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Priyadharshini (Student) (33 Points)

07 July 2019

What form should be submitted to the icai if the auditor begins another business called starting institute for ca class.

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Krishna Chaudhary (Accountant) (4531 Points)
Replied 08 July 2019

as per chartered accountant act 1949,there are some professional ethics which governs the profession of chartered accountancy. so when you are a practicing chartered accountant and and you are going to start your own private coaching classes. as per the act if you are going to to teach in a private coaching institute you don't need to take permission from the council of ICAI because it is permitted under general permission. but as a practicing chartered accountant if you are a whole time tutor you need to take special permission from the council of ICAI.