Bonus or commission paid to employees - Section 36(1)(ii)

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....6(1)(ii) * Any sum paid to employees as bonus or commission otherwise than payable as profits or dividends is allowed as deduction * Deduction is allowed even if the payment exceeds the bonus paya....

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....894 - ITAT MUMBAI] The assessee has submitted that the outstanding bonus was customary bonus and not filing u/s. 36(1)(ii) to come under the ambit of disallowance u/s. 43B(C) - It was duly held that ....