Question
According to Section 36 of the Code on Wages, 2019, what is the purpose of carrying forward excess allocable surplus or minimum bonus to the succeeding accounting years?
Solution
Explanation: As per Section 36- (4) Where in any accounting year any amount has been carried forward and set on or set off under this section, then, in calculating bonus for the succeeding accounting year, the amount of set on or set off carried forward from the earliest accounting year shall first be taken into account.
More Section Tests Legal Questions
- Abettor is defined under which section of the Indian Penal Code?
- An assembly which is lawful initially may:
- Confession caused by __________________ is irrelevant in criminal proceedings.
- When a document is executed in counter-parts, it_________.
- Whoever commits a criminal conspiracy towards an offence punishable with death, imprisonment for life is punishable with?
- A instigates B to murder C. B refuses to do so. In this case which of the following is true statement?
- Which of the following is not an offence against public tranquility?
- In case of a genuine electronic record more than 5 years old:
- ‘What cannot be done directly cannot be done indirectly.’ This doctrine relates to
- Preparation of Waging war against the government of India is punishable with ____________
