entitled to a deduction of Rs. 1,80,000 on account of bonus for the year 1951 in computing the business profits for the assessment ... calendar year 1951. There was a dispute in regard to the bonus payable to the workers for the year 1951 and the matter was referred
that case the Supreme Court was primarily concerned with the calculation of bonus payable to the workmen of Metal Box Company under the Payment ... Bonus Act, 1965 ; and, broadly speaking, under the provisions of the said Act the available surplus for any employer in respect of any accounting year
holding that the capital should be increased to the extent of bonus shares issued out of the general reserve even though the entire amount utilised ... issue of bonus shares out of the general reserve has already been included in the capital ?
5. Whether, on the facts and in the circumstances
petitioner applied to the State Government under Section 36 of the Bonus Act for granting exemption for payment of bonus for the year 1978. Another ... suffered by the petitioner and its inability to pay even the minimum bonus. The applications for the years 1978 and 1979 were rejected
circumstances of the ease the sum of Us. 4,130 paid as bonus to the shareholder employees of the assessee company in the account year ... being paragraph (x) which says:
any sum paid to an employee as bonus or commission for services rendered, where such sum would not have been
half share of the bonus which the managed company paid to certain officers of the company. In the account year 1943 the assessee company paid ... further sum of Rs. 45,500 as the half share of the bonus paid by the managed company also to certain officers of the managed
Wages authority regarding the remuneration payable under the recently enacted Payment of Bonus Act (21 of 1965) which came into force on the 25th ... Wages Act , and whether the petitioner Companies are exempt under the Bonus Act . For the purpose of the points raised the facts are also somewhat
revision order of a claim of deduction respect of the payment of bonus made by petitioner No. 1 in respect of certain part ... bonus paid by petitioner No. 1 in the previous year relevant to the assessment year 1962-63. The relevant previous year in this case
cent deduction is admissible at the threshold from the incentive bonus received by the assessee, a Development Officer of LIC of India which is assessable ... assessee is a Development Officer of LIC. He received an incentive bonus of Rs. 79,216 from LIC. As a Development Officer, he was required
adjudicate with regard to the scales of pay and the right of bonus of employees of the second respondent company who are not workmen ... company to raise a dispute with regard to payment of wages and bonus, not to themselves, but to other employees of the company, and having
