01 June 2011
SIR, I HAVE CAME TO KNOW THAT AN ARTICLE CAN CHANGE EMPLOYER DURING THE 1ST YAR OF HIS/HER ARTICLESHIP.
BUT MY CA ASKS FOR WRITTEN PROOF FOR THE SAM.
THUS, CAN U GIVE ME LINK FOR ANNOUNCEMENT/ CIRCULAR OF ICAI IN THIS REGARD????
AND HE ALSO DENIES TO PAY STIPEND FOR 180 DAYS OFFICIAL LEAVE. SO ANY DOCUMENT FOR THIS PURPOSE??? WE R NOT ENTITLED FOR STIPEND FOR EXCESS LEAVE AVAILED THAT'S RIGHT, BUT R WE ENTITLED FOR STIPEND FOR SAME WHEN WE FILL UP THIS EXCESS LEAVE AFTER COMPLETION OF ARTICLE TRAINING????/
01 June 2011
Stipend is not permitted during excess leave period vide regulation 48 of the Chartered Accountants Regulation,1988. As a corollary,stipend has to be paid during the permitted leave period.