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Sunday, 14 January 2018

Is it necessary for a Chartered Accountant training articled assistants outside India to have a professional address in India?

Till recently, it was mandatory for a member in practice to have a professional address
in India in his own charge or in charge of another member.
However in terms of the Council decision taken at its 291st meeting held in December
2009, a member shall provide a professional address as envisaged in Regulation
2(1)(xiii) as well as an address in India.
As per the said Regulation, professional address means: -
a. an address of the place where the member is carrying on his profession ( or
where he is carrying on his profession at more than one place, the principal
place), or
b. if a member is employed, the place of employment or at his option the place of
his residence
c. the place of residence, if the member neither carried on the profession nor is
employed.
(It may please be noted that an address in India is essential in any of the situation)

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