KUMARAN MILLS LIMITED versus COMMISSIONER OF INCOME-TAX
The business expense bonus amount agreed to be paid more than the legal amount under settlement with workers under section 18 of the Industrial Disputes Act, Section 37 of the Indian Income Tax Act, 1961, Section 37 of the Industrial Disputes Act, 1947, section 18 Indian Payment of Bonus Act, 1965, to be deducted from the amount of trade extension
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