How to become a tax consultant?
I did my graduation in commerce from MG university. Currently pursuing both Master of Commerce and Post Graduate Diploma in Taxation.
Asked by Deepthi Sasi
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1 Answer
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There are no prescribed qualifications to become a tax consultant / advisor. Individuals with interpretation skills and expertise knowledge in tax laws can act as a tax consultant. Tax laws are changing all the time, so they should be up-to-date with recent circulars, notifications, rules, etc.
In a nutshell:
- Qualifications like L.L.B, B.com, CA, CS and ICWA will be beneficial (not mandatory).
- Should possess expertise knowledge.
- Should possess interpretations skill.
- Ability to structure the affairs of clients to minimize tax liability.
- Experience will be a value addition.
- Should not follow false practices.
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