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stipend

CA Final 717 views 4 replies

hello,

can any1 tell me dat is it necessary to receive the stipend through cheque.

I mean smtimes my CA give me simply cash as stipend.  Is it compliance of the CA regulations??????????

thanxs

Regards

Replies (4)


Dear Dolly,

Sitfund can be paid by giving cheque or depositing the cash in to the student bank a/c. Principal cannot pay stifund in cash.

Stipend may be paid sometimes in cash also. that depends upon the urgency of money. i had also received stipend many times in cash during my articleship. itna to chalta hai...... 

thanx to both of u

auditor did not give cheques 4 stipend till but completed my articleship. so my auditor tell me that in filling 108 we did not mention bank a/c no but we write cash paid in that bank a/c no column. is cash paymemt of stipend allowed.i have bank a/c . if i will write bank a/c no, is it become problem please help me


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