Question ID : 41021

Whether CA in full-time practice can be a paid assistant in another CA firms with his Full-time stat

Whether CA in Full time practice be a paid assistant for another CA Firms. However, such CA is working as a Consultant & remuneration paid to him is subject to TDS u/s 194J. Even his appointment letter contains only professional fees & no other benefits like PF, Bonus etc. In such a situation whether the COP of CA would be Full time or part time status as per CA regulations. Kindly provide your thoughts.

No. One full time practitioner CA cannot be a paid assistant of another CA firm. Definitely he/she can provide their services as an independent professional to another CA firm for that he/she shall have to raise their bill on each assignment basis and other firm shall deduct TDS under section 194J , otherwise his practice shall be counted as part time practice.