1. Admission of New Members

Following are the new members who were admitted in the Managing Council Meeting held on January 6, 2006.

1. Life Members

1. Shri Kabra Durgesh S. CA
2. Shri Gala Premchand H. ITP

2. Ordinary Members

1. Shri Bodupali Arun B. ADV
2. Shri Tanna Himanshu A. CA
3. Shri Vora Hemanshu M. CA
4. Shri Advani Lalit Kumar CA
5. Shri Tiwari Akhilesh D. ADV
6. Shri Tank Kantilal N. CA
7. Shri Sharda Bipin M. CA
8. Shri Poddar Kishore Kumar CA
9. Shri Gujarathi Vipin K. CA
10. Shri Adhia Kishorkumar D. ITP
11. Shri Bagare Adithya V. ITP
12. Shri Dubey Prabhat Kumar ITP
13. Ms Parekh Rita R. CA
14. Shri Shaikh Majed M. ITP
15. Shri Bhagwat Samir S. CA
16. Shri Mulye Girish V. CA
17. Shri Burande Ramchandra D. ITP
18. Shri Dasija Rajesh G. CA
19. Shri Prajapati Umakant J. ITP
20. Shri Shah Ramchandra S. ITP
21. Shri Kadapa Vasant R. CA
22. Shri Jalihal Anil M. CA
23. Shri Sheth Milind S. CA
24. Shri Patel Cyrus A. ITP
25. Shri Parekh Rajesh J. CA

2. Past Events

1. Self Awareness Series Meeting
   Public and Media Relations Committee organised Self Awareness Series Meeting. The meeting was scheduled on December 14, 2005 where Dr. Jawahar Panjwani, Orthopaedic Surgeon, gave a talk on “My back is killing me”. The meeting evoked good response from the members. Dr. Panjwani’s presentation on backache and problems related to the spinal column was very professional and interesting. Members present took advantage of the question-answer session to get information on back related problems faced by them mainly due to the sedentary nature of work.
    
2. Lecture Meeting on “Securities Transaction Tax -– Accounting and Tax Issues"
   Direct Taxes Committee organised a Lecture Meeting on “Securities Transaction Tax - Accounting and Tax Issues” on December 15, 2005, where Shri Nayan Mehta, Vice-President, National Stock Exchange, gave key note address and Shri Bhavesh Vora, Chartered Accountant, addressed the participants. The lecture was very well attended and got enthusiastic response from the participants.
    
3. Lecture Meeting – Limited Liability Partnerships
   Education Committee jointly with Indirect Tax Committee organised a Lecture Meeting – 'Limited Liability Partnerships” on December 16, 2005, where Shri Girish Dave, Solicitor and Advocate, delivered a lecture on the above subject. The participants found the proceedings educative and very useful.
    
4. Indirect Taxes Meeting
   Indirect Taxes Committee organised a Study Circle Meeting which was held on December 21, 2005, where Shri T. Gunasekharan, Advocate, led the discussion on the subject “Cenvat Credit Rules”. The discussion was lively and informative.
    
5. Study Circle Meeting
   The Eighth Study Circle Meeting for the year 2005-06 was held on December 22, 2005, on the subject “Section 80-IB(10) of Income Tax 1961 - Some Issues”, where Shri Kishor B. Karia, Chartered Accountant, chaired the meeting and Shri Mahesh P. Sarda, Chartered Accountant, led the discussion. The meeting was very well attended.
    
6. Study Group Meeting
   The Tenth Study Group Meeting for the year 2005-06 was held on December 29, 2005, where Shri Rajan Vora, Chartered Accountant, led discussion on Recent Case Laws. The discussion was very lively
    
7. Lecture Meeting on “Amendments relating to Sec 80hhc and Implications thereof”
   Direct Taxes Committee organised a Lecture Meeting on “Amendments Relating to Section 80 HHC” on January 9, 2006, where Shri Rajan Vora, Chartered Accountant, addressed the participants. The lecture meeting got very good response with 240 participants. The Chamber was first to organise meeting on above amendments.

