Can one ca be partner in two partnership firms??
This query is : Resolved
30 December 2011
Hello Friendz
1.Can one CA be partner in 2 CA firms at same time
Further if yes, how it will effect his status on bank audit assignment
2. Besides partner in partnership firm can he use his own name stamp for certifying any document(i.e.if he doesnt want to use firm's stamp on that document)
Thx
1.Can one CA be partner in 2 CA firms at same time
Further if yes, how it will effect his status on bank audit assignment
2. Besides partner in partnership firm can he use his own name stamp for certifying any document(i.e.if he doesnt want to use firm's stamp on that document)
Thx
31 December 2011
Of course. Why not.
31 December 2011
Thx for the reply
I think in this overall limit of 45 tax remain be there on collective basis.
Is it so???????
I think in this overall limit of 45 tax remain be there on collective basis.
Is it so???????
31 December 2011
Yes, by virtue of clause 6.1.2 of ICAI Council General Guidelines,2008 which is reproduced below.
In computing the “specified number of tax audit assignments”, the number of such
assignments, which he or any partner of his firm has accepted whether singly or in
combination with any other Chartered Accountant in practice or firm of such
Chartered Accountants, shall be taken into account.
In computing the “specified number of tax audit assignments”, the number of such
assignments, which he or any partner of his firm has accepted whether singly or in
combination with any other Chartered Accountant in practice or firm of such
Chartered Accountants, shall be taken into account.
31 December 2011
Thanks a lot sir for reply
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Fixe term employment
- Is any professional CA is here please reply
- GST ITC REVERSE
- Reprocessing of rectification order AY 2025-26
- Gift Received from nonblood relative
- Section 50-fixed asset-->building ceases to exist
- Foreign lottery ticket bought online from India: legality, tax and consequences
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Putting a heading on received mail
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
