Industrial training
This query is : Resolved
CA R SEETHARAMAN
(Expert)
25 February 2016
No fees payable for industrial training but you will be paid for sevices rendered.
25 February 2016
so as we have to pay articleship fee rs 2000 no such fee is there for industrial training?..
01 August 2024
Yes, there is a fee for industrial training, but it is different from the articleship fee. Here’s a breakdown:
### **Articleship Fee vs. Industrial Training Fee:**
- **Articleship Fee:**
- **Amount:** ₹2,000
- **Purpose:** This fee is paid to ICAI for registering your articleship and covers administrative costs related to your articleship training.
- **Industrial Training Fee:**
- **Amount:** Typically, there is no separate fee specifically designated for industrial training. The industrial training is generally a part of your articleship period, and the administrative aspects related to it are usually included in the overall articleship fee.
- **Forms:** When you apply for industrial training, you need to submit Form 109, but this does not incur an additional fee.
### **Important Points:**
1. **No Separate Fee:**
- There is generally no separate fee for industrial training beyond the articleship fee you’ve already paid.
2. **Forms and Documentation:**
- Ensure that you correctly fill out and submit Form 109 and any other required documents related to industrial training.
3. **Training Approval:**
- Make sure the organization where you are undertaking industrial training is approved by ICAI.
### **Procedure:**
- **Submission:**
- Submit Form 109 along with other required documents (such as a letter from your current principal) to ICAI.
- **No Additional Cost:**
- Beyond the regular articleship fee, there are typically no extra charges for the process of industrial training.
Always check with ICAI or your regional office for the most up-to-date information regarding fees and procedures, as policies can change.
### **Articleship Fee vs. Industrial Training Fee:**
- **Articleship Fee:**
- **Amount:** ₹2,000
- **Purpose:** This fee is paid to ICAI for registering your articleship and covers administrative costs related to your articleship training.
- **Industrial Training Fee:**
- **Amount:** Typically, there is no separate fee specifically designated for industrial training. The industrial training is generally a part of your articleship period, and the administrative aspects related to it are usually included in the overall articleship fee.
- **Forms:** When you apply for industrial training, you need to submit Form 109, but this does not incur an additional fee.
### **Important Points:**
1. **No Separate Fee:**
- There is generally no separate fee for industrial training beyond the articleship fee you’ve already paid.
2. **Forms and Documentation:**
- Ensure that you correctly fill out and submit Form 109 and any other required documents related to industrial training.
3. **Training Approval:**
- Make sure the organization where you are undertaking industrial training is approved by ICAI.
### **Procedure:**
- **Submission:**
- Submit Form 109 along with other required documents (such as a letter from your current principal) to ICAI.
- **No Additional Cost:**
- Beyond the regular articleship fee, there are typically no extra charges for the process of industrial training.
Always check with ICAI or your regional office for the most up-to-date information regarding fees and procedures, as policies can change.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
