tag:blogger.com,1999:blog-64177416885145222142024-02-20T06:54:53.268-08:00The Payment Of Bonus Act, 1965The Payment Of Bonus Act, 1965Unknownnoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6417741688514522214.post-52395621691987454182011-04-09T01:58:00.001-07:002011-04-09T09:46:29.652-07:00PAYMENT OF BONUS RULES, 1975<div align="center" class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in; text-align: center;"><b><span style="color: red; font-size: 18pt;">PAYMENT OF BONUS RULES, 1975<o:p></o:p></span></b></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0.5in; margin-right: 0in; margin-top: 0in; text-align: justify;"><b><span style="font-size: 12pt;">No. G.S.R. 2367, dated the 21st August, 1975<span style="color: red;">1</span>. </span></b><span style="font-size: 12pt;">In exercise of the powers conferred by sec. 38 of the Payment of Bonus Act, 1965 (XXI of 1965), and in supersession of the Payment of Bonus Rules, 1965, the Central Government hereby makes the following rules namely:<o:p></o:p></span></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 1in; margin-right: 0in; margin-top: 0in; text-align: justify; text-indent: -0.5in;"><br />
</div><div class="MsoBodyTextIndent3" style="color: red; font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold; margin-bottom: 0.0001pt; margin-left: 1in; margin-right: 0in; margin-top: 0in; text-align: justify; text-indent: -0.5in;">1. Published in the Gazette of India, Pt. II Sec. 3 (i) dated the 6th September, 1975, P. 2580.</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0.5in; margin-right: 0in; margin-top: 0in; text-align: justify; text-indent: -0.5in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0.5in; margin-right: 0in; margin-top: 0in; text-align: justify; text-indent: -0.5in;"><b><span style="font-size: 12pt;">1. Short title and commencement</span></b><b><span style="font-size: 12pt;">. -</span></b><b><span style="font-size: 12pt;"><o:p></o:p></span></b></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0.2in; margin-right: 0in; margin-top: 0in; text-align: justify; text-indent: 0.2in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 1in; margin-right: 0in; margin-top: 0in; text-align: justify; text-indent: -0.5in;"><b><span style="color: red; font-size: 12pt;">1</span></b><span style="font-size: 12pt;">(1) These rules</span><span style="font-size: 12pt;"> may be called the Payment of Bonus Rules, 1975.<o:p></o:p></span></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 1in; margin-right: 0in; margin-top: 0in; text-align: justify; text-indent: -0.5in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 1in; margin-right: 0in; margin-top: 0in; text-align: justify; text-indent: -0.5in;"><span style="font-size: 12pt;">(2) The shall come into force at once on the date <b><span style="color: red;">2</span></b> of their<b> </b>publication in the official Gazette.<o:p></o:p></span></div><div class="MsoBodyTextIndent" style="color: red; font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold; margin-bottom: 0.0001pt; margin-left: 1in; margin-right: 0in; margin-top: 0in; text-indent: -0.5in;"><br />
</div><div class="MsoBodyTextIndent" style="color: red; font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold; margin-bottom: 0.0001pt; margin-left: 1in; margin-right: 0in; margin-top: 0in; text-indent: -0.5in;">1. Published in the Gazette of India, Pt. II Sec. 3 (i), dated the 6th September, 1975, P. 2580.<o:p></o:p></div><div class="MsoBodyTextIndent" style="color: red; font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold; margin-bottom: 0.0001pt; margin-left: 1in; margin-right: 0in; margin-top: 0in; text-indent: -0.5in;">2. Enforced w.e.f. 6th September, 1975.<o:p></o:p></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in; text-align: justify;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0.5in; margin-right: 0in; margin-top: 0in; text-align: justify; text-indent: -0.5in;"><b><span style="font-size: 12pt;"> 2. Definitions</span></b><b><span style="font-size: 12pt;">. -</span></b><span style="font-size: 12pt;">In</span><b><span style="font-size: 12pt;"> </span></b><span style="font-size: 12pt;">these rules, -<o:p></o:p></span></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 1in; margin-right: 0in; margin-top: 0in; text-indent: -0.5in;"><span style="font-size: 12pt;">(a) “Form” means a form appended to these rules;<o:p></o:p></span></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 1in; margin-right: 0in; margin-top: 0in; text-indent: -0.5in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 1in; margin-right: 0in; margin-top: 0in; text-indent: -0.5in;"><span style="font-size: 12pt;">(b) “Act” means the Payment of Bonus Act, 1965 (XXI of 1965)<o:p></o:p></span></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 1in; margin-right: 0in; margin-top: 0in; text-indent: -0.5in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 1in; margin-right: 0in; margin-top: 0in; text-indent: -0.5in;"><span style="font-size: 12pt;">(c) “Section” means a section of the act<o:p></o:p></span></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0.5in; margin-right: 0in; margin-top: 0in; text-align: justify; text-indent: -0.5in;"><b><span style="font-size: 12pt;">3. Authority for granting permission for change of accounting year</span></b><b><span style="font-size: 12pt;">. -</span></b><span style="font-size: 12pt;">The</span><b><span style="font-size: 12pt;"> </span></b><span style="font-size: 12pt;">prescribed authority for the purposes of the proviso to para. (b) of sub clause (iii) of Cl. (1) of Sec. 2 shall be-<o:p></o:p></span></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in; text-align: justify;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 1in; margin-right: 0in; margin-top: 0in; text-align: justify; text-indent: -0.5in;"><span style="font-size: 12pt;">(a) In the case of an establishment in relation to which the<b> </b>Central Government is the appropriate Government under the Act, the Chief Labour Commissioner (Central);<o:p></o:p></span></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 1in; margin-right: 0in; margin-top: 0in; text-align: justify; text-indent: -0.5in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 1in; margin-right: 0in; margin-top: 0in; text-align: justify; text-indent: -0.5in;"><span style="font-size: 12pt;">(b) In any other case, the Labour Commissioner of the State in which the establishment is situated.