I am a student of CA Final old sylabus.
What is my leave entitlement during the period of my service? is it 1/7 th of the actual period served or is it 1/6th?
Can u please illustrate with an example?
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Articleship leave
Replies (2)
Case I Days
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 (365×3.5) 1277
B. Less: Total leave taken (other than weekly
holidays) 200
C. Actual Period served 1077
D. Entitlement of leave (1/6th of the actual
period served) (1077/6) 180
EXCESS LEAVE: (B - D) 20
Can u tell me where from u got to know it is 1/6 th?
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