Bonus
Last updated: 13 September 2007
Court :
HC
Brief :
Held by the Hon`ble Court that, amount paid was in excess of the minimum bonus prescribed under the Payment of Bonus Act. Therefore deduction is allowed in Income Tax Act.
Citation :
C.I.T. Vs. Gnanambikai Mills Ltd.
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CA.Saibaburao Nanduri
Published in Income Tax
Views : 31
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