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Turn.ransform.ranscend.

65th Annual Report 2015-16

1st Floor, C. U. Shah Chambers, Near Gujarat Vidhyapith, Ashram Road, Ahmedabad - 380 014.Phone: 79 27544232 E-mail : [email protected] Website : www.caa-ahm.org

Office Bearers

CA. YAMAL A. VYASPRESIDENT

CA. RAJU C. SHAHVICE PRESIDENT

CA. NIRAV R. CHOKSI HON. SECRETARY

CA. DILIP U. JODHANIHON. SECRETARY

Executive Committee Members

CA. ATUL R. SHAH CA. BHUPENDRA M. SHAH

CA. DEVANG A. DOCTOR

CA. JAINIK N. VAKIL CA. KUNAL A. SHAH

CA. MUKESH O. PARIKH

CA. SHRENIK A. SHAH

CA. PURUSHOTTAMLAL H. KHANDELWAL

CA. RUTVIJ P. SHAH

CA. SHAILESH C. SHAH

IMM. PAST PRESIDENT

Co-opted Members

CA. AJIT C. SHAH CA. DURGESH V. BUCH

CA. BINPINCHANDRA M. SHAH

Kashiparekh & AssociatesChartered Accountants

Ahmedabad

Auditors

1

65 ANNUAL REPORT, 2015-16th

NOTICE

Notice is hereby given that of the members of the Association will be held on Saturday, at ICAI Bhavan”, Ahmedabad Branch of WIRC of ICAI, 123, Sardar Patel Colony, Naranpura,

65 Annual General Meet ing 7May 2016 at 5.30 P.M. “

th th

Ahmedabad – 380014 to transact the following business :

1. To read and approve the minutes of 64 Annual General Meeting.th

2. To distribute Awards to meritorious students and awards for best articles in Ahmedabad Chartered AccountantsJournal for the year 2015 – 2016.

3. To receive, consider and adopt the report of the Executive Committee, the Audited Accounts for the year ended on31 March, 2016 and Auditor’s report thereon.st

4. To elect President, Vice President & Two Honorary Secretaries and Nine Members of Executive Committee for theYear 2016 – 2017.

5. To appoint the Auditors for the year 2016 -2017.

6. To transact any other business with the permission of Chair.

sd/-CA. Nirav R. Choks i

CA. Dil ip U. JodhaniPlace : AhmedabadDate : 7 April, 2016th Hon. Secretaries

The Meeting wil l be followed by Dinner

2

CHARTERED ACCOUNTANTS ASSOCIATION, AHMEDABAD

ANNUAL REPORT

Dear Member,

We are pleased to present the 65 Annual Report and Audited Accounts of Chartered Accountants Association, Ahmedabadth

for the year ended on 31 March, 2016.st

1. EXECUTIVE COMMITTEE:

64 Annual General Meeting of the Association was held on 2 May, 2015 wherein four office bearers and nineth nd

Executive Committee members were declared elected unanimously. Immediate Past President, CA. Shailesh C.Shah was the ex-officio member of the Committee. CA. Ajit C. Shah, CA. Durgesh V. Buch and CA. Bipin M Shahwere co-opted on the Executive Committee at the first executive committee meeting. We express our gratitude toImmediate Past President and co-opted members for their valuable suggestions and contribution throughout theyear. During the year seven meetings of the Executive Committee were held. The details of attendance of themembers are given in Annexure I.

2. YEAR IN RETROSPECT:

As the year started we worked on the slogan to guide our team throughout the year. After long deliberations, wearrived at a consensus on TURN, TRANSFORM, TRANSCEND. The slogan has been our guiding star throughout theyear. The thought behind the slogan was that the Indian economy in general and our Profession in particular arepassing through a transition which was not clear a few years back.

The changes that are taking place are long term in nature and we as prominent economic professionals should beready, not only to adopt change but to lead it. And for that we need to take a turn from the straight road that we havebeen travelling on. And during the year our team has been on the job to transform the Association from a staid,demure organisation to a more vibrant and dynamic body, capable of leading the change that is upon us, andtransform the environment in which we operate to make it more member friendly.

3. EDUCATIONAL AND OTHER PROGRAMMES:

a) Journal:

The Journal of the Association is its prime asset that not just allows communication with the members but alsomakes available all latest developments concerning profession on the desk of every member. The JournalCommittee laid much emphasis on improving the quality and contents of the Journal apart from its timelypublication and delivery to the members. Columns on Service Tax, VAT and International Taxation were importantparts of the journal during the year. The columns like MananaM and Crossword Contest generated a lot ofinterest of the members apart from enhancing the quality of the Journal. We have requested all the members toopt for E Copy of the Journal to save on paper and printing cost. Many members have accepted the initiative andwe appreciate their contribution towards the environment and the Association. The journal is also regularlyuploaded on the website for easy and anytime availability.

b) Residential Refresher Course:

42 Residential Refresher Course was held at Devigarh by Lebua, Udaipur which is a heritage property. The RRCnd

was held from 1 August, 2015 to 4 August, 2015. This year, 44 members and 34 spouses of the membersst th

attended the Course. To encourage young member’s participation for RRC, this year children of members werealso allowed to join RRC. 14 Children of members were also present at the event. The Residential RefresherCourse Committee had put its best efforts to ensure a beautiful combination of intense study and recreation atthe RRC.

In addition to the above RRC, 2 International Residential Refresher Course was also held at Bali, Indonesiand

from 15 December to 22 December 2015. There was a participation of 40 members and their family members.th nd

The participants had a wonderful learning and recreation time at the RRC.

c) Intens ive Study Courses in a Class Room Style Learning

3


The Association organised one Intensive Study Course for its young members. The course was designed in amanner that the young members are educated and groomed in all the areas of Professional Practice. An interactivesession with CA C.R Sharedalal and CA Sunil H Talati was also made a part of this Study Course. In thissession the young members had an interactive discussion with the two legends of the Profession.

d) Publication

During the year, the Publication Committee brought out two publications. The first in the order was “Basics ofIncome tax Act for Doctors” which was published in the month of September. We were successful in sellingmore than 30,000 copies of this Publication.

The second Publication was “A Handbook on Search, Seizure & Settlement”, which was published in the monthof December.

