The basic tenets of Profession*
Anil R. Dave Chief Justice, AP High Court
The author lucidly highlights a few basic tenets of the profession which have held the field since the times of Manu Smriti and Chanakya.
My esteemed Brother Justice B. Prakash Rao, Mr. Bharatji Agrawal, Mr. P.V. Subba Rao, Dr. M.V.K. Murthy, V. Narendra Prasad, delegates of the Conference, and distinguished invitees, guests, ladies and gentlemen.
I am very glad to be associated with this National Tax Conference on “Tax Profession, Challenges and Opportunities” organized by All India Federation of Tax Practitioners, South Zone and other Tax Bar Associations connected with this Conference.
I congratulate the organizers for selecting the theme — Tax Profession, Challenges and Opportunitites. In legal profession, in my opinion, the tax practice is a real challenge and it gives ample opportunities to mint money to the professionals.
I say this as a challenge for the reason that one has to be upto date in the subject. Every year, the law is changing. Of course, the society is dynamic and the law is bound to go on changing periodically. But in the case of taxation practice, the law changes very fast every year. Therefore, it is a very good opportunity for all lawyers who are practising on taxation side. With a changed law, in my opinion, normally no assessee will be comfortable with filing his return, He has to approach a tax practitioner and that will be a very good opportunity to a tax practitioner.