18 May 2016
Applicable to members practising the profession of chartered accountants in his individual name or as proprietor or as partner
Period of continuous practice - An associate or fellow in continuous practice for a period up to 3 years = Entitlement of articled assistant or assistants=1
An associate or fellow in continuous practice for any period from 3 years to 5 years=3
An associate or fellow in continuous practice for any period from 5 years to 10 years=7
An associate or fellow in continuous practice for any period from 10 years=10