https://www.taxtmi.com/caselaws?id=21842 The Tribunal's deduction allowance for bonus paid above the statutory ceiling could not stand because it proceeded on a mistaken view of section 31A of the Payment of Bonus Act, 1965, treating the second proviso as if it came into force only on 03.09.1977 when it had merely been rearranged by amendment. As the decision rested on an incorrect legal basis, the matter was remitted for fresh adjudication on all open contentions. The Court did not finally determine the interaction between section 36(1)(ii) and section 37 of the Income-tax Act, 1961, or the substantive allowability of the claim. en-us Mon, 25 Mar 1991 00:00:00 +0530 Wed, 02 Dec 2009 11:37:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21842 The Tribunal's deduction allowance for bonus paid above the statutory ceiling could not stand because it proceeded on a mistaken view of section 31A of the Payment of Bonus Act, 1965, treating the second proviso as if it came into force only on 03.09.1977 when it had merely been rearranged by amendment. As the decision rested on an incorrect legal basis, the matter was remitted for fresh adjudication on all open contentions. The Court did not finally determine the interaction between section 36(1)(ii) and section 37 of the Income-tax Act, 1961, or the substantive allowability of the claim. Case-Laws Income Tax Mon, 25 Mar 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21842