The Institute of Chartered Accountant of India (ICAI), has notified on 8th July, 2021, that it has revised format of Form 18, which is to intimate particular of office and firms and changes thereof. Revised form 18 is applicable from 8th July 2021.
Accordingly, from now ICAI allows Multi-Disciplinary Partnership Firms. CA firms are now allowed to have partnership with CMAs, CSs, Advocates, Engineer, Architects, MBA, others permitted under section 53 B of the CA Regulations.
Regulation by which form is modified is called Chartered Accountants (Amendment) Regulations, 2021.
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