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FROM THE PRESIDENT

Dear Members,

From last seven months I have been talking to you through this page on issues relating to the professional Interest and various activities of the Chamber. This time I would like to divert myself and share with you philosophy of my favourite line.

"TOMORROW IS ANOTHER DAY"

By keeping this line in mind, it gives us hope in a whatever difficult situation we are. Tomorrow would bring perhaps a solution or may be simply another perception of the situation, we are in. We should remind ourselves that things always get better eventually.

Anything can change tomorrow, or even today, or even this moment. We simply have to keep the door open to the possibility of change – keep our mind and heart open to looking for a next step, a resolution of our dilemma. When we give up, or when we think it’s all hopeless, we stop looking for solutions and we stop being open to the miracles that the Universe can send our way.

There are many things that we see when we look around us – whether in our household, in our work situation, in the world – that are ‘far from perfect’. But, everything that exists today can be different tomorrow, or the day after that. The important thing for us to remember is that there is hope.

Nothing in our life, no matter how terrible it seems, is hopeless. Whether later today or tomorrow, we still will have opportunities to ‘make it better’. Whether we are dealing with relationships, work situations, or world crisis – it can all change. Nothing is ever always the same – things are in a constant process of change, and when we are setting our intentions properly, the change is towards the betterment of our life situation.

I believe if this line is kept in mind, it will work wonders in our life.

The Chamber along with BCAS and WIRC of ICAI was invited by Chief Commissioner of Income Tax Mumbai, to give suggestions on concept paper being prepared by Chief Commissioners regarding existing facilities given by the Department to small and medium tax-payers and their problems and expectations from the Department. Under the guidance of Shri Narayan Varma a detailed note was prepared and presented to Department.

Continuous efforts are being made to strengthen the relationship with members and also to develop new members. In this direction a get-together was organised on 8th April, 2005 for new members, so that they get acquainted with the activities of the Chamber and also to know their views and expectations from Chamber. The various suggestions given by them will be duly considered in due course.

VAT (Value Added Tax) legislation has been introduced from 1st April, 2005, though some states have opposed its implementation. To understand these new provisions we have organised a seminar on VAT on 30th April, 2005. The details of which will be sent to you shortly.

Three Chief Commissioners from Mumbai have been recently elevated to the position of member CBDT i.e. Mr. Shibaji Dash, Ms. M. H. Kherawala and Mr. Sudhakar Mishra. On behalf of Chamber I congratulate and convey my best wishes to them.

This special story gives draft of various Model Applications and Petitions which will be very useful to Tax Practitioners for their day-to-day practice. I acknowledge sincere efforts put by Journal Committee and all the learned authors for their contribution which will benefit our profession at large.

Permit me to share here Franklin D. Roosevelt views on Civilization.

If Civilization is to survive,

we must cultivate the science of human relationships,

the ability of all peoples,

of all kinds,

to live together,

in the same world at peace.

With regards

AJIT N. ROHIRA

President

04/18/2005

 

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