hey can we take termination in first yr. what it actually mean?? plzhelp
5 Replies
Ganeshbabu K
(Audit and Tax Advisory)
(48564 Points)
Replied 27 June 2012
terimination means you are terminating articleship under present employer, for this your principal have to sign on form109, you have to request and convince your principal for getting signed,hemay ask for reason be prepared togive reason,if he signs on form 109 it is enough, your terminated from service under old employer
and then you have to re register under another employer,procedure is same,
take 102,103,no need to pay registration fee again,
thats it be prepared new employer may ask for reason for taking transfer from old firm
Vijayalaxmi Kannuri
(Job Seeker)
(31 Points)
Replied 27 June 2012
but how is diff from transfer? plz tell me?
CA SANDESH MAHIPAL
(Practicing in GST and MSME )
(1985 Points)
Replied 27 June 2012
In the current sense, termination means transfer of articleship . Termination of articleship under former CA and transfer the same to any other one.
Transfer can be taken in the first year of articleship.
Vijayalaxmi Kannuri
(Job Seeker)
(31 Points)
Replied 27 June 2012
how will termination and transfer effect the term of articleship u completed in prev firm?
CA SANDESH MAHIPAL
(Practicing in GST and MSME )
(1985 Points)
Replied 27 June 2012
You are just confusing in these terms, these terms are somewhere same.
Dont get confuse in this.
At the time of transfer from one employer to another employer, termination automatically take place at the previous employer side.
Recent Topics
- Avoiding tax audit in case of intraday equity loss
- Form 3CEAB
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
Related Threads
CAclubindia
