Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Indirect Tax »
Open DEMAT Account in 24 hrs
 When will ITR1 forms become available for tax filing. Check details
 How to reduce tax on rent from vacant houses
 Make sure to claim these tax deductions
 Investment tips for those opting for new tax regime
 Indirect tax dept issues notices to companies over late input credit claim under GST frame
 E-generated document required for indirect tax notices
 FinMin seeks industry inputs on direct, indirect tax changes
 Govt gives businesses four months to settle indirect tax disputes
 ITR filing becomes easy via new 'e-Filing Lite' portal - 5 things to know Income Tax Return
 No income tax on interest from accident compensation: High Court
 How much tax do you need to pay for your equity investments?

Make Indirect Tax laws complex for CAs to Learn More'
June, 12th 2014

Indirect tax laws are the most complex laws of the country. I wish the government makes it more complex so that it creates an opportunity for us (Chartered Accountants) to learn more,” said Justice Anil R Dave, Judge, Supreme Court, at the members day function of the International Chamber of Indirect Tax Professionals (ICITP) here recently

The judge, who was the chief guest of the occasion, said of the 120 students who pursued B Com with him, just 45 became Chartered Accountants and none of them practised indirect tax. “It is good to know that more professionals are practising indirect tax these days,” he added. Krishnan, vice-president of ICITP, said that the chamber which acted as a bridge between the government and the community had attained significant growth in a short period of time as it stuck to strict professional discipline.

“There were only 40 members when we inducted this Chamber in 2008. In five years, the membership has increased five-fold, which is a great achievement for a Chamber that is exclusively for indirect tax professionals,” said Rajendra Kumar, president of ICITP, in his inaugural speech.

Kumar announced that the chamber would release a book on Goods and Service Tax (GST) Act authored by J Purushothaman, former president of the Chamber, for the benefit of the general public, in a month’s time.

He also urged Justice Dave to write a foreword for the book, for which the latter readily accepted.

On the occasion, past presidents of the chamber P Sankaran, J Purushothaman, V V Sampath Kumar and J Murali were felicitated. They received mementos from Justice Dave.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting