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Practice as a ca

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 October 2013 I want to know what are the advantages and disadvantages practicing an CA in individual capacity and in proprietership firm.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
26 October 2013 Practicing as ind or prop is one and same.

Adv is that u can get full control over all the activities u do, u can have ur own firm, u dont need to work under any1, u have freedom to start firm wherever u want , timmings u want to keep for ur firm etc as u will be ur own boss.

Disadv is that initially u have slog very hard for making clients, need to take very small work like data entry also u have to arrange for office , staff etc for all this it requires initial capital ect.
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