Thursday, March 7, 2013

law practice


In a very interesting move which may not be a good news for practicing CA, CS, CMA etc. who are engaged in practice in the area of Law and taxation,  Rajasthan Tax Bar Association have filed a petition before  Chief Commissioner of Income Tax (CCIT), Rajasthan and urged him  to not to allow any one else then advocates Registered with state Bar Councils to appear in any proceeding before Assessing Authorities as well as Appellate Authorities of Income Tax.
The Bar council in its petition has referred Madras High Court Judgment in the case of M. Krishnammal vs T. Balasubramania Pillai, Power … on 21 April, 1937  -Equivalent citations: AIR 1937 Mad 937.
This may be a major set back for Chartered accountants after Raise in Limit for Bank Audit and Tax 

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