Chairman's Message

Dear Esteemed Colleagues Dear Esteemed Colleagues
The month of November brings us to the end of Tax Audit Assignments involving Transfer Pricing issues. The process of simplification of GST Forms has led to the extension of due date of filing GST Annual Returns and GST Audit for the Financial Year 2017-18 to 31st December 2019. December 31st is also last date to file application under amnesty scheme under service tax announced by Finance Minister in Budget called "Sabka Vishwas (Legacy Dispute Resolution Scheme)". Also the scrutiny assessments under Income Tax for AY 2017-18 have to be completed by 31st December of this year. With great amount of grief I wish to inform the members that CA Ambati Chinna Gangaiah from Hyderabad has passed away on 19-11-2019 at Hyderabad. He was regular speaker at Visakhapatnam Branch and also was regularly contributing articles for Branch Newsletter from past many years. I pray that the almighty gives his family the strength to withstand this tragic moment. May his soul rest in peace. Programs for the Month of December 2019: I am extremely happy to share with the members that On 21st December 2019.
Visakhapatnam Branch is Hosting One Day Conference at Hotel Novotel. The Conference is organised by Committee for Capacity Building for Members in Practice, ICAI. The Conference will be inaugurated by Hon'ble President of ICAI CA Prafulla P Chhajed. The sessions are taken by eminent speakers. The detailed Brochure is given elsewhere in the newsletter. I request the members to register for the Conference in large Numbers and make it a grand Success. This time we have launched a online link to register for the Conference: https://www.sircoficai.org/sirc-announcements/508-one-day-conference-at-visakhapatnam-organised-by-ccbmp-and-hosted-by-visakhapatnam-branch Also on 21st and 22nd December 2019 National Conference for CA Students is being organised by Board of Studies and Hosted by Visakhapatnam Branch of SIRC of ICAI and For Private Circulation only website : www.icaivisakhapatnam.org
Visakhapatnam Branch of SICASA at Port Kalavani Auditorium, Akkayyapalem, Visakhapatnam. I along with Chairman SICASA Visakhapatnam Branch request the members to encourage CA Students to register for the Conference. This is unique opportunity for CA Students to participate in conference and benefit from the deliberations. The Conference will be inaugurated by Hon'ble President of ICAI CA Prafulla P Chhajed. The Board of Studies Chairman CA Kemisha Soni will address the CA students. Branch is Organising an Outreach Program on 03-12-2019 on Sabka Vishwas (Legacy Dispute Resolution Scheme). The seminar will be addressed by CA Sangu Rama Krishna and Officials from National Academy for Customs, Indirect Taxes and Narcotics (NACIN), Visakhapatnam. On 04-12-19 and 11-12-19 Branch is Organising Study Circle meeting on Accounting Standards by CA V S N Murthy and CA Anirban Pal respectively.
The Month of November 2019
On 02-11-2019 GST and Indirect Taxes Committee of ICAI has organised a full day seminar on GST. The Seminar was addressed by CA Vinay Gandhi, CA Jatin Christopher and CA Venugopal Gella. The sessions were well received by members.
On 09-11-2019 branch Organised a Full Day Seminar on International Taxation. The speakers were CA P V S S Prasad from Hyderabad and CA T Ramprasad from Visakhapatnam. The speakers spoke of the recent developments in International Taxation.
On 23-11-2019 A half day seminar on Block Chain Technology was organised. The Seminar was addressed by CA N S S H Bhaskar, Visakhapatnam. He explained in detail about the new technology and its impact in Audit Profession. I thank all the speakers for their useful deliberations.
51st Regional Conference:
I had opportunity to attend the 51st Regional Conference held in a grand way at Kochi. Hon'ble President inaugurated the conference. The Conference was attended by more than 2700 delegates. The topics were apt for the current professional scenario. ?
International Conference:
ICAI International Conference under the theme accounting profession Catalyzing reforms creating values on 6th and 7th December of 2019 at Mumbai. I request members to register for this conference and enrich knowledge.
With Ward Regards
CA. M. Chalapathy Rao
Chairman