Can a ca join amway business as sponsor?

This query is : Resolved 

06 July 2012 Can a Chartered Accountant in Service engage himself in Amway Business as a Business Sponsor (Referrer of Amway Products) keeping in mind the CA Ethics?

In case the CA can take up the Sponsor role, and as a Business Sponsor earns commission income from Amway, under which head will the income be taxed?

If possible, please cite any applicable provisions/legal guidance/ethics code?

25 July 2012 Can Anybody help with this?



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