Articleship stipened

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 August 2014 Whether the principal can deduct the amount for leave taken (within the limit prescribed by the ICAI)from Stipend payable to the Article assisstant?

For example:Stipend is Rs.1000/- per month. leave taken for exam for 15 days (The exam is leave is permitted by the ICAI)
The principal paid only Rs.500/- after deducting the amount for leave taken.


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Querist : Anonymous

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Querist : Anonymous (Querist)
18 August 2014 Please reply if someone knows the provision.

18 August 2014 Deduction should not be done for leaves taken for exam purpose..but this all depends upon your CA.

18 August 2014 Go through this link for more discussion on similar topic.
https://www.caclubindia.com/forum/aricleship-stipend-query-253221.asp#.U_Gn36Mvk5g


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