Industrial training
This query is : Resolved
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
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Treatment of Pension ?annuity returns on PMVY
- Last year TDS Claim
- Long Term Service award taxability in hands of company
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- STCG FOR GOLD ETFs
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
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
