dispute between its predecessor and its workmen regarding their claim for Deepavali bonus for 1949 was pending adjudication by the Industrial Tribunal. After the transfer ... directing payment of one and half months basic wages as bonus. On June 30, 1951, the assessee agreed to pay Deepavali bonus for the year
Mandamus directing the second-respondent, Tamil Nadu State Housing Board, to pay bonus as per the provisions of the Payment of Bonus ... defined as such employees under Section 2(c) of the Payment of Bonus Act for the years commencing from the sixth accounting year from
priority industry under section 80E of the Act, both the bonus and the commission paid to the directors of the assess-company should ... priority industry under section 80-I of the Act both the bonus and the commission paid to the directors of the assessee-company should
mercantile system of accounting and had a statutory liability to pay bonus to its workmen had made a provision for bonus at a figure lower ... amount paid by it as statutory bonus for the relevant previous years. The Income-tax Officer took note only of the amounts that had actually
entire "amount of additional conveyance allowance and 40% of incentive bonus received by the assessee as an employee of LIC of India is exempt ... Life Insurance Corporation of India ('LIC') and has received incentive bonus and also additional conveyance allowance to cover the expenses incurred
Industrial Tribunal of the following question (p. 56):
"Whether computation of bonus in respect of the accounting year ending 31st March, 1965, payable ... employees is in accordance with the payment of Bonus Ordinance ? If not, what should be the quantum of bonus for the employees
unemployment.
6. Payment of 3 3/4th months' wages as bonus, for the year 1948 without deducting for leave and etc."
The Industrial ... period of his unemployment and also directed the payment of an additional bonus of 3/4th month's basic wages in addition
over and above their basic salary, the dearness allowance, and the Deepavali bonus which it was already allowing. The firm entered into agreements with ... Section 10(2)(x) is a specific provision, which relates to the bonus or commission paid to an employee for services rendered
Ordinary shares
3,12,020
3,43,485
3.
Provisions for bonus to staff and workers
60,000
4.
Transfer to general revenue ... following sums should be treated as reserves :
Rs.
1.
Provision for bonus
28,439
2.
Provision for dividend
3,43,485
3.
Provision for taxation
case, the Appellate Tribunal was right in holding that the incentive bonus of Rs. 1,28,837 which was made in addition to the regular ... bonus as per the Payment of Bonus Act should be allowed as a deduction under section
