base year on an assumption that the ratio
which determine-, the allocable surplus is the normal ratio
not affected by any special circumstance and perpetuates ... that where for any accounting
year, there is no available surplus or the allocable surplus
in respect of that year falls short of the amount
Similarly where for any accounting year there is no available surplus or the allocable surplus in respect of that year falls short of the amount ... these provisions is clear. Where there are profits or allocable surplus, the allocable surplus must be set apart and utilised towards payment of the bonus
allowable surplus being 60% of available surplus. As
the allocable surplus so fixed was more than 20% of the
annual wage bill ... balance,left over
is the available surplus. 60% of the available surplus
represents the allocable surplus payable as bonus to the
employees. At the stage
surplus is to be taken to be the allocable surplus
and it is this allocable surplus which is to be distributed
by way, of bonus ... Where for any accounting year, there is no
available surplus or the allocable surplus in respect
of that year falls short of the amount
allocable surplus. - (1) Where for any accounting year the allocable surplus exceeds the amount of maximum bonus payable to the employees in the establishment under ... Where for any accounting year, there is no available surplus or the allocable surplus in respect of that year falls short of the amount
Where for any account year, there is no available surplus or the allocable surplus in respect of that year falls short of the amount ... succeeding accounting year, there is no available surplus, or allocable surplus, or the allocable surplus falls short of the minimum bonus, the amount so carried
available surplus at
Rs. 37,54,713, 60% of this amount being Rs. 22,52,828 was
fixed as allocable surplus. The Tribunal held that ... given the
correct figures. Therefore the recomputation of the
available surplus, allocable surplus and the percentage of
bonus for The accounting year
accounting year the allocable surplus exceeds the amount of minimum bonus payable to the employee under Section 10 . "Allocable surplus" has been defined ... ascertainment of such allocable surplus and it is related to the gross profit of the employer. In computing the allocable surplus the amount
gross
profits, prior charges, the available
595
surplus and the allocable surplus have all to be found out
nationally applying the fiction to the branch ... equity capital 4
(c) on reverse 4
Available surplus S.5
Allocable surplus S.2 (a) Payables as bonus
60%
Annual wage bill
provisions of computation of available surplus under
Section 5 , and set on and set off of allocable surplus
under Section 15 read with sub-section ... available allocable surplus
with the employer for the concerned accounting years.
8. It is his submission that the allocable surplus
is linked with the payment
