https://www.taxtmi.com/acts?id=37257 Section 36 provides that where allocable surplus exceeds maximum bonus requirements the excess may be carried forward subject to a prescribed utilisation limit for payment of bonus in succeeding accounting years; where surplus is insufficient to meet minimum bonus the deficiency shall be carried forward for set off in succeeding accounting years; Central Government rules may apply the same principle to other cases; earliest carried amounts are to be applied first. en-us Thu, 25 Jul 2019 17:13:58 +0530 Thu, 08 Jan 2026 10:24:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=37257 Section 36 provides that where allocable surplus exceeds maximum bonus requirements the excess may be carried forward subject to a prescribed utilisation limit for payment of bonus in succeeding accounting years; where surplus is insufficient to meet minimum bonus the deficiency shall be carried forward for set off in succeeding accounting years; Central Government rules may apply the same principle to other cases; earliest carried amounts are to be applied first. Act-Rules Labour laws Thu, 25 Jul 2019 17:13:58 +0530 https://www.taxtmi.com/acts?id=37257