Hey ,,,,can anyone tell me to how many days leave an article is eligible if he has regtd for articleship for a period of three years????
Remya Jacob ( CA Student) (313 Points)
09 February 2011Hey ,,,,can anyone tell me to how many days leave an article is eligible if he has regtd for articleship for a period of three years????
Siddharth
(Get Digital Signature Certificates (DSC) in 30 minutes! Click on send PM!)
(672 Points)
Replied 09 February 2011
There is no hard and fast rule regarding the exact leave quota for articled assistants. What the rules say:
During the period of articled training an articled assistant shall earn leave at the rate of one-sixth of the period for which he has actually served excluding from such period, the period for which he has been on leave subject to a maximum of 180 days.
Refer:
https://www.icai.org/post.html?post_id=792
https://www.icai.org/post.html?post_id=813
Which means,
1. Arrive to number of working days [(3 years x 365 days) - leaves taken].
2. Divide the result (1) by 6.
3. If it exceeds 180, then your limit is 180 days, else the result from (2)
sulav killa
(CA)
(21 Points)
Replied 09 February 2011
hey,can anyone suggest me what is the procedure to change articled employer if i have completed 2.5 yearsof 3.5 years articleship.please reply
CMA RV Padmakumar.A
(Practicing CMA and Registered Valuer (S&FA) )
(1440 Points)
Replied 09 February 2011
max. 130 days if you worked for 6 days per week for 3 years....
Rohtash
(CA - Final / CS / B.Com)
(1140 Points)
Replied 09 February 2011
IPCC students have 156 days of leave.. Its a fix number from ICAI..
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