Is ptec no necessary for a ca firm if partners has ptec no?

4339 views 2 replies

Sir,

The query is relating to MVAT PTEC No.

If partners have PTEC no then is there a need for a CA Firm to get the no?

 

If a new partner is admitted then which entry no is to be selected Entry No 2 as in the capacity of a CA or Entry No 19 which state that all partners of the firm should get no?

 

Thanks in advance.

 

Replies (2)

IN CASE OF PARTNERSHIP FIRM AT THAT TIME THERE IS NO NEED TO MAKE PTEC REGISTRATION OF THAT FIRM BECAUSE THE PT PAYMENT IS INDIVIDUAL LIABILITY OF PARTNERS OF THAT FIRM.

PTEC REGISTRATION IS NOT APPLICABLE TO PARTNERSHIP FIRM

PTEC IS TO THE PARTNERS ONLY AND NOT TO FIRM. HENCE THE ISSUE DOESNT ARISES OF PAYMENT OF PREC BY FIRM. 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details