Professional ethics

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Tushar Garg (Querist)
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08 February 2015 As per clause 4 of part 1 of first schedule, a CA can enter into partnership with people whose qualification is recognized by the CG or the council.A past year question about partnership between CA and advocate, asking whether is it professional misconduct or not.Pankaj sir and Surbhi madam book says it is not misconduct as advocate (I.e. Bar council) is recognized by council. However, PRactice manual says that it is misconduct. Kindly clarify what to follow. Pankaj sir and surbhi madam's answer is logical and seems right, but ICAI gives mark for study mat's language. Thanks.

Amol S Joglekar

Amol S Joglekar (Expert)
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08 February 2015 So far as exam is concerned the best way would be to write the same as you wrote in querry. viz.
As per ICAI study material: It is misconduct.
However, please note that a contrary view is observed in the books by Pankaj.......etc etc...