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Form 108

Chauhana (CA) (141 Points)

04 May 2012

If one is receiving artticleship stipend through crossed cheque then no need of mentioning bank a/c no. in form 108?or should one mention even then?

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11 Replies

CA M.NAGARJUNA REDDY (CHARTERED ACCOUNTANT) (591 Points)
Replied 04 May 2012

Vishal...!!!

Every one have to mention bank account number.

It is mandatory.

rohit (student) (360 Points)
Replied 04 May 2012

Didnt mention the bank details in case of mine and everything went well.

(Guest)

as sch the icai takes cases on random basis. but to be on d safer side, v shud give all d requirred details

CA Amit Talada (CA, NCFM (level IV)) (4016 Points)
Replied 06 May 2012

whats the issue in mentioning the bank account details if everything is fine????

by the way it is mandatory, dont take the risk of form being kept aside for pendency by icai,,,for being incomplete,

biswajit chakraborty (article trainee) (22 Points)
Replied 07 May 2012

i have submited form 108 to the institute after completion my articleship training.but i made an arithmetical error in the form.can i resubmit form 108?please help me........

MOHIT MITTAL (senior article) (21 Points)
Replied 07 May 2012

IF I AM LATE BEYOND 30 DAYS IN SUBMITTING FORM NO. 108 ,IS ANY OTHER FORM OR DOCUMENT REQUIRED TO BE SUBMITTED ALONG WITH IT,AND DRAFT OF WHAT AMOUNT IS REQUIRED TO BE DRAWN UPON WHOM

(Guest)

bank account is not to be mentioned only when we are receiving crossed cheque. If we are receiving stipend directly in our bank account only then it is mandatory.

Md. Rizwan Ansari (article clerk) (21 Points)
Replied 18 August 2012

i have maintened two bank in my 3.5 years of articleship but given only one bank account details in form 108 which is latest bank account would any problem arise by this.

Dheeraj (Learner) (1100 Points)
Replied 18 August 2012

@ Md. Rizwan Ansari
no, problem at all

(99% chance) most probably you will receive your articleship completion letter in one month

(1% chance) if there will be any question about stipend payment, then they will demand via letter
and you have to addressed a letter to additional secretary in same regards

Dheeraj (Learner) (1100 Points)
Replied 18 August 2012

Bank account column is mandatory to fill.
However institute check the bank account only in case of dispute
and do the scrutiny of all related things like bank account, attendance record, work diary, etc.