can anyone tell me how to calculate extension of articleship?
i m PCC student
Kranti Pawar (Tax & Audit Assistant) (166 Points)
18 August 2010can anyone tell me how to calculate extension of articleship?
i m PCC student
CA. Abhilash Krishnan P
(Chartered Accountant)
(533 Points)
Replied 18 August 2010
which stream are you in PE2 or pcc??????
CA Sachin vishnu tardekar
(JOB)
(95 Points)
Replied 18 August 2010
According to my knowledge, excess leave calculation is calucated in following manner,
Leave Entitlement = (Period worked- leave taken) / 6
Excess Leave = Leave taken - Leave Entitlement
If the answer is positive, it means you have taken the excess leave otherwise not.
Also u will get the stipend for the leave u have taken, but the maximum peiod for u get the stipend is 180 days ( pls confirm this days as i am not sure about these days)