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!
« Top Headlines »
Open DEMAT Account in 24 hrs
 No more tax filing hassles with digital Form 16 Know how it works

Tax return preparer scheme challenged in High Court
November, 21st 2006

The finance ministrys proposal to carry out the filing of income tax returns by tax return preparers (TRP) may run into rough weather, following a PIL challenging the scheme being filed in the Delhi High Court.

A bench comprising Justice M K Sharma and Justice Hemakohli on Monday sought response from the government by December 13 on a petition filed by a chartered accountant, who has sought directions to the finance ministry to prohibit filing of income tax returns by these TRPs.

The petitioner also contended that the scheme encroached upon the jurisdiction of chartered accountants, who he claimed were alone eligible to prepare tax returns.

The scheme envisages a mere nine-day training to graduates in filing returns with the income tax department, thereby giving a go-by to the canon and law in its true spirit, the petitioner contended. The scheme is also a waste on the exchequer, the PIL said, adding it was unjustifiable and ultra vires of the constitution.

Terming the scheme contrary to the provisions of Chartered Accountants Act, the petitioner contended that its implementation would render CAS jobless.

The scheme, which was proposed by finance minister P Chidambaram during his Budget speech this year, entails a nine-day training to prepare a batch of professionals - tax returns preparers - who would help small and medium taxpayers to file their returns.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2025 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting