Indian Kanoon - Search engine for Indian Law

rupees, whichever is higher, whether or not the employer has any allocable surplus in the accounting year: Provided that where an employee has not completed

force relating to the levy of tax on agricultural income; (4) “allocable surplus” means— (a) in relation to an employer, being a company (other than

respect of any accounting year referred to in section 10, the allocable surplus exceeds the amount of minimum bonus payable to the employees under that ... cent. of such salary or wage. (2) In computing the allocable surplus under this section, the amount set on or the amount set off under

deficiency, if any, as the case may be, of the allocable surplus set on or set off in respect of the fifth and sixth accounting ... deficiency, if any, as the case may be, of the allocable surplus set on or set off in respect of the fifth, sixth and seventh

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

rupees, whichever is higher whether or not the employer has any allocable surplus during the previous accounting year. (2) For the purpose of calculation ... accounting year referred to in sub-section (1), the allocable surplus exceeds the amount of minimum bonus payable to the employees under that sub-section

section 34; (g) the manner of utilising the excess of allocable surplus to be carried forward for being set on in the succeeding accounting year

FORM A [See rule 4(a)] Computation Of The Allocable Surplus Under Section 2(4) Name of the establishment.......................................... Accounting year ending on the .......................... Sums ... Available surplus for the accounting year (Column 1 minus Column 6) Amount of allocable surplus (@ 67%) (*60% of Column

bonus.] FORM A [See rule 4(a)] Computation Of The Allocable Surplus Under Section 2(4) Name of the establishment.......................................... Accounting year ending ... Available surplus for the accounting year (Column 1 minus Column 6) Amount of allocable surplus (@ 67%) (*60% of Column

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