banner_ad

Bank salary account

This query is : Resolved 
Profile Image

Profile Image

(Querist)
16 July 2016 hi... I have a hdfc salary a/c opened by my previous employer... now I joined as a article student in a firm...will this a/c be eligible for my stipend? as I got a mail from bank that it is going to be converted in to normal saving a/c if salary is not credited by my employer.
Profile Image

Rachit Nagpal

Profile Image

Rachit Nagpal (Expert)
16 July 2016 Yes if it is converted as a saving account then its not been an issue.
Profile Image

Devarshi Goyal

Profile Image

Devarshi Goyal (Querist)
16 July 2016 without converting in to saving account?
Profile Image

Rachit Nagpal

Profile Image

Rachit Nagpal (Expert)
16 July 2016 I don't advise to do that.Though there is no such restriction on it. But practically salary account create doubts that you are engaged in some job with articleship.So you will be in problem on any later stage.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details