I am a PCC FInal student on the verge of completion of my articleship. If I have to calculate the number of days served, it is more than the number of days I would have to serve in the total period of 3 and 1/2 period of articleship. This is because, I have served on most of the saturdays and some holidays/sundays. If I had taken excess leave, I would have to make up for the deficit by serving for more period. So, applying the same rule is it possible to stop the articleship assuming that it is over? Please advise, thanks in advance.
8 Replies
CA Sandeep Kumar
(Audit Assistant)
(804 Points)
Replied 15 January 2011
Not possible.. If you have worked extra you have to prove that it was due to exceptional cicumstances.. ICAI does not permit working hours to be more than 35 hours (approx) in a week.. I do not think set off of extra work will be available.. anyways there is a recent reminder of earlier notification given in ICAI website.. go through.. click the following link..
https://220.227.161.86/21366workhrs110111.pdf
Manmohan ACA, CS
(Chartered Accountant )
(14243 Points)
Replied 15 January 2011
just ask the same from your employer, if he agree then it is ok
ca cs shriyans jain
(AUDIT MANAGER C.A C.S)
(7168 Points)
Replied 20 January 2011
U need to serve as an article clerck for a period of 3.5yrs. So it depends upon ur willingness when to take leave or work extra if u worked excess than as required then also mandatorily u should submit ur completion certificate after 3.5yrs. If in case u take excess leaves than as prescribed during 3.5yrs then u need to serve for a period of excess leaves taken.
Siddharth
(Get Digital Signature Certificates (DSC) in 30 minutes! Click on send PM!)
(672 Points)
Replied 27 January 2011
| Originally posted by : Anjali Kuttikar | ||
 |
I am a PCC FInal student on the verge of completion of my articleship. If I have to calculate the number of days served, it is more than the number of days I would have to serve in the total period of 3 and 1/2 period of articleship. This is because, I have served on most of the saturdays and some holidays/sundays. If I had taken excess leave, I would have to make up for the deficit by serving for more period. So, applying the same rule is it possible to stop the articleship assuming that it is over? Please advise, thanks in advance. |
 |
It is done like this, you multiply 3.5 years by 365, then reduce it by the number of leaves taken.. the result is number of working days, out of this number of working days, 1/6th is the number of leaves you are eligible to, with a maximum of 180 days.
Saturdays, at a lot of firms, are working days, if your firm generally observes it as holiday, you may request your Principal to adjust it along with other holiday-working days against your leaves, if you still got excess leaves after that, you have to serve that excess period, unless otherwise you can arrange with your Principal, request, plead, beg, whatever.
You cannot assume articleship is over unless and until you complete the formalities, i.e. the paper work.
Swati Vignesh
(Tutor)
(49 Points)
Replied 04 February 2011
Could anyone please help me with the extension of articleship? Can i take a transfer to serve my extension period of articleship? Please help. My articleship gets over in April, 2011 and with extension, it gets over in December, 2011? Can i take transfer from August 2011 for 5 months? What i mean is: Can i serve part of my extension with my current principal and the rest with a new principal?
Siddharth
(Get Digital Signature Certificates (DSC) in 30 minutes! Click on send PM!)
(672 Points)
Replied 04 February 2011
Do this, fill up form108 (completion), then join another ca for the excess period. Don't go for supplementary with your present CA.
priya
(student)
(58 Points)
Replied 18 August 2011
hey i hv my articleship completed as on 24 july 2011...... bt i hv an excess leave of 150 days of my past employer....
i hv to fill 107 and 108 wit present employer... so i want to know whether i hv 2 show my excess leave of d past employer
in dis form 107 or not??? as in 107 it is mentioned dat excess leave taken dan permissible in d said period......
said period means d period i served under present employer??? so how shud i show excess leav of past emplyer in dis
form 107 wit my present employer???
plssssss help........plssssss.....
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