Both the publications were distributed free of cost to all the members of the Association.

e) Budget Meeting

Two Budget Meetings were organized during this year. The first was organized jointly with Ahmedabad Branch ofWIRC of ICAI and AGFTC on 2 March 2016 with Dr. Girish Ahuja and CA Ashok Batra as speakers. Thend

second meeting was held on 4 March, 2016, Senior Advocate Shri Saurabh N. Soparkar explained the technicalth

aspects of the Finance Bill 2016.

f) Information and Technology

The Information and Technology committee had been very active. All the Journals and information with regard toevery event, notifications and latest judgments were regularly posted on the website of the Association.

Social networking sites like facebook and twitter are more prevalent amongst the young brigade of CharteredAccountants and students. All the activities of the Association are regularly posted on the page and that hasdefinitely attracted new members adding to the membership strength.

g) Entertainment Events

Jashn E Qawall i

An entertainment programme called Jashn E Qawalli was organized on 18 August, 2015, which was enjoyed byth

all the members present at the venue. We had an active participation of more than 600 members for this event.

h) Diwali Get Together:

Diwali Get together cum dinner was arranged on 19 November, 2015 at Rajwadu, Near Jivraj Tolnaka, Malavth

Talav, Ahmedabad. 421 persons including members and their family members attended the get together. Overthe years, Diwali Get Together has been a fine medium for fellowship and to exchange New Year Greet ingsamongst the fraternity of Chartered Accountants. To continue the patronage of our members, all the memberswho attended the get together were given a souvenir which was well appreciated by all the members.

i ) Cr icket Matches & Tournament

The Association has always encouraged sports. During the year, four matches were played by the Association.Due to increased participation by all members, instead of the regular one cricket match between President XI v/s Secretary XI, this year we played two cricket matches, President XI v/s Secretary XI and Vice President XI V/s Secretary XI. The third match was played against Baroda Branch of WIRC of ICAI and the fourth match wasplayed with The Gujarat Sales Tax Bar Association. The team of the Association was victorious in both thematches.

In continuation with last year, a tennis ball tournament was also organized this year on 30 January, 2016. Theth

T-10 Tennis Ball Cricket Tournament gave the opportunity where senior members participated with young members.The tournament was a fun filled event nicely worked out by the Sports Committee.

4


j) Subcommittees’ Programmes:

Different programmes on contemporary topics were organized during the year by Study Circle cum Brain TrustCommittee of the Association. During the year six programmes were held during the year. Details of all theprogrammes are given in .Annexure II and Annexure III

k) Representations:

During the year, the Legal and Representation Committee proactively took the matters concerning members andtax payers at large and made various representations at different platforms as detailed hereunder:

- Representation to Hon. Finance Minister, CBDT Chairman and Director General of Income tax (Systems)with respect to Delay in notification of ITR Forms for the AY 2015-2016 and request for early release ofscheme and forms on 30 June 2015.th

- Representation to Hon. Finance Minister & CBDT Chairman for extension of due date for filing of return ofincome tax for AY 2015-2016 due to delay in notification of ITR forms & release of schema on e-filing on 12August, 2015.

th

- Representation for non initiation of Penalty U/s. 272A(1)(c) due to rally & curfew in Gujarat to Pr. ChiefCommissioner of Income tax, Gujarat on 27 August, 2015th

- Representation to Hon. Finance Minister & CBDT Chairman for extension of due date for filing of return ofincome tax and tax audit report for AY 2015-2016 due to widespread violence and curfew in the state ofGujarat on 28 August, 2015th

- Representation to Law Minister, Govt. of Gujarat for issues relating to administration of Gujarat Public TrustAct 1950 & Societies Registration Act.

- Pre-budget memorandum sent to Chairman CBDT and Finance Minister for budget presented on 29.02.2016

- Representation to Principal CCIT (CCA), Ahmedabad for displaying the timings & services of Aayakar SevaKendra (ASK) in public domain on the website of Income tax Department as well as at front desk of variousASK counters.

4 FINANCE AND ACCOUNTS:

During the financial year there was a surplus of income over expenditure of Rs. 7.01 Lacs after providing depreciationof Rs. 0.26 Lac. Surplus has been made possible due to constant watch, control over expenses by all the officebearers of the Association.

The Executive Committee has recommended appropriations of the surplus of Income over Expenditure for the year2015-16 as under:-

Particulars Financial Year Financial Year2015-16 2014-15

( In Lacs)` ( In Lacs)`

Surplus before Depreciation 7.27 6.87

DepreciationLess: 0.26 0.24

Surplus available for Appropriat ion: 7.01 6.63

Meritorious Student Membership Fund 3.00 -

Past President C F Patel Memorial Lecture Fund 3.00 -

Study Circle Fund - 3.00

Brain Trust Fund - 3.50

Balance carried to Balance Sheet 1.01 0.13

TOTAL 7.01 6.63

5


5 MEMBERSHIP:

Membership Committee had put an aggressive effort to enroll new members. During the year, 60 new members wereenrolled, (35 ordinary and 25 life members), out of which 17 members have opted for membership of Mutual BenefitScheme. Further, 26 ordinary members became life members. The names of 24 members were deleted on accountof non payment of annual fees, 10 members were cancelled on account of death of the member and 2 were cancelledon request. At the year end, the total strength of members was 1413. (705 ordinary members and 708 life members)

6 PAYMENTS UNDER MUTUAL BENEFIT SCHEME:

Following amounts were paid to the family of deceased members of Mutual Benefit Scheme:

Sr. Name of the deceased member Amount paid in Amount paid inNo. FY 2015-2016 ( )` FY 2014-2015 ( )`

1 CA. Kantilal M. Shah 277600/-82400/-

2 CA. Jigar Doshi 2,700/-4800/-

3 CA. C. F. Patel 200/-1200/-

4 CA. Aniruddh Parikh 3,800/-11800/-

5 CA. Bharat J. Patel 200/-800/-

6 CA. Jagdish M. Trivedi -397400/-

7 CA. Kamal C. Mehta -393400/-

8 CA. Rajnikant K. Chokshi -352802/-

9 CA. Nitin K. Shah -353200/-

10 CA. Thakorbhai B. Shah -348000/-

7 ACKNOWLEDGEMENTS:

The Executive Committee expresses sincere gratitude and takes on record the support, guidance and overwhelmingresponse received from all the members in various programmes during the year. The Committee also places onrecord and marks special thanks to the following:

- Past presidents and senior members of the Association for their guidance, advice, support and active participationin various programmes conducted during the year.

- Chairmen, Convenors and members of all sub-committees for arranging various successful programmes ofAssociation.

