Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1986 (5) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1986 (5) TMI 70 - AT - Income TaxExtract: .......hat 20 per cent of salary shall be paid as bonus, hence, even section 36(1)(ii), (proviso) the claim is admissible as deduction. We hold and direct accordingly. On ground No. 3, the assessee succeeds. 13. In the net result, the appeal stands allowed partly, since on ground Nos. 1 and 3, the assessee succeeds and on ground No. 2, the assessee fails.
|