Inclusion of Company Secretary in the Definition of Accountant under Income Tax Bill 2025 [Read Representation]

The Member of Parliament, Lok Sabha, Deepender Singh Hooda, has made a representation before the Chairman of Select Committee, Shri Baijayant Panda, to include the Company Secretary in the Definition of Accountant u/s 515(3)(b) of the Income Tax Bill 2025.

The representation read as follows:

I hereby bring to your kind attention a representation from CS Dinesh Vats (F9275) and CS Vikash Kumar Alok (F10699), members of the Institute of Company Secretaries of India (ICSI), regarding their recognition in the proposed Income Tax Bill, 2025. This matter holds significant importance for the professional community, particularly the Institute of Company Secretaries of India (ICSI).

Company Secretaries (CS) play a pivotal role in corporate governance, regulatory compliance, and taxation. Taxation is an integral part of their academic curriculum. Their expertise in corporate governance, management, taxation, and regulatory compliance makes them well-suited to contribute to the nation’s tax administration. This inclusion would not only reduce dependency on a single category of professionals but also align with the government’s objective of simplifying tax compliance while enhancing the availability of qualified professionals, particularly in Tier 2 and Tier 3 cities.

In light of the above, I kindly request your favourable consideration of the inclusion of company secretaries within the definition of “Accountant.” Thank you for your time and consideration.

For Official Representation Download PDF Given Below: