“How to Crack CA?”.

 

REPORT

Date & Time: Thursday , September 24, 2020 from 10.00.a.m to 11.00 a.m.

Plat form: Google Meet

Organizers - Department of Commerce and Management

Resource person: CA  Lokesh Shetty, Partner in B V C & Co, Chartered Accountants. He holds the position of Secretary of Udupi branch of Southern India Regional Council of ICAI

Target Group: BBA and B.Com students

No. Of Beneficiaries: 180

Being adept to the current environment and as an initiative to train our students to become Chartered Accountants ,the Department of Commerce & Management conducted a power talk for students of First year BCOM & BBA on the topic “How to Crack CA?”. 

In his address, CA Lokesh Shetty urged students to rise above mediocre 9-5 job and take up CA as a profession. With real life incidents and anecdotes, sir explained to students why CA was not difficult but different. The key take-aways from the session were:

Ø  Learning Not Reading. One must study for the purpose of learning and not just passing.

Ø  Change in Approach is important as one cannot prepare himself for CA the way he prepares for UG exams. It is important to realize that CA is not Difficult but Different.

Ø  Conceptual Clarity is what is required to clear the CA exams in one attempt.

Ø  Focus & Self- Motivation are the keys to successful completion of the course.Trust, Hard-work, Determination & Commitment will lead to successful results in CA exam. The students interacted with sir at the end of the session and clarified their doubts.

 

CA Lokesh Shetty is a Partner in B V C & Co, Chartered Accountants. He holds the position of Secretary of Udupi branch of Southern India Regional Council of ICAI. Prior to this, he worked as a Chief Accountant for a shipping company in the Middle East. Currently he is a Visiting Faculty in School of Management, Department of Commerce, MAHE Manipal and in Poornaprajna College, Udupi for M.Com. He is an avid speaker in topics relating to taxation & GST.

 

Virtual workshop on "Introduction to Income Tax"

 

REPORT

Date & Time: Monday, September 07, 2020 from 2.p.m to 4.00 p.m.

Plat form: Google Meet

Link Generated: Meeting URL: https://meet.google.com/hhf-hykq-mar

Organizers - IQAC, Department of Commerce and Management in Association with Old Students’ Association and with support of DDPI Udupi District

Resource person: CA Vineet Shetty,   Partner at Shetty & Bhat, Chartered Accountants, Udupi. CA M Sridhar Kamath Partner of Kamath & co, Chartered Accountants,   Udupi, 

Target Group: High school Teacher's

No. Of Beneficiaries: 100 

 H.H.Sri Vishwapriya Theertha Swamiji inaugurated the program by lighting the lamp and blessed on the occasion. H.H.Sri Vishwapriya Theertha Swamiji President of Sri Admar Mutt Education Council Bangalore, Dr. Raghavendra A. Principal, Dr. Prakash Rao, Vice Principal and IQAC Coordinator, Shri.Sheshashayana Karinja, DDPI, Udupi district, Dr. B.M.Somayaji, president Old Students’ Association, Prof. Shivakumar PT, HOD of Commerce and Management, High school Teachers of Udupi District and all the Faculties of the Department of Commerce and Management were present. Principal, Dr. Raghavendra A gave Introductory Remarks, Mr. Sandeep welcomed the gathering and Ms. Jyothi Acharya conveyed the Vote of thanks. Ms. Anusha Introduced the resource person of Session I. Ms. Anupama Nayak  Introduced the Resource person of Session II. Mrs. Sumalatha P.J was the Master of Ceremony of the Program. 

The purpose of organizing this Virtual workshop is to create awareness relating to Income Tax among High School Teachers and provide them with basic information relating to Income tax.

In the first session, the Resource person discussed the various heads of income of an individual and various deduction available under section 80.

In the second session, the Resource person discussed the Assessment Year & previous Year, New rates, and old rates for Income tax. He also provided information relating to various forms under income tax and filing of returns.

Program Design:           

Session 1.                 “HEADS OF INCOME AND DEDUCTIONS”

Resource Person:       CA Vineet Shetty

                                   Partner at Shetty & Bhat, Chartered Accountants, Udupi,

 
Session 2.                  “INCOME TAX RATES & FILING OF RETURNS”
Resource Person:         CA M Sridhar Kamath
                                    Partner A