https://www.taxtmi.com/caselaws?id=59847 Bonus entitlement under the Payment of Bonus Act is confined to the allocable surplus computed under the Act, so payment cannot be extended beyond that surplus merely because the statutory ceiling contemplates a maximum bonus. The assessee's claim for bonus in excess of available allocable surplus was rejected and the disallowance was upheld. A new plea that the payment was customary bonus under section 17 could not be raised for the first time before the Tribunal because it required fresh factual proof of prior practice; permission to advance that alternative case was refused. en-us Fri, 30 Dec 1983 00:00:00 +0530 Sat, 01 Jan 2011 14:19:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59847 Bonus entitlement under the Payment of Bonus Act is confined to the allocable surplus computed under the Act, so payment cannot be extended beyond that surplus merely because the statutory ceiling contemplates a maximum bonus. The assessee's claim for bonus in excess of available allocable surplus was rejected and the disallowance was upheld. A new plea that the payment was customary bonus under section 17 could not be raised for the first time before the Tribunal because it required fresh factual proof of prior practice; permission to advance that alternative case was refused. Case-Laws Income Tax Fri, 30 Dec 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59847