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
v) of
Sub-section(1) of Section 36. However, we are here
concerned with the payment of bonus which is not covered
by any of the aforesaid clauses of sub-section (1) of
Section 36 but is allowable as deduction under clause
(ii) of sub-section (1) of Section 36. Therefore,
Section 40A(9) has no application. Insofar
