Partnership by a practising CA
This query is : Resolved
15 August 2010
Hi,
Pls let me know if a practising CA can enter in to a partnership and share profits with a professional, as recognised by ICAI as said in the code of ethics? (I could not remember the correct clause)
I mean, whether he can share profits with a MBA Graduate.
please let me know the list of specified persons, as on this date, as per the council of the institute.
Pls let me know if a practising CA can enter in to a partnership and share profits with a professional, as recognised by ICAI as said in the code of ethics? (I could not remember the correct clause)
I mean, whether he can share profits with a MBA Graduate.
please let me know the list of specified persons, as on this date, as per the council of the institute.
15 August 2010
CA can share profit only with CA.
15 August 2010
Practising member is prohibited to enter into partnership with any person other than a practising member or members of recognised foreign professional bodies.
Clause 4 of part 1 of first schedule.
Clause 4 of part 1 of first schedule.
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15 August 2010
Thanks to Aditya for more clarification.
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