Articleship stipend -manner

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Querist : Anonymous

Querist : Anonymous (Querist)

08 June 2012 Actually, my principal used to give me stipend through Cheque but now he asks office peon to deposit stipend in my bank account ........is it acceptable by institute?i m worried.,reply fast...........

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)

08 June 2012 The stipend can be paid either through cheque or diretcly deposited in the bank account of the article.

There is no problem in deposit of stipend directly.

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C.A Anshul Singhal

C.A Anshul Singhal (Expert)

08 June 2012 Stipend shall be paid on a month to month basis either by crossed account payee cheque or deposited in the bank account of the articled/audit clerk, specially opened for the purpose

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Querist : Anonymous

Querist : Anonymous (Querist)

08 June 2012 that means that there is no problem..........am i right?pls help as my office peon deposits in my account through cash deposit slip only.......Expert plz help as i m really worried

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)

09 June 2012 There will be no problem. You do not have to worry about anything.

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C.A Anshul Singhal

C.A Anshul Singhal (Expert)

09 June 2012 Yes Do not worry it's right

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Querist : Anonymous

Querist : Anonymous (Querist)

21 June 2012 Actually i got my articleship and final registration letter recently but i did not get "Permission letter" for form 112 submitted by me...actually i did not submit form 112 along with my articleship & final registration form instead i submitted it a week later...when contacted institute they say since i did not submit all the forms together ,the form 112 will take considerable time to be processed for granting 'permission letter'......what should i do now? how to know my form 112 status? or i shouldre-submit it?

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