- Coordinator and panel Members of Knowledge Clinic for replying the queries of the members.

- Chairmen of Technical Sessions, Paper Writers, Speakers and Group Leaders at Residential Refresher Course,Study Circle Meetings, Brain Trust Meetings, Professional Development Programmes, Seminars and Lectures.

- President and Office bearers of other Professional Associations of Ahmedabad for their support and cooperationin organizing various programmes. Our special thanks to Chairman, office bearers and committee members ofAhmedabad Branch of WIRC of ICAI for their support and co-operation in providing premises for variousprogrammes during the year and also for organizing various programmes jointly.

- All the Authors of Publication namely “Basics of Income tax Act for Doctors”. A special thanks to ZydusHealthcare for extending their support in publishing this book.

- All the Authors of Publication namely “A Handbook of Search, Survey & Seizures” and G K Choksi & Co,Chartered Accountants.

- Advertisers of Ahmedabad Chartered Accountants Journal and Publications.

6


- Sponsors of Prizes for ACAJ crossword contest.

- Sponsors of Entertainment events.

- M/s. Manubhai & Shah, M/s. Talati & Talati, M/s. R. S. Patel & Co. and M/s. Khandwala & Khandwala forsponsoring 2 T-10 Tennis ball Cricket Tournament.nd

- All columnist and contributors of Articles in Ahmedabad Chartered Accountants Journal.

- Pratiksha Printer for timely publication of journal and publications.

- CA. Mukesh M Khandwala and CA. Chandrakant H. Pamnani for acting as the scrutinizers of nomination forms.

- CA. Shrenik A Shah, CA. Dilip U Jodhani and CA. Dilip P Shah for rendering their services as Judges foradjudicating the Best Article in the categories of Direct Taxes, Indirect taxes, Company Law and Allied Laws.

- M/s Kashiparekh & Associates, Chartered Accountants, Honorary Auditors of the Association and Mutual BenefitScheme.

- CA. Anil N. Shah, Past President of Association, for rendering his honorary services relating to Income Tax Actand Bombay Public Trust Act.

- CA. Punit Prajapati for rendering his honorary services relating to Service Tax Act.

- Management of Rajwadu for Diwali Get Together.

- Yoga guru Nirav Gajjar for providing honorary services for the Yoga Session organized by the Association.

- Baroda Branch of WIRC of ICAI for hosting the cricket match between their team and Association’s team.

- Shri Rajesh Ravani for his honorary services at various programmes of the Association.

- All members of Tea Club for their guidance and support.

- All members and persons who have helped directly or indirectly in the activities of the Associat ion.

- All staff members of the Association who have put their sincere efforts for various programmes and activitiesduring the year.

For and on behalf of Execut ive Committeesd/-

CA. Yamal A. VyasPLACE : AhmedabadDATE : 7 April 2016th President

7


ANNEXURE - I

ATTENDANCE OF THE EXECUTIVE COMMITTEE MEMBERS

Sr. No. of Meetings Out of totalNo. Name of the Member Designation Attended Meetings

1 CA. YAMAL ASHWINBHAI VYAS PRESIDENT 7 72 CA. RAJU CHANDRAKANT SHAH VICE PRESIDENT 7 73 CA. NIRAV RAMESHBHAI CHOKSI HON. SECRETARY 7 74 CA. DILIP UMASHANKER JODHANI HON. SECRETARY 7 75 CA. ATUL RAMENDRALAL SHAH E. C. MEMBER 7 76 CA. BHUPENDRA MANGALDAS SHAH E. C. MEMBER 5 77 CA. DEVANG ANILKUMAR DOCTOR E. C. MEMBER 4 78 CA. JAINIK NAUTAM VAKIL E. C. MEMBER 5 79 CA. KUNAL ASHWINBHAI SHAH E. C. MEMBER 6 710 CA. MUKESH OCHHAVLAL PARIKH E. C. MEMBER 7 711 CA. SHRENIK ASHOKBHAI SHAH E. C. MEMBER 6 712 CA. PURUSHOTTAMLAL H. KHANDELWAL E. C. MEMBER 5 713 CA. RUTVIJ PANKAJKUMAR SHAH E. C. MEMBER 7 714 CA. SHAILESH CHANDRAKANT SHAH IMM. PAST PRESIDENT 7 715 CA. AJIT C. SHAH CO-OPTED MEMBER 6 616 CA. DURGESH V. BUCH CO-OPTED MEMBER 2 617 CA. BINPINCHANDRA M. SHAH CO-OPTED MEMBER 4 6

ANNEXURE - IICONTINUING EDUCATIONAL PROGRAMMES / ACTIVITIES DURING THE YEAR 2015-16

Date/Day Time Programmes Speaker Venue Attendance

5-6-2015 05.00 p.m. to 1st Study Circle meeting on CA. Sanket Nanavaty ATMA Hall, 17508.00 p.m. “Recent Changes to Companies Act CA. Niren M. Nagri Opp. Old Reserve Bank of India,

and Audit Reporting Requirements.” CA. Kaushik C. Patel Ashram Road, Ahmedabad

11-07-2015 08.00 a.m.to Full Day Seminar National Tax Various Speakers J. B. Auditorium, AMAto 05.45 p.m. Convention Jointly with AIFTO,

12-07-2015 AGFTC, IT Bar, A’bad Branchof WIRC of ICAI,

Gujarat Sales Tax Bar,Tax Advocate Association,

Gujarat

13-07-2015 04.30 p.m. to Lecture Series ( LS) CA. C. R. Sharedalal, 1st Floor, C. U. Shah Chambers, 2807.00 p.m. Exelling in Professional CA. Sunil H. Talati Near Gujarat Vidhyapith,

Ashram Road, Ahmedabad

15-07-2015 04.30 p.m. to Lecture Series CA. Saumya Sheth 1st Floor, C. U. Shah Chambers, 1407.00 p.m. Art of Business Development Near Gujarat Vidhyapith,


20-07-2015 04.30 p.m. to Lecture Series CA. Shivang Chokshi 1st Floor, C. U. Shah Chambers, 1007.00 p.m. Income Tax assessment Near Gujarat Vidhyapith,


22-07-2015 04.30 p.m. to Lecture Series Company CA. Vikash Jain 1st Floor, C. U. Shah Chambers, 1007.00 p.m. Incorporation & Annual Compliances Near Gujarat Vidhyapith,


