profits, for our purposes and for the purpose of the
Payment of Bonus Act, 1965 (hereinafter ‘ Bonus Act ’), are
known as ‘surplus’. Thus, though ... Union’). In the year 1998, this Union raised an industrial
dispute demanding bonus and ex-gratia for the year 1996-97
and ultimately, the dispute
under a life insurance policy, including the sum allocated as bonus on such policy, other than the amount not includible in the total income under ... limit: ₹ 2500. 7. Any sum in the nature of salary, remuneration, commission, bonus or interest paid to a partner of the firm or credited
distribution to its preference shareholders of shares by way of bonus, to the extent to which the company possesses accumulated profits, whether capitalised ... under a Keyman insurance policy including the sum allocated by way of bonus on such policy; (q) any sum referred to in section
Keyman insurance policy, as defined in Schedule II (Note 1) including the bonus allocated on such policy, if such income is not chargeable to income ... this clause in any earlier tax year; (l) where any sum, including bonus allocated, is received, during a tax year, under a life insurance policy
gains arises to a person from receipt of any amount, including a bonus, under a unit linked insurance policy to which the exemption specified
allowed as deduction in be computing income chargeable under section 26:–– (a) bonus or commission paid to an employee for services rendered, but only when ... employee as profits or dividend if it had not been paid as bonus or commission; (b) interest paid in respect of capital borrowed
shall be the income determined before allowing deduction of salary, interest, commission, bonus or remuneration, by whatever name called, to any partner not being
firm, assessable as such–– (i) in the nature of salary, bonus, commission or remuneration, by whatever name called (herein referred as remuneration) to a partner ... force in any part of India) in the nature of interest, salary, bonus, commission or remuneration, by whatever name called, made to a member
partly in cash and partly in kind; (g) any interest, salary, bonus, commission or remuneration, by whatever name called, which is due to, or received ... under a Keyman insurance policy including the sum allocated by way of bonus on such policy; (j) the fair market value of inventory
other of his obligations and liabilities under the
Contract.
*****
Sub-Clause 47.3 Bonus for Early Completion
"If the Contractor achieves completion of the whole ... Contractor a sum stated in the Appendix to Tender as bonus for
every completed month which shall elapse between the date of
completion
