caculation of leaves allowed(as per training guide issued by ICAI):

         Total period:  (365X3)==1095

less: total leaves taken      ==  151

         Actual period served==     944

Entitlement Leave(1/6th of actual period)==(944/6)==157

So, no excess leaves

Query of Form 108 are solved before...........

ypour articleship leve is less than allowed(157). hence no extenssion

check your pm

yes your articleship is for 3 years check your status from below link. just fill membership no.

click here

Well Priya

As our mates said you are eligible for 157 days leave and you availed 151 till now, So no need to serve any extra days. The above calculation is little hypothetical, you are eligible for a few more leaves too

we have regulations like you can avail leave for extra hrs worked too, So forget abt all the calculations

Here are my answers to your Questions

Q1--- Expained Above

Q2--You are not required to provide any Details of your previous principals as you have already submitted Form 109 for Twice previously giving all those details like Principal Details, Period Served, Leaves availed (Hope you mentioned same figures)etc.

But it is suggestible to attach a copy of each confirmation letter you received previously for the period served

Q3-- Clarified in above question

Small suggestion, instead of stating 126 days leave under current employer, mention smaller figure, as I said you are eligible for compensatory leave too, hope your principal will agree, to avoid small risk attached theretoooo

my articleship is going to complete on 28-4-2012, for 3.5 years, i had taken leave of 270 days,i.e 9 month, and my office timing is for 7.30 hrs in a day, how can i claim extra hours, and how much extension will be  granted to me.please calculate my leave period and reply

you are eligible for roughly 6 months excluding Compensatory Leave

Compensatory Leave would be extra hrs worked in excess of 40 Hrs a week

Leave availed for writing exams will be treated as trainee on duty (Only Exam Days) and for any ITT or orientation programme leave also same

So, based on above facts calculate your eligibility.

Following is d calculation as per REGULATION 59 for calculating excess leave taken, if any.

Total no of days in 3 years (365 x 3 yrs)                 1095

Less: Leave availed  ( as mentioned by you)        (151)

Balance days served                                                  944

Leaves permitted as per said regulation is 1/6 th of balance days served i.e 944/6 = 157.33 rounded off to 157 days

So leaves permitted - leaves taken 

=157-151 

= 6 days remaining  , so in  ma opinion no extension is applicable to you sister.

No details about ur previous employer is to be given anywhere in Form 108.

Thanks a lot  brother tushar and all other members for ur prompt ans.

(Regulation 59 & 74)

(1)      During the period of articled training an articled assistant shall earn leave at the rate of one-sixth of the period for which he has actually served excluding from such period, the period for which he has been on leave subject to a maximum of 180 days.

(2)      An articled assistant who has served as an audit assistant before the commencement of his articles shall, in addition to the leave earned under this regulation, be entitled to leave equal to one-half of the leave earned and not availed of as an audit assistant, subject to a maximum of three months.

Following conditions may be noted:

Supplementary Articles

(Regulation 46, 57 & 58)

Leave taken in excess of the period of leave to which he is entitled under Regulation 59 shall be treated as excess leave. The articled clerk is required to undergo articles for further training equivalent to the period of excess leave taken by him during the period of three years of training. Period of excess leave can be served with the same Principal by executing deed in Form No. 107. However the excess leave can also be served under a new Principal as per Regulation 46.

Conditions:

Tushar has made the calcualtion as per the total number of days availabel in a year but the calculation as per ICAI are to be made in the following manner

3 Yeas = 365 - 52 - 13 = 300 days in a year and iun 3 years 300 X 3 = 900 days of 900 days 1/6th comes to 150 so the excess leave is 1 day which you can manage with your employer by showing excess working days.

So no tetention 

Sir wit due respect to ur contribution for above reply , sir i have calculated exactly as mentioned in illustration in  Training Guide-Publication issued by ICAI on page 42 in annexure II.

So from wher did u get dis cal may i kno d source pls sir if u dont mind?

All of my friends recently cal in d way as provided in d manner as abov and som of dem also recived letter of comfirmation of completion of articleship training which ICAI is duly satsfied wit......den sir wat abt dat??How ICAI has accepted dis cal?

at aaryan 

Evan i was   PE-2 student who have finished my Articleship in 3 years tym n got the letter(Completion Certificate from Institute). The Period which was reffered by you was only for the PCC Students. And not For PE-2 or IPCC Students. Hope you have no Querries regarding this.

At Tushar

U r Correct Institute Does calculate the Period in the manner u have suggested 

At Priya 

So u r articleship is over. Congratulations

i m a pcc student registered for 3.5 yrs articleship period

IS THIS CALCULATION IS RIGHT FOR CALCULATION OF EXTRA HOURS please suggest its urgent

Total no. of days (365*3.5)-------------------------------------------------------------------------------------------------1277

Total no. of leaves taken 240days                                                                                                                              

(-) extra hours worked (365*3.5=1277-168{sunday 4*12*3.5 - 240(leave taken)  =869*2hrs per day =1738/30=58 days extra day worked.

their for net total no.of leave taken is  240-58=182days

total no days--------------------------------------1277

total of leaves taken----------------------------182

actual days worked----------------------------1095

1/6 of actual--------------------------------------183

excess or short---------------------------------1