Is a practising CA can get leasing rights of mines in his name. If yes then can he continue the mining bussiness in his name or sublease the same to his relative
BhagyaLAkshmi,FCA (Proprietor) (39 Points)
14 April 2016Is a practising CA can get leasing rights of mines in his name. If yes then can he continue the mining bussiness in his name or sublease the same to his relative
ACCOUNTANT
(Student)
(559 Points)
Replied 14 April 2016
no
there are restriction on the activities a practising chartered accountant may engage1 into asper clause11 part3 mentioningly, misconduct on the part of a practising chartered accountant generally