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My Dear Pr<strong>of</strong>essional Colleagues,<br />

Writing this first missive to you in my capacity as<br />

Chairperson, <strong>of</strong> Vasai Branch <strong>of</strong> WIRC <strong>of</strong> ICAI, fills me<br />

with joy and happiness because I am addressing the<br />

fraternity <strong>of</strong> our very Reputed CA Pr<strong>of</strong>ession.<br />

First let me thank my committee Members for reposing the<br />

confidence and electing me as a chairperson <strong>of</strong> our esteem<br />

<strong>branch</strong>.<br />

I consider this Chairpersonship, as a prospect to act to the best <strong>of</strong><br />

my skills to contribute to the further growth <strong>of</strong> our most vibrant<br />

<strong>branch</strong> and achieve our desired vision. It was always a dream <strong>of</strong> all<br />

the past chairman <strong>of</strong> Vasai <strong>branch</strong> to make the <strong>branch</strong> flourish and<br />

climb as every term passed by. I too maintain the similar vision <strong>of</strong><br />

outstanding performance <strong>of</strong> our <strong>branch</strong>, and shall make every effort<br />

to accomplish it with my team members and all <strong>of</strong> you because I well<br />

understand that “coming together is a beginning, keeping together<br />

is process and working together is success.”<br />

At this outset I wholeheartedly congratulate and welcome the new<br />

visionary Leaders Hon’ble President <strong>of</strong> ICAI CA Jaydeep Shah & the<br />

Hon’ble Vice President CA Subodh Agrawal who is the torch<br />

bearers <strong>of</strong> our pr<strong>of</strong>ession and wishes them all a fruitful and a<br />

promising year ahead.<br />

I would also like to congratulate and welcome the newly elected<br />

<strong>of</strong>fice bearers <strong>of</strong> WIRC, CA Durgesh Kabra as Chairman, CA Jay<br />

Chhaira as Vice Chairman, CA Anil Bhandari as Secretary and<br />

CA Dinesh Gandhi as Treasurer and CA Shruti Shah as Chairperson<br />

<strong>of</strong> WICASA, from whom we can get guidance and support. I wish<br />

them a great year ahead.<br />

I congratulate WIRC Chairman CA Shriniwas Joshi and his crew for<br />

winning the Best Region & WICASA Chairman CA Neel Majithia and<br />

his team for the best WICASA award from the ICAI by keeping the<br />

winning precedent in continuation.<br />

I also congratulate our Vasai Branch Members and team eforts <strong>of</strong> all<br />

Committee Members under the leadership <strong>of</strong> CA Unmesh Narvekar,<br />

for achieving the Highly Commendable Performance Award 2011<br />

from WIRC in Large Category Branches.<br />

Vasai Branch <strong>of</strong> WICASA-Students Team has also done very well in<br />

last year, only because <strong>of</strong> that we achieved Highly Commendable<br />

Performance Award 2011 for student’s activity from WIRC in Small<br />

Category Branches. This is indeed one more momentous in the<br />

progress <strong>of</strong> our Branch.<br />

Norms has been relaxed regarding Bank Branch Audit allotment<br />

after the receipt <strong>of</strong> communication by RBI that Finally All Bank<br />

Branches having advances <strong>of</strong> Rupees six crores (instead <strong>of</strong> twenty<br />

crores) and above and one-third <strong>of</strong> the <strong>branch</strong>es below six crores <strong>of</strong><br />

advances will be audited.<br />

Likewise, every year even this year with the galaxy <strong>of</strong> speakers we<br />

have successfully completed the seminar on Bank Branch Audit on<br />

17th March, 2012.<br />

As we all know that 16th March, 2012 our Finance Minister has<br />

presented Budget 2012. To discuss about the impact <strong>of</strong> budget we<br />

have <strong>org</strong>anized Public Union Budget Meeting wherein more than<br />

200 people were part <strong>of</strong> this discussion. It is our proud privilege that<br />

on above occasion we felicitated CA Durgesh Kabra, Chairman,<br />

WIRC and his Team.<br />

Change in rule being part and parcel <strong>of</strong> everything and thus every<br />

FROM CHAIRPERSON’S DESK<br />

change <strong>of</strong>fer a new beginning. And also in our pr<strong>of</strong>ession there are<br />

so many changes going on, and this makes it necessary to keep<br />

ourselves update too, keeping this in our mind, we planned<br />

certification course on Indirect Tax which is twelve days course<br />

beneficial for all so request you to enroll at the earliest.<br />

In the Branch orientation <strong>org</strong>anized by WIRC on 3rd and 4th March,<br />

2012 we interacted with the various <strong>branch</strong> <strong>of</strong>fice bearers and<br />

exchanged some ideas and views regarding pr<strong>of</strong>essional<br />

development <strong>of</strong> our pr<strong>of</strong>ession. On the above occasion we also got<br />

an opportunity to personally forward our invitation to hon’ble<br />

President to visit our <strong>branch</strong>. We are delighted by his kindness for<br />

accepting our request and giving his consent.<br />

It’s my proud privilege to announce that we are going to felicitate<br />

our honorable President CA Jaydeep Shah on 7th April, 2012 on the<br />

occasion <strong>of</strong> lecture meeting on Revised Schedule VI and New<br />

Auditor Report. It’s my humble request to attend this programme by<br />

gracing the occasion and taking the opportunity to personally<br />

interact with President CA Jaydeep Shah.<br />

As a part <strong>of</strong> society and to fulfill our duty towards it we had <strong>org</strong>anise<br />

Mega Blood Donation and Eye check up Camp jointly with Lions<br />

Club <strong>of</strong> Kandivali Thakur Complex on 25th March, 2012 wherein 485<br />

donors has donated their blood and more than 650 people came for<br />

eye check up out <strong>of</strong> them 326 got free spectacles, donated by Lions<br />

Club. I present my hearty thanks to Lion CA Manak Daga for<br />

arranging this Successful Camp.<br />

As student is on our prime duty we can never f<strong>org</strong>et our future <strong>of</strong> the<br />

pr<strong>of</strong>ession. It is our paramount duty to <strong>org</strong>anize some programmes<br />

for the benefit <strong>of</strong> students also, in this direction we have started<br />

crash course for CA final students with more than 100 students. To<br />

give strength to our pr<strong>of</strong>ession we have planned student career fair<br />

a mega exhibition in which guidance will be given alongwith CA<br />

Career Counselling. Further we are starting coaching classes for<br />

CPT students from 2nd April, 2012. I request to all <strong>of</strong> you please<br />

communicate to your article and other students in your area.<br />

Our Branch is planning various seminars, lecture meetings in these<br />

coming months for the benefit <strong>of</strong> members the detail is available in<br />

forthcoming programme section in this <strong>newsletter</strong>.<br />

We look forward to you with similar attachment <strong>of</strong> support with Vasai<br />

Branch in future and always elicit your suggestion too.<br />

“IF EVERY ONE IS MOVING FORWARD TOGETHER, THEN<br />

SUCCESS TAKES CARE OF ITSELF”<br />

With warm<br />

Pr<strong>of</strong>essional Regards,<br />

CA. Shweta Jain<br />

Chairperson<br />

The Institute <strong>of</strong> Chartered Accountants <strong>of</strong> India Vasai Branch <strong>of</strong> WIRC Newsletter<br />

03<br />

March, 2012

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