Holding COP and getting salary from CA firm

This query is : Resolved 

03 October 2010 Is it possible for a member of ICAI to hold full time certificate of practice (COP) issued by the ICAI, and work in a chartered accountant firm as an employee and get salary (taxable under section 17 of Income Tax act, 1961). Please tell me the possibility with reference of relevant ICAI regulations and/or notification etc.

03 October 2010 yes, it is possible


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