Articleship period
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 April 2015
I cleared IPCC group 1 in May 12. Joined articles on 1/10/12. CA final attempt was due on May 15, but I haven't cleared grp 2 ipcc. I haven't taken leave for preparing final. So when will my articleship will be over? 30/9/15 or 31/03/15?
16 April 2015
Greeting Anonymous,
Lets consider 1/10/2012 as official date of joining, then irrespective of fact whether you took any leave or not , your articleship will end on 30/09/2015.
The first question which will arise is Why?
The reason being maximum allowed holidays as per ICAI is Total articleship period i.e 365*3 subtracted by total no of leave taken divided by 6. So if this criteria exceeds you will have to serve extension. But there is no criteria exactly opposite to this wich says that you could work without taking holiday and then leave articleship early. Because form 109 can be signed only on or after 30/09/2015 date and has to be submitted within 1 month of end of articleship.
If you really have excess leave left, you may ask your employer to give you that many holidays, but that period is still your articleship period and your still in an agreement with your CA and within the ambit of ICAI regulations
I hope your query is solved
Lets consider 1/10/2012 as official date of joining, then irrespective of fact whether you took any leave or not , your articleship will end on 30/09/2015.
The first question which will arise is Why?
The reason being maximum allowed holidays as per ICAI is Total articleship period i.e 365*3 subtracted by total no of leave taken divided by 6. So if this criteria exceeds you will have to serve extension. But there is no criteria exactly opposite to this wich says that you could work without taking holiday and then leave articleship early. Because form 109 can be signed only on or after 30/09/2015 date and has to be submitted within 1 month of end of articleship.
If you really have excess leave left, you may ask your employer to give you that many holidays, but that period is still your articleship period and your still in an agreement with your CA and within the ambit of ICAI regulations
I hope your query is solved
27 April 2015
If Actual Leaves doesn't exceed allowed leave then it will end on 30-Sept-2015
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
- CG Tax On residential property
- Post Office RD Interest
- Applicable TDS for Purchase of Flat from NRI
- Eway bill for machinery reparing
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Under construction property in ITR
- Gift of mutual fund units to daughter
- Upload Level ValidationITR3Category of Defect B/D
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- Reporting of STCG on Property in ITR
- ITR-4 vs ITR 5
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
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
