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Can A CA in Practise open a Business

This query is : Resolved 

19 October 2009 There is a CA who is in whole-time practice and even he has an HUF in which he is the Karta can he open other busines in the name of Karta (a business not concerned to CA profession)?

19 October 2009 A practicing member of ICAI can not engage him/herself in business other than CA profession.

20 October 2009 I think specific permission can be obtained from the Council

20 October 2009 I think as per the code of conduct A CA who is in whole-time practice can not engage in business other than the CA profession.


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