CA Lokesh Pokharna (CA (Ahmedabad Bhilwara Chittorgarh)) (4128 Points)
27 September 2012Hello friends & members,
Whether a part time cop holder is eligiible as per code of ethics to tag his firm name board at reg. place?????????????? & is there is any permission required or not??????????????
CA AYUSH AGRAWAL
(Kolkata-Pune-Mumbai)
(26986 Points)
Replied 27 September 2012
Dear Lokesh Bhai...
Part Time COP Holder Can be Partner in Firm, as Bookish Purpose Only.
Cant Form His Own Prop Firm, So That Question Doesnt Arise.
and if He is Partner in any Firm, Then Can Only Show His Name With Addiding CA.
CA Lokesh Pokharna
(CA (Ahmedabad Bhilwara Chittorgarh))
(4128 Points)
Replied 27 September 2012
But ayush, i inquired at icai & they are saying you can do it.... lets see i have to check once again with icai .............
CA Lokesh Pokharna
(CA (Ahmedabad Bhilwara Chittorgarh))
(4128 Points)
Replied 27 September 2012
Ayush, means a part time have to become partner, he cant open his own firm just for display purpose?????????
CA Lokesh Pokharna
(CA (Ahmedabad Bhilwara Chittorgarh))
(4128 Points)
Replied 27 September 2012
Ayush, means a part time have to become partner, he cant open his own firm just for display purpose?????????
one more qusetion- can two part time cop holder form partnership firm??????????
CA Pooja Agarwal
(Chartered Accountant)
(3228 Points)
Replied 27 September 2012
what is part time cop holder???...is that allowed?
CA AYUSH AGRAWAL
(Kolkata-Pune-Mumbai)
(26986 Points)
Replied 27 September 2012
In Your Own Name Part Time COP Holder Cant Open His Own Prop CA Firm
CA Lokesh Pokharna
(CA (Ahmedabad Bhilwara Chittorgarh))
(4128 Points)
Replied 27 September 2012
yes part time cop allow for employment members,
CA Pooja Agarwal
(Chartered Accountant)
(3228 Points)
Replied 27 September 2012
well...i wasnt aware of that..so can u undertake audit assignments after that?
CA Lokesh Pokharna
(CA (Ahmedabad Bhilwara Chittorgarh))
(4128 Points)
Replied 27 September 2012
means we have to work as a consultant, not as a salaried person. (in employers records) so we can grab both benefits .. full time cop & employment..
CA Lokesh Pokharna
(CA (Ahmedabad Bhilwara Chittorgarh))
(4128 Points)
Replied 27 September 2012
only benefit of part time COp is that we can use FCA prefix after 5 years..
any other activity not allowed.
Dipen
(article)
(456 Points)
Replied 27 September 2012
Dear lokesh....that means u can hold part time cop,become a partner in a firm and also be employed on salary.....is that right?
CA Lokesh Pokharna
(CA (Ahmedabad Bhilwara Chittorgarh))
(4128 Points)
Replied 27 September 2012
| Originally posted by : Dipen | ||
 |
Dear lokesh....that means u can hold part time cop,become a partner in a firm and also be employed on salary.....is that right? |
 |
Dear dipesh what you said is allow even when showing employment in records, but if wants both benefits than work as a consumtant in a co. & work as a full time practising member also.
Dipen
(article)
(456 Points)
Replied 27 September 2012
Dear lokesh....but the co wants to employ on salary basis and not as consultant......so it is better to continue as partner with part time cop.....and also as salary.....is this ok lokesh...
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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