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1/6 or 1/7 Leave is paid or unpaid Leave

Amit Ingale (Student CA Final) (1454 Points)

25 September 2009

Hello Friends
i have some quey regarding Articleship, leave and stipend.
i wanted to know Whether 1/6 or 1/7 Leave are paid holidays or unpaid ??????

please provide me with the details.
and if it is paid leave the give me the exact regulation number and the link of it describing it as paid leave.

Regards
Bye
Amit

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7 Replies

Abhilesh (CA FINAL) (112 Points)
Replied 01 October 2009

its 1/6th of the working days in ur articlishp period....

while calculatinf wrkng days....dont include sundays and other holidays

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Amit Ingale (Student CA Final) (1454 Points)
Replied 03 October 2009

Hey abilesh !

You did not understand my question. i asked that, "Whether that leave is paid leave or unpaid "

for instance for for example X has got 120 days of leave balance and he takes 55 days leave for praparing for CAFinal Exam. here question is, whether X will get stipend for those 55 days or not.

Jayesh (Chartered Accountant) (135 Points)
Replied 06 October 2009

yes 1/6 of the period u atteneded as an article are earned leave and u should get normal stipend for the period of earned leave

don't accept minimmum or less than what u paid as an stipend

its ur right

ask for it......... if ur princeiple doesn't pay

u can write to the institute...

my principle paid me the next day i asked...don't afraid just ask for it

this CA are blood sucker's they don't pay easily

Amit Ingale (Student CA Final) (1454 Points)
Replied 07 October 2009

Originally posted by :Jayesh
"	yes 1/6 of the period u atteneded as an article are earned leave and u should get normal stipend for the period of earned leave don't accept minimmum or less than what u paid as an stipend its ur right ask for it......... if ur princeiple doesn't pay u can write to the institute... my principle paid me the next day i asked...don't afraid just ask for it this CA are blood sucker's they don't pay easily	"

Hello mr jayesh !

hey thanks for replying .

i have the one request to you.

please provide me the regulation / rule number saying that leave is always paid or something related to it. because i want to show that (witten confirmation) to my principle CA for demanding the stipend.

you know i had stipend of Rs 7500 in the third year and about i used 110 days leave (without pay) in the third year, so it comes to Rs 27500. i am sure that my CA will not agree in the absence of any Written confirmation. so please arrange for the written confirmation for try to get from someoneelse.

just like me there are other articles in the same situaion.

my kind request to you.

Regards

Amit