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It is carried forward for being set on in the succeeding accounting year, Explanation: As per Section 36- (1) Where for any accounting year, the allocable surplus exceeds the amount of maximum bonus payable to the employees in the establishment under section 26, then, the excess shall, subject to a limit of twenty per cent. of the total salary or wage of the employees employed in the establishment in that accounting year, be carried forward for being set on in the succeeding accounting year and so on up to and inclusive of the fourth accounting year to be utilised for the purpose of payment of bonus in such manner as may be prescribed by the Central Government.
Who won the ICC cricket world cup in 2016?
Which country will host the Asian Rifle/Pistol Cup 2026?
Which team won the Indian Super League 2023-24 title recently?
Which of the following pair of "Stadium - Location" is correct?
(I) Eden Gardens - Kolkata
(II) DY Patil Stadium - Ahmedabad
In which year were the first modern Olympic Games held?
Which of the following sporting cups is not associated with badminton?
What is the characteristic of the cricket ball used in women's cricket?
Where is the 2024 Asia Open Pickleball Championships being held?
Kiran Baliyan is known for her achievements in which sport?
The yellow ring in the Olympics represents which continent?