Sandwitch Leave in Articleship

Share
Share This Thread
  1. Shubham_Agarwal

    Shubham_Agarwal New Member

    Dear Sir,
    I wanted to know on what basis CA firms are deducitng sandwitch leave of articles.
    As per ICAI guideline and cases given for interpretation of leave during articleship, i beleive it is clear that weekly holidays are not considered as leave taken by articles.
    Case I

    A. Total number of days served (365×3) = 1095

    B. Less: Total leave taken (other than weekly holidays) = 188

    C. Actual Period served = 907

    D. Entitlement of leave (1/6th of the actual period served) = (907/6) = 151

    Excess Leave: (B – D) = 37

    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

    Here weekly holidays are not considered as leave taken.
    Please clarify this doubt of mine.

    Thanks
    Shubham Agarwal
     
Draft saved Draft deleted
Loading...