Articleship

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neha saboo (Querist)
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12 July 2012 i'm taking transfer in my articleship but while filling the form no. 109 there is a question of bank account details but i was paid stipend in cash...!!
can u plz help me out about what to do in such cases, whether i should fill the column or keep it blank.....?

Ajay Mishra

Ajay Mishra (Expert)
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12 July 2012 Hi

As per Regulation 48, the stipend under this regulation shall be paid by the principal to the articled assistant either (a) by a crossed account payee cheque every month against a stamped receipt to be obtained from the articled assistant; or (b) by depositing the amount every month in an account opened by the articled assistant in his own name with a branch of the bank to be specified by the principal.

Why you are receiving stipend in cash form.

neha saboo

neha saboo (Querist)
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12 July 2012 Is there any other way out to this problem...?