Payment of bonus act

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How to calculate the allocable surplus in case of a company having three units at separate places ? What if company having losses in previous financial year and want to give bonus this year? Will those losses be set off against profits of current year ?
Replies (1)

losses will ne set in next year against profit in first year

later on it will be set against same head only and u can

carry forward for losses for 7 years

for paying bonus your have to go through bonus act


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