https://www.taxtmi.com/caselaws?id=22925 Profit bonus and production bonus were treated as allowable on the facts, and no further reference was directed on those items. The surviving issue was whether ex gratia payment to employees was deductible under the second proviso to section 36(1)(ii) of the Income-tax Act, 1961, or alternatively under section 37. The Court held that this question required consideration and directed the Tribunal to state the case and refer the question of law on the ex gratia payment for decision. en-us Thu, 29 Nov 1990 00:00:00 +0530 Tue, 15 Dec 2009 13:44:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22925 Profit bonus and production bonus were treated as allowable on the facts, and no further reference was directed on those items. The surviving issue was whether ex gratia payment to employees was deductible under the second proviso to section 36(1)(ii) of the Income-tax Act, 1961, or alternatively under section 37. The Court held that this question required consideration and directed the Tribunal to state the case and refer the question of law on the ex gratia payment for decision. Case-Laws Income Tax Thu, 29 Nov 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22925