Transfer of articleship

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

18 March 2014 1) I'd registered for my articleship on 15th April 2013.

Now I want to take a transfer. My boss is ready to give transfer provided that I work till 14th April. I'm okay with working till 14th April.

As per the rules we can take transfer within 1st year so will I be eligible to take a transfer exactly on 14th April 2014?

Fill I face any problem?

2)My current firm is in my hometown, ie, Khandala, where there isn't enough exposure o te articles so I'm taking a transfer to Pune city.
The distance between Khandala and Pune is 62 kms. There is a good local train facility which helps for easy transport.

Will ICAI raise any issue if I take transfer to Pune city?

(a friend of mine was telling me about some 50kms rule. I dont know about it, please explain if any such rule exists).

Nikhil Kaushik

Nikhil Kaushik (Expert)
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18 March 2014 as long as you take transfer within first year of articleship, there is no restriction on where you after taking termination with current firm

Querist : Anonymous

Querist : Anonymous (Querist)

18 March 2014 you did not answer my first point.
please answer in detail..

is it ok to take a transfer on 14th April because it is exactly 1 year?

Nikhil Kaushik

Nikhil Kaushik (Expert)
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18 March 2014 well 14 is not an issue as it is still within the first year. but for safety sake, you can ask your CA to sign the documents a bit back-dated like 9/10 April

Querist : Anonymous

Querist : Anonymous (Querist)

18 March 2014 Why?
Whats the problem on 14th of April?

Nikhil Kaushik

Nikhil Kaushik (Expert)
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18 March 2014 pleas read the first line of my reply.

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