Clause 4 of part-i of first schedule to ca act

5325 views 2 replies
Can anyone explain what is the meaning of BOLD LETTERS PART of below sentence: Clause 4 of part 1 of sch I to CA Act: " A CA in practice is deemed to be guilty of professional misconduct if he enters into partnership with any person other than ca in practice or member of any other professional body having prescribed qualification INCLUDING A RESIDENT WHO BUT FOR HIS RESIDENCE ABROAD WOULD BE ENTITLED TO BE REGISTERED AS A MEMBER U/S 4(i)(v) ........ "
Replies (2)

Section 4(i)(v) of CA act,1949 Reproduced below:

persons shall be entitled to have his name entered in the Register:

any person who has passed such other examination and completed such other training without India as is recognized by the Central Government or the Council as being equivalent to the examination and training prescribed for members of the Institute:

PROVIDED that in the case of any person who is not permanently residing in India, the Central Government or the Council, as the case may be, may impose such further conditions as it may deem fit.

Explanation:

persons covered above may be entitled to become indian CA Subject to conditions specified therein. Even with that person also CA in practice shall not enter into partnership.

Hope it clarified your Query.


 

 

Please re check the conclusion given by you. I think it's wrongly concluded.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
11 July 2026
CA semi qualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

G A R U D & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
16 July 2026
Manager - Finance & Accounts

Aliens Group

Hyderabad

CA Final

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
14 July 2026
Senior Executive/ Manager

H S SHARMA AND CO

Pune

CA Final

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

Sahil Agarwal & Company

Mumbai

CA Inter

View Details