Jasmine KaurJasmine Kaur asked 2 years ago
1 Answers
RaviRavi Staff answered 2 years ago

objective of clause 11, is to restrict work of practising professionals to CA related work, because they hold COP and they should do justice to it. if they want to do anything else leave COP and then you are free 🙂
now family business is also other work, but still to reduce hardship, they say it can carry-on with business provided you are not actively involved. and that reasonable. now regarding point of fraud etc you can create system and do periodical supervision. fraud can happen in any entity where CA is associated, so things are not developed by ICAI keeping this thing in mind.   

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