Please guide me how to fill 102 & 103 form and on which form fraklin should be done. Should the Principal complete his 3 years of his practise to take articleship training. Please Rply on urgent basis.
28 July 2024
Filing and managing the Articleship forms for Chartered Accountancy (CA) training involves understanding the requirements of the Institute of Chartered Accountants of India (ICAI). Here’s a step-by-step guide on how to fill out and submit the necessary forms:
### **Filling Out Forms 102 & 103**
#### **1. Form 102: Articleship Registration Form**
**Purpose**: This form is used for registering articleship training.
**Filling Instructions**: - **Part A**: Fill in details about the principal (the CA who will be your mentor) and their registration number. - Principal’s name, ICAI membership number, and address. - **Part B**: Details about the article. - Your name, registration number (if applicable), and contact details. - **Part C**: Details of the training. - The date of commencement of articleship and the duration. - The office address where the training will take place.
**Key Points**: - **Principal’s Qualification**: The principal must have completed at least three years of practice. If they have not completed three years, they cannot be a principal. - **Form Copies**: You need to submit three copies of Form 102. These copies are: - **Green Copy**: This is the original, which needs to be submitted to the ICAI. - **White Copy**: This is for the Principal’s office. - **Yellow Copy**: This is for the article.
**Franking**: - **Franking**: The Green copy (original) must be franked at a bank for the prescribed amount (usually ₹200). It’s required to complete the form submission process.
#### **2. Form 103: Articleship Completion Form**
**Purpose**: This form is used to inform ICAI about the completion of articleship training.
**Filling Instructions**: - **Part A**: Details about the principal and the article. - This includes names, addresses, and registration numbers. - **Part B**: Dates of articleship commencement and completion. - You must also mention the total period of training completed.
**Key Points**: - **Submission**: Submit this form to ICAI after the completion of articleship. - **Attachments**: Attach a copy of Form 102, duly signed by the principal, and a certificate of completion.
#### **Submitting Forms to ICAI BKC (Bandra-Kurla Complex) Branch**
- **Form Submission**: Submit Form 102 (in three copies) and Form 103 (after completion of articleship) to the ICAI regional office or branch, such as the BKC office if that is your regional office. - **Submission Address**: Verify the specific address for submission on the ICAI website or by contacting the ICAI branch.
#### **Form Details**
1. **Form 102**: - **Green Copy**: Submit this to ICAI with proper franking. - **White Copy**: Retain this copy with your principal. - **Yellow Copy**: Keep this copy for your records.
2. **Form 103**: - **Submission**: Submit this form to ICAI with required attachments after completing your articleship.
#### **Additional Tips**
- **Documentation**: Ensure that all supporting documents and signatures are in place. - **Timing**: Submit Form 102 as soon as the articleship begins and Form 103 immediately after completion. - **Verification**: Double-check all details before submission to avoid any discrepancies.
For specific queries related to your region or any updates in the process, it's a good idea to check directly with the ICAI or visit their official website. They may provide additional resources or guidance tailored to your needs.