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Query related to new notification issued by ICAI

30 March 2009

As per the the new notification CA students cannot take transfer when last 12 months of are remaining of the articleship period ..... so can one atleast take transfer for Industrial Training or it it is also barred by ICAI's new notification... I suppose one can do Industrial Training only for last 9-12months of pending articleship. Plz anyone has any clue abt the same

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5 Replies

koolleo87 (1268 Points)
Replied 30 March 2009

Industrial training rules are not affected by this rule..... make it a point to submit the form that you are going to do industrial training before 3 to 4 months before your starting industrial training...........

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Krunal Raichura (Financial Advisory) (2134 Points)
Replied 30 March 2009

Industrial Training provisions are untouched. I think transfer from one ca firm to the other in last 12 months wont be allowed, however, transfer from ca firm to industry for the purpose of industrial training shud be permitted.

Madhav Gupta (Article Assistant) (32 Points)
Replied 31 March 2009

Nothing was mentioned in the notification about IT one should clarify such areas DIRECTLY with Institute, i guess the best is to call them and ask them.

aarti pandey (Chartered Accountant) (40 Points)
Replied 31 March 2009

Originally posted by :koolleo87

wht type of form do we need to submit ... whether to submit it to institute or our principal as i have not even talked abt it to my principal tht i wish to do IT...and this april i will be completing my 2 yrs of articleship.?

koolleo87 (1268 Points)
Replied 31 March 2009

Give a letter to your CA that you want to pursue Industrial training...... This should be atleast 3 months before you are supposed to start industrial training......... Take an acknowledgement from your principal to this effect......If he doesnt give, tell me...I ll tell you what to do....