For now, If you want to install the latest india_compliance (v15.7.4) then frappe must be in the 15.3.0 and erpnext must be in the 15.19.3. so I think, you should update the erpnext.
VERSIONS_TO_COMPARE = [
{
"app_name": "Frappe",
"current_version": version.parse(frappe.__version__),
"required_versions": {"version-14": "14.57.0", "version-15": "15.3.0"},
},
{
"app_name": "ERPNext",
"current_version": version.parse(erpnext.__version__),
"required_versions": {"version-14": "14.66.5", "version-15": "15.19.3"},
},
]
Please check it.