Leave allowed in articleship

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Querist : Anonymous

Querist : Anonymous (Querist)

31 March 2015 I am a student of ca course. I converted to direct entry from IPCC and started my articleship in Feb.2015. My IPCC attempt is due in May 2016. How much leave can I avail for the preparation of IPCC as well as Final?

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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31 March 2015 The total leaves allowed is 1/6th of actual period served subject to maximum of 156 days in period of 3 years.

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CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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01 April 2015 Maximum 180 days leave was allowed when the articled training period was 3.5 years under erstwhile CA-PCC.

After the introduction of IPCC, the articleship period was brought down to 3 years and the maximum leave allowed now is 156 days under Regulation 59.

Refer to Para 1.11 (Page 11) of ICAI Training Guide [July 2014 Edition] . - Official link:

https://220.227.161.86/32541bos22393.pdf

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Querist : Anonymous

Querist : Anonymous (Querist)

01 April 2015 What if I opt for Industrial Training in the last year of my articleship and if extention is applicable to me where will I complete it? in the previous firm or the Industrial Training firm?

Querist : Anonymous

Querist : Anonymous (Querist)