M/S.SHASUN CHEMICALS AND DRUGS LTD. vs. COMMISSIONER OF INCOME TAX, CHENNAI

The appeals are allowed

11. Insofar as claim of bonus is concerned, in the return filed by the assessee for the Assessment Year 2001-02 it Page 7 JUDGMENT 7 was mentioned by the assessee that it had paid bonus to its employees to the tune of Rs.96,08,002/- in the said Financial Year and, therefore, it claimed deduction under Section