3. Future Events

1. Lecture Meeting on “Intricacies of Hindu Succession Act and the Recent Important Amendment”
   Allied Laws Committee has organised a Lecture Meeting on “Intricacies of Hindu Succession Act and the Recent Important Amendment” on Wednesday, January 18, 2006 at Babubhai Chinai Committee Room, 2nd Floor, IMC, Churchgate, Mumbai – 400 020, where Shri V. H Patil is Chairman and
   Shri Vipul Joshi is Speaker of this Meeting. Fees for the lecture Meeting is Rs. 50/- for members & Rs. 75/- for Non-Members. For further details, refer January 2006 issue of the CITC News.
    
2. Indirect Taxes Meeting
   Indirect Taxes Committee has organised a Study Circle Meeting on January 30, 2006, at SNDT Conference Hall, Ground Floor, New Marine Lines, Mumbai- 400 020 on the subject “Recent Notification, Case Laws & Updations on Service Tax, Excise & Customs Laws”.
    
3. Amita Memorial Lecture
   The members of the CITC are cordially invited to a Lecture Meeting under the auspices of the Amita Memorial Trust, jointly with BCAS to be held on Friday, February 3, 2006. For the further details, please refer January 2006 issue of CITC News.
    
4. “Friendship Cup – Day and Night Cricket Tournament”
   Public and Media Relations Committee, jointly with AIFTP (WZ), BCAS, STPAM, and WIRC of ICAI, has organised a Day and Night Cricket Tournament on Saturday, February 4, 2006 at Police Gymkhana Ground, Marine Drive, Mumbai - 400 002 between 9.00 a.m. and 11.00 p.m. For further details,
   please refer January 2006 issue of the CITC News.
    
5. 29th Residential Refresher Course
   Residential Refresher Course Committee has organised 29th Residential Refresher Course from February 15, 2006 to February 18, 2006 at Ramoji Film City, Hyderabad. The details of the Course are given at our website: www.citcindia.org as well as in the January 2006 issue of the CITC News.
    
6. Two Full Days Workshop on Drafting of Various Deeds and Documents
   The Allied Laws Committee jointly with Sales Tax Practitioners’ Association of Maharashtra (STPAM) has organised Two Full Days Workshop on “Drafting of various Deeds and Documents” on February 24, 2006 and February 25, 2006 at Hotel West End, New Marine Lines, Mumbai – 400 020. For further details, please refer January 2006 issue of the CITC News.
    
7. Full Day Seminar on “Assessment, Reassessment and Recovery Proceedings”
   Direct Taxes Committee has organised a Full Day Seminar on “Assessment, Reassessment and Recovery Proceedings” on Saturday, February 25, 2006 from 9.00 am to 5.30 pm at Hotel City Point, Dadar TT Circle, Dadar. Fees for the seminar is Rs. 600/- (inclusive of material, breakfast, lunch & snacks). Due to unavoidable reasons the seminar has been rescheduled from 28-1-2006 to 25-2-2006. For further details, please refer January 2006 issue of the CITC News.
    
8. Full Day Seminar on “Tax Deduction at Source/Tax Collection at Source”
   Education Committee has organised a Full Day Seminar on “Tax Deduction at Source/Tax Collection at Source” on Saturday, March 18, 2006 at M. C. Ghia Hall, Rampart Row, Kala Ghoda, Fort, Mumbai – 400 023.

4. PUBLICATIONS FOR SALE

Following books are available at Chamber’s Office for sale.

SR. NO.	NAME OF THE BOOKS	PRICE FOR MEMBERS	PRICE FOR OTHERS	COURIER  CHARGES LOCAL  MEMBERS	COURIER CHARGES OUTSTATION  MEMBERS
1	International Taxation – A compendium	550	650	75	150
2	Taxation of Expatriates (Monograph Series No. 5)	125	–	35	60
3	Amendments Relating to Sec. 80HHC & Implication thereof	25	30	6	15

Members are requested to send the D. D./Cheque in favour of “The Chamber of Income Tax Consultants” along with the courier charges. Outstation Members are requested to make payment by Demand Draft only.