Dear Friends,

It gives me immense pleasure to interact with you, as the Chairman through this newsletter and it is a privilege being able to reach out to all of you. I earnestly request each one of you to make this a dialogue and feel free to voice your opinions on any matter relating to the Branch or the profession.

Firstly, I would like to congratulate CA Amarjit Chopra on his election as President-ICAI, CA Ramaswamy G on his election as the Vice-President-ICAI and CA Babu Abraham on his election as Chairman SIRC. I would also like to take this opportunity to congratulate CA.J Venkateswarlu, CA Devaraja Reddy on their election to the Central Council and CA Naresh Chandra Gelli the sole representative from Hyderabad Branch at the Southern India Regional Council.

You are all aware that the change of guard at the branch took place on the 18th of February, 2010, when the new office bearers for the year 2010-2011 were elected. Along with me the other members elected were CA Adusumilli Venkateswara Rao as the Vice Chairman, CA Dayakar Gelli as Secretary and CA Tirupataiah as treasurer.

It was great pleasure to be part of the previous managing committee and I must compliment my predecessor CA D Swami Reddy for his dedicated work and making it tough for me to surpass the bench mark set by him. But with the excellent team that I have, I am sure that we will live up to the challenge in serving the cause of the profession.

During the course of the last term I had been discussing with our members about the programs that we had been organizing over the year. Members were of the opinion that the programs need to be more interactive and they preferred workshops to seminars. I would like to assure them that this year we will have more of intensive and advanced workshops that will not only cover the traditional areas of practice but also cover emerging areas.

We were in Chennai last week for the Branch Chairman's meeting where we met the office bearers of the other branches of SIRC. It was an enriching experience to learn the about the innovative programs being organized by some of the smaller branches. While most of the Chairmen were giving the plans for the year 2010-2011, our announcement of a three year plan instead of a yearly plan was appreciated by many.

Taking cue from the Karnataka State Conference which is organized every year, I propose to have an All Andhra Pradesh CA Conference where in all the 8 branches would come together to organize a grand event hosted by the Hyderabad Branch. I am sure that with the support of all the members I will be successful in my endeavor.

We will be having two important events on the 6th of March 2010 a discussion on the Impact of the finance bill 2010 at Hotel Katriya and the start of the second batch of Certificate course on International Taxation at the Centre of Excellence. Our Vice-President, CA Ramaswamy G will be presiding over both the programs.

The customary bank audit seminar is scheduled for the 13th of this month and based on the request of several members we are organizing a workshop on CDM (Clean development Mechanism) & Carbon Credits, the details of which are given elsewhere in the news letter. We also propose to have a workshop on Efiling of TDS, and hands on training on using CAAT and excel in audits.

The SIRC has taken up the task of compiling a members directory along with the latest photographs, address, email and mobile numbers. The increasing number of return post indicates that some of the members have not updated their address with the institute. A format of the form for furnishing the details will be printed in the next news letter. Members may hand it over at the branch for compiling the details of members of the Hyderabad Branch.

Members who are interested in getting sms/email reminders of various programs at the branch are requested to give their mobile numbers/mail id's at the branch.

I invite members who would like to take active part in the activities of the branch and plan to reconstitute the various sub committees. Members desirous of being nominated to the sub committees may do so in the format provided in this news letter. I would also like to mention here that members desirous of presenting papers in any seminars, workshops, interested in taking coaching classes for students may please contact me.

Looking forward to your active participation in all the programs.

Best Regards.