Aayush was employed in XYZ Ltd. and has completed 18 years 7 months and 20 days of service. His employer gave 40 days leave for each completed year of service. He also took leave of 240 days during service. How many days leave stand to his credit at the time of retirement as per section 10(10AA)?
A. 520 days
B. 480 days
C. 300 days
D. 540 days
Answer:C
Aayush was employed in XYZ Ltd. and has completed 18 years 7 months and 20 days of service. His employer gave 40 days leave for each completed year of service. He also took leave of 240 days during service. How many days leave stand to his credit at the time of retirement as per section 10(10AA)?
A. 520 days B. 480 days C. 300 days D. 540 days