1962 (11) TMI 80

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..... itself in law in disallowing a part of the bonus paid to the employees ?" In the year of account ending on March 31, 1956, the assessee made a profit of ₹ 91,812 on his grocery business. He paid ₹ 10,125 towards bonus that year to his 34 employees in this business. They had been paid during that year ₹ 16,000 and odd as salary and the whole of this amount has been allowed a .....

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