Trading in stock market by a ca articled assistant

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Querist : Anonymous

Querist : Anonymous (Querist)

31 October 2014 Sir,
I am doing my CA article ship training 2nd year. I want to open a DEMAT a/c and start trading in stock market. But some of my friends told me that CA articleship students are not allowed to do stock trading, as it will leads to cancelation of articleship period completed till now. I don't know whether it is right or not. I am totally confused. Please somebody let me know the right thing.

Amol S Joglekar

Amol S Joglekar (Expert)
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18 November 2014 TRADING is definitely NOT envisaged in the articleship. But investment you can very well do. There is a LINE, however thin it might be, between investment and trading.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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18 November 2014 u need to fistr take icai's permission in form 112 as it tantamounts to business if u want to trade i.e buy and sell stocks and shares in ur name via demat account.