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Form 112 related query

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 asked

Sir/madam, I had started my articleship on 09.08.2014 and till that date I didn't join any college for graduation. But on Nov. 2014 I had enrolled in a correspondence Bcom course as I was late to get admission in any regular college.Then after passing Bcom 1st year in correspondence I had converted from correspondence to regular BCom as in my university one can convert from correspondence to regular in 2nd year and finally get a regular degree. BCOM 1st year reg. date- 25.11.2014 BCOM 2nd year reg. date- 29.07.2015 But till date I haven't submitted FORM 112. Experts please guide me and do answer the following questions:- Is there any consequences of late filing of form 112, other than late fees?

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4 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Same query ..... Dear plz tell me what you do for this form 112 ...because i also not send form 112 as the same situation related to yours

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

In case the articled assistant is pursuing other Course through correspondence / Non-Collegiate, he is required to attach the copy of the registration letter from the University in this regard. In case a student does not comply with the above requirements or violates any of the above guidelines, his /her article ship period shall not be recognised.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

each articled assistant registered on or after 1st April, 2008 shall now be required to obtain specific permission from the ICAI for pursuing graduation or other course as permitted under the Chartered Accountants Regulations by submitting Form No. 112, within one month from the date of joining the College or course to the ICAI. In case the articled assistant is pursuing other Course through correspondence / Non-Collegiate, he is required to attach the copy of the registration letter from the University in this regard.

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Data?1494421730 answered

Dear friend each articled assistant registered on or after 1st April, 2008 shall now be required to obtain specific permission from the ICAI for pursuing graduation or other course as permitted under the Chartered Accountants Regulations by submitting Form No. 112, within one month from the date of joining the College or course to the ICAI. In case the articled assistant is pursuing other Course through correspondence / Non-Collegiate, he is required to attach the copy of the registration letter from the University in this regard. In case a student does not comply with the above requirements or violates any of the above guidelines, his /her article ship period shall not be recognised. Form can be submitted after 180 days with 1000/- rupees late fees this is the guideline of the ICAI but there is no clarification about maximum time limit because we can send our form 112 beyond 180 delay with late fees 1000/- rupees So send your form as soon as possible with late fees Thanks

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Avichal goyal commented almost 3 years ago

Dear sir, I have heard that ICAI derecognizes the articleship period served in case of late filing of form112.Is it true? What are the options available for me?

rohit awasthi commented almost 3 years ago

there is no such provision. i suggest plz call institute helpline and talk them on this matter thanks

Avichal goyal commented almost 3 years ago

Thanks a lot for ur advice sir.

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