CA Members in practice and corporate lawyers are more aware of day to day problems faced by businessmen and are required to solve them.
Traditional CA practice was basically Direct tax/audit based consultancy and members were dealing with VAT/service tax primarily as an add on service. Excise laws where more interpretations/classification issues arose were pure domain of advocates. With the introduction of GST, CA professionals and corporate lawyers dealing with Excise have to compulsorily provide GST consultancy.
Having said that, a professional can not reach the correct conclusion if he is not aware of the law in totality along with relevant case laws/notifications and circulars.
With the plethora of judgements and a number of changes in law made through notifications, the professionals find it a daunting task to keep abreast.
Here, at IDT Insight India, we have come to a finding that if the professional is able to memorise by heart the basic law, notification, circular and only the most important case laws, he will be able to not only keep pace with the ever changing law but predict the changes government is going to bring to the law.
So thereby, we have taken up upon ourselves to not only make the professionals understand the provisions of the law but to enable them to memorise the law.
