Poonawalla fincorp
Poonawalla fincorp

Excess leave doubt urgent

This query is : Resolved 

11 May 2013 I was doing my CA articleship(3.5yrs) under PCC Scheme, Due to some health problem i took transfer.

At the the end of articleship with the 1st principal my status was

Completed 3yrs and 23 days of articleship.
Excess leave 59 days

I re-registered with the new principal for 5 months 65 days (5months+6 days actual articleship and 59days excess leave)

I again took 25 days IPC exam study leave from my second principal

Please help to calculate my excess leave

Total days worked---------------------(365*3.5) 1278days
Less Leave take
1st Principal 210days
2nd principal 25days
Total 240days

less:
Excess period served 59days

Net leave taken --------------------------181days

Total Period Worked (1278-181)====================1097days

(1/6th Of 1097 will be============================182.8

My excess leave will be (181-182.8----------------(1.8)

Am i right in may calculation of excess leave????

Thanks in advance!!!

26 June 2013 In fact your total number of working days are as follows
1) For 3.5 Years @ 5 days a week it comes to 840 days.
2) You are eligible for 1/6th for leave on actual number of days served.
3) Examination dates are to be treated as served days.
4) Now you calculate how many days you have served and how much leave you have taken including examination and deduct the date of examination to arrive at the excess leave.



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