Sometime towards the end of 1947, the then leading practicing Accountants being Registered Accountants and/or Incorporated Accountants (England& Wales) decided to form the Accountants’ Library. In their efforts they were actively encouraged by the then Commissioner of Income Tax — Late S.D.Nargorwala and Late N.Dandekar . They also promptly provided a modest accommodation in the main Income Tax Building in Kolkata for the use by the members of the Accountants’ Library. The Opening Ceremony of the Library Hall in the Income Tax Building was celebrated on the 22nd January, 1948. It would not be out of context to mention that our first president Late G.Basu was one of the main architect and founder member of the Institute Chartered Accountants of India ( ICAI) . There after he became the president of ICAL
It is also to be noted that Accountants’ Library (1947) was formed before the Chattered Accountant act had been past in the year 1949. To Celebrate the Platinum Jubilee this year a whole day Seminar was organized on the theme 75 Years or Excellence by Knowledge
i ) Maintaining two well stocked Libraries for members at Aayakar Bhawan and Income Tax Appellate Tribunal Building at Kolkata with facilities of reading hall. ii) Lend Library books to members. iii) Establish a regular dialogue and develop a system for exchange of views on various issues of both direct and indirect taxes between Tax Authorities and Members. iv ) Assist and co-operate with the Income Tax Authorities in the administration of Income Tax Laws. v) Reading rooms at the aforesaid places with computer and wi-fi facilities. vi) Holding at regular intervals seminar, both structured and unstructured on current topics in respect to issues relating to the profession.
