Biggest Blow to CA's

Lalit Kumar (Vice President ) (2213 Points)

28 February 2011  

Finance Minister has given a big blow to CA Firms and Proprietorship Firm by exempting filing of Return by Salaried class people who do not have any other source of Income except Salary and TDS has been deducted for it.. Sole Proprietor CA's main income is audit fees by filing indvl salary returns.. and since even that has been exempted dont know wat one will do Practicin as an Indvl..