M/S.SHASUN CHEMICALS AND DRUGS LTD. vs. COMMISSIONER OF INCOME TAX, CHENNAI
The appeals are allowed
C.A. No.-009611-009611 - 2016Supreme Court16 Sept 2016
Section 35D
11
unrest as well. Because of this the workers had finally
refused to accept the bonus offered to them. Faced with
this situation, the assessee had made the payment to the
Trust to comply with the requirement of Section 43B of
the Act, as the said provision makes it clear that
deduction in respect of bonus would be allowed only
