Re: filling mef 2011-12 (bank branch audit empanelment)

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 August 2011 Dear Experts & CA Professional's

Please help me in filling the MEF 2011-12 (Bank Branch Empanelment Form)

MY DETAILS ARE AS UNDER:
I have Qualified & taken COP in year 2008, till mid of 2009 i was partner is some other CA firm and thereafter create my own Sole Prop. Firm.

while filling MEF 2011-12 form, at first page "Details of the Applicant" there are 2 (two) option showing with CHECK BOX to tick on any one:

1. Yr. of Estb. of Sole Prop. Concern
2. Yr. since continuously holding COP in
Individual name.

Query:
1. In which option i have to tick (Please suggest best)

2. What is the purpose of showing above 2 (two) option in MEF??

Please guide as early as possible as there is not much time left for filling MEF.

Very thanks for reply in advance.

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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24 August 2011 it is to establish your firm's category and in your case there is hardly a difference of a year and in my opinion if you want to continue as a sole prop firm select option 2, i.e, year of establishment as the year for all credentials. it would hardly make any difference in your case.. you should be quick in submitting the form ..

if you having your sole prop. firm which approved by ICAI than tick 1.

if u r want to apply as on ur name with out any firm name than apply 2.

Please note that , there is difference in year of COP & Sole Prop. firm establishment.

1. Yr. of Estb. Sole Prop. Concern : Yr 2009
2. Yr. since continuously holding COP in
Individual name. : Yr. 2008

Which option should i select?

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