Shri Jayant Gokhale

Biography

CA Jayant Gokhale qualified as chartered accountant in 1981, and thereafter obtained his Bachelor of Laws Degree. Mr. Gokhale co-founded the firm Gokhale & Sathe in 1982, and in the 90's authored two books - ‘Tax Deduction At Source’ & “Accounting Standards Notified under the Income Tax Act”.  In 1994, CA Jayant Gokhale was elected as a Member of the Western India Regional Council of Institute of Chartered Accountant of India (ICAI), where he became its Secretary (1997-98) and Chairman (1998-99). He was also the Jt. Sec of Chamber of Tax Consultants and member of its Managing Committee for many years. In 2000, He was elected as Member of the Central Council of the ICAI. He was re-elected to this apex professional body for a consecutive period of 12 years until voluntarily stepping down in 2012. He was Chairman & member of numerous committees, including the Expert Advisory Committee, Accounting Standards Board, Auditing Standards Board, Board of Studies, Direct Tax Committee.  CA Gokhale was also a Member of the Committee for formulating roadmap for Convergence of Indian AS with IFRS. In 2010, as Chairman of Direct Tax Committee he wrote a paper for Finance Ministry & MCA on ‘Tax Issues Arising out of Convergence with IFRS’ which formed one of the reference points for formulation of the ‘Income Computation and Disclosure Standards’ (ICDS) - now notified by Finance Ministry, GoI. He has worked extensively on the Government & Urban Local Bodies (ULBs) Accounting Reforms and been Chairman of Accounting Standards for ULBs. He was the Indian representative to an EU Conference on ‘Modernising Accounting in Local Bodies’ and has been nominated on committees constituted by the Ministry of Urban Development, GASAB, C & AG in this regard. He is a regular faculty for training government C& AG and PSU officials, and has been a consultant to Ministry of Defence -GoI & Govt. of Maharashtra on the same subject. He was also involved in Audit of Bank Branches and worked as Central Statutory Auditor. Now, he is one of the Directors on the Board of SyndicateBank from 30.08.2016.

Research Interest

Accounting Economics Banking commerce