Chartered Accountants (Amendment) Regulations, 2020.
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
NOTIFICATION
New Delhi, the 10th December, 2020
No. 1-CA(7)/197/2020.—The following draft of certain regulations further to amend the Chartered Accountants Regulations, 1988, which the Council of the Institute of Chartered Accountants of India proposes to make, is hereby published, as required by sub-section (3) of Section 30 of the Chartered
Accountants Act, 1949 (38 of 1949) for the information of all persons likely to be affected thereby; and notice is hereby given that the said draft regulations will be taken into consideration on or after the expiry of a period of forty-five days from the date on which the copies of the Gazette of India in which these draft regulations are published, are made available to the public;
Any person desiring to make any objection or suggestion in respect of the said draft regulations, may forward the same to the Council of the Institute of Chartered Accountants of India within the period so specified, addressed to the Acting Secretary, The Institute of Chartered Accountants of India, ICAI
Bhawan, Indraprastha Marg, New Delhi– 110 002;
Any objection or suggestion which may be received from any person with respect to the said draft regulations before the expiry of the period so specified will be taken into consideration by the Council.
Draft Regulations
- (1) These regulations may be called the Chartered Accountants (Amendment) Regulations, 2020.
(2) They shall come into force on the date of their final publication in the Official Gazette. - In the Chartered Accountants Regulations, 1988,-
(1) In Schedule ―A‖ to the Chartered Accountants Regulations, 1988, the following Form 18 shall be substituted:-
“ FORM ‘18’
(See Section 2(2) of the Chartered Accountants Act, 1949, Regulation 53B and Regulation 190 of the Chartered Accountants Regulations, 1988)
PARTICULARS OF OFFICES AND FIRMS
- Name of firm/trade name of Chartered Accountant in practice
- PAN number and GST Registration number of firm
- Name(s) of the proprietor/partners of firm with his/ their
membership number(s)
- (a) Date of formation of proprietory/partnership firm
(b) Date on which the present partnership was entered into
(c) Whether the partnership is supported by a Deed?
(d) Whether all the partners are sharing the profits of the firm? - Ref. No; Date and particulars of approval of trade/firm name
obtained from the Council (applicable to cases where the firm was
started on or after 1.1.1983) - Address of the Head Office of the firm/Chartered Accountant in
practice. - (a) Address(es) of the branch office(s) of the firm/Chartered
Accountant in practice, if any
(b) Date on which each branch office was opened - Name of the member, with membership number who is incharge of
each of the offices, i.e., head office and branch offices.
