Dummy partnership

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

30 September 2014 Actually my ca told me that if u want to do the job here then apply for full time cop but u will not become the partner of this firm and i will give you Rs30,000 for your work . How can this possible even after applying full time cop but i will not become partner . please help me . tell me this will create any problem in future or any fraud. What is in his mind ? what is his planning ?

Nikhil Kaushik

Nikhil Kaushik (Expert)

30 September 2014 paid assistants are allowed to hold COP.

how is it linked to dummy articleship though?

CA SANDESH MAHIPAL

CA SANDESH MAHIPAL (Expert)

30 September 2014 There seems no planning. A full time cop holder ca can become an employee in ca firm. You can do your own practise also.

Querist : Anonymous

Querist : Anonymous (Querist)

30 September 2014 actually i asked from icai staff and they told me that if u take full time cop then u can not do job on paid basis in ca firm . in this u have to become a partner of this firm . if u do not want to become partner in this firm and do job on paid basis then take part time cop .

i ask 1 thing more if i take cop for that firm then he give me 30000 for my work and my cop. is this sufficient or i take any % of work also

Nikhil Kaushik

Nikhil Kaushik (Expert)

01 October 2014 ICAI official is wrong..........

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