is it compulsory to give bank details in form 108 .
thankyou
3 Replies
CA SENTHIL PRABHU
(CHARTERED ACCOUNTANT)
(132 Points)
Replied 26 February 2012
Yes.. it is the proof for payment of stipend by your principal..its just a formality to mention ...ICAI will not verify whether stipend is credited in your account or not.. .
rohit
(student)
(360 Points)
Replied 26 February 2012
I didnt provide anything in mine. And it went well. So i guess it is not required
nupura
(CA)
(140 Points)
Replied 26 February 2012
no it is not compulsory....if your Principal is paying ur stipend by cheque no need to give bank account details but if ur stipend is directly deposited by ur Principal to your bank account then only bank account details are required.
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