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
2: Whether deduction on account of
payment of bonus to the employees of the assessee is not
eligible under Section 36 of the Act, as it is hit by
Section 40A(9) of the Act?
As a fact it needs to be noted that in the Assessment
Years in question the workers of the assessee had raised
a dispute
