Dear Colleagues,
Kindly let me know whether Saturdays and Sundays and Govt holidays during the leave period is to be excluded while calculating the excess leave taken during articleship??
10 Replies
CS,CA F,Numrologi TusharSampat
(CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert)
(85930 Points)
Replied 13 January 2015
the ans is no all shall be taken as excess leave only.......................
Deepak Gupta
(CA Student)
(15922 Points)
Replied 13 January 2015
| Originally posted by : M.com,CS,CAFinal Tushar Sampat | ||
 |
the ans is no all shall be taken as excess leave only....................... |  |
Excess Leave = Total leave taken (other than weekly holidays) – 1/6th of the actual period served.
- Refer to Annexure I of ICAI's Training Guide.
CS,CA F,Numrologi TusharSampat
(CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert)
(85930 Points)
Replied 13 January 2015
The point is regarding the extention part of leaves that is to say already after cal 1/6th excluding leaves or 1/7th (including leaves) and max 156 days as per icai rules so in case of excess leaves even all holidays and sundays shall be taken to be served.
pls refer this link for more details :
https://www.charteredclub.com/articleship-leaves-permissible-computation-icai-norms/
CS,CA F,Numrologi TusharSampat
(CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert)
(85930 Points)
Replied 13 January 2015
And even while calculating the excess leaves for i have myself enquired the same and all sundays and holdidays shall be taken as leaves as per the concerned articles section at mumbai regional chapter of icai when 1/7th is taken for calculating the same.
reena
(reena9823@gmail.com)
(165 Points)
Replied 13 January 2015
Excess Leave = Total leave taken (other than weekly holidays) – 1/6th of the actual period served.
I want to know whether the above highlighted words mean to exclude Sundays and Saturdays and Govt Holidays during leave period??
CS,CA F,Numrologi TusharSampat
(CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert)
(85930 Points)
Replied 13 January 2015
https://www.charteredclub.com/articleship-leaves-permissible-computation-icai-norms/
copy paste this link to check with example.
Zulfikar Surti
(Student)
(431 Points)
Replied 14 January 2015
Sundays and public holidays to be excluded. If CA's office is closed on such days, even if an article assistant wants to go on work, he can't. Articles don't demand such holidays.
raju pandey
(i m tha student of ca)
(66 Points)
Replied 16 January 2015
Mr Tushar Sampat
Already we keep so much of patience during our exhaustive 3 years of articleship.
So we request all the practicing CAs to count even gmcs n advance itt leaves in the calculation of leave during the articleship period. That would give you all a complete 365 days of working employee cum article :) :)
sonal makar
(employee)
(51 Points)
Replied 20 March 2015
If an article takes 160 leaves in the first year of articleship then how it will affect the final attempt?
Recent Topics
- Experienced CA firm for accounting & auditing
- Regarding Perquisite Tax on ESOP - Unlisted Compan
- Casual Taxable Person under GST
- Extended Date of GSTR-1 for the month of July 2020
- NRO Interest - Taxed at source and in Foreign Coun
- Clarity needed on effective date
- Income Tax Refund Deadline Shortened to Five Years
- Rectification Applications for Past GST Demands
- GST Invoices Series
- FILING OF ITR AY 20-21
Related Threads
CAclubindia
