TMI BlogBonus or commission paid to employees - Section 36(1)(ii)X X X X Extracts X X X X X X X X Extracts X X X X ..... Section 36(1)(ii) Any sum paid to employees as bonus or commission otherwise than payable as profits or dividends is allowed as deduction Deduction is allowed even if the payment exceeds the bonus pay ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 4 - ITAT MUMBAI ] The assessee has submitted that the outstanding bonus was customary bonus and not filing u/s. 36(1)(ii) to come under the ambit of disallowance u/s. 43B(C) - It was duly held that th ..... X X X X Extracts X X X X X X X X Extracts X X X X
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