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1991 (2) TMI 22 - HC - Income TaxExtract: .......monthly incentive bonus and the special incentive bonus are not covered under the Payment of Bonus Act and as such should be allowed as permissible deductions. For the reasons aforesaid, we answer both the questions in this reference in the affirmative and in favour of the assessee. There will be no order as to costs. SHYAMAL KUMAR SEN J. -I agree.
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