Suppose there is a CA Firm with 4 Partners. having equal profit sharing ratio.
They have 2 more CA, who are in full time employment with this fitm. Now for the Audit purpose they want to show these 2 CA as their Partner, giving them 1% share in the Partnership firm.
Will these 2 newly joined CA, will be considered as Partner for Audit Allotment Purposes.
This Question, is in reference to the fact that, many a times (Like bank Audits or CAG, RBI) see the number of Partners in a CA Firm for alloting Audit. So, will introducing a Nominal partner (by giving him a miniscule of profit) help in higher rankings? for these Audit?
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