Income Tax Bill 2025: Parliamentary Panel Retains CA-Only Definition of 'Accountant'

Last updated: 18 July 2025

The Lok Sabha Select Committee reviewing the draft Income-Tax Bill, 2025 has not favoured altering the definition of 'accountant', maintaining that only Chartered Accountants (CAs) with a valid certificate of practice will be recognized under the law. This decision comes despite repeated appeals fr

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