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Whether two form 112 are required for me to submit..

sanchit modi (student) (29 Points)

28 February 2012

i have cleared ipcc grp 1 and wish to join articleship. i am also doing b.com correspondence , and CS. so please tell me if i have to submit form 112 for each of the above courses separately as there is option to mention only 1 course in form 112 .

Please reply urgently..

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5 Replies

karthik (CA FINAL CS FINAL) (41 Points)
Replied 28 February 2012

hi sanchit,

As per the institute guideliness your supposed to do only one additional course along with ca in your articleship period. so you have to decide which course are you going to continue and then send the form but you cannot persue to couses at a time in your articleship period.

regards

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Ankur Garg (Company Secretary and Compliance Officer) (114773 Points)
Replied 28 February 2012

PERMISSION TO STUDY OTHER COURSE

The articled / audit trainee cannot pursue any other educational or professional course during the period of articleship training except with the prior permission of the Institute.

Permission may be granted to an articled / audit trainee for pursuing one additional course of study at a time during the period of practical training.

However, the Council has granted general permission to trainees to pursue graduation course concurrently with Chartered Accountancy Course by students who have passed the Foundation Examination, as under :-

(i) That articled/audit assistants having joined the CA Course after passing the Foundation Examination shall generally be permitted to pursue graduation course concurrently with the CA Course without obtaining specific previous permission of the Council under Regulations 65 and 78.

(ii) That an articled/audit assistant pursuing graduation course concurrently with the CA Course shall not be permitted to join any other course until he/she completes his/her graduation course.

(iii) That for pursuing any other course of study (other than graduation course) the previous permission of the Council through filing of form 112 shall have to be obtained by the articled/audit assistants in accordance with Regulations 65 and 78.

Form 112 is required to be submitted within 30 days of joining the course with the recommendation of the principal, failing which you have to go for condonation of delay in non-submission of form.

Thanks

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