Hello experts,
I hold an active COP from ICAI. However i recently got appointed as a director in a private company (family business) and also hold 50% shares of the same. On SSP, while updating my engagement details under regulation 190A, on the form, ICAI asks for a declaration which states, " I Declare That I And / Or My Relatives Do Not Hold A Substantial Interest In The Business Concern In Respect Of Which Permission For Full-Time / Part-Time Employment Is Sought." As i hold 50% of the shares, i have a substantial interest to which i can't declare. If i don't select this declaration button, i am not allowed to submit the form. So, how should i update my engagement details?

If i apply for membership on 28/01/20, then when will annual membership fee become due and till what time i have to pay that?

Hi,

I've completed approx. 1 year 7 Months Articleship in Bangalore. Now I want to take transfer from Bangalore to Hyderabad.

1. Can I give reason as my Parents not feeling well(Undergoing some Operation)?
2. If Yes, Please let me know with in how many days I can Join in Hyderabad?
3. If not, Please give me some other reasons.
4. And also share the Letter "To get the consent/Approval of the Institute before getting Form 109 signed by the Principal"
5. Share the Mail ID/Postal Address to which I'm supposed to send the letter to get Approval.

Thank you in Advance.


Please let me know ASAP.

Sir I am lifetime chairman of a public charitable trust and there are another three settler trustee in trust while registering I was declaired lifetime that I shall be lifetime chairman but my co -trustee passed resulution that we amended in trust bylaws and remove me from chairman can registrar can amend in original trust deed

WHO DOES PROVIDE PROFESSIONAL NRI
DECLARATION SERVICE IN HYDERABAD INDIA.

I am started a new business could you please explain above forms INC Form22A and Form 20A can i filing these two forms for open my business ....?

Specifically, I have the following queries with reference to Chartered Accountants Act :
1. Is trading in shares considered "other business"? When is it not considered "other business"?
2. Will obtaining permission by a CA holding COP to engage in other business (like trading goods, wholesale, restaurant, trading derivatives, etc.) make the applicant ineligible to perform attest functions (audit, signing as CA, etc.)?
3. Can a CA not holding COP or holding part-time COP engage in other business (like trading goods, wholesale, restaurant, trading derivatives, etc.) without performing any attest functions?
4. Can a CA not holding COP or holding part-time COP engage in consultation, tax advisory services, filing services, etc. without performing any attest functions?

how i get approval of a new company

Can a chartered accountant lend money? If they do so by asking their spouse (who is not a qualified CA) to lend money to a firm for which he himself is an auditor and the spouse too is working for that firm performing the audit and routinely does consultancy for the firm to whom the money has been lent - is that a conflict of interest? Also, if both the CA and spouse (non CA) share a joint bank account and are also collecting the audit fees and the interest on the loan in the same bank account from the same firm - does that make the lender and the auditor one and the same person (there is apparently no firewall)?

Are there any violations that have been committed? What is the nature of the violations? What is the punishment under ICAI?

Dear Experts,

If Auditor signs Financial Statements of a proprietorship without his ICAI Membership No. & Firm Registration No. , can as a third party, I should view these financial statements not audited or invalid.

Ar ICAI members required to mention their Membership No. & Firm Registration No. everywhere they sign in their capacity as a practising CA. Where is this statutory requirement mentioned?