Stipend is fix or attract deduction of leaves??

Articleship 1705 views 7 replies

Dear Friends

 

I am doing articlehsip. My PRinciple is deducting amout of money for the days served under him. I am absent for 3 days. What will be the treatment. Coz i read somewhere that stipend is fix in nature as it is served during training period.

 

Please Guide

Replies (7)

It is fix.......Principal cann't deduct as per CA Regulation.........

do u have any rule copy or something ????

Principle can deduct, specially for limit crossed leave as per leave calculated under CA Act.

But,one thing we should remember if The Principal is paying extra/other then CA Regulation then he can deduct because it is for just your leberty not under rule but rule and regulation are not binding him to pay other then CA Regulation and that is not yours any aggrement it is only orally..........however, i attache below the CA Regulation for your better understanding............. 

U mean if he is paying minimum as per ICAI rules... then he cant deduct... but if he is paying 5K then he has right to deduct... am i right ???

Yes u r right...........

ta

hanks .. thanks a lot for ur input


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details