Ca and cs both
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 August 2013
i am pursuing ca and cs both. and m not filled form 112 for declaration. because m not aware and my airticleship is completed. now what procedure to inform icai?
05 August 2013
PURSUANCE OF OTHER COURSE OF STUDIES
With the permission of the Institute a student can pursue one course of study at a time. A student has to submit application in Form No.112 to the appropriate Regional Office of the Institute seeking permission to pursue other course of study within one month of joining the college/ course. The office shall grant permission within one month from the date of receipt of Form No.112. The students currently undergoing graduation or other course under general permission, which was given for the articled assistant to pursue graduation course, is withdrawn; therefore should obtain the permission within six months of issuance of new guidelines. The students shall, however, be permitted to complete the academic session/year currently undergoing and switch over to correspondence courses or institutions where no classes are conducted between 11.00 a.m. and 5.00 p.m. on any working day. The certificate portion in Form No.112 indicating college timings etc. shall be countersigned by the Principal of the college with the seal and stamp of the college and also indicating the telephone number and full address of the college.
In the event of breach of these guidelines and not taking permission as required, the articles already undergone shall be derecognised for such period as the Institute may decide. In case an articled assistant is found not undergoing articles in the manner prescribed, he shall be debarred from appearing in the exam up to 3 consecutive exams besides cancellation of such period of articles. The concerned member who allowed him to be such an articled assistant be subject to punitive action besides withdrawing either partly or fully his eligibility to train articled assistant. In Peer Review, the Reviewer be required to verify whether training is imparted to the articled assistants in the manner prescribed.
PURSUANCE OF OTHER COURSE OF STUDIES
With the permission of the Institute a student can pursue one course of study at a time. A student has to submit application in Form No.112 to the appropriate Regional Office of the Institute seeking permission to pursue other course of study within one month of joining the college/ course. The office shall grant permission within one month from the date of receipt of Form No.112. The students currently undergoing graduation or other course under general permission, which was given for the articled assistant to pursue graduation course, is withdrawn; therefore should obtain the permission within six months of issuance of new guidelines. The students shall, however, be permitted to complete the academic session/year currently undergoing and switch over to correspondence courses or institutions where no classes are conducted between 11.00 a.m. and 5.00 p.m. on any working day. The certificate portion in Form No.112 indicating college timings etc. shall be countersigned by the Principal of the college with the seal and stamp of the college and also indicating the telephone number and full address of the college.
In the event of breach of these guidelines and not taking permission as required, the articles already undergone shall be derecognised for such period as the Institute may decide. In case an articled assistant is found not undergoing articles in the manner prescribed, he shall be debarred from appearing in the exam up to 3 consecutive exams besides cancellation of such period of articles. The concerned member who allowed him to be such an articled assistant be subject to punitive action besides withdrawing either partly or fully his eligibility to train articled assistant. In Peer Review, the Reviewer be required to verify whether training is imparted to the articled assistants in the manner prescribed.
05 August 2013
PERMISSION FOR PURSUING A COURSE ALONGWITH ARTICLESHIP [REGULATIONS 65 & 78, FORM 112].
Regulation 65 of the Chartered Accountants Regulations, 1988, reads as under.
“Without the previous permission of the Council, obtained on application made in the approved form, no articled assistant shall, during the period of his service as an articled assistant, take any other course of study or training, whether academic or professional, or engage in any business or occupation.”
It has been noticed that the students/articled assistants have not been adhering to the requirements of the aforesaid Regulations while pursuing another course alongwith articleship and have been declaring such a fact while applying for enrolment as a Member of the Institute and seeking condonation for Breach of Regulation 65/78 for having not taken the permission at the appropriate time.
The Executive Committee while considering such cases insisted that students/articled assistants to pursue only one course alongwith articleship, even that be a graduation course and seek permission of the Council by filing of Form 112 duly certified by the Principal i.e. Chartered Accountant and the Principal of the College concerned within 30 days of taking admission.
The Executive Committee has further noted that the additional course(s) has / have been pursued by the students / articled assistants in violation of the provisions of Regulation 65 / 78 and directed that all requests be dealt with, in terms of the guidelines, provided herein below:
Period of Delay Condition(s) to be complied with by the student for condonation of delay in filing of Form 112. Upto 1 year Condone the breach of Regulation 65 and enroll after three months from the date of the meeting at which a decision is taken for condonation. More than 1 year but Condone the breach of Regulation 65 and enroll after six upto 3 years months from the date meeting at which a decision is taken for condonation.
More than 3 years but Condone the breach of Regulation 65 and enroll after one year upto 5 years from the date of the meeting at which a decision is taken for condonation. More than 5 years but Condone the breach of Regulation 65 and enroll after two years upto 7 years from the date of the meeting at which a decision is taken for condonation. More than 7 years but Condone the breach of Regulation 65 and enroll after two years upto 10 years from the date of the meeting at which a decision is taken for condonation as well as on completion of the Three Months’
Residential Course.
