel* - Sec 148- SC Judgement of Ashish Agarwal - Way Forward & Penny Stock in the aftermath of Judgement of Swati Bajaj *CA (Dr.) Girish Ahuja* - Clause by Clause Analysis of Finance Bill 2024 & Capital Gains viz a viz Business Income relating to Shares and Securities *Organised By Eastern India Regional Council of ICAI Jointly with ACAE CA CPE Study Circle of EIRC-ICAI* *To register, click here* - https://eirc-icai.org/event/6-cpe-seminar-on-tax-conclave-on-3rd-feb-2024 Regards *CA Debayan Patra* Chairman EIRC-ICAI

*All Odisha CA Sub Regional Conference* *Organised by EIRC of ICAI* *CPE:* 12 Hrs *Dates:* 10th & 11th January, 2023 *Venue:* ICAI Bhawan, Bhubaneswar Branch *Fees:* Rs.1,500+GST *Reg Link:* https://bhubaneswar-icai.org/EMS/ _The Conference will cover both *traditional and futuristic topics including Capital Markets*._ _National level speakers like *CA (Dr) Girish Ahuja, CA Aanchal Kapoor, Shri Rajesh Jayaraman* will be deliberating in the Conference._ We look forward to seeing you in the Conference. Regards, *CA Debayan Patra* *Chairman, EIRC-ICAI* _On behalf of Team EIRC & Branches of EIRC of ICAI in Odisha_

🔍 *6 CPE Workshop on Valuation on 4th Jan 2024* *Organised By Eastern India Regional Council of ICAI* *To register, click here* - https://eirc-icai.org/event/workshop-on-valuation-on-4th-jan-2023 🗓 *Date*: 4th Jan 2024 📍 *Venue*: R. Singhi Hall, ICAI Bhawan, Russel Street, Kolkata 🕘 *Time*: 2:00 PM to 8:00 PM ®️ *Registration Fees*: ₹500+ GST 👥 *Speakers & Topics*: *CA Manish Gadia* - Valuation of Shares & Securities *CA Anurag Singhal* - Recent Development in the World of valuation *CA Vikash Goel* - Intangible Assets (Brand Goodwill) *Sri Bal Kishan More* -Valuation of Land & Building *CA Anil Gupta* - Ifs & Buts of Valuation *To register, click here* - https://eirc-icai.org/event/workshop-on-valuation-on-4th-jan-2023 Regards *Team EIRC-ICAI*

*11CPE | 2 Days National Conference at ICAI Bhawan, Russell Street, Kolkata on 30th & 31st Dec, 2023 from 2pm to 8pm organised by CPE Committee of ICAI, hosted by EIRC-ICAI* *_2 Hours each on Auditing Standards and Code of Ethics are also covered_* *Registration Fees:* Rs.700/- + GST *Registration Link*: http://surl.li/olfrz *Topics & Speakers:* *30th Dec:* #1 Structured Finance: *CA Pawan Lohia* #2 FEMA- Practical Aspects: *CA Vivek Newatia* #3 Recent Update in GST: *CA Pradeep Modi* #4 Digital Competency Maturity Model: *CA Sanjib Sanghi, Vice Chairman, EIRC* #5 SBO for Companies & LLPs and Demat for Pvt. Ltd. Companies: *CA Mayur Agrawal, Treasurer, EIRC* *31st Dec:* #6 Auditing Standards with emphasis on Documentation: *CA Hari Ram Agarwal, Past Treasurer, EIRC* #7 Practical Aspects of Mergers & Amalgamations: *CA Vishnu K. Tulsyan, Secretary, EIRC* #8 Application of AI in Internal Audit: *CA Suman Chaudhury* #9 Code of Ethics: *CA Debayan Patra, Chairman, EIRC* *Date:* 30th & 31st Dec, 2023 *CPE:* 11 Hrs. *Time:* 2 P.M. to 8 P.M. *Venue:* R Singhi Hall, ICAI Bhawan, Russel Street, Kolkata *Registration Link*: http://surl.li/olfrz *Fee:* ₹700+ GST Regards, *Team EIRC*

