Stock trading with CA Articleship

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This discussion clarifies whether CA Articles are permitted to engage in stock trading during their articleship. While investing in shares for capital gains is generally allowed, the primary concern is managing trading hours (9:00 AM - 3:30 PM) which clash with typical office timings (10:00 AM - 6:00 PM). It's suggested that trading can be done before or during lunch breaks to avoid conflicts.

Gautam Pahuja

Gautam Pahuja (Querist)

30 May 2023 Is it true that the CA Articles are not allowed to be engaged in stock business or stock trading simultaneously with the CA Articleship?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

30 May 2023 He can buy and sell the shares in the stock market as investment for which capital gains tax applicable.

Gautam Pahuja

Gautam Pahuja (Querist)

31 May 2023 But how can I manage to be engaged in stock trading in the regular trading hours(which is 9:00 PM TO 3:30 PM) if suppose my office timings are 10:00 AM TO 6:00 PM? Do I need any special approval if the office timings for articleship are clashing?

Gautam Pahuja

Gautam Pahuja (Querist)

31 May 2023 *Correction Stock working hours for regular hour's trading : 9:00 AM TO 3:30 PM

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

31 May 2023 Do it between 9am and 10am and during lunch hours.

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Gautam Pahuja

Gautam Pahuja (Querist)

01 June 2023 Thanks, I'm glad you resolved by queries!

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)