More than 10 years Condone the breach of Regulation 65 and enroll after three years
from the date of the meeting at which a decision is taken for condonation as well as on completion of the Three Months’
Residential Course.
It is clarified that similar provisions shall apply to the audit assistants mutatis mutandis.
PERMISSION FOR PURSUING A COURSE ALONGWITH ARTICLESHIP [REGULATIONS 65 & 78, FORM 112].
Regulation 65 of the Chartered Accountants Regulations, 1988, reads as under.
“Without the previous permission of the Council, obtained on application made in the approved form, no articled assistant shall, during the period of his service as an articled assistant, take any other course of study or training, whether academic or professional, or engage in any business or occupation.”
It has been noticed that the students/articled assistants have not been adhering to the requirements of the aforesaid Regulations while pursuing another course alongwith articleship and have been declaring such a fact while applying for enrolment as a Member of the Institute and seeking condonation for Breach of Regulation 65/78 for having not taken the permission at the appropriate time.
The Executive Committee while considering such cases insisted that students/articled assistants to pursue only one course alongwith articleship, even that be a graduation course and seek permission of the Council by filing of Form 112 duly certified by the Principal i.e. Chartered Accountant and the Principal of the College concerned within 30 days of taking admission.
The Executive Committee has further noted that the additional course(s) has / have been pursued by the students / articled assistants in violation of the provisions of Regulation 65 / 78 and directed that all requests be dealt with, in terms of the guidelines, provided herein below:
Period of Delay Condition(s) to be complied with by the student for condonation of delay in filing of Form 112. Upto 1 year Condone the breach of Regulation 65 and enroll after three months from the date of the meeting at which a decision is taken for condonation. More than 1 year but Condone the breach of Regulation 65 and enroll after six upto 3 years months from the date meeting at which a decision is taken for condonation.
More than 3 years but Condone the breach of Regulation 65 and enroll after one year upto 5 years from the date of the meeting at which a decision is taken for condonation. More than 5 years but Condone the breach of Regulation 65 and enroll after two years upto 7 years from the date of the meeting at which a decision is taken for condonation. More than 7 years but Condone the breach of Regulation 65 and enroll after two years upto 10 years from the date of the meeting at which a decision is taken for condonation as well as on completion of the Three Months’
Residential Course.
More than 10 years Condone the breach of Regulation 65 and enroll after three years
from the date of the meeting at which a decision is taken for condonation as well as on completion of the Three Months’
Residential Course.
It is clarified that similar provisions shall apply to the audit assistants mutatis mutandis.
05 August 2013
YES YOU CAN INFORM NOW
AND YOUR MEMBERSHIP MAY BE DELAYED FOR YOUR DELAYED INTIMATION
CONSEQUENCES WILL BE AS PER CA REGULATIONS 65& 78
http://www.icai.org/new_post.html?post_id=4998
http://www.icai.org/new_post.html?post_id=6014
Thanks & regards
Ganesh babu k
AND YOUR MEMBERSHIP MAY BE DELAYED FOR YOUR DELAYED INTIMATION
CONSEQUENCES WILL BE AS PER CA REGULATIONS 65& 78
http://www.icai.org/new_post.html?post_id=4998
http://www.icai.org/new_post.html?post_id=6014
Thanks & regards
Ganesh babu k
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 August 2013
whose sign form 112 ? because my airticleship is completed. and if any penalty? then how much. and what enclose with form 112 ?
07 August 2013
I am sure you have no seen links provided above
penalty is in a way like delay in membership.
penalty is in a way like delay in membership.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Required to submit form 10IEA_fy 24-25
- Error whilst validation
- Rebate u/sec. 87A manually
- ITR2 Not Validating Short Term Capital Loss as value less than zero
- IGST Refund pending since June 2022.
- TDS deducted in different section but Deposited in a Single section via Single challan
- SALES MADE THROUGH E COMMERCE OPERATOR 9(5)
- SFT Mismatch
- Treatment of Profit on sale of fixed assets
- Procedure and Documents Required for Release of FD from DVAT
- How to Handle Wrong TDS Credit and PAN Mismatch in Doctor-to-Doctor Hospital Rent Agreements (Sectio
- LTCG as per AIS portal
- ITR-4 VALIDATION ERROR
- HSN details in Table 12 for gstr1
- GSTR ITC relationship
- Profit transfer entry from one branch to head office branch
- RCM on affiliation fees paid to foreign educational institution
- E proceeding query u/s 143(2) for a.y. 24.25
- REQUEST FOR HELP IN TALLY THE BALANCE SHEET
- Non- payment of GST on supply of services- reg
Trending Online Classes
CAclubindia
