Tuesday, 4 February 2014

How many leaves in Articleship is allowed : Articleship Leave

HOW MANY LEAVES IN ARTICLESHIP IS ALLOWED : ARTICLESHIP LEAVE - 



Every article on earth has a common fear when it comes to taking leaves- EXTENSION OF TRAINING. This feat haunts all the articles whenever they think of taking a day or two off for something  as important as their office work. Don’t worry people, canotes.in comes to your rescue. Here’s how you can compute the excess leaves allowed.
All most all of you want to know that How many leaves in Articleship is allowed, We come up with a solution for you all with our   Articleship Leave calculator.
AS PER ICAI RULES: An article is entitled to leave for a period equivalent to 1/6th of the total period served by him/her. Here period served is specially highlighted
As per this rule you can compute the leaves but keep the following in mind:-
1. It is the 1/6 of total period served and not 1/6 of total number of days:
for example:-
 Wrong method :-
you cannot calculate as (365×3)/6
this is wrong.
The right method is:
Case I
Total no. of days- say 365×3 = 1095
less: leave taken(other than weekly holidays), say 187
Actual period served would be 1095-187=908
entitled leaves= 908/6= 151
Excess leaves= 187-151= 36
Case II
A. Total number of days served = 700
B. Less: Total leave taken (other than weekly holidays) = 140
C. Actual Period served = 560
D. Entitlement of leave (1/6th of the actual period served) = (560/6) = 93
EXCESS LEAVE: (B-D) 47
Case III
A. Total number of days served (365 × 3) = 1095
B. Less: Total leave taken (other than weekly holidays) = 137
C. Actual Period served = 958
D. Entitlement of leave (1/6th of the actual period served) = (958/6) = 160
EXCESS LEAVE: (B-D) NIL
So we ca say that there is no fixed no. of Articleship leave that an article can get but it varies from case to case. If you still having a doubt then pls download our articleship leave calculator from below :-

CA ARTICLESHIP LEAVE CALCULATOR

This file also contains form 119 for you all.
And if yo want to know your current articleship status online ? then Click here

No comments:

Post a Comment