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paid bonus to its employees in excess of what is provided under the Bonus Act . Under the said Act, the maximum bonus that is payable

paid bonus to its employees in excess of what is provided under the Bonus Act . Under the said Act, the maximum bonus that is payable

incentive bonus. Thus, for working out the amount of profit in addition to salary, there would be deducted from the gross incentive bonus, expenses properly ... reimbursement of expenses actually incurred upto the maximum limit of 30 per cent of the incentive bonus earned by the assessee and that

cumulative bonus) whereas, under the latter, the maximum benefit is an enhanced sum of Rs. 2 lakhs. The policy in question is the Medi-claim

assessee submitted that the payment of bonus is within the permissible limit of the Payment of Bonus Act and our attention is invited to page ... minimum of 8.33% and a maximum of 20% on salary is payable as bonus depending on the circumstances of the case. It may be mentioned

incentive bonus. Thus, for working out the amount of profit in addition to salary, there would be deducted from the gross incentive bonus, expenses properly ... reimbursement of expenses actually incurred upto the maximum limit of 30 per cent of the incentive bonus earned by the assessee and that

over and above the statutory bonus, Thereafter every year the workmen demanded twenty per cent bonus, which was the maximum limit under the provisions

over and above the statutory bonus. Thereafter every year the workmen demanded twenty per cent bonus, which was the maximum limit under the provisions

United India Insurance Company Ltd. vs Mohanlal Aggarwal [Alongwith Letters ... on 5 December, 2003 Equivalent

subject to a maximum of Rs. 20,000 per year. Jagjit Katir was separately paid salary of Rs. 11,457 and bonus