Share trading

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Querist : Anonymous

Querist : Anonymous (Querist)

19 October 2015 can a ca in practice do intra day share trade?

CA AnKiT BoHrA (AB)

CA AnKiT BoHrA (AB) (Expert)
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20 October 2015 I don't think there is any restrication in doing this...!!!!!!!

Querist : Anonymous

Querist : Anonymous (Querist)

20 October 2015 Thank you sir. will it not attract professional misconduct clause which prohibits members from carrying on any other business or vocation?

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CA AnKiT BoHrA (AB)

CA AnKiT BoHrA (AB) (Expert)
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27 October 2015 in mah view.. not. stil wait for more expert comments in this regards.. because mostly ca does this

Querist : Anonymous

Querist : Anonymous (Querist)

30 December 2015 Can a CA in practice do share trading? will the turnover in share trading attract section 44AB? If it attracts section 44AB, will it amount to carrying on of business ? Is it permissible for CAs in practice?