Actually, my principal used to give me stipend through Cheque but now he asks office peon to deposit stipend in my bank account ........is it acceptable by institute?i m worried.,reply fast...........
Chauhana (CA) (141 Points)
07 June 2012Actually, my principal used to give me stipend through Cheque but now he asks office peon to deposit stipend in my bank account ........is it acceptable by institute?i m worried.,reply fast...........
* Krishna *
(CA Student)
(6149 Points)
Replied 07 June 2012
As per ICAI rules, stipend shall be paid on a monthly basis either by crossed a/c payee cheque (or) deposited in the bank account of the articled assistant, specially opened for this purpose. So it is right in my opinion.
rashid shahidi
(student)
(26 Points)
Replied 12 August 2012
can anyone plz tell me the average stipend paid to article trainees in small & medium firms in kolkata