Question ID : 2714
Consultancy Practice in Individual Capacity by Exclusive Partners - Whether allowed ?
A & Co. is a CA Firm with 2 partners eusiverly associated with the firm & no partner is carryg out dividual practice. Now sce service tax is levied on all services rendered by a CA Firm, whetehr followg pnng to avoid service tax payments is possible ?
1) Audit, certification & attion practice will be carried out the name of Partnership Firm.
2) TAxation Consultancy practice & other areas where attion by CA is not required will be carried out by partners their dividual name & bills to clients will be issued dividual name.
3) By dog so, whether exclusive assoication of the partners with the firm is affected? my opion, sce partners are not carryg out attion practice dividual name. they will steel deemed to be Exclusiverly associated with the firm & it will not affect the status of the firm as FULL TIME Partners.
Please crify.
'
No answers yet. Be the first to answer!
Please login to post your answer.