I want to open a current account in name of my partnership firm but bank is asking a certificate from a CA? Can anyone provide me that ?
8 Replies
ashish gupta
( student)
(1922 Points)
Replied 28 September 2011
you should clearly ask the bank what they really want. generally they ask for an affidavit that you dont have any other current account for that business.
ARUN KUMAR
(Financial Consultant )
(992 Points)
Replied 28 September 2011
AGREE WITH ASHISH...................
C.A. Sandeep Wawhal
(CA, PGDFM, BCom)
(1831 Points)
Replied 28 September 2011
Partnership deed and Pan No. of firm is quite comman, why Certificate from C.A. is required ?
jaypreet
(Partner)
(90 Points)
Replied 28 September 2011
well they are asking for a shop and establishment certificate but as I am running a my part time business from home, so I dont want to get the certificate for my home as it might lead to many issues. so they said get in written from a CA that u r running a business.
The bank is IDBI...
ashish gupta
( student)
(1922 Points)
Replied 28 September 2011
you should ask the exact wordings to be wriiten from the bank and then get that certifed from a CA
ACCOUNTANT
(Student)
(559 Points)
Replied 28 September 2011
They need to get confirmed about ur business......
like you have to be authorised as a technocrat(person technically capable and choosing self employment) and you can even get registered under your respective state industrial department but
as from your earlier post i guess the second option to get authorised by a ca they've given you is better...
i hope my reply gives you some idea regards what you've to proceed.
arjun s
(CA Final)
(299 Points)
Replied 29 September 2011
As ur stating its ur partnership firm ur partnership agreement is a conclusive evidence for the existence of ur business and if u have any VAT registration or service tax registration that is sufficient i believe
jaypreet
(Partner)
(90 Points)
Replied 29 September 2011
I do not have a VAT registration but I have a PAN card issued in name of my FIRM.
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