Payment of bonus act 1965

This query is : Resolved 

25 February 2009 How is available surplus calculated ?
Plz provide an ex.

03 March 2009 GP for the accounting year : 5000
Less :
1. Dep. under section 6(a) : 120
2. Development rebate or : Nil
development allowances
under section 6(b)
3. Direct Taxs Under : 25
section 6(c)
4. Further sum as are : 15
specified under Third
Schedule of the act

So available surplus is : 341
SO allocable surplus is 67% of available surplus.

Please check the file upload "FormA_Payment of Bonus Act.xls" for more reference.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details