[THE FOURTH SCHEDULE]
|
Year
|
|
Amount equal to sixty per cent or sixty-seven per cent, as the case may be, of available surplus allocable as bonus
|
Amount payable as bonus
|
Set on or set off of the year carried forward
|
Total set on or set off carried forward
|
|
(1)
|
(2)
|
(3)
|
(4)
|
(5)
|
|
|
|
Rs.
|
Rs.
|
Rs.
|
Rs.
|
|
|
1.
|
1,04,167
|
1,04,167***
|
Nil
|
Nil
|
|
|
2.
|
6,35,000
|
2,50,000*
|
Set on 2,50,000*
|
Set on 2,50,000
|
(2)
|
|
3.
|
2,20,000
|
2,50,000*
(inclusive of 30,000 from year-2)
|
Nil
|
Set on 2,20,000
|
(2)
|
|
4.
|
3,75,000
|
2,50,000*
|
Set on 1,25,000
|
Set on 2,20,000
1,25,000
|
(2)
(4)
|
|
5.
|
1,40,000
|
2,50,000*
(inclusive of 1,10,000 from year-2)
|
Nil
|
Set on 1,10,000
1,25,000
|
(2)
(4)
|
|
6.
|
3,10,000
|
2,50,000*
|
Set on 60,000
|
Set on
Nil†
1,25,000
60,000
|
(2)
(4)
(6)
|
|
7.
|
1,00,000
|
2,50,000*
(inclusive of 1,25,000 from year-4 and 25,000 from year-6)
|
Nil
|
Set on 35,000
|
(6)
|
|
8.
|
Nil
(due to loss)
|
1,04,167**
(inclusive of 35,000 from year-6)
|
Set off 69,167
|
Set off 69,167
|
(8)
|
|
9.
|
10,000
|
1,04,167**
|
Set off 94,167
|
Set off 69,167
94,167
|
(8)
(9)
|
|
10.
|
2,15,000
|
1,04,167**
(after setting off 69,167 from year-8 and 41,666 from year-9)
|
Nil
|
Set off 52,501
|
(9)
|
Notes
*Maximum
**Minimum
