I have a query relating to the submission of Form 104 for beginning my Industrial training. The ICAI website says that an agreement needs to be executed between the student and the company or a stamp of the requisite value needs to be affixed on Form 104 before submitting it to ICAI. Can someone please elaborate what is the procedure for this. Is an agreement mandatory? If yes, what should the agreement say and what value of stamp paper should it be executed on? If I affix a stamp only (and don't execute the agreement) would that suffice? In that case, what should be the value of the stamp which needs to be affixed on Form 104?
Any help on this would be really appreciated as I need to initiate my industrial training within 1-2 days.