*Attention All Chartered Accountants!* An Exciting New Opportunity Awaits! 🔹 *Introducing 'CA Connect' by ICAI* 🔹 🔍 *A Unique Portal Exclusively for CAs to be connected and get engaged Professionally across India!* 🔍 🌐 *Why 'CA Connect'?* _CA Connect Portal is a system of listing CA Firms / Individual CA Practitioners on the platform of ICAI. The objective of this Portal is to provide an effective platform for listing due to limitations on such listing through online aggregators. CA Connect Portal will enable Chartered Accountants to be connected, and get engaged Professionally across India. The role of ICAI is limited; and ICAI will only work as a facilitator and enable search to the users based on the information submitted by the registered users._ 🚫 *Remember, CAs are not permitted to register on any other portals for promotion. 'CA Connect' is your exclusive platform to shine!* 🚫 *Deadline Alert: 7th January,24* Don't miss out on this fantastic initiative by ICAI. Register now and be part of a revolution in CA services! 👉 Want to know more and register? *Visit:* https://caconnect.icai.org/ 🔗 *Register Today & Transform Your Professional Journey!* *'CA Connect'* is an initiative of ICAI through its Ethical Standards Board. Regards *CA Debayan Patra* Chairman EIRC-ICAI

*Registration will close at 2pm today (12th December), 2023 for the 48th Regional Conference* *Theme: Capacity-* Build Capacity, Elevate Standard, Ensure Growth 📆 Friday & Saturday *15th and 16th December, 2023 at Science City Main Auditorium, Kolkata* 🎯 *CPE:* 12 Hrs 🕛 *Register at ₹ 2,750/- only (Plus 18% GST)* 📝 *For Registration Visit:* https://eirc-icai.org/event/48th-regional-conference-of-eirc-icai Regards, *Team EIRC-ICAI*

*12 CPE - 48th Regional Conference of EIRC* *Forgot to register? Last Date Today* *Avail early bird offer by registering today (8th Dec,2023)* *Theme: Capacity-* Build Capacity, Elevate Standard, Ensure Growth 📆 Friday & Saturday *15th and 16th December 2023 at Science City Main Auditorium, Kolkata* 🎯 *CPE:* 12 Hrs 🕛 *Please avail Early Bird Offer at ₹ 2,500/- only (Plus 18% GST)* (Actual: Rs.3,000 + GST) 📝 *For Registration Visit:* https://eirc-icai.org/event/48th-regional-conference-of-eirc-icai *Renowned national level speakers and entrepreneurs will be deliberating in the Conference* 🎙️ *Topics To Be Covered:* • Panel Discussion on: Redefining Financial Oversight in a Digital Age • Future of the Accountancy Profession • Panel Discussion: Driving India's Ascent: Innovation, Entrepreneurship & the Future of a Digital Nation • Emerging Sectors & GST and GST Refunds - An engine for SME Growths • Future of Money - The Digital Way • Panel Discussion: The Global Business Outlook and Role of India & CAs • Capacity Building & Empowering the Youth: Strategies for a Self Reliant India • Building Capacity to Navigate the Current Challenges & Ensuring Audit Quality • Navigating the Complexity of Income Tax Provisions and Start-ups and Income tax Incentives Regards, *CA Debayan Patra* Chairman, EIRC-ICAI

