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Industrial training querry

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Sanat Biswal

Chartered Accountant

920 Points Posted on 27 January 2016

Hello everyone..I hope all are doing great.I have a question to be clarified regarding Industrial Training.

Suppose there are 2 organisations-A & B.My principal is dealing with organisation A and has nothing to do in organisation B.During Industrial training if I wish to work for organisation B as an industrial trainee,can I do so?

If yes, then how does this whole process work,i.e. do I have to re-register myself as an industrial trainee under another principal for that time who deals with organisation B?

Does ICAI have any guidelines regarding that?

Can anyone clarify me regarding forms 103 and 104 for industrial training?

Also suppose if I work as an article in place A and I want to do my industrial training in a different place,lets say B.Does ICAI have any sort of restrictions imposed on all of this?

Thanks in advance...Have a great day.

Replies (1)

Pranshu Bansal

CA Industrial Trainee

71 Points Posted on 28 January 2016

Industrial Training is like a transfer. You get registered in a new organisation under a Chartered Accountant working in that organisation.It doesn't matter whether your principal deals with A or B. You can get registered as per the guidelines of ICAI under both A & B. Further form 108 & 104 is required in ind. training .