https://www.taxtmi.com/caselaws?id=273206 The Supreme Court held that reserves utilized as working capital are entitled to a reasonable rate of return. The Court emphasized the need for clear evidence to support claims of reserves being used as working capital, rejecting the argument that balance-sheet entries alone suffice as proof. Without concrete evidence, the Court dismissed the appeal, underscoring the importance of substantiating claims with credible evidence in bonus calculations and labor disputes. en-us Wed, 03 Feb 1960 00:00:00 +0530 Mon, 11 Jun 2018 18:08:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273206 The Supreme Court held that reserves utilized as working capital are entitled to a reasonable rate of return. The Court emphasized the need for clear evidence to support claims of reserves being used as working capital, rejecting the argument that balance-sheet entries alone suffice as proof. Without concrete evidence, the Court dismissed the appeal, underscoring the importance of substantiating claims with credible evidence in bonus calculations and labor disputes. Case-Laws Indian Laws Wed, 03 Feb 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273206