1984 (7) TMI 214

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.... of the additional payment made by the assessee to its workmen. 2. The CIT found that the assessee had paid a sum of Rs. 2,85,217 in addition to the bonus at the rate of 9.87 per cent payable under the payment of Bonus Act because of a settlement entered into between the management of the textile industry and the workmen under the auspices of the Commissioner of Labour on 12th Oct., 1979. It is....

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....allow bonus under the first proviso of s. 36(1) (ii) wherever the bonus does not fall; within the scope of the payment of Bonus Act. Since the additional amount was paid under a settlement with the workmen under the auspices of the Government it is not the case of the revenue that any of the conditions prescribed under the first proviso are not met or that the additional bonus was not allowable un....