Articleship

Discussion in 'Chartered Accountant' started by Vaibhav Garg, Jan 28, 2016.

  1. Vaibhav Garg

    Vaibhav Garg New Member

    Sir,
    I have completed my articleship training on 31st October 2015 but haven't signed Form 108 from the employer. Can I do so now?
    Any issues will arise in future?
    Kindly assist me in detail.

    Thanks in Advance.
    Vaibhav Garg
     
  2. Raju Choudhary

    Raju Choudhary Active Member Staff Member

    Hi @Vaibhav Garg
    As per ICAI Rules
    The form should be submitted to the office of the Institute within 30 days. In case of delay in filing the form beyond
    the stipulated period, it has to be accompanied by a request for condonation and appropriate condonation fee as per the following schedule:

    (i) Delay upto 30 days beyond the initial period Rs. 100/-
    (ii) Delay between 31 days – 1 80 days Rs. 300/-
    (iii) Delay beyond 181 days Rs. 1000/-


    So You will require to pay condonation to ICAI.

    Check more details at http://caknowledge.in/ca-articleship-completion-form-108-complete-guide/
     
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