TMI BlogWhether provision for bonus should be made in accounts of the year for which bonus is payableX X X X Extracts X X X X X X X X Extracts X X X X ..... /69, dated 22‑9‑1969. Subject:- Whether provision for bonus should be made in accounts of the year for which bonus is payable This Department is of the opinion that a provision for bonus ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to the payment in the following year. Therefore, any excess or shortfall should be shown in the appropriation account for the following year or in the profit and loss account, with a suitable note to ..... X X X X Extracts X X X X X X X X Extracts X X X X
|