Industrial training

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Krishna (Querist)
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10 September 2014 I have joined my Articleship Training on October 3, 2012. I would like to undergo Industrial Training. What are the formalities that I have to do? Can I do that under Current Firm or do I have to join another Firm?
Kindly explain to me all the details regarding Industrial Training.
Thanks in advance.

Nikhil Kaushik online

Nikhil Kaushik online

(Expert)
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18 September 2014 1. it has to be done in a company and not in a CA firm

2. you will be eligible to go for industrial training on or after 3 October 2014.

3. Minimum period for industrial training is 9 months...maximum 12 months

4. you need to execute form 109 with current principal and then Form 104 with the company.

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Krishna

Krishna (Querist)
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18 September 2014 Thank You sir. But do I have to terminate my articleship with the current firm? Can I join any company?

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Nikhil Kaushik online

Nikhil Kaushik online

(Expert)
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18 September 2014 yes you will have to terminate. and you can join only those companies which are approved by ICAI

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Nikhil Kaushik online

Nikhil Kaushik online