leave period in articleship

Hello all,

Please help me know about the number of days leave available during articleship and how to calculate leave taken and excess period to be served before completion of articleship ?

Thanks all

Replies (3)
Originally posted by :deepti
" Hello all,
Please help me know about the number of days leave available during articleship and how to calculate leave taken and excess period to be served before completion of articleship ?
Thanks all
"


 

Its "1/6th of the articleship period actually served" ,,,,,, u can chk it by downloading Training Guide at icai.org , that contains illustrative examples for calculating leaves

The formula for calculating leave is (Total No. of Days Worked - Leave taken)/6...suppose ur articles period is for 3 yearsand u have taken leave for 160 days means , the allowable leave ll be calculated as  (1095-160)/6 .i.e. 156 days and you have taken an extra leave of 4 days....the leave taken by reducing with ur period of leave any excess hours worked...suppose ur office is working for 6 days a week,you need to work 6hrs. a day to satisfy inst. requirements of 35 hrs. per week..in case you have extra worked by 6 hrs one week.you can reduce ur leave by 1 day

Please send me a model of Form 107. it's very confusing. Very urgent

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