Articleship


This query is : Resolved 

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

28 July 2023 "Sorry, I am not a featured member."

For featured members contact....

https://www.caclubindia.com/catalogue/featured.asp


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