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Querist : Anonymous

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Querist : Anonymous (Querist)
15 October 2010 Weather the 20% bonus is allowable under Income Tax Act?
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CA Navin Jain

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CA Navin Jain (Expert)
15 October 2010 not allowed
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
15 October 2010 Allowable under section 36(1)(ii) of the Income tax Act,1961.
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