ICAI – Clarification in ET regarding News Report related to ?CAs help you get Fat Tax Refunds”


ICAI – Clarification in ET regarding News Report related to ?CAs help you get Fat Tax Refunds”

This is with reference to a news report.”CAs help you get Fax Tax Refunds”, published in these columns on July 19, 2018. The report was about gullible tax payers being promised fat tax refunds by conmen masquerading as Chartered Accountants. Such fraudsters impersonating as CAs falsify tax payers’ income in the return, resulting in hefty tax refunds.The heading of the article conveys a false impression in the minds of the readers against Chartered Accountants. It is clarified that this newspaper hold the profession of Chartered Accountancy in high regard and it is not our intention to lower the dignity of this profession. The article was to caution tax payers from falling prey to fraudsters impersonating as CAs.


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