AGFTC and IT Bar Asso. Successfully Hosts Sixth Consecutive Tax Conclave in Ahmedabad
Ahmedabad, March 22, 2025 – The Income Tax Bar Association (ITBA), one of India’s oldest and most esteemed tax associations with over 1,400 members, successfully hosted the Sixth Consecutive Tax Conclave on March 21st and 22nd at the prestigious J B Auditorium, Ahmedabad Management Association (AMA). The two-day event brought together more than 450 participants, including Chartered Accountants, Tax Advocates, Tax Practitioners, and Consultants, to discuss key issues in Direct and Indirect Taxation.
Inaugural Session: Insights from Legal and Tax Luminaries
The conclave commenced with a grand inauguration by Hon. Justice Jayantbhai Patel, Former Acting Chief Justice of the Gujarat High Court. He delivered an insightful address on the Seven Principles of Taxation, providing thought-provoking observations on the current tax system. His recommendations on how these principles could benefit taxpayers set a constructive tone for the event.
Guest of Honour Hon. Shri Satish Sharma, Principal Chief Commissioner of Income Tax, Gujarat, enriched the audience with a comprehensive presentation on the evolution of Income Tax from 1990 to the present. He elaborated on advancements in tax technology, such as ITR processing, refunds, TDS, and data collection through the INSIGHT portal. Emphasizing the importance of curbing tax evasion, he encouraged professionals to contribute constructive suggestions to the tax department.
Day 1: Engaging Technical Sessions
The first day featured four thought-provoking technical sessions by some of India’s top tax experts.
- Session 1: Dr. (CA) Girish Ahuja, a renowned tax expert, opened with a comparative analysis of the old and new Income Tax Acts, with a special focus on Capital Gains and Charitable Trusts. His in-depth discussion left the audience with valuable insights.
- Session 2: CA A Jatin Christopher examined the interplay between GST and Allied Laws, shedding light on their impact on tax practitioners managing complex tax scenarios.
- Session 3: CA Manish Dafria delivered an impactful session on the taxation of Partnership Firms, discussing capital introduction and withdrawal, along with key provisions under Section 194T related to TDS.
The day concluded with the much-anticipated Brain Trust on Direct Taxes, featuring experts like Adv. Mehul Patel, CA Mehul Thakkar, CA Aseem Thakkar, CA Harit Dhariwal, and CA Mitish Modi. The panel engaged in lively discussions on pressing tax controversies, providing clarity and practical knowledge to attendees.
Publications Unveiled
The inaugural session witnessed the unveiling of two significant publications:
- The Tenth Edition of “IT Mirror”, ITBA’s official publication, featuring a special edition titled “SheTax” in honor of International Women’s Day. This edition, dedicated to women professionals, exclusively featured articles by female contributors and received commendations from the Hon. Vice-Chancellor of Gujarat University and Gujarat Technical University.
- The Fourth Edition of “Tax Gurjari”, the official magazine of AGFTC, focusing on Direct and Indirect Taxes alongside various allied laws, further strengthening the knowledge base of tax professionals.
Looking Ahead: An Exciting Day 2
Day 2 promises another series of intellectually stimulating sessions, covering Emerging Issues in GST, International Taxation, and a Brain Trust on Indirect Taxes. With an agenda packed with expert insights, the conclave continues to uphold its reputation as a premier event in the tax fraternity.
With yet another successful conclave, ITBA reinforces its role as a beacon of learning and professional development for tax professionals in Gujarat and beyond. The event’s success underscores the association’s commitment to fostering knowledge, collaboration, and innovation in the field of taxation.
