Stipend

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

12 May 2015 Dear sir/ madam

I received till now my stipend in cash , i don't know about there is a mandatory provision to receive stipend in Cheque or in Bank Account transfer. few days back i seen somewhere about this. is it mandatory to take through bank, if yes what can i do now. one year of my articles is completed

What would be the impact of this , can any one suggest me what to do now, please..

thank you

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

12 May 2015 it should be received throuch cheque or bank transfer. kindly ask your principal to atleast ensure that in future

Querist : Anonymous

Querist : Anonymous (Querist)

12 May 2015 ok sir but is there any problem because till now i was received in cash form .
if yes please suggest me any solution please sir

thank you

Upgrade to CAclubindia Pro. Subscribe Now!

Querist : Anonymous

Querist : Anonymous (Querist)

12 May 2015 From now i'll take my stipend in cheque or bank transfer form only sir,
but what would be the impact . earlier i received in cash form
is there any solution or suggestion for it. please suggest me

Thank you

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

12 May 2015 as long as you correct the future course, the past receipts in cash should not a too big an issue for you. In the articleship completion form you are just required to provide details of bank account where stipend cheques were deposited.

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

12 May 2015 ok sir , thank you very much

Online classes for CA CS CMA