Hi frnds! During articleship can we receive the stipend in cash....my principal has given me lumpsum of Rs 10,000 at once due to my urgency.......is it allowed to take cash for stipend?
1 Replies
VARUN KAKKAR
(CA FINAL)
(151 Points)
Replied 09 January 2009
hi friend
i think you should take stiphen in cheque only as suggested by icai
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