<o:p></o:p></span></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in; text-align: justify;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0.5in; margin-right: 0in; margin-top: 0in; text-align: justify; text-indent: -0.5in;"><b><span style="font-size: 12pt;">4. Maintenance of registers. </span></b><span style="font-size: 12pt;">-Every employer shall prepare and maintain the following registers, namely:<o:p></o:p></span></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in; text-align: justify;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 1in; margin-right: 0in; margin-top: 0in; text-align: justify; text-indent: -0.5in;"><span style="font-size: 12pt;">(a)</span><b><span style="font-size: 12pt;"> </span></b><span style="font-size: 12pt;">A register showing the computation of the, allocable surplus referred to<b> </b>in Cl. (4) of Sec. 2 in For<o:p></o:p></span></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 1in; margin-right: 0in; margin-top: 0in; text-align: justify; text-indent: -0.5in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 1in; margin-right: 0in; margin-top: 0in; text-align: justify; text-indent: -0.5in;"><span style="font-size: 12pt;">(b) A register showing the set-on and set-off of the<b> </b>allocable surplus, under Sec. 15, in Form B;<o:p></o:p></span></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 1in; margin-right: 0in; margin-top: 0in; text-align: justify; text-indent: -0.5in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 1in; margin-right: 0in; margin-top: 0in; text-align: justify; text-indent: -0.5in;"><span style="font-size: 12pt;">(c) A register showing the details of the amount of bonus due to each of the employees, the deductions under Sees. 17 and 18 and the amount actually disbursed, in Form C.<o:p></o:p></span></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0.5in; margin-right: 0in; margin-top: 0in; text-align: justify; text-indent: -0.5in;"><b><sup><span style="color: red; font-size: 12pt;">1</span></sup></b><b><span style="font-size: 12pt;">5. Annual returns. </span></b><b><span style="font-size: 12pt;">-</span></b><span style="font-size: 12pt;">Every employer shall send a return in Form D to the Inspector so as to reach the said form to the Inspector within 30 days after the expiry of the time limit specified in Sec. 19 for payment of bonus.]</span><span style="font-size: 12pt;"><o:p></o:p></span></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in; text-align: justify;"><br />
</div><div class="MsoBodyTextIndent2" style="color: red; font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold; margin-bottom: 0.0001pt; margin-left: 1in; margin-right: 0in; margin-top: 0in; text-align: justify; text-indent: -0.5in;">1. Ins. by S.O. 25 1, dated 6th January, 1984 published in the Gazette of India, Pt. II, Sec. 3 (ii), dated 21,January, 1984.</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div align="center" class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in; text-align: center;"><b><span style="color: green; font-size: 14pt;">FORM A<o:p></o:p></span></b></div><br />
<div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div align="center" class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in; text-align: center;"><b><span style="color: green; font-size: 14pt;">See rule 4 (a)<o:p></o:p></span></b></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div align="center" class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in; text-align: center;"><b><span style="color: green; font-size: 14pt;">Set-on and set-off allocable surplus under Sec. 2(4)<o:p></o:p></span></b></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0.5in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Name of the establishment.................. Accounting year ending on the......................<o:p></o:p></span></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div align="center"><table border="1" cellpadding="0" cellspacing="0" style="border-bottom-style: none; border-collapse: collapse; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; width: 622px;"><tbody>
<tr><td colspan="8" style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: windowtext; border-left-style: solid; border-left-width: 0.5pt; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: windowtext; border-top-style: solid; border-top-width: 0.5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 466.25pt;" valign="top" width="622"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Sums deducted from gross profits<o:p></o:p></span></div></td></tr>
<tr><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: windowtext; border-left-style: solid; border-left-width: 0.5pt; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 63.45pt;" valign="top" width="85"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Gross profit for the accounting years<o:p></o:p></span></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;"> (Rs.)<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 72.8pt;" valign="top" width="97"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Depreciation under<o:p></o:p></span></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">(Sec. 6(a)]<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 62.65pt;" valign="top" width="84"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Development rebate or Development allowance<o:p></o:p></span></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">[Sec. 6(b)]<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 50.8pt;" valign="top" width="68"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Director taxes<o:p></o:p></span></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">[Sec. 6.(c)]<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 54.8pt;" valign="top" width="73"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Further sums as are specified under the Third Schedule of the Act<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 54.15pt;" valign="top" width="72"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Total of sums deducted (cols. 2,3,4, and 5)<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 57.45pt;" valign="top" width="77"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Available surplus for the accounting year (col.1 minus col.6)<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 50.15pt;" valign="top" width="67"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Amount of surplus<b><span style="color: red;">1</span></b>67 per cent<b><span style="color: red;">2</span></b>67 per cent of col.7<o:p></o:p></span></div></td></tr>
