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December 2011

Lecture Meetings:

By Nitin Shingala, Raman Jokhakar, Hon. Jt. Secretaries
Reading Time 2 mins
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Ethical Hacking Master Shantanu Gawade (age: 14 years), India’s youngest ethical hacker addressed the members on Ethical Hacking and Cybercrimes on 19th October, 2011. Shantanu has a number of achievements to his credit. Even though he is only a Std. X student, he has a CV that boasts of several accolades including awards received at the hands of the current and former Presidents of India.

Shantanu made a detailed presentation on various areas covering:

  •  Introduction to cyber space
  •  Dangers of social networking with live demo on FACEBOOK and precautions to protect one’s self
  •  Hacking and what to do if your computer is hacked
  • Basic concepts of Malware and how to escape malware
  •  Best practices for cyber safety The meeting received enthusiastic response and was very well attended.

Other programmes:

Seminar on ‘Authority for Advance Rulings — Law & Procedure’ 

The seminar was organised jointly by the Society along with the Western India Regional Council of the Institute of Chartered Accountants of India and Indian Merchants’ Chamber. Rajan Vora, Chairman — Direct Tax Committee of IMC and Kishor Karia, Chairman — International Taxation Committee of BCAS welcomed the Chief Guest Hon. Justice P. K. Balasubramanyan, Chairman — Authority for Advance Rulings and highlighted increasing importance of AAR in bringing certainty in taxation laws and also various issues faced by taxpayers and the professionals.

In his keynote address, Hon. Chairman elaborated on the role played by the AAR and addressed several issues faced by taxpayers and professionals and also answered questions from the various participants.

Girish Dave, Advocate, the learned faculty, gave an overview of the topic dealt with synopsis of AAR and explained the background, definition, constitution and jurisdiction of AAR and the related issues. 

Nishith Desai, Advocate, the learned faculty, dealt with six recent important rulings of AAR with his masterly analysis of various issues arising therefrom. 

The seminar was very well attended by participants from Mumbai as well as outstations and was very well appreciated.

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