06 December 2011
Can a CA who is not holding a certificate of practice structure the receipt from his employer as professional fees or retainership fees etc or will it amount to any violation of the chartered accountants act 1949 and schedules thereto?
07 December 2011
If you are employed with a company & the relation between you and the company is like employee-employer relationship, any fees, retainership etc, will be treated as salary.
07 December 2011
The employment is with a CA firm and it can be proved that its a professional engagement, my main question is whether showing it as professional income with holding a COP is an offense and whether provisions of sec 2(2) of the CA act which envisage deemed practice can be invoked in such a case.