<tr style="height: 17.5pt;"><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: windowtext; border-left-style: solid; border-left-width: 0.5pt; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; height: 17.5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 63.45pt;" valign="top" width="85"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">1.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; height: 17.5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 72.8pt;" valign="top" width="97"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">2.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; height: 17.5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 62.65pt;" valign="top" width="84"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">3.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; height: 17.5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 50.8pt;" valign="top" width="68"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">4.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; height: 17.5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 54.8pt;" valign="top" width="73"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">5.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; height: 17.5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 54.15pt;" valign="top" width="72"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">6.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; height: 17.5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 57.45pt;" valign="top" width="77"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">7.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; height: 17.5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 50.15pt;" valign="top" width="67"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">8.<o:p></o:p></span></div></td></tr>
<tr style="height: 13.4pt;"><td colspan="8" style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: windowtext; border-left-style: solid; border-left-width: 0.5pt; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; height: 13.4pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 466.25pt;" valign="top" width="622"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 5.4pt; margin-right: 0in; margin-top: 0in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 5.4pt; margin-right: 0in; margin-top: 0in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 5.4pt; margin-right: 0in; margin-top: 0in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 5.4pt; margin-right: 0in; margin-top: 0in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 5.4pt; margin-right: 0in; margin-top: 0in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 5.4pt; margin-right: 0in; margin-top: 0in;"><br />
</div></td></tr>
</tbody></table></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div class="MsoBodyTextIndent" style="color: red; font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold; margin-bottom: 0.0001pt; margin-left: 1in; margin-right: 0in; margin-top: 0in; text-indent: -0.5in;">1. Section 2(4) (a).<o:p></o:p></div><div class="MsoBodyTextIndent" style="color: red; font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold; margin-bottom: 0.0001pt; margin-left: 1in; margin-right: 0in; margin-top: 0in; text-indent: -0.5in;">2. Section 2(4) (b).<o:p></o:p></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div align="center" class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 24pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in; text-align: center;"><b><span style="color: green; font-size: 14pt; text-transform: uppercase;">FORM B<o:p></o:p></span></b></div><br />
<div align="center" class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 24pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in; text-align: center;"><b><span style="color: green; font-size: 14pt; text-transform: uppercase;">[SEE RULE 4 (B)]<o:p></o:p></span></b></div><div align="center" class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 24pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in; text-align: center;"><b><span style="color: green; font-size: 14pt; text-transform: uppercase;">SET-ON AND SET-OFF ALLOCABLE SURPLUS UNDER SEC. 15<o:p></o:p></span></b></div><div align="center" class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 24pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in; text-align: center;"><br />
</div><div align="center"><table border="1" cellpadding="0" cellspacing="0" style="border-bottom-style: none; border-collapse: collapse; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial;"><tbody>
<tr><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: windowtext; border-left-style: solid; border-left-width: 0.5pt; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: windowtext; border-top-style: solid; border-top-width: 0.5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 1.25in;" valign="top" width="120"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Account year<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: windowtext; border-top-style: solid; border-top-width: 0.5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 1.25in;" valign="top" width="120"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Amount allocable as bonus (in Rs.)<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: windowtext; border-top-style: solid; border-top-width: 0.5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 1.25in;" valign="top" width="120"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Amount payable as bonus (in Rs.)<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: windowtext; border-top-style: solid; border-top-width: 0.5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 1.25in;" valign="top" width="120"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Amount of set0on or set-off (in Rs.)<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: windowtext; border-top-style: solid; border-top-width: 0.5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 1.25in;" valign="top" width="120"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Total set-on or set-on or set-off carried forward<o:p></o:p></span></div></td></tr>
