Do we have to consider unpaid leave in the leave calculation at the end of the articleship period???
10 Replies
CA Shiv
(Business Controller)
(2987 Points)
Replied 09 June 2010
what u meant by unpaid leave? leaves are always unpaid in articlehip
Kaushik Vankadkar
(Service)
(350 Points)
Replied 10 June 2010
Payment of stipend and leave calculations are mutually exclusive concept. Why r u linking leave with the payment. Paid or unpaid leave is the firm's policy. You have to anyways complete your 3.5 years or 3 years as the case may be of articleship irrespective of whether you had unpaid or paid leave.
RADHIKA JALAN
(agarwal)
(1521 Points)
Replied 10 June 2010
no exam leave is not a paid leave.........just the days of exam including alternate days inbetween d exams is not counted in no. of days of leave during articleship........
Manthan...
(CA STUDENT)
(51 Points)
Replied 10 June 2010
Our study course leave or exam leave is always unpaid,paid leave doesnt exist in articleship. Although further its depend on principal's policy.
CA Rajnish
(CA)
(136 Points)
Replied 10 June 2010
For counting it doesnt depend whether u have leave with stipend or without it.The days u r giving CA exams are counted as days on work.U can have maxm 160 days leave during 3.5 yrs articleship period.
u can calculate leave as follows:1/7 of(3.5*365-total leave taken during period of aricleship).
Make sure it doesnt exceed 160 days in any case otherwise u'll hv to serve for the excess leave taken.
Max Payne
(employed)
(2569 Points)
Replied 10 June 2010
Please see the provisions for PCC Stream students. 180 days, exclusions specified.
https://icai.org/resource_file/14490student_manual_22.pdf
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