8


Date/Day Time Programmes Speaker Venue Attendance

24-07-2015 05.00 p.m. Jointly with Computer Society of Dr. Paritosh Basu Bhaikaka Bhawan, 250India “IT and Business Information Near Law Garden,

in India 2020- AhmedabadChallenges and Innovations”

30-07-2015 05.00 p.m. to The Black Money CA. Jayesh C. Sharedalal ATMA Hall, 5007.00 p.m. (Undisclosed Foreign Income Opp. Old Reserve Bank of India,

and Assests) and Imposition of Ashram Road, AhmedabadTax Act, 2015

01-08-2015 42nd Residential Refresher Course CA. Sunil Talati Devigarh by Lebua, Udaipur, 78CA. Mukesh Khandwala

CA. Rajni ShahCA. Jignesh Shah

CA. Vikash Jain

21-10-2015 05.30 p.m Study Circle Meeting CA. Rahul Patel ATMA Hall, 26“Technical Aspects on Service Tax Opp. Old Reserve Bank of India,

Returns & Related Procedures” Ashram Road, Ahmedabad

15-12-2015 International Study Tour to Bali CA. Sunil Talati Bali, Indonesia 40to CA. Anand Sharma

22-12-2015 CA. Jaykin Shah

09-01-2016 05.30 p.m. Brain Trust cum Study Circle CA. Kaushik C. Patel ATMA Hall, 40Committee- Opp. Old Reserve Bank of India,

“Internal Financial Controls” Ashram Road, Ahmedabad

13-02-2016 9.30 a.m. Companies Act 2013 – CS. Niraj Trivedi, Shantinath Hall, 92Important Provision Vadodara ICAI Bhawan,

CS. M. C. Gupta Naranpura, AhmedabadAhmedabad

02-03-2016 03.30 p.m. Budget Meeting on Dr. Girish Ahuja Town Hall, 1000“Technical Analysis of the CA. Ashok Batra Ellisbridge, Ashram Road,

Finance Bill, 2016 - AhmedabadDirect Tax & Indirect Tax”

04-03-2016 05.00 p.m. Budget Meeting on Shri Saurabh N. Soparkar, Rajpath Club 3000“Technical Analysis of the Senior Advocate S. G. Highway, Ahmedabad

Finance Bill, 2016”

9


ANNEXURE - IIIOTHER PROGRAMMES / ACTIVITIES DURING THE YEAR 2015-2016

Date/Day Time Program mes Venue Attendance

18-08-2015 08.00 p.m. Jashn -E- Qawwali Tagore Hall, Paldi, Ahmedabad 600

19-11-2015 07.00 p.m. To Diwali Get Together Rajwadu, Near Jivraj Tolnaka. 42109.00 p.m. Behid Ambaji Mandir, Malav Talav,

Jivraj Park, Ahmedabad

18-12-2015 to 07.00 p.m. To Joint Musical Pragramme “Abhinaad” with H. L. College Plaza, Navrangpura,20-12-2015 09.00 p.m. H L Alumini Association Ahmedabad

02-01-2016 08.30 a. m. Cricket Match Sardar Patel Stadium, 46President XI v/s Secretary XI Navrangpura,

Vice President XI v/s Secretary XI Ahmedabad

24-01-2016 08.30 a.m. Cricket Match Baroda 15C. A. Association v/s

Baroda Branch of WIRC of ICAI

30-01-2015 08.00 a.m. 2 T-10 Tennis Ball Cricket Tournamentnd Sheth C. N. Vidyavihar ,Cricket Ground, 50Ambawadi, Ahmedabad

27-02-2016 8.30 a.m. Cricket Match C. A. Association v/s Sardar Patel Stadium, 15The Gujarat Sales Tax Bar Association Navrangpura, Ahmedabad

Every 04.00 p.m. Healing Through Yoga 1st Floor, C. U. Shah Chambers, 12Thursday of to Near Gujarat Vidhyapith,

January, 06.00 pm Ashram Road, AhmedabadFebruary

March 2016

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VARIOUS SUB-COMMITTEES 2015-16

CA. Uday Shah CA. Manthan Khokhani

JOURNAL

CA. Ashok C. Kataria CA. Pitamber S. Jagyasi

RESIDENTAL REFRESHER COURSE

CA. Aniket Talati CA. Anand Sharma

PUBLICATION

CA. Rajni M. Shah CA. Jignesh Shah

BRAIN TRUST CUM STUDY CIRCLE

CA. Ganesh Nadar CA. Rakesh Gupta

ENTERTAINMENT

CA. Nesal Shah CA. Amar Gandhi

CA. S. K. Sadhwani CA. Ajit C. Shah

INFORMATION TECHNOLOGY

CA. Kandarp Trivedi CA. Abhishek Jain

LEGAL AND REPRESENTATION

11

SPECIAL EVENTS COMMITTEE

CA. Devang Doctor CA. Aniket Talati

SPORTS

CA. Chintan Doshi CA. Abhishek Jain

CONSTITUTION AMMENDMENT

CA. Mukesh M. Khandwala CA. Gaurang M. Choksi

MEMBERSHIP DEVELOPMENT

CA. P. H. Khandelwal CA. Dinesh R. Garg

FORUM OF PAST PRESIDENTS

CA. Ashwin H. Shah CA. Chandrakant H. Pamnani


12


AUDITORS' REPORT

To The Members,Chartered Accountants Association, Ahmedabad

We have audited the annexed Balance Sheet as at 31 March 2016 and Income & Expenditure Account for the year endedst

on that date of CHARTERED ACCOUNTANTS ASSOCIATION, AHMEDABAD – Registration NO.F/6950/ AHMEDABADwith the Books of Account and vouchers relating thereto. These financial statements are the responsibility of the Association’smanagement. Our responsibility is to express an opinion on these financial statements based on our audit.