<tr><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: windowtext; border-left-style: solid; border-left-width: 0.5pt; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 1.25in;" valign="top" width="120"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">1.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 1.25in;" valign="top" width="120"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">2.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 1.25in;" valign="top" width="120"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">3.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 1.25in;" valign="top" width="120"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">4.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 1.25in;" valign="top" width="120"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">5.<o:p></o:p></span></div></td></tr>
<tr style="height: 19.25pt;"><td colspan="5" style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: windowtext; border-left-style: solid; border-left-width: 0.5pt; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; height: 19.25pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 6.25in;" valign="top" width="600"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 24pt; margin-bottom: 0.0001pt; margin-left: 5.4pt; margin-right: 0in; margin-top: 0in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 24pt; margin-bottom: 0.0001pt; margin-left: 5.4pt; margin-right: 0in; margin-top: 0in;"><br />
</div></td></tr>
</tbody></table></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div align="center" class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 24pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in; text-align: center;"><b><span style="color: green; font-size: 14pt; text-transform: uppercase;">FORM C<o:p></o:p></span></b></div><br />
<div align="center" class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 24pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in; text-align: center;"><b><span style="color: green; font-size: 14pt; text-transform: uppercase;">[SEE RULE 4 (C)]</span></b><b><span style="color: green; font-size: 12pt;"><o:p></o:p></span></b></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 24pt; margin-bottom: 0.0001pt; margin-left: 0.5in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Bonus paid to employees for the accounting year ending on the ……………..<o:p></o:p></span></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 24pt; margin-bottom: 0.0001pt; margin-left: 0.5in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Name of the establishment…………………………..<o:p></o:p></span></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 24pt; margin-bottom: 0.0001pt; margin-left: 0.5in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">No, of working days in the year………………………<o:p></o:p></span></div><div align="center"><table border="1" cellpadding="0" cellspacing="0" style="border-bottom-style: none; border-collapse: collapse; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial;"><tbody>
<tr><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: windowtext; border-left-style: solid; border-left-width: 0.5pt; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: windowtext; border-top-style: solid; border-top-width: 0.5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 40.5pt;" valign="top" width="54"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Sl. No.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: windowtext; border-top-style: solid; border-top-width: 0.5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 57.45pt;" valign="top" width="77"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Name of the employee<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: windowtext; border-top-style: solid; border-top-width: 0.5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 52.75pt;" valign="top" width="70"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Father’s name<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: windowtext; border-top-style: solid; border-top-width: 0.5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 63.45pt;" valign="top" width="85"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Whether he has completed 15 years of age at the beginning of the accounting year<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: windowtext; border-top-style: solid; border-top-width: 0.5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 68.8pt;" valign="top" width="92"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Designation<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: windowtext; border-top-style: solid; border-top-width: 0.5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 50.85pt;" valign="top" width="68"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">No. of days worked in the year<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: windowtext; border-top-style: solid; border-top-width: 0.5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 63.45pt;" valign="top" width="85"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Total salary or wage in respect of the accounting year<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: windowtext; border-top-style: solid; border-top-width: 0.5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 52.75pt;" valign="top" width="70"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Amount of Bonus payable under Sec. 10 or Sec. 11 as the case may be.<o:p></o:p></span></div></td></tr>
<tr><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: windowtext; border-left-style: solid; border-left-width: 0.5pt; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 40.5pt;" valign="top" width="54"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">1.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 57.45pt;" valign="top" width="77"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">2.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 52.75pt;" valign="top" width="70"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">3.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 63.45pt;" valign="top" width="85"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">4.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 68.8pt;" valign="top" width="92"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">5.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 50.85pt;" valign="top" width="68"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">6.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 63.45pt;" valign="top" width="85"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">7.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 52.75pt;" valign="top" width="70"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">8.<o:p></o:p></span></div></td></tr>
