Are we suppose to receive stipend during exam leave period?
If no stipend is received during exam leave should such leave be considered in leave calculation ?
you can also reply me on my email id (rbhane @ rediffmail.com)
reema (articles asst.) (24 Points)
29 May 2010Are we suppose to receive stipend during exam leave period?
If no stipend is received during exam leave should such leave be considered in leave calculation ?
you can also reply me on my email id (rbhane @ rediffmail.com)
SHIV KUMAR MAURYA
(student)
(57 Points)
Replied 29 May 2010
GURU PRANESH
(FCA(FUTURE CA))
(459 Points)
Replied 29 May 2010
Mostly stipend wil be paid by d principal during exam leaves. But as far as i knw, stipend recpt s nt related to calculation of leave or excess leave taken during article ship.
chk out d attachment.
SAHIL
(Chartered Accountant/ CFP / B.com(AF)/ NCFM)
(760 Points)
Replied 29 May 2010
WELL REEMA,I'D SUGGEST U TO ASK THIS QUESTION FROM THE ICAI OFFICIALS,ONLY THEY CAN PROVIDE THE CONFIRMED ANSWER, ALL OTHER CAN ONLY GUESS................
Siddharth
(Get Digital Signature Certificates (DSC) in 30 minutes! Click on send PM!)
(672 Points)
Replied 30 May 2010
Articled Assistants are supposed to receive stipends throughout, except for the excess leave period, as per regulation 48, here -
https://icai.org/resource_file/14494student_manual_27.pdf
Other regulations here -
https://icai.org/post.html?post_id=734&c_id=117
Your Principal might not give you stipend during your leave period, if you have already used up your leave quota, or just like that, but might give it just before signing of completion of articles, if you have any balance left.
Receipt or Non-Receipt of stipend is irrelevant to calculation of leave. If non-receipt of stipend in any month led to not counting of leave, then people could have dummy for free.. ;) Couldn't they??
Anyway, as suggested above, better confirm it with ICAI, here -
Abhijit Dsouza
(article assistant)
(27 Points)
Replied 03 February 2011
can anyone tell me if the leave taken is to be netted off with the credits i have ... in case i work on saturdays in a months . say 4 saturdays.. n then i take 4 days leave... now to calculate leave in the articleship period whether i have to take 4 or 0 in the no of leave taken column
Siddharth
(Get Digital Signature Certificates (DSC) in 30 minutes! Click on send PM!)
(672 Points)
Replied 04 February 2011
If Saturday/s or any day/s which are followed as holiday/s in your firm, then they can be adjusted against your total number of leaves, if you worked on those days.
There is no such rule, at least as per my observation, but your Principal can adjust that.
ANIRBAN DAS
(CMA, B.Com, CA Final,)
(1522 Points)
Replied 04 February 2011
Abhijit Dsouza
(article assistant)
(27 Points)
Replied 05 February 2011
thanks anirban n sidd for the reply... all the best for your future
Shruti Bhatia
(PCC Inter)
(54 Points)
Replied 05 February 2011
There is no specific rule that the stipend should be paid during leave period, it all depends on your principle. Also the stipend has no relation with calculation of number of days worked, it should be fair calculation based on the number of days you actually worked.
Nitesh Bhagi
(Student)
(38 Points)
Replied 15 March 2012
My query is that, I have Completed my 1st year of articleship on 10th feb 2012,Since From starting I had didn't received any stipend..
What all I have to do for complaining about my CA to the institue...????
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