Can a CA practicing in his individual name (without forming proprietorship/partnership firm and not opting FRN) do all the acts and functions which a CA practicing as a sole proprietor of a Firm or a partner of a Firm do?
Are there any restrictions or limitations on practicing in individual name.
Menu
CA practicing in Individual Name
Replies (1)
I can not see any limitations on practicing in Individual Name and ICAI should not place any form of limitations on practicing in individual name.
If Member is practicing in his/her Individual name and there is no FRN, Member can mention NA/Not Applicable at the place of FRN.
Only full time “Practicing Chartered accountants” with Active status can Sign/attest documents and hence can also generate UDIN. However in case of Partnership firm or LLP only signing partner can generate UDIN and no one else in behalf of the signing partner can generate UDIN. The FRN of the firm on behalf of which the member is signing the report has to be mentioned. In case there is no FRN as member as the member is signing in his individual capacity then “NA” would be mentioned.
Recent Threads
- Query of GST
- Long Term Capitalgains on sale of residential prop
- How Salaried Individuals Can Reduce Capital Gains
- NSTPI registration
- GST PAID IN DELHI
- How to Trade Forex in India?
- TDS - requirement of TDS by individual under presu
- Normal Register in GST in delhi in gujarat no rece
- ITC availment relationship
- Challan confusion in ITR B block return
Related Threads
CAclubindia
