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Articleship registration (Students)

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This query is : Resolved


( Author )
07 February 2012

sir,
please give me detail about Articleship registration procedure. And from which date articleship is counted.
Thanks


Dintakurthi Tirumala

( Expert )
07 February 2012

First you and your employer has to make agreement on form 102 along with the Rs.100 stamp and then send form 103 to the ICAI by filling the details about your articleship and has to be sign on it by you and and your employer and then your employer send it to the ICAI. Articleship commencement date is on or after the date of agreement. Form 103 has to be send to the ICAI with in one month from the date of commencement of articleship.
Otherwise you liable to pay penalty and have to show some evidence like payment of staipend etc....
OM SAI SRI SAI JAI JAI SAI


Sarthak Jayant Abhyankar

( Author )
08 February 2012

when Articleship Registration fee is paid? And maxium leave available?
Thanks


Dintakurthi Tirumala

( Expert )
08 February 2012

Fee paid by DD along with the form 103 and the maximum leaves eligibility is 156 days for present scheme of articleship(i.e for 3 yrs articleship). The eligibility computation is 1/6th of the actual working days(i.e after deduction of leaves excluding holidays and adding of excess working days) For example let assume your net total leaves 156 days(after adding back of excess working days and excluding of holidays,Saturdays and Sundays) as per the ICAI you have work for 3 years of article ship i.e 365*3= 1095 days computation of eligibility leaves:
Net working days/6. Here Net working days=Total working days-leaves(above said)
Thus Net working days=1095-156=939
Eligibility leaves=939/6=156.5 days.
Note: Saturdays and Sundays also counted as in articleship because these both days are provided as leave to the student as per ICAI.
OM SAI SRI SAI JAI JAI SAI


Sarthak Jayant Abhyankar

( Author )
09 February 2012

thank u very mutch.
Gm


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