Job and practice do same time

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

28 March 2012 Sir i am working in software company and they don't deduct any PF and ESI and deduct TDS as 10% as professional charges as per income tax am i eligible for practice as chartered accountant? and any condition to put up practice?advice me? please urgent?
can i take salary in salary account or check advice me ?

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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28 March 2012 Since you are not an employee and TDS is deducted u/s 194J (professional receipts), you can practice as a CA.

You are NOT employed elsewhere and accordingly you DO NOT violate the provisions of the CA Act.

Take the payment through cheque and not in your salary account.

I would like to ask here how have you opened a salary account since you are not an employee?

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