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stipend

Final 664 views 4 replies

dolly

article clerk

115 Points Joined July 2008

hello,

can any1 tell me dat is it necessary to receive the stipend through cheque.

I mean smtimes my CA give me simply cash as stipend. Is it compliance of the CA regulations??????????

thanxs

Regards

Replies (4)

Guest

Dear Dolly,

Sitfund can be paid by giving cheque or depositing the cash in to the student bank a/c. Principal cannot pay stifund in cash.

Azim Khan ACA,CS,CMA,LLB

Proprietor

1312 Points Joined January 2010

Stipend may be paid sometimes in cash also. that depends upon the urgency of money. i had also received stipend many times in cash during my articleship. itna to chalta hai......

dolly

article clerk

115 Points Joined July 2008

thanx to both of u

auditor did not give cheques 4 stipend till but completed my articleship. so my auditor tell me that in filling 108 we did not mention bank a/c no but we write cash paid in that bank a/c no column. is cash paymemt of stipend allowed.i have bank a/c . if i will write bank a/c no, is it become problem please help me