Articleship allowable v/s excess leave
This query is : Resolved
Shraddha B.
(Querist)
01 September 2014
I have completed 3 years of my articleship term and have taken 282 days leave.
For my excess leave calculation ICAI considers it how? , Kindly guide me,
Is allowable leave
1. 1/6th of No. of days Actually worked OR
2. 1/7th of Total period to be served i.e. 1095/7= 156 days or
Is it Higher/ lower of the two?
For my excess leave calculation ICAI considers it how? , Kindly guide me,
Is allowable leave
1. 1/6th of No. of days Actually worked OR
2. 1/7th of Total period to be served i.e. 1095/7= 156 days or
Is it Higher/ lower of the two?
01 September 2014
1st is allowed but max is 156 days as per regulation
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