Stipend not paid
This query is : Resolved
22 November 2011
hello sir my principal does not paid me stipend and now he is calculating on day basis is it correct?//////or it should be calculated only on monthly basis?
CA SUMiT PATWARi
(Expert)
23 November 2011
You principal should pay you monthly stipend : mandatory !!!!
He should not calculate it on day basis. The excess leave taken by you have to be served at the end of the articleship period. You should maintain your attendance records(requirement of ICAI) with you separately and safely in a diary alongwith the work done on a daily basis. This will help you if he makes any false allegations.
If he does not pay you stipend, make an application to him in writing(keep a copy with you). Still if he doesn't, complain with ICAI, alongwith the copy of application made.
He should not calculate it on day basis. The excess leave taken by you have to be served at the end of the articleship period. You should maintain your attendance records(requirement of ICAI) with you separately and safely in a diary alongwith the work done on a daily basis. This will help you if he makes any false allegations.
If he does not pay you stipend, make an application to him in writing(keep a copy with you). Still if he doesn't, complain with ICAI, alongwith the copy of application made.
Message likes :
1 times
CA. RENZ .V. RAJAN
(Expert)
23 November 2011
i agree with sumit. there is only monthly stipend concept as per ICAI. there is no calculation of stipend on daily basis. just maintain your attendence dairy (records), and complain with ICAI.
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
- Depreciation Chart Companies Act
- EPF ECR NEW FILE SEP 17TH 2026
- Capital Gail Exemption Certificate
- Oct 2025 Invoices
- Import of Software Service.
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- Under marginal scheme
- Capitalgain tax purposes for valuation report compulsory
- GST on Renting godown to KFCSC for Storage of Raagi
- GST Audit whether Govt Companies are exempt?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