We have conducted our audit in accordance with auditing standards generally accepted in India. Those standards requirethat we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free ofmaterial misstatement. An audit includes examining on a test basis, evidence supporting the amounts and disclosures inthe financial statements. An audit also includes assessing the accounting principles used and significant estimates madeby management as well as by evaluating the overall financial presentation. We believe that our audit provides a reasonablebasis of our opinion. Further to our comments we report that:

1. The accounts are maintained regularly and in accordance with the provisions of the Act and the Rules;

2. Receipts and disbursements are properly and correctly shown in the accounts;

3. The Cash balance and vouchers are in the custody of the Manager on the date of the audit and are in agreement withaccounts;

4. All Books, Deeds, Accounts, Vouchers and Other Documents and records required by us were Produced before us;

5. All the necessary information required by us has been furnished to us by Hon. Secretaries, whenever called upon;

6. No property or funds of the Association were applied for any objects or purpose other than the objects or purpose ofthe Trust;

7. There are no amounts which are outstanding for more than one year;

8. No tenders were invited for repairs or construction as no repairs or construction involving expenditure exceeding Rs.5000/- was carried out during the year;

9. The Association has not invested its fund contrary to the provisions of section 35 of the Bombay Public Trust Act,1950;

10. The Association does not own any immovable property; hence the question of alienation thereof contrary to theprovisions of Section 36 of the Bombay Public Trust Act, 1950 does not arise;

11. We further report that the accounts are maintained on cash basis, subject to note no. A(1) & A(2) of Schedule J.

FRN No. 104900W

For, Kashiparekh & AssociatesChartered Accountants

Sd/-Place : AhmedabadDated

CA. Aashish H. Kashiparekh: 7 April 2016th Partner

M.No. 44857

13


BALANCE SHEET AS AT 31 MARCH 2016ST

As at31 March, 2016

As at31 March, 2015st st

Particulars Schedule Amount ( ) Amount ( )

SOURCES OF FUNDS :

`

Trust Fund / CorpusBalance as per last Balance Sheet 3,550,584 3,857,084Add : Life Membership Fees 262,500 382,500Entrance Fees 44,000

3,857,084

30,000

4,269,584Earmarked Funds A 1,186,065 1,210,069Other Funds B 9,529,255

Subscription / Fees in Advance

10,112,032

Liabili ties C 5,600

Balance as per last Balance Sheet

5,250

Income and Expenditure Account 738,120 751,185

Add : Surplus transferred from Income & Expenditure Account 13,065751,185

101,555

852,740Total : 16,449,675

APPLICATION OF FUNDS :

15,329,189

Fixed Assets D 183,973 152,365Investments E 1,000,000

F

1,000,000

Current Assets, Loans and AdvancesAdvances to Others 89,230128,741Cash and Bank Balances 14,055,986

14,145,21615,168,56915,297,310

Total : 16,449,675 15,329,189

Notes forming part of accounts J

The above balance sheet to the best of our beliefcontains a true account of the Funds and Liabilitiesand of the Property and Assets of the trust.

As per our report of even date attached

FRN 104900W

For, Kashiparekh & Assoc iates

Sd/-

Chartered Accountants

CA. Aashish H. KashiparekhPartnerM. No. 44857

Place : AhmedabadDate : 7 April 2016th

President Sd/- CA. Yamal A. Vyas

Sd/-Vice President CA. Raju C. Shah

Sd/-Hon. Secretary CA. Nirav R. Choks i

Sd/-Hon. Secretary CA. Dilip U. Jodhan i


14


INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED ON 31 MARCH 2016ST

For the yearended on 31

For the yearon ended 31

Particularsst st

Schedule March, 2015Amount ( )

Subscription (Membership Fees) 512,960

March, 2016Amount ( )

INCOME :474,831

`

Interest Income (Net of Allocation to Activities)Interest on Fixed Deposits 852,709842,358Interest on Savings Bank Account 12,510 26,347Interest on 8% GOI Bonds 80,000

945,219

Journal and Other Publications

80,000

948,705

Receipts from Educational Act ivities G 1,065,4521,933,830

Seminars and Cultural Activities H 653,6341,719,086

349,2842,283,114

Infrastructure Fund Utilisation 35,129 17,223(Refer Note A 5 (c) of Schedule J)Miscellaneous Income 400 1,644

Total : 3,725,517

EXPENDITURE ON OBJECTS OF TRUST

3,212,794

Journal and Other Publications G 743,084 1,405,929Seminars and Cultural Activities H 924,002

1,667,086744,949

2,150,878Establishment Expenses I 823,468 829,976Depreciation on Movable Assets D 59,175 43,108

Total : 3,023,962

Surplus for the year

2,549,729

701,555

Less: Transfer to Reserves or Spec if ic Funds-

663,065

Brain Trust Meeting Fund 350,000Meritorious Students Membership Fund -300,000Past President C.F.PATEL Memorial Lecture FundStudy Circle Fund 300,000

300,000 -

Surplus Carried over to Balance Sheet 101,555701,555

Notes forming par t of accounts

13,065663,065

J


FRN 104900W


Sd/-









15


SCHEDULES A TO J ATTACHED TO AND FORMING PART OFACCOUNTS FOR THE YEAR ENDED ON 31.03.2016

SCHEDULE - A : EARMARKED FUNDSBalance Amt. Interest Medal

as at Balance

received earned Expenses/Sr.

as atParticulars 01.04.2015 during the Adj.