*12 CPE - 48th Regional Conference of EIRC* *Forgot to register?* *Avail early bird offer by registering by 5th Dec,2023 (today)* *Theme: Capacity*- Build Capacity, Elevate Standard, Ensure Growth 📆 Friday & Saturday *15th and 16th December 2023* at *Science City Main Auditorium, Kolkata* 🎯 *CPE:* 12 Hrs 🕛 *Please avail Early Bird Offer at ₹ 2,500/- only (Plus 18% GST)* (Actual: Rs.3,000 + GST) 📝 *For Registration Visit:* https://eirc-icai.org/event/48th-regional-conference-of-eirc-icai *Brochure*: https://drive.google.com/file/d/1zjrafGuKuZ59L7bQaBjgD1nTh60capTm/view?usp=drivesdk 🎙️ *Guests, Speakers & Panellists*: • *Shri C. V. Ananda Bose**, Hon'ble Governor of West Bengal, • *Shri Anurag Thakur**, Hon'ble Union Minister of Sports, Youth Affairs, Information & Broadcasting • *CA Aniket Sunil Talati*, President, ICAI • *CA Ranjeet Kumar Agarwal*, Vice President, ICAI • *CA. (Dr.) Debashis Mitra*, Immediate Past President, ICAI • *CA. Sushil Kumar Goyal*, Central Council Member, ICAI • *Shri Amitabh Kant**, IAS (Retd), Former CEO, NITI Aayog & India's G20 Sherpa • *CA Anand Mohan Bajaj**, Additional Deputy Comptroller & Auditor General & CTO • *CA K Raghu*, Past President, ICAI • *CA Nilesh S Vikamsey*, Past President, ICAI • *CA Sujan Kumar Kafle*, President, ICA Nepal & Board Member of SAFA • *Mr. Hassan Mohamed*, Vice President, ICA Maldives & Board Member of SAFA • *Shri Amit Chaudhary*, Co-Founder , Lenskart • *Shri Gaurav Jalan*, CEO & Founder, mPokket • *CA Ashok Kumar Barat*, Independent Director, Bata India Limited • *CA P R Ramesh*, Former Chairman, Deloitte India • *CA ( Dr.) Girish Ahuja*, Renowned Income Tax Expert • *CA Bimal Jain*, Renowned GST Expert *Confirmation Awaited 🎙️ *Topics To Be Covered*: • Panel Discussion on: Redefining Financial Oversight in a Digital Age • Future of the Accountancy Profession • Panel Discussion: Driving India's Ascent: Innovation, Entrepreneurship & the Future of a Digital Nation • Emerging Sectors & GST and GST Refunds - An engine for SME Growths • Future of Money - The Digital Way • Panel Discussion: The Global Business Outlook and Role of India & CAs • Capacity Building & Empowering the Youth: Strategies for a Self Reliant India • Building Capacity to Navigate the Current Challenges & Ensuring Audit Quality • Navigating the Complexity of Income Tax Provisions and Start-ups and Income tax Incentives Regards, *Team EIRC*

*Forgot to register?* *Avail early bird offer by registering now* *12 CPE - 48th Regional Conference of EIRC* *Theme: CApacity*- Build Capacity, Elevate Standard, Ensure Growth 📆 Friday & Saturday *15th and 16th December 2023* @Science City Main Auditorium, Kolkata 🎯 *CPE:* 12 Hrs 🕛 *Please avail Early Bird Offer at ₹ 2,500/- only (Plus 18% GST)* (Actual: Rs.3,000 + GST) 📝 *For Registration Visit:* https://eirc-icai.org/event/48th-regional-conference-of-eirc-icai 🎙️ *Guests, Speakers & Panellists*: • *Shri C. V. Ananda Bose**, Hon'ble Governor of West Bengal, • *Shri Anurag Thakur**, Hon'ble Union Minister of Sports, Youth Affairs, Information & Broadcasting • *CA Aniket Sunil Talati,* President, ICAI • *CA Ranjeet Kumar Agarwal*, Vice President, ICAI • *CA. (Dr.) Debashis Mitra,* Immediate Past President, ICAI • *CA. Sushil Kumar Goyal,* Central Council Member, ICAI • *Shri Amitabh Kant**, IAS (Retd), Former CEO, NITI Aayog & India's G20 Sherpa • *CA Anand Mohan Bajaj**, Additional Deputy Comptroller & Auditor General & CTO • *CA K Raghu,* Past President, ICAI • *CA Nilesh S Vikamsey*, Past President, ICAI • *CA Sujan Kumar Kafle,* President, ICA Nepal & Board Member of SAFA • *Mr. Hassan Mohamed,* Vice President, ICA Maldives & Board Member of SAFA • *Shri Amit Chaudhary*, Co-Founder , Lenskart • *Shri Gaurav Jalan,* CEO & Founder, mPokket • *CA Ashok Kumar Barat,* Independent Director, Bata India Limited • *CA P R Ramesh,* Former Chairman, Deloitte India • *CA ( Dr.) Girish Ahuja*, Renowned Income Tax Expert • *CA Bimal Jain,* Renowned GST Expert *Confirmation Awaited 🎙️ *Topics To Be Covered*: • Panel Discussion on: Redefining Financial Oversight in a Digital Age • Future of the Accountancy Profession • Panel Discussion: Driving India's Ascent: Innovation, Entrepreneurship & the Future of a Digital Nation • Emerging Sectors & GST and GST Refunds - An engine for SME Growths • Future of Money - The Digital Way • Panel Discussion: The Global Business Outlook and Role of India & CAs • Capacity Building & Empowering the Youth: Strategies for a Self Reliant India • Building Capacity to Navigate the Current Challenges & Ensuring Audit Quality • Navigating the Complexity of Income Tax Provisions and Start-ups and Income tax Incentives *Regards*, *Team EIRC of ICAI*

