Question ID :
40928
Can CA do practice at partnership firm as well as individual capacity
I am partner in firm. Can I do practice as partner in firm as well as individual capacity. I would wanted to sign tax audits few as a partner in firm and few as my individual capacity. Is it allowed?
Posted by
SACHIDANANDA LADE
on
Dec 25, 2020
Filed Under
Compliance
Yes, provided it must be mentioned in the partnership deed and must be intimated to ICAI at the time of registration of firm. Also, total number of tax audits signed should not exceed maximum limit. Such member is not considered as wholly associated with the firm for empanelment for bank audits.
Posted by
CA. chunauti dholakia on
Dec 29, 2020