Requirement of form no. 112

Aditi (student ) (126 Points)
Replied 27 January 2010

if u fill form 112,u cant go for regular b.com. course...u hav to go for private.....but its only if ur class timings are clashing with the articleship timings...n it usually does...

no other document is required to b registered...only the form given by icai...n cpt marksheet.

1 Like

CA Parag Jani (BCom CA DISA Forensic Auditor) (288 Points)
Replied 27 January 2010

Form no.112 is required to be executed at d time of joining articleship ONLY IN CASE YOU ARE STUDYING ANYOTHER COURSE WITH CA.ARTICLESHIP. In your case, you are planning to start your articleship after your regular college for b.com gets over. So you NEED NOT furnish Form no.112 at this moment!

And under IPCC Scheme, Articleship begins after passing 1st Group and not before that!

1 Like

Abhinav Aggarwal (STUDENT/ARTICLE ASSISTANT) (359 Points)
Replied 27 January 2010

thanks parag thanks aditi

Abhinav Aggarwal (STUDENT/ARTICLE ASSISTANT) (359 Points)
Replied 27 January 2010

but i deposit fess of Rs.12000 which includes articleship fees also.

it is required to submit separate form before starting articleship?

CA CS Anshul A. Agrawal (Faculty & Branch In-Charge at Zaware's | Ex-Vice Chairman Pune WICASA of ICAI) (191 Points)
Replied 27 January 2010

Dear Friend,

Form No.112 is required too be filed only then when an ARTICLE ASSISTANT is undergoing any other course other than Chartered Accountancy (eventhough it is Graduation).

The regulations talks the following w. r. t. Form No. 112:

1. It is required to be filed only by an ARTICLE ASSISTANT i. e. an IPCC student, who passes either FIRST or BOTH the groups and register himself/herself as an article assistant within the meaning of The Chartered Accountants Regulations, 1988.

2. It is required to be filed when a student i. e. an article assistant persues any other course along with CA. This rule is made so that the additional course opted by such article does'nt intervenes in his/her regular office timings and one must take his/her articles training seriously.

3. The regulations further states that a student can persue only ONE course along with CA along with CA.

OPINION: As mentioned above Form No.112 is to be filed by only an article assistant but, let me be very clear it is a CONDITION and not RESTRICTION i. e. as in your case eventhough you have opted for Graduation before commencement of your articles training, as an ideal students you must file duly filled Form No. 112 now only. There is no penaly, as of now for delay in furnishinh the said form, until and unless you are not an article assistant but, once you have registered for articles training and you are regarded as an articles assistant and if then you make any delay in filing this form then the penaltie(s) are applicable to you.

I hope I have made it very clear. Feel free to communicate.

Regards,

MR. ANSHUL A. AGRAWAL

| Vice Chairman | Pune WICASA of ICAI |

+919096460464

anshulagrawal @ icai.org

CA CS Anshul A. Agrawal (Faculty & Branch In-Charge at Zaware's | Ex-Vice Chairman Pune WICASA of ICAI) (191 Points)
Replied 27 January 2010

Dear Friend,

Form No.112 is required too be filed only then when an ARTICLE ASSISTANT is undergoing any other course other than Chartered Accountancy (eventhough it is Graduation).

The regulations talks the following w. r. t. Form No. 112:

1. It is required to be filed only by an ARTICLE ASSISTANT i. e. an IPCC student, who passes either FIRST or BOTH the groups and register himself/herself as an article assistant within the meaning of The Chartered Accountants Regulations, 1988.

2. It is required to be filed when a student i. e. an article assistant persues any other course along with CA. This rule is made so that the additional course opted by such article does'nt intervenes in his/her regular office timings and one must take his/her articles training seriously.

3. The regulations further states that a student can persue only ONE course along with CA along with CA.

OPINION: As mentioned above Form No.112 is to be filed by only an article assistant but, let me be very clear it is a CONDITION and not RESTRICTION i. e. as in your case eventhough you have opted for Graduation before commencement of your articles training, as an ideal students you must file duly filled Form No. 112 now only. There is no penaly, as of now for delay in furnishinh the said form, until and unless you are not an article assistant but, once you have registered for articles training and you are regarded as an articles assistant and if then you make any delay in filing this form then the penaltie(s) are applicable to you.

I hope I have made it very clear. Feel free to communicate.

Regards,

MR. ANSHUL A. AGRAWAL

| Vice Chairman | Pune WICASA of ICAI |

+919096460464

anshulagrawal @ icai.org

Abhinav Aggarwal (STUDENT/ARTICLE ASSISTANT) (359 Points)
Replied 27 January 2010

thanks sir

but can u clearly tell me that i fill the form now or at the time when i start my articleship .

this doubt comes to my mind because i submite Rs.12000 as my IPCC registeration which also includes registeration fees for articleship......

so please help me because i don't want any problem in future

(Guest)

u first clear 1st grp of IPCC,then register for articleship by filling form no.103 & 102 ( deed between u and ur principal).At the time depositing 103,please deposit form no. 112

PB1701 (STUDENT) (32 Points)
Replied 25 July 2010

Hello,

Can any1 pls guide me....

I had cleared CPT and opted for B.Com (H) from a regular College..and simultaneously for IPCC.will i be reqd to fill form 112 rght now..

and can i continue regular college if i take a written undertaking from my CA when my articleship starts....

pls its urgent

dipak (Ass.accountent) (25 Points)
Replied 18 May 2013

respected sir,

i am an article student passed ipcc both group in nov-2011.after that i joined f.y.bcom regullar cource & haven't submitted form no 112 yet.i am planning to go for externally sy&ty bcom.even @ f.y.bcom my college timing are not clashing with my articleship timming.m horrified with this dogma.plz anyone who can help do advice whether to submit form 112 or not.

tnx.