No.31.03.2016

year/Adj.` ` ` `

(I) Earmarked Funds - Medals,Trophies & Cash Prizes

1 Akshay Trivedi Memorial Fund 5,000 - 400 4002

5,000A. M. Gang Memorial Fund 6,017 - 481 481

36,017

A. M. Thaker Memorial Fund 22,652 - 1,812 13464

23,118B. S. Soni Memorial Fund 6,199 - 496 496

56,199

Champaben Chandulal Memorial Fund 12,454 - 996 8406

12,610Chandulal M. Shah Memorial Fund 12,379 - 990 990

712,379

Dhirubhai B. Shah Memorial Fund 11,881 - 950 9508

11,881Dwarkadas B. Shah Memorial Fund 19,192 - 1,535 839

919,888

Gatorbhai Shiva Pharma Fund 11,132 - 891 84010

11,183Hasmukhbhai J. Patel (Bidiwala) 11,468 - 917 917

1111,468

H. V. Vasa Memorial Fund 14,306 - 1,145 114512

14,306Jagrutiben K. Shah Memorial Fund 16,490 - 1,319 1319

1316,490

Kantilal V. Patel Memorial Fund 73,405 - 5,872 345314

75,824Madhuben Prafulbhai Trivedi Fund 16,638 - 1,331 1131

1516,838

Mansukhbhai J. Shah Fund 27,512 - 2,201 134616

28,367U. R. Shah Memorial Fund 13,272 - 1,062 840

1713,494

VNS & BNS Social Welfare Trust Fund 36,823 - 2,946 294618

36,823V. R. Shah Memorial Fund 27,814 - 2,225 2225

1927,814

K. T. Thakore Memorial Fund 24,476 - 1,958 1,95820

24,476Avinash J. Budhdev MemorialCA Student Fund 385,962 - 30,877 22,000

21394,839

Mansukhlal S. Shah Memorial Fund 34,673 - 2,774 1,34622

36,101Rameshchandra S. Shah Memorial Fund 61,946 - 4,956 1,346

2365,556

Lalita Khanchand Tekwani Memorial Fund 32,951 - 2,636 1,34624

34,241Chandrakant F. Patel Memorial Fund 63,493 - 5,080 1,346 67,227

Total (I) 948,135 - 75,850 51,846 972,139

(II) Earmarked Funds - Others1 B. S. Soni Endowment Fund 100,000 - 8,000 8,0002

100,000Past Presidents Education Fund 137,930 - 11,034 11,034 137,930

Total (II) 237,930 - 19,034 19,034 237,930

Grand Total (I) + (II) 1,186,065 - 94,884 70,880 1,210,069

Previous Year 1,148,486 - 103,364 65,785 1,186,065

16


SCHEDULE - B : OTHER FUNDSBalance Transfer Usage/

Sr.Balance as at

as at from / to AdjustmentsNo. Particulars

31.03.2016 01.04.2015 Additions I & E A/c.

` ` ` ` `

1 Journal Fund 2,600,000 - - -2

2,600,000Library Fund 225,000 - - -

3225,000

Infrastructure Fund 5,228,255 - - 17,2234

5,211,032Shri K. T. Thakore Memorial Fund 301,000 - - -

5301,000

Study Circle Fund 500,000 - - -6

500,000Education Fund 325,000 - - -(For Academic Activities)

325,000

7 Brain Trust Meeting Fund 350,000 - - -8

350,000Meritorious StudentsMembership Fund - - 300,000 -

9300,000

Past President C.F.PATEL - - 300,000 -Memorial Lecture Fund

300,000

Total 9,529,255 - 600,000 17,223 10,112,032

Previous Year 8,914,384 - 650,000 35,129 9,529,255

SCHEDULE - C : SUBSCRIPTION / FEES IN ADVANCEParticulars 31 March 2016

Amount ( )

st 31 March 2015Amount ( )

st

`

Advance Brain Trust Fees 1,5001,500Advance Membership Fees 3,7003,750Advance Journal Subscriptions 400-Total 5,250

SCHEDULE - D : FIXED ASSETS

Balance

5,600

BalanceSr. Name of the Assets as at Additions/ Sales/ Depreciation/No.

as at01.04.2015 Adjustments Adjustments Amortisation

( )31.03.2016

` ( )` ( )` ( )

1

` ( )

Library Books 9,510 - - 1,9022

7,608Furniture and Fixtures 25,476 - - 2,548

322,928

Air Conditioner 59,702 - - 8,9554

50,747LCD Projector 12,721 - - 1,908

510,813

Computer & Printer (New) 2,192 11,500 - 8,2156

5,477Television 31,277 - - 4,692

726,585

Refrigerator 7,370 - - 1,1068

6,264Telephone Instruments 1,272 - - 191

91,081

Oven 3,558 - - 53410

3,024Sound System / Recorder 8,921 - - 1,338

117,583

RO Water System 3,255 - - 48812

2,767Web ERP Sytem 18,719 - - 11,231 7,488Total 183,973 11,500 - 43,108 152,365

Previous Year 192,088 51,060 - 59,175 183,973

17


SCHEDULE - E : INVESTMENTS (AT COST)

Particulars Balance as at31.03.2016

Amount ( )

Long Term1,000,000

Total

Balance as at31.03.2015Amount ( )

8% Govt. of India Savings Bonds 1,000,000

`

1,000,000

SCHEDULE - F : CURRENT ASSETS, LOANS AND ADVANCES

1,000,000

Particulars Balance as at31.03.2016

Amount ( )

Advances

Balance as at31.03.2015Amount ( )

(Recoverable in cash or kind or for value to be received and considered good)

`

Other Advances 10,90019,900Tax Deducted at Source 78,330

89,230108,841

128,741Cash and Bank BalancesFixed Deposits w ith

2,850,000UCO Bank 3,550,000Union Bank of India 4,775,0006,525,000State Bank of India 5,079,2955,329,295ICICI Bank 300,000-Savings Account with State Bank of India 55,55213,333Savings Account with Union Bank of India 222,656154,607Current Account with Union Bank of India 41,46265,945Current Account with ICICI Bank 26,61719,432Cash on hand 5,4043,457Cheques on hand -

14,055,986207,500

15,168,569

Total 15,297,310

SCHEDULE - G : JOURNAL AND OTHER PUBLICATIONS

14,145,216

Year ended on 31.03.2016 Year ended on 31.03.2015Particulars Income Expenses Income Expenses

`

Journal 730,000 341,176 565,172 539,686Publications 1,203,830 1,064,753 500,280 203,398Total 1,933,830 1,405,929 1,065,452 743,084

18


SCHEDULE - H : SEMINARS AND CULTURAL ACTIVITIES

Year ended on 31.03.2016 Year ended on 31.03.2015Particulars Income Expenses Income Expenses

`

Lecture Meetings & Seminars 8,100 67,361 55,950 95,837

Brain Trust Workshops 28,000 - 130,250 156,640

Study Circle Meetings 59,634 63,906 39,414 44,506

Professional Development Committee Programmes - - 4,350 616

Information Technology Committee Programmes - - 20,000 15,165

Sports Committee Programme 80,200 146,921 60,500 111,753

Cultural and Entertainment Committee Programmes 173,350 466,761 343,170 499,485

Total 349,284 744,949 653,634 924,002

SCHEDULE - I : ESTABLISHMENT EXPENSESParticulars Year ended on

31.03.2016Amount ( )

Year ended on31.03.2015Amount ( )`

Salaries and Bonus 539,000539,000Staff Welfare Expenses 25,94226,343Telephone Expenses 23,75330,306Printing and Stationery 72,00860,533Postage Expenses 20,13223,721Insurance 1,5991,552Office and Miscellaneous Expenses 50,96745,188Repairs and Maintenance 2,4278,135Computer Expenses 21,02518,625Medal and Trophy Expenses 6,0756,446Subscriptions 14,29522,978Annual General Meeting Expenses 29,90029,800Felicitation Expenses - 50 years of excellence - 6,345Website Expenses 10,000-Service Tax Expenses -10Public Trust Administration Fund -17,339

Total 829,976 823,468

19


SCHEDULE - J : SIGNIFICANT ACCOUNTING POLICIES AND NOTES FORMING PART OF ACCOUNTS

(A) SIGNIFICANT ACCOUNTING POLICIES :

1 Method of Accounting :

The Accounts are prepared on cash basis except for Membership Fees and Subscription received in advance forwhich reference is invited to Para No. 2 about Revenue Recognition.

