Practice in a firm?
This query is : Resolved
15 November 2010
I just have got the membership number and have also got full time COP but have not yet registered my firm with ICAI. Please tell me whether there is any benefit of doing practice by creating a proprietory firm or just continue practice with my name.
17 November 2010
It is always benefical to register your proprietor firm instead of doing practice in individual name. In bank audit as well as goverment audit it is more benefical that you carry your practice in the name of propritory instead of your individual name.
18 November 2010
Agree with expert...
Dear Deepak,
For a good start of your career i would advise you to join a good reputed CA firm...brush up your skills...enjoy the work load...create new relations...learn how to handle and deal with clients...after that register and practice under your own firm.
All the Best
Dear Deepak,
For a good start of your career i would advise you to join a good reputed CA firm...brush up your skills...enjoy the work load...create new relations...learn how to handle and deal with clients...after that register and practice under your own firm.
All the Best
18 November 2010
As usual agreed with Ankur.
In my opinion, If you want to have general practice, firm may be useful And if you are expertising in any specific field (service tax, DT,VAT etc.,)better to be in individual's name.
In my opinion, If you want to have general practice, firm may be useful And if you are expertising in any specific field (service tax, DT,VAT etc.,)better to be in individual's name.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- ITR-3 File/Error Found
- ASMT-10 received from A O
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- GST ON TRAVELLING BILLS
- Average Cost Of High Quality Diamonds
- Due Date Clarity
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
