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1978 (11) TMI 30 - CALCUTTA HIGH COURTExtract: ....... for incentive bonus was not bona fide. Therefore, the provisions made by the assessee cannot be taken into consideration in calculating the commercial profits for the purpose of s. 23A(1) of the Indian I.T. Act. In the premises, we answer the question in the affirmative and against the assessee. There will be no order as to costs. DEB J.--I agree.
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