2 Revenue Recognition :

The Membership Fees and Subscription are accounted on receipt basis. However, the fees of subsequent yearsreceived in advance are shown as liability. Interest income is accounted on receipt basis.

3 Life Membership Fees and Entrance Fees :

4

Life Membership Fees and Entrance Fees received are credited to Corpus Fund.

Income From Earmarked Funds :

(i) Interest earned on Investments of Earmarked Funds are credited to the respective Fund Accounts.

(ii) The excess of expenditure over allocation of interest to Earmarked funds relating to medals, if any, isdebited to Income & Expenditure Account.

5 Fixed Assets and Depreciation :

(a) The Fixed Assets other than Assets received as Donation are stated at their historical cost (i.e. the cost oftheir acquisition less accumulated depreciation). The Assets received as donation are stated at their fairmarket value on the date of receipt less accumulated depreciation.

(b) The Depreciation is provided on written down value method at the following rates.

i) Library Books 20%ii) Furniture and Fixtures 10%

iii) Air Conditioners, Television,Telephone, LCD Projector and Oven 15%

iv) Computer and Printer (new) 60%v) Web ERP System 60%

In case of assets put to use for less than 180 days, depreciation is charged at 50% of the normal rates.(c) Amounts equivalent to amortisation on WEB ERP System & Air Conditioner are transferred to Income &

Expenditure Account from Infrastructure Fund.6 Investments :

7

Investments are stated at cost.

Inventories :

(B) NOTES ON ACCOUNTS :

There is no Inventory at the end of the year.

1. Figures of the previous year have been regrouped or rearranged wherever necessary.

2. No allocations have been from membership fees towards Journal Publication Activity.Signatories to Schedules “A” to “J”


FRN 104900W


Sd/-









20


MUTUAL BENEFIT SCHEME

NOTICE

Notice is hereby given that of the members of the Chartered Accountants Association, 28 Annual General Meeting th

Ahmedabad Mutual Benefit Scheme will be held on Saturday, at “ICAI Bhavan” , Ahmedabad 7 May, 2016 at 5.00 P.M. th

Branch of WIRC of ICAI , 123 , Sardar Patel Colony, Naranpura , Ahmedabad – 380014 to transact the following business:

1. To approve the minutes of last Annual General Meeting.

2. To receive, consider and adopt the Audited Accounts for the year ended on 31 March, 2016 and the Auditor’s Reportst

thereon.

3. To appoint the Auditors for the year 2016-2017.

4. To transact any other business with the permission of Chair.

sd/-CA. Nirav R. Choks i

CA. Dil ip U. JodhaniPlace : AhmedabadDate : 7 April 2016th Hon. Secretaries

21


MUTUAL BENEFIT SCHEME

AUDITORS' REPORT

To The Members,Chartered Accountants Association, Ahmedabad

We have audited the annexed Balance Sheet as at 31 March 2016 and Income & Expenditure Account for the year endedst

on that date of CHARTERED ACCOUNTANTS ASSOCIATION, MUTUAL BENEFIT SCHEME, Ahmedabad with the Booksof accounts and vouchers relating thereto. These financial statements are the responsibility of the Association’s management.Our responsibility is to express an opinion on these financial statements based on our audit.

We have conducted our audit in accordance with auditing standards generally accepted in India. Those standards requirethat we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free ofmaterial misstatement. An audit includes examining on a test basis, evidence supporting the amounts and disclosures inthe financial statements. An audit also includes assessing the accounting principles used and significant estimates madeby management as well as by evaluating the overall financial presentation. We believe that our audit provides a reasonablebasis of our opinion. Further to our comments we report that:

1. We have obtained all the information and explanations, which to the best of our knowledge and belief were necessaryfor the purpose of our audit.

2. Balance Sheet and Income & Expenditure Account, dealt with by this Report are in agreement with the Books ofAccount.

3. In our opinion and to the best of our information and according to the explanations given to us, the said accounts givea true and fair view:

(a) In case of Balance Sheet, of the state of affairs as at 31 March, 2016 andst

(b) In case Income & Expenditure Account, of the excess of income over expenditure for the year ended on thatdate.

FRN No. 104900W

For, Kashiparekh & AssociatesChartered Accountants

Sd/-Place : AhmedabadDated

CA. Aashish H. Kashiparekh: 7 April 2016th Partner

M.No. 44857

22


MUTUAL BENEFIT SCHEMEBALANCE SHEET AS AT 31 MARCH 2016ST

As at31 March 2016

As at31 March 2015st st

Particulars Schedule Amount ( )

SOURCES OF FUNDS :

Amount ( )`

Trust Funds / Corpus706,825Balance as per last Balance Sheet 701,525

Add : Addition during the year 4,0006,000Entrance Fees 1,300

706,8251,700

714,525Liabili tiesMembers’ Deposit

248,000Balance as per last Balance Sheet 245,000Addition during the year 3,000

248,0005,350

253,350Advance Contribution Received 8,500Income and Expenditure Account

1,744,887

4,100

Balance as per last Balance Sheet 1,538,835Surplus transferred from Income & Exp. A/c. 206,052

1,744,887196,116

1,941,003Total : 2,917,378

APPLICATION OF FUNDS :

2,703,812

Investments (Long Term)Govt . of India 8% Savings Bond 1,000,000Contribution Receivable from Members

1,000,00071,800

Cash and Bank Balances-

Fixed Deposits w ith300,000UCO Bank 850,000

Union Bank of India 800,0001,650,000

1,513,3531,813,353

Saving account with Union Bank of India 46,23123,548Cash on hand 28222Income Tax Deducted at Source 8,655

Total :7,299

2,917,378 2,703,812

Notes forming part of accounts 1

The above balance sheet to the best of our belief containsa true account of the Funds and Liabilit ies and of theProperty and Assets of the trust.


