Supreme Court judge Justice R K Agarwal today said collection of tax is necessary to meet the needs of welfare schemes as well as to provide facilities of the Centre in a developing country like India.
Inaugurating a two-day National Tax Conference here, Justice Agarwal said tax practitioners have an important role in tax collection and function as a chain between tax payers and tax officials to ensure that tax payers pay their due taxes as per law and within a stipulated timeframe.
"They (tax practitioners) are a link between tax payers and tax officials to ensure that tax payers should pay their due taxes as per law and within a stipulated timeframe," he said.
Special Guest on the occasion, Vinod Poddar, Advocate General of Jharkhand, advised that tax practitioners should have thorough knowledge on the subject and should suggest clients properly so that there should not be any unnecessary burden on them.
National President of All India Federation of Tax Practitioners, Dr M V K Murthy regretted over increasing number of pending cases in the country and advocated that efforts should be made to fill up vacant posts in Supreme Court and High Courts for fast disposal of the cases.
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