Bonus act - calculation of allocable surplus
chintan (article assistant) (69 Points)
26 April 2017chintan (article assistant) (69 Points)
26 April 2017
CA D.C. Bansal
(Accounts Head)
(283 Points)
Replied 26 April 2017
In my opinion, Allocable surplus is calculated on company basis, not on unit basis
chintan
(article assistant)
(69 Points)
Replied 30 June 2017
Hello sir,
Appreciate your answer.
However, there are 4 units in my case where 3 units are new and hence, going thrrough losses. Now employees and headd of the 1 unit which is earning profits are of opinon that whay should we accept lower binus due to losses of new units.