hello,
i wanted to know that whether a separate bank account is necessary for receiving articleship stipend?or it can be received in an existing bank account....
2 Replies
praveen
(Chartered Accountant)
(6971 Points)
Replied 26 April 2012
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There is no such requirement.
Piyush Tanwar
(Assistant Manager - Accounts)
(1432 Points)
Replied 26 April 2012
if u alreay have an existing bank account on ur name... so u can receive ur stipend through this existing bank account..!
But if u dont have any bank account, so u should first have to open ur bank account on ur name... then u can receive ur stipend through this bank acccount.!
yes, icai had made it mandatory that there must be a bank account for recieving ur stipend during articleship period for future reference.
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