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Questions › Category: CA-Final Prof Ethics › Does charging of fee on Percentage basis on amount of loan sanctioned amount to professional misconduct?
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Ashish PatelAshish Patel asked 5 years ago
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RaviRavi Staff answered 5 years ago

no not a misconduct, percentage basis is allowed on fundraising activities.

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RaviRavi Staff answered 3 years ago

change in opinion refer this link

Professional ethics Schedule 1 part 1 clause 10 fees charged on % basis for loan sanctioned will be covered under fund raising services or not