Scope of work

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 January 2013 Sir, I want to Know what are the scope of work for newly Qualified Chartered Accountant who have taken Practice as their profession??

Please answer..

CA Priyank Singhi

CA Priyank Singhi (Expert)
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08 January 2013 Well, to be true a CA has lots of scope in the practice field, provided you have contacts or if you are in an established firm. Else its a little difficult, especially if you are in the eastern region. However, you can help in incorporating companies, file returns, do a bit of audit work, deal in income tax, service tax apart from engaging yourself into project financing and making project reports. These are the types of work that you can think of doing to begin with.

Querist : Anonymous

Querist : Anonymous (Querist)

31 January 2013 Sir, Thank u for Previous ans. Again I have query.

There is Proprietorship Concern. The Proprietor wants to convert this into a Pvt Ltd company. He is in a manufacturing business and availing a SSI unit status from Director of Industries, he also have a exp of 10 yrs in this business which is required for Govt. tenders. Is there any way by which there benefits (exp , SSI status ) will be available to the newly incorporated company????

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
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23 July 2025 Great questions! Here’s a breakdown for you:

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### 1. **Scope of Work for Newly Qualified Chartered Accountants in Practice**

* **Incorporation of Companies:**
Helping clients set up new companies (Pvt Ltd, LLP, etc.), preparing documents like MOA, AOA, and filing with Registrar of Companies.

* **Taxation Services:**
Filing Income Tax Returns for individuals, firms, companies; tax planning; representing clients in tax assessments; GST compliance and advisory.

* **Audit Services:**
Statutory audits for companies, tax audits, internal audits, and certification work.

* **Compliance & Regulatory Work:**
Secretarial work including ROC filings, annual returns, and maintaining statutory registers.

* **Advisory Services:**
Project reports, feasibility studies, business valuations, and helping with loan proposals.

* **Indirect Tax (Service Tax, VAT, now GST) Work:**
Registration, filing returns, and advisory.

* **Others:**
Consultancy in financial management, bookkeeping, accounting software implementation, and startup consulting.

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### 2. **Converting Proprietorship to Pvt Ltd & Retaining Benefits**

* **Experience for Tenders:**
The newly formed Pvt Ltd company is a separate legal entity; generally, it **cannot claim the proprietor’s prior business experience** directly.

* **SSI (MSME) Status:**
SSI or MSME registration is specific to the entity. On conversion, the new company needs to apply afresh for MSME registration. However, some transitional benefits or recognition may depend on local authority discretion.

* **Possible Solutions:**

* **Amalgamation or Merger:** Where proprietorship business assets and operations are transferred to a company via legal agreement.
* **Declaration & Documentation:** Sometimes, tenders accept experience letters or affidavits that business experience is carried forward by the new company.
* **Consult Tender Authorities:** Specific tender conditions vary; they may allow the company to claim experience of the proprietor.

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If you want, I can help draft a checklist or template for company incorporation, or some guidance notes on MSME registration for your client. Would that help?

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