FRN 104900W


Sd/-









23


MUTUAL BENEFIT SCHEMEINCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED ON 31 MARCH 2016ST

For theyear ended

For theyear ended

Particulars Schedule 31 March 2016 Amount ( )

INCOME :204,642

st 31 March 2015Amount ( )

Interest on Fixed Deposits and Saving Account 210,079

st

`

Contribution for Deceased Members 284,5001,948,202Late Fee Income -2,875

Total : 2,155,719

EXPENSES :1,948,202

494,579

Contribution given to nominee of deceased members 284,500Printing and Stationery 6013,073Bank Charges 806102Postages 2,620

288,5278,226

1,959,603Excess of Income over Expenditure transferred to Balance Sheet 206,052

494,579

196,116

2,155,719Notes forming part of accounts 1


FRN 104900W


Sd/-








Place : AhmedabadDate : 7 April 2016

ACCOUNTING POLICIES :

th

SCHEDULE 1 - NOTES FORMING PART OF ACCOUNTS

1. The accounts are maintained on Cash Basis except for Contributions not received from members till end of theyear which hethero was accounted on cash basis.

2. Long Term investments are stated at cost.3. Contribution received and paid in respect of deceased members are stated in Income & Expenditure A/c.


FRN 104900W


Sd/-









24


LIST OF PAST PRESIDENTS AND SECRETARIES

SR.NO. PRESIDENT SECRETARY Year

1 LATE CA. C. S. PATEL 1951-522 LATE CA. N. M. MARFATIA 19533 LATE CA. C. R. LAKHIA LATE CA. VINOD R. SHAH 1954-554 LATE CA. J. M. SHAH 19565 LATE CA. S. K. SHAH 1957-586 LATE CA. B. M. SHAH 19597 LATE CA. C. M. SHAH 1960-618 LATE CA. H. M. TALATI CA. C. R. SHAREDALAL 19629 LATE CA. M. C. MASHRUWALA CA. P. R. PARIKH 196310 LATE CA. R. M. SHAH 196411 LATE CA. B. S. SONI CA. J. S. SHAH 196512 LATE CA. C. R. AMIN 1966-6713 LATE CA. D. B. SHAH 196814 CA. G. S. PATEL LATE CA. S. M. PATWA 196915 LATE CA. H. V. VASA CA. R. D. SHAH 197016 CA. C. R. SHAREDALAL LATE CA. P. N. VADWALA 197117 LATE CA. VINOD R. SHAH LATE CA. N. S. MEHTA 197218 CA. RAJNIKANT K. CHOKSHI LATE CA. K. M. SHAH 197319 CA. CHANDRAKANT A. SHAH CA. J. T. SHAH 1974-7520 LATE CA. GUNVANT J. SHAH LATE CA. CHANDRAKANT F. PATEL 197621 CA. JASHWANT T. SHAH CA. DHIRU C. SHAH 197722 LATE CA. CHANDRAKANT F. PATEL CA. B. T. NAGORI 197823 CA. MANUBHAI G. PATEL CA. B. A. PAVAGADHI 197924 CA. ASHWIN C. SHAH CA. SHATAYU J. DESAI 198025 LATE CA. NALINKANT S. MEHTA CA. M. J. SHAH 198126 LATE CA. J. S. SHAH CA. HEMANT KASHIPAREKH 198227 LATE CA. P. N. VADVALA CA. BIHARI B. SHAH 198328 LATE CA. KANTILAL M. SHAH CA. JAYESH C. SHAREDALAL 198429 CA. RAMUBHAI S. PATEL CA. AJIT C. SHAH 198530 CA. PRAVIN R. SHAH CA. M. K. SHAH 198631 CA. CHANDUBHAI F. PATEL CA. ANIL N. SHAH 198732 CA. SUNIL H. TALATI CA. ASHWIN H. SHAH 1988-8933 CA. SHATAYU J. DESAI CA. ATUL R. SHAH 1989-9034 CA. DHIRU C. SHAH CA. HEMANT R. PATEL 1990-9135 CA. BIHARI B. SHAH CA. MUKESH R. SHAH 1991-9236 CA. CHINUBHAI N. SHAH CA. BHAILAL K. PATEL 1992-9337 CA. KAUSHIK D. SHAH CA. MAYANK TRIVEDI 1993-9438 CA. RAJESH C. SHAH CA. U. R. SHAH 1994-9539 CA. BHAILAL K. PATEL CA. P. S. SHAH 1995-9640 CA. KAUSHIK C. PATEL CA. DARSHAN A. SHAH 1996-9741 CA. AJIT C. SHAH CA. PRAKASH B. SHETH 1997-9842 CA. ANIL N. SHAH CA. JIGNESH J. SHAH 1998-9943 CA. SANJAY R. SHAH CA. KETUL R. PATEL 1999-200044 CA. DEEPAK R. SHAH CA. PRERAK C. PATEL 2000-0145 CA. NIREN M. NAGRI CA. HIREN D. SHAH 2001-0246 CA. KIRIT P. SHAH CA. TUSHAR J. SHAH 2002-0347 CA. JAYESH R. MOR CA. PARAG R. RAVAL 2003-0448 CA. MUKESH M. KHANDWALA CA. SHAILESH C. SHAH 2004-0549 CA. JAYESH C. SHAREDALAL CA. GAURANG M. CHOKSI 2005-0650 CA. ASHWIN H. SHAH CA. CHANDRAKANT H. PAMNANI 2006-0751 CA. BIPIN M. SHAH CA. SATYAPAL K. SADHVANI 2007-0852 CA. DURGESH V. BUCH CA. NESAL H. SHAH 2008-0953 CA. ASUTOSH P. NANAVATY CA. VASANT L. PATEL 2009-1054 CA. ARVIND R. GAUDANA CA. PATHIK B. SHAH 2010-1155 CA. CHANDRAKANT H. PAMNANI CA. KUNAL A. SHAH 2011-1256 CA. GAURANG M. CHOKSI CA. ASHOK C. KATARIA 2012-1357 CA. PRAKASH B. SHETH CA. CHINTAN M. DOSHI 2013-1458 CA. SHAILESH C. SHAH CA. ABHISHEK J. JAIN 2014-15

Glimpses

Diwali get-to-gether

Budget Meeting

Cross Section of Audience - Budget Meeting

Cultural Programme Study Circle Meeting

Annual General Meeting

Study Circle Meeting

Glimpses

Inauguration of Publication

42nd RRC at Devigarh

42nd RRC at Devigarh

Winning TEAM - Cricket Match Study Circle Meeting

Study Circle Meeting