HEy everyone
cud anybody pls tell me how much normal leaves are allowed during the articleship period of 3 years under CA final old course.
its urgent yaar
thnks in advance
CA Anurag Garg
(Chartered Accountant)
(339 Points)
Replied 25 March 2010
1/6 th of period actually served
arjun.v
(student)
(57 Points)
Replied 25 March 2010
its 1/8 th of ur total period so monthly ur eligle for a 3 day leave and all together , 3 months
Nilesh
(Chartered Accountant)
(109 Points)
Replied 25 March 2010
It is 1/6 of the Period actually served by u excluding the leave taken by u & It is ristricted to 180 days
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 25 March 2010
Leaves Allowed In Articleship Training
1/6 of total articlship ...
follow the Calculation Given as under
35 hrs per week * 156 week (3 years) = 5460 hrs in Total Articlship
per day 6 hrs so 5460/6= 910 working days...
So leave = 1095 total days ( 3 years) -- 910 days working days = 185 leave days
Prasad R
(CA Final)
(2128 Points)
Replied 25 March 2010
Dear Deepankar,
It's 1/6 of the actual period served.
Where actual period served is (365*3 less Leaves taken).
In my opinion the break even for maximum leave entilement will come at around 155 leaves as per this.
| Total Articleship period | 1095 |
| Less : Leaves Taken | 155 |
| Actual Period Served | 940 |
| Leave allowed 1/6 th of period served | 157 |
Excess leave in this case (155 - 157) Nil
What i mentioned is as per the training guildelines of the Institute.
Refer the guidelines for detail. The link is given below
Refer page 52 and para 2.6 of the training guidelines for details.
Regards
Prasad R
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)
CAclubindia
