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Posted by: Prakash Yedhula 19/04/2009 10:33:15

Liability of paying bonus has to be determined only with reference to sections 10 and 11, i.e., the employer is bound to pay the minimum bonus of 4% of wages or the maximum bonus of 20% of wages in accounting year, as the case may be. [Express Cables Pvt. Ltd. v-C.I.T., (1992) 1 L.L.J 441 (Cal.)].



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