Hi, i wanted to know that do we get paid the stipend even for the examination leave period as per institute's guidelines of 3 1/2 months?
13 Replies
daVe..
(Student)
(1431 Points)
Replied 09 December 2008
For your info, leave as per ICAI norms is 3 months or unexhausted leave which ever is less.
You are also eligible for stipends!
varun
(CA (FINAL), M.com)
(163 Points)
Replied 09 December 2008
yes, this clause is valid coz this is ur legel leaves as u get 158 days leave
so, u must claimed the stipend as it is mentioned in the prospectos also
thanx
sangeetha
(PCC student)
(84 Points)
Replied 09 December 2008
I just got it confirmed. YOu can claim it as far as it falls in your firm's pay leave policy.
ranjit
(article assistant)
(39 Points)
Replied 09 December 2008
yes you can get the stipend as per the norms of the icai................
b.s.gokul
(final student)
(545 Points)
Replied 09 December 2008
s during the leave period also ur eligible for stipend
Sakthi saravanan
(student)
(20 Points)
Replied 09 December 2008
Hi dude if any one can tell me....if my firm not paying stipend for exam holidays what i took as per icai prospectus ....whether i have rights on that to get my stipends.....
CA. Rajeev Aggarwal
(Chartered Accountant)
(3424 Points)
Replied 09 December 2008
Look, as per icai norms we are awarded 135 leaves in 3yrs of articleship.
Means these are paid leaves.
Out of these 135 u can take preperation leaves for exams too
Bhavisha
(Student)
(26 Points)
Replied 09 December 2008
yes we are eligible for 1/ 6 period of the actual period serve as a eligible leave which is a paid leave
so u have a right to get it
Have a nice time
CA ANIL JAIN
(CHARTERED ACCOUNTANT)
(47 Points)
Replied 17 December 2008
refer ICAI's Student training Guide...
u can get stipend for ur leave period...u cann't recive payment of stipend for the excessive leave taken by u as per the institute guideline..
for this calculate ur eligible leave..
365*3 = A 1095
less : leave taken by u (suppose 120 days) B 120
A - B 975
1/6 of 975 162.5
So u hav right to recive ur stipend because u hav permissive leave of 162.5 days and u use only 120 days....
PRATYUSH RANJAN
(CA ARTICLE ASSISTANT)
(22 Points)
Replied 11 December 2016
can you send me the icai rules link about stipend against leave.
Kushi Sushma
(2 Points)
Replied 05 March 2019
I was absent for 2 days can amount be deducted in my stipend of 5000
Recent Topics
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
- ITC reversal in GST 3B
- Claim if ITC on stocks 19-2020 conversion from com
Related Threads
CAclubindia
