04 March 2008
CA in practice can take articles. MIT means CA in service and you get Industrial Training in the last year of your articleship under him. That is under the Company. Scope under IT is good in the last year. The difference is that 32 months is under CA in practice or even 42 months. But MIT can be only lat 12 months.
10 March 2008
IT is not compulsory. Total of articleship under both = 42 months. It does not change. IT cannot be imparted in CA Firm. It has to be industry.