23 April 2014
Can any1 provide me details about Part time COP.. Presently I m doing job and want to apply for part time COP, what are various requirement i need to full fill, which form i m required to filed any other matters relating to same
Guest
Guest
(Expert)
03 May 2014
just fill the required form which u can get from icai site...
nun much required... simple formalities written there which u have to fulfilled
Querist :
Anonymous
Querist :
Anonymous
(Querist)
21 May 2014
can you please provide me detail about formalities i am suppose to fullfil
09 August 2024
To apply for a part-time Certificate of Practice (COP) as a Chartered Accountant (CA) in India, you need to follow specific procedures and fulfill certain requirements. Here’s a detailed guide on how to transition from a full-time COP to a part-time COP while you are employed:
### **Requirements for Part-Time COP:**
1. **Eligibility Criteria:** - **Full-Time Employment:** You must be employed full-time in a company or organization. The employment should be in a capacity where you are not engaged in the practice of accountancy. - **Active COP Holder:** You should be an existing COP holder, or if not, you need to apply for a COP as per ICAI guidelines.
2. **Application Procedure:** - **Form to be Filed:** To change from a full-time COP to a part-time COP, you need to fill out **Form 6**. This form is used for applying for a part-time COP and informing the ICAI about your employment status. - **Additional Information:** Include details about your employment, such as your designation and the nature of your job, in the application.
3. **Formalities and Documentation:** - **Application Form:** Download and fill **Form 6** from the ICAI website. Ensure all details are accurately provided. - **Proof of Employment:** Attach proof of your employment, such as an employment letter or contract, along with your application. - **Letter of Consent:** You might need to provide a letter from your employer stating that you are employed and that your employment does not interfere with your part-time practice. - **ICAI Fees:** Pay any applicable fees as per ICAI’s requirements for processing the part-time COP application.
4. **Prior Permission:** - **Permission from ICAI:** Generally, you are required to inform ICAI and submit Form 6. However, it’s advisable to check with ICAI directly to ensure that no prior explicit permission is needed before applying.
5. **Compliance and Restrictions:** - **Consultancy Services:** As a part-time COP holder, you can provide consultancy services but cannot engage in full-time practice. - **Representation Restrictions:** You are not allowed to represent clients before any tax authorities or regulatory bodies.
6. **Submission of Form:** - **Submission:** Submit the completed Form 6 and supporting documents to the regional office of ICAI or the ICAI head office. - **Confirmation:** After submission, follow up to ensure your application has been processed and that you have been officially recognized as a part-time COP holder.
### **Detailed Steps to Apply for Part-Time COP:**
1. **Download Form 6:** - Obtain Form 6 from the ICAI website or your local ICAI office.
2. **Fill Out Form 6:** - Provide personal details, details of your employment, and details of your current practice status.
3. **Attach Documents:** - Proof of employment (employment letter or contract). - Any additional documents required by ICAI.
4. **Submit the Form:** - Submit the completed form and documents to the appropriate ICAI regional office or head office.
5. **Pay Fees:** - Pay the required fee for the processing of your application, if applicable.
6. **Follow Up:** - Check the status of your application and ensure you receive confirmation from ICAI.
### **Useful Contacts:**
- **ICAI Head Office:** - **Address:** The Institute of Chartered Accountants of India, ICAI Bhawan, Indraprastha Marg, New Delhi – 110002 - **Phone:** - **Website:** [ICAI](https://www.icai.org/)
- **Regional Offices:** For specific regional queries, contact the respective regional office.
By following these steps, you can successfully transition to a part-time COP while managing your employment. Always ensure to stay updated with the latest ICAI guidelines and seek advice directly from ICAI if needed.