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Practice as a partner in CA firm and in proprietorship firm at the same time?


RAHUL SHARMA (student)     21 May 2020

RAHUL SHARMA
student 
 1 likes  149 points

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Can I be a partner in a CA Firm and do practice as well as a proprietorship in the name of my firm at the same time?

avater

CA (CS) Ujjwal Jindal (Owner)     21 May 2020

CA (CS) Ujjwal Jindal
Owner 
 49 likes  885 points

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Yes this is possible. However total limit on assignments shall be taken after combining the ones done under your own firm and the partnership firm.

avater

RAHUL SHARMA (student)     21 May 2020

RAHUL SHARMA
student 
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Thank you sir for such information ,

Is there any special process for such partnership or we can just do just by partnership deed ?

avater

CA (CS) Ujjwal Jindal (Owner)     21 May 2020

CA (CS) Ujjwal Jindal
Owner 
 49 likes  885 points

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This can be done by the deed. The person who constituted the firm with ICAI shall add you their new partner via SSP. Thats all.

avater

RAHUL SHARMA (student)     21 May 2020

RAHUL SHARMA
student 
 1 likes  149 points

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And there will no effect on standing of my prop. firm right sir?

 

avater

CA (CS) Ujjwal Jindal (Owner)     21 May 2020

CA (CS) Ujjwal Jindal
Owner 
 49 likes  885 points

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Yes. That would remain unaffected.

avater

RAHUL SHARMA (student)     21 May 2020

RAHUL SHARMA
student 
 1 likes  149 points

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Thank u sir so much to clarify my doubts 😊

avater

CA (CS) Ujjwal Jindal (Owner)     21 May 2020

CA (CS) Ujjwal Jindal
Owner 
 49 likes  885 points

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Most welcome anytime. Stay connected on media channels.

avater

RAHUL SHARMA (student)     21 May 2020

RAHUL SHARMA
student 
 1 likes  149 points

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Sure sir please provide me ur linkedin id

avater

CA (CS) Ujjwal Jindal (Owner)     21 May 2020

CA (CS) Ujjwal Jindal
Owner 
 49 likes  885 points

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Ujjwal Jindal


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