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Your Answer

Question ID : 44623

082701

Can We retain our Proprietorship firm and become part of CA Network or LLP

Posted by Mahesh Kumar on Mar 21, 2024

Filed Under DIRECT TAXES

Answer ID : 85356

Yes

Posted by SURAJ KUMAR CHOUDHARY on Mar 21, 2024
Answer ID : 85369

Yes. Proprietorship firm can be retained and you can associate with CA network or LLP. But as per revised norms for MEF, at least two partners of the firm should be exclusively associated with the firm .

Posted by CA. chunauti dholakia on Mar 26, 2024