Opening of dmat a/c

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Anshul mittra (Querist)

04 May 2015 Hi ..
wanna know that can i open dmat a/c during the ongoing period of articalship???
ICAI reuirements ,IF any ??
further if already a/c has been opened ??then what will be the consequences??

CA AnKiT BoHrA (AB)

CA AnKiT BoHrA (AB) (Expert)

04 May 2015 i dont think so there are any restrication in opening acc... u need to fil form 112 if do dealings in that...!!!

CA AnKiT BoHrA (AB)

CA AnKiT BoHrA (AB) (Expert)

04 May 2015 stil wait for some more expert views in this regards dear...!!!!!!

Anshul mittra

Anshul mittra (Querist)

04 May 2015 i have compleated 1 & half year of training so 112 had been filed by me earlier ? now again have to be filled ??

Anshul mittra

Anshul mittra (Querist)

04 May 2015 i have compleated 1 & half year of training so 112 had been filed by me earlier ? now again have to be filled ??

Nikhil Kaushik

Nikhil Kaushik (Expert)

05 May 2015 there is no need for filing any form for having a demat account or for trading in shares. even where you are dealing with F&O and intra day trades, mere treatment of the same as business as per income-tax act wont mean that you are in business as per ICAI.

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