*Extended Last Date: 21st Nov, 2023* *48th Regional Conference of EIRC of ICAI (12CPE)* *Avail Early Bird Offer by 21st Nov, 2023* *Early Bird Offer: Rs.2,200 + GST* (Actual: Rs.3,000/- + GST) *Reg Link*: https://eirc-icai.org/event/48th-regional-conference-of-eirc-icai *Event Details:* *Dates:* Friday & Saturday, 15th and 16th December, 2023 *Venue:* Science City Auditorium, Kolkata *CPE Hours:* 12 Refer Brochure for more details. *Note:* Early Bird offer extended from 15th Nov (due to the festive season) to 21st Nov,2023 on request of members. Regards, *Team EIRC*

*Last date for payment of Membership/ COP fee for the year 2023-24 from has been extended from 30th September, 2023 to 31st October, 2023 on account of hardship faced by the Members in submission of "Know Your Member" (KYM) Form and payment of Annual Membership/COP fee due to technical issues in SSP.* *Source:* https://www.icai.org/post/extension-of-last-date-for-payment-of-membership-cop-fee-2023 Regards *Team EIRC*

*MULTIPURPOSE EMPANELMENT FORM 2023-24* PDC has hosted the Multipurpose Empanelment Form (MEF) for the year 2023-24, which is available at www.meficai.org. Before filling the MEF, Members are advised to go through the Advisory.  *Registration / Login Credentials*  *Existing Applicants:*  Applicants of MEF 2023-24 can login with MEF 2022-23 credentials. If you have forgotten the password, go to “Forgot Password” button to retrieve the password.  *New Applicants:* Please register by using :  FRN & Date of Establishment if Applicant is a Partnership Firm/LLP/Proprietary Concern MRN & Date of Birth if Applicant is an Individual. In their continuous efforts to improve the MEF processes, PDC has introduced a new feature known as the *"Category Calculator"* which is available at https://app.meficai.org/Cats. This feature will help you to know the Category as per the revised norms of RBI dated 6th March, 2023.    *Last date for submission of online Form is 6th October, 2023.* Regards, *Team EIRC*

*Action against Non-CAs Promoting Audit Services* *Respected Member,* We understand from various social media posts that certain non-chartered accountants are promoting auditing services which they are not qualified or eligible to conduct. Such practices not only jeopardise the credibility of the profession but also may lead to significant discrepancies in financial reporting and assessments. To address this, the EIRC of ICAI has introduced an initiative where you can report such unethical promotions which in turn we will report to the ICAI Legal Department (Head Office) for taking suitable action. If you come across any such instances, please inform us through the provided Google Form link. *Google Form Link:* https://forms.gle/uJXPQg5Jsie8Fy8L9 Your vigilance helps maintain the sanctity of our esteemed profession. Let us work together to uphold the high standards that ICAI stands for. *Thank you for your continued dedication and support*. Warm regards, *CA Debayan Patra* Chairman, EIRC of ICAI

*Grand Finale* The *EIRC of ICAI* is hosting the *Grand Finale - CA Students' National Talent Search 2023- Quiz & Debate Competitions* at *Kolkata* under the aegis of the *SSEB of ICAI*. *The inaugural session will start at 10.00am* _You can watch the live telecast through the following links:_ *Quiz:* https://live.icai.org/sseb/27082023/quiz *Debate:* https://live.icai.org/sseb/27082023/debate Regards, *CA Debayan Patra* Chairman EIRC of ICAI

*KYM - Help Desk* *Dear Esteemed Member,* The ICAI has introduced the "KYM" Form, which is now mandatory for all members to submit annually through the Self-Service Portal (SSP) of the ICAI. I understand that this new requirement may be posing challenges for some of our members. To assist you in this regard, the *Eastern India Regional Council* of ICAI has established a *Help Desk at ICAI Russel Street and ICAI Kasba, Kolkata*. *Help Desk Timings : 10.00 am to 5.00 pm* *ICAI Kasba Office: Monday to Friday* *ICAI Russell Street Office: Monday, Wednesday & Friday* I urge all our esteemed members to prioritise the submission of the KYM Form. Warm regards, *CA Debayan Patra* Chairman, EIRC of ICAI