Ca firm in proprietorship & partnership style


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Querist : Anonymous

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Querist : Anonymous (Querist)
18 August 2011 whether is it possible for a member of ICAI to have his own sole proprietorship firm for say 25 tax audit files and be a partner in partnership firm for remaining tax audit files and other consultancy works.

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18 August 2011 Yes. He can do so provided the limit of 45 is not crossed.

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 August 2011 thank you for resolving the query... I would like to also know whether if both the firms are empaneled for bank audit... whether both will get the same or not??


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