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Bonus Act

(Querist) 17 June 2009 This query is : Resolved 
As per Sec 3 of Bonus Act, if an establishment maintains different accounts for different undertakings then bonus will be calculated accordingly.
My querry is this if a factory makes her own account and thereafter acounts of all the units are consolidated and single profit & loss A/C & Balance Sheet is prepared. Can we say that in this case units are not preparing different accounts for the calculation of bonus.
Raj Kumar Makkad (Expert) 08 February 2010
yes.
Gulshan Tanwar (Expert) 01 May 2010
:)


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