LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

articleship leave

Subodh Niraula (PCC-Student Article Asistant) (187 Points)

27 May 2009

mine articleship started on 29-08-2008 and is under traning.

i wanted to know is that what are the exact leave rules that are allowed during 15months tranining excluding last 3mnths exam leave.

i have already taken 46days leave till now.mine exam is on 2010 MAY.

plz reply with full details and source.

Reply
Follow
Share

9 Replies

Karthik (C A Student) (219 Points)
Replied 28 May 2009

Illustrative cases of computation of leave for 3 years of aticleship training

Case I Days

A. Total number of days served (365×3) 1095

B. Less: Total leave taken (other than weekly

holidays) 188

C. Actual Period served 907

D. Entitlement of leave (1/6th of the actual

period served) (907/6) 151

EXCESS LEAVE: (B - D) 37

Case II

A. Total number of days served (365 × 3) 1095

B. Less: Total leave taken (other than weekly

holidays) 137

C. Actual Period served 958

D. Entitlement of leave (1/6th of the

actual period served) (958/6) 160

EXCESS LEAVE: (B-D) NIL

Case III

A. Total number of days served 700

B. Less: Total leave taken (other than weekly

holidays) 140

C. Actual Period served 560

D. Entitlement of leave (1/6th of the

actual period served) (560/6) 93

EXCESS LEAVE: (B-D)

Karthik (C A Student) (219 Points)
Replied 28 May 2009

Illustrative cases of computation of leave for 3 ½ years of articleship training

Case IV

A. Total number of days served (365×3.5) 1277

Days

B. Less: Total leave taken (other than weekly

holidays) 200

C. Actual Period served 1077

D. Entitlement of leave (1/6th of the actual

period served) (1077/6) 180

EXCESS LEAVE: (B - D) 20

Case V

A. Total number of days served (365 × 3.5) 1277

B. Less: Total leave taken (other than weekly

holidays) 170

C. Actual Period served 1107

D. Entitlement of leave (1/6th of the

actual period served) (1107/6) 185

EXCESS LEAVE: (B-D) NIL

CA Swapnil (job ) (1205 Points)
Replied 28 May 2009

1/6 TH OF TOTAL PERIOD SERVED....MAXIMUM LEAVE UPTO 180 DAYS

Subodh Niraula (PCC-Student Article Asistant) (187 Points)
Replied 28 May 2009

IN REFERENCE TO MINE CASE WHEN CAN I LEGALLY ASK MY PRINCIPAL FOR EXam leave...i want to utilize my maximum leave that is granted as per ICAI.

Sumit Jain (CA) (4760 Points)
Replied 28 May 2009

1/8th of the total period served

45 days in a year

ADITYA (CA PCC, B.COM) (637 Points)
Replied 28 May 2009

1/6 TH OF TOTAL PERIOD SERVED....MAXIMUM LEAVE UPTO 180 DAYS

Subodh Niraula (PCC-Student Article Asistant) (187 Points)
Replied 28 May 2009

its ok with all ur information..but i and i know many more pcc students that may be suffering twaattt from their principal need to know this..

i am not talking about whole article ship period...i am only talking about pcc 15mnths period...

i hv started mine in 29-08-2008 and mine exam is on may 2010.if i take total 60days holiday in mine 15mnths trainin excludin IT leave than when will i legally be able to talk to my principal about my leave for exam.plz specify the date.and i will take my IT trainin in Jan 2010..that means i will hv to do 14mnths trainin??..suggest.

Ronak (Chartered Accountant) (55 Points)
Replied 28 May 2009

Subodh, you are entitled to a normal leave of 1/6th of the training period served. However such calculation is usually done at the end of the training period. Right now you have to complete 15 mnths of actual training including ITT which is the minimum stipulated time of training for appearing for the PCC exam.. Your 15 months get over on 28-11-2009 but since you've taken extra leaves already your principal would be reluctant in granting you extra leaves. However you can ask for your leave in January and if he is quite generous he might grant you the same but take my advice-if you finish ITT this year dont take a leave for more than 3 months i.e. before February. The calculation of 1/6th... n so on is done at the end of the articleship tenure. If u need anymore clarification or you have any addl questions you can also right to me on sethironak @ gmail.com I'll be glad to answer your queries. Best of Luck.