Leave period

your leave period should not exceed 1/6th of the total period served as an articled assistant..so u can take a leave of about 155 days(approx.) during ur articles...however if u have worked for more than 35 hrs a week u can take benefit of that if ur principal allows

hello brother,

i am agreeing with srivatsan suggestion. pls follow it.

The Formula for Leave allowed is as below.

Leave Allowed = [Total Period Served(Including Leave) - Actual Leave taken during articleship] / 6.

I will explain this with the help of my own example.

Total period of articleship was 1096 days. Actual Leave taken was 180 days.

So leave allowed = (1096-180)/6 = 152 Approx.

But i have actually taken 180 days, i.e. 28 days extension.

So ideally, if you dont want extension, the leave should be 156 days at the maximum. With 156 days leave, the extension comes to Zero.

hey srivatsan how can we take benefit if our principal allows?

is it ki we just explain him this rule of 35 hours and ask him to reduce leave so taken  by the hours we overworked ?

The benefit of over-time can be availed by reducing the time overworked from the leave taken. Say if your normal working hours per day are 8. and you have a total of 80 hours of over-time, worked during articleship. So, you can reduce the overtime of 80 hours i.e. to say 8 days (80 divided by 8 hrs per day). If leave taken is say 120 days, you can show it as 110 days, as you have worked for 80 hours over and above the regular time.

thnx sir !!!

i am unable dowmload dt idt cases and amendments wil any body pls forward it to my mail

anil_bhake @ yahoo.co.in

hello..... sir i have a problem.. fsrt i appoint as an article clerk to sandeep bakilwal & co. then i terminate the article ship by transfer. my tarnning priod is 27 oct. to 10 sept. 2007........ n this period i have taken 60days leave but as per ICAI rule only can get 43 leave. so i have taken excess 17 days leave. now what can i do

Mr. Girish,

First of all i will suggest you not yo use the name of your firm in any blog of forum. Second thing, the the extension or otherwise is not calculated on principal to principal basis. it is calculated at the end of the training period i.e. 3 years / 3-1/2 years whichever is applicable. So no question of calculating the excess leave on account to transfer.

Regards,

CA. Amol G. Kabra

thank u sir.. lekin me meri article ship finish hone ke bad kya karu us leave ko finish karne ke liey............. aur ek registration me kitne attempt de sakte hai

This you will have to think about when the articleship is about 2 months due to be completed.

i have a question

whether a student will be allowed to sit in pcc xam if he take 5 months of leave in his 18 months of articleship..?

Ya, he will be allowed to appear the exam. Any excess leave taken during the articleship period has to be completed after the completion of the original period of articleship, i.e. 3 yrs or 3-1/2 yrs whichever is applicable.

aur sir. ek registration me kitne attempt de sakte hai.,