Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1997 (12) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1997 (12) TMI 31 - HC - Income TaxExtract: .......ayment made in pursuance of the settlement arrived at between the assessee-company and the workers under section 18 of the Industrial Disputes Act over and above the statutory maximum bonus is not allowable under section 37 of the Act. Accordingly, we answer the question of law referred to us in the negative and in favour of the assessee. No costs.
|