{"id":48194,"date":"2025-03-22T13:45:02","date_gmt":"2025-03-22T08:15:02","guid":{"rendered":"https:\/\/risingentrepreneurs.in\/index.php\/2025\/03\/22\/all-gujarat-federation-of-tax-consultants-agftc-and-income-tax-bar-association-organize-tax-conclave-2025\/"},"modified":"2025-03-22T13:45:02","modified_gmt":"2025-03-22T08:15:02","slug":"all-gujarat-federation-of-tax-consultants-agftc-and-income-tax-bar-association-organize-tax-conclave-2025","status":"publish","type":"post","link":"https:\/\/risingentrepreneurs.in\/index.php\/2025\/03\/22\/all-gujarat-federation-of-tax-consultants-agftc-and-income-tax-bar-association-organize-tax-conclave-2025\/","title":{"rendered":"All Gujarat Federation of Tax Consultants (AGFTC) and Income Tax Bar Association organize Tax Conclave 2025"},"content":{"rendered":"

Ahmedabad (Gujarat) [India], March 21: <\/span><\/strong>All Gujarat Federation of Tax Consultants (AGFTC)\u00a0is the apex body representing tax professionals in Gujarat. With over 30 institutional members, AGFTC serves the entire state, providing a platform for knowledge-sharing and professional development in tax practice.<\/p>\n

Income Tax Bar Association (ITBA)\u00a0is one of the oldest and most esteemed tax associations in India, boasting more than 1,400 members, including Chartered Accountants, Tax Advocates, and Tax Practitioners.<\/p>\n

Together, these institutions have successfully hosted the\u00a0Sixth Consecutive Tax Conclave, which is being held on\u00a021st and 22nd March 2025\u00a0at the prestigious J B Auditorium, Ahmedabad Management Association (AMA). This two-day conclave covered key issues in\u00a0Direct and Indirect Taxation, attracting over 450 participants from across the state, including Chartered Accountants, Tax Advocates, Tax Practitioners, and Consultants.<\/p>\n

The event commenced with a grand inauguration by\u00a0Hon. Justice Jayantbhai Patel, Former Acting Chief Justice of the Gujarat High Court, who enlightened the audience with an insightful address. His guidance on the\u00a0Seven Principles of Taxation\u00a0resonated deeply with the attendees, offering thought-provoking observations on the existing tax system. His suggestions on how these principles could benefit current taxpayers were invaluable, setting a constructive tone for the conclave.<\/p>\n

Hon. Shri Satish Sharma, Principal Chief Commissioner of Income Tax, Gujarat, graced the occasion as the Guest of Honour. His presentation on the evolution of Income Tax, with a comparative analysis from 1990 to the present year, gave participants a comprehensive understanding of the sector\u2019s growth. He highlighted the technological advancements in the department, focusing on areas like ITR Processing, Refunds, TDS, data collection through SFT and population through the INSIGHT portal, and reduced scrutiny. Importantly, he emphasized the need to foster an environment where tax evasion becomes socially unacceptable, calling on participants to contribute to this mission by providing constructive suggestions to the department.<\/p>\n

Day 1: Thought-Provoking Technical Sessions<\/strong><\/p>\n

The first day of the conclave featured four powerful technical sessions delivered by the nation\u2019s top experts in tax practice.<\/p>\n

Session 1:<\/strong><\/p>\n

Renowned tax expert \u201cguruji\u201d Dr. (CA) Girish Ahuja<\/strong>\u00a0delivered the opening technical session. With his vast experience, he compared the provisions of the new Income Tax Act with the old Income Tax Act, with a special focus on\u00a0Capital Gains and Charitable Trusts<\/strong>. His in-depth analysis of the changes and their impact left the audience with actionable takeaways, with the hall full of participants.<\/p>\n

Session 2:<\/strong><\/p>\n

CA A Jatin Christopher<\/strong>\u00a0shared his expertise in GST, emphasizing how Allied Laws influence the GST regime and vice versa. His session shed light on the interplay of various laws with GST, a topic of great significance for practitioners managing complex tax scenarios.<\/p>\n

Session 3:<\/strong><\/p>\n

CA Manish Dafria<\/strong>\u00a0captivated the audience with his session on Taxation of Partnership Firms, specifically focusing on the taxation implications of Introduction and Withdrawal of Capital. He also addressed key provisions under Section 194T related to TDS and provided practical insights into resolving burning issues in this area.<\/p>\n

Day 1 concluded with the highly anticipated Brain Trust on Direct Taxes:<\/strong><\/p>\n

The Brain Trust, featuring experts like\u00a0Adv. Mehul Patel,\u00a0CA Mehul Thakkar,\u00a0CA Aseem Thakkar,\u00a0CA Harit Dhariwal, and\u00a0CA Mitish Modi, engaged participants in a lively discussion. They dissected pressing tax controversies, providing sharp insights and thoughtful deliberation on complex issues. The audience gained practical knowledge and clarity on controversies in the field of direct taxation, making this session one of the highlights of the conclave.<\/p>\n

Publications Unveiled:<\/strong><\/p>\n

The inaugural session saw the unveiling of two prestigious publications:<\/p>\n

1. The\u00a0Tenth Edition of \u201cIT Mirror\u201d<\/strong>, the mouthpiece of ITBA, which featured a special edition called\u00a0\u201cSheTax\u201d<\/strong>. In honor of\u00a0International Women\u2019s Day<\/strong>, this edition was dedicated to women professionals and contained articles exclusively written by female contributors. The special edition received accolades and a forward by the\u00a0Hon. Vice-Chancellor of Gujarat University<\/strong>\u00a0and\u00a0Gujarat Technical University<\/strong>.<\/p>\n

2. The\u00a0Fourth Edition of \u201cTax Gurjari\u201d<\/strong>, the official magazine of AGFTC, was simultaneously unveiled. This edition focused on Direct and Indirect Taxes, along with various allied laws, further cementing the role of these associations in advancing tax knowledge.<\/p>\n

Day 2 promises another series of intellectually stimulating sessions, covering\u00a0Emerging Issues in GST<\/strong>,\u00a0International Taxation<\/strong>, and a\u00a0Brain Trust on Indirect Taxes<\/strong>, which are sure to enhance the knowledge of the participants.<\/p>\n

The conclave has truly become a “brand” in itself, a beacon of learning for tax professionals. We are immensely proud of the success and scale of this year\u2019s event and are confident that it will continue to inspire, educate, and shape the tax fraternity in Gujarat for years to come.<\/p>\n

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Ahmedabad (Gujarat) [India], March 21: All Gujarat Federation of Tax Consultants (AGFTC)\u00a0is the apex body…<\/p>\n","protected":false},"author":2,"featured_media":48193,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,24,6],"tags":[1735,1736,1737,1738,1739,1740],"class_list":["post-48194","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-national","category-press-release","tag-ca-a-jatin-christopher","tag-girish-ahuja","tag-justice-jayantbhai-patel","tag-shri-satish-sharma","tag-tax-bar-association","tag-tax-consultants"],"_links":{"self":[{"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/posts\/48194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/comments?post=48194"}],"version-history":[{"count":0,"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/posts\/48194\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/media\/48193"}],"wp:attachment":[{"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/media?parent=48194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/categories?post=48194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/risingentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/tags?post=48194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}