Stipend received in cash

This query is : Resolved

Guest

Guest (Querist)

29 April 2015 Stipend has received in cash. Institute is seeking for proof of stipend. what shoud be presented as proof and what consequences it has.......please advise

CA AnKiT BoHrA (AB)

CA AnKiT BoHrA (AB) (Expert)
Follow

30 April 2015 why u had received it in cash... when it is clearly mentioned that it should b in a bank a.c....

Dont u have any receipt signed or something

Message likes : 1 times

Guest

Guest (Querist)

30 April 2015 yes there are receipts....but institute is seeking for bank
pass book

CA AnKiT BoHrA (AB)

CA AnKiT BoHrA (AB) (Expert)
Follow

30 April 2015 obviously they wil ask for pass book... Because they want it to b in bank... Why u dont hv bank

or whats the true reason for getting stipend in cash dear

Guest

Guest (Querist)

30 April 2015 it was simply due to unaware of the fact on article part.......please provide solution for the situation, the facts have been told. what can be done to avoid further consequences

CA AnKiT BoHrA (AB)

CA AnKiT BoHrA (AB) (Expert)
Follow

30 April 2015 Your CA must take care of these things... Now simply there are no options as such... Tell icai that u had received stipend in cash due to not awaring of this facts.. and also send all the proper receipts to them...!!

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now