Can ca own commericial vehicle
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 April 2012
Can Non-Practicing Chartered Accountant own a commercial vehicle and take a loan on that even if he doesn't use it but give it on lease to somebody else???
CA Prashant Gupta
(Expert)
28 April 2012
Yes, he can do so. no restriction on that.
If a member does not hold COP, there is no restriction to do any business or service.
If a member does not hold COP, there is no restriction to do any business or service.
09 May 2012
with COP - No
Without COP - Yes
But is this the standard of CA that he is to own a commercial vehicle?
Without COP - Yes
But is this the standard of CA that he is to own a commercial vehicle?
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