What is Form 104 ICAI?

Execute Apprenticeship deed in Form 104 on a non-judicial stamp paper or affix ‘Special Adhesive Stamp’ as per rates applicable in respective city/States in duplicate and submit the same so as to reach the Institute’s office within 30 days from the date of commencement of such training, through the “Organisation” where …

Is it compulsory to do industrial training in CA?

Is it mandatory to pursue Industrial Training during the CA course? It is not mandatory to pursue Industrial Training. It is entirely up to the discretion of the candidate whether he/she wants to pursue Industrial training or complete 3 years of articleship under his/her existing Principal.

Can I do CA Industrial training?

You can directly apply in the ‘careers’ section of the company’s website where you wish to pursue Industrial training in case there is a vacancy. You can also enroll yourself on the ICAI Articleship and Industrial Training Portal to get an opportunity of pursuing articleship in the companies registered on the portal.

What is the procedure of registration for CA articleship training?

The procedure of Registration for CA Articleship Training ICAI has made it mandatory for every CA student to complete the first 2 years of Articleship Training under a practicing Chartered Accountant while last year (optional) to serve under a Chartered Accountant in service.

What is the difference between ICAI form 102 and form 103?

Form 102 “Deed of Articles” shall not be required to submit with the ICAI, although you need to get it to stamp from the regional office. While the Form 103 “Statement of Particulars of Article Assistant” shall be filled in triplicate copies out of which one will be retained by ICAI, another by Principal, and one with article assistant.

Can a CA student take the transfer in first year without ICAI?

Which means that a CA student can take the transfer in its first year without obtaining prior permission from ICAI. In addition, there is also no limit on taking transfer in the first year. One needs to submit Form 109 to the ICAI for transfer of Articleship Training.

What are the normal working hours of an articled assistant?

Although, the normal working hours of an articled assistant shall not commence after 11 AM or end before 5 PM. The average working hours of an article assistant shall not exceed 35 hours in a week excluding the lunch break but if the principal required then he can make the article assistant work not exceeding 45 hours in a week.