<tr><td colspan="8" style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: windowtext; border-left-style: solid; border-left-width: 0.5pt; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 6.25in;" valign="top" width="600"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div></td></tr>
</tbody></table></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 24pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div align="center"><table border="1" cellpadding="0" cellspacing="0" style="border-bottom-style: none; border-collapse: collapse; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; width: 601px;"><tbody>
<tr><td colspan="8" style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: windowtext; border-left-style: solid; border-left-width: 0.5pt; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: windowtext; border-top-style: solid; border-top-width: 0.5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 450.9pt;" valign="top" width="601"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Dedications<o:p></o:p></span></div></td></tr>
<tr><td colspan="4" style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: windowtext; border-left-style: solid; border-left-width: 0.5pt; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 233.9pt;" valign="top" width="312"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 48.15pt;" valign="top" width="64"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Net amount payable (col. 8 minus col.12).<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 50.15pt;" valign="top" width="67"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Amount actually paid<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 40.15pt;" valign="top" width="54"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Date on which paid<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 78.55pt;" valign="top" width="105"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Signature/Thumb impression of the employee<o:p></o:p></span></div></td></tr>
<tr><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: windowtext; border-left-style: solid; border-left-width: 0.5pt; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 63.45pt;" valign="top" width="85"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Puja bonus or other customary bonus paid during the accounting year<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 50.15pt;" valign="top" width="67"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Interim bonus or bonus paid in advance<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 66.15pt;" valign="top" width="88"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Deduction account of financial loss, if any, caused by misconduct of the employee<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 54.15pt;" valign="top" width="72"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Total sum deducted under Cols. 9,10 and 11)<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 48.15pt;" valign="top" width="64"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 50.15pt;" valign="top" width="67"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 40.15pt;" valign="top" width="54"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 78.55pt;" valign="top" width="105"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div></td></tr>
<tr><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: windowtext; border-left-style: solid; border-left-width: 0.5pt; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 63.45pt;" valign="top" width="85"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">9.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 50.15pt;" valign="top" width="67"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">10.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 66.15pt;" valign="top" width="88"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">11.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 54.15pt;" valign="top" width="72"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">12.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 48.15pt;" valign="top" width="64"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">13.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 50.15pt;" valign="top" width="67"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">14.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 40.15pt;" valign="top" width="54"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">15.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 78.55pt;" valign="top" width="105"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">16.<o:p></o:p></span></div></td></tr>
<tr style="height: 10.9pt;"><td colspan="8" style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: windowtext; border-left-style: solid; border-left-width: 0.5pt; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; height: 10.9pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 450.9pt;" valign="top" width="601"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 5.4pt; margin-right: 0in; margin-top: 0in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 5.4pt; margin-right: 0in; margin-top: 0in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 5.4pt; margin-right: 0in; margin-top: 0in;"><br />
</div></td></tr>
</tbody></table></div><div align="center" class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 24pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in; text-align: center;"><b><span style="color: red; font-size: 12pt;">1</span></b><b><span style="color: green; font-size: 12pt;">[FORM D<o:p></o:p></span></b></div><br />
<div align="center" class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in; text-align: center;"><b><span style="color: green; font-size: 12pt;">(See rule 5)<o:p></o:p></span></b></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0.5in; margin-right: 0in; margin-top: 0in; text-indent: -0.5in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 1in; margin-right: 0in; margin-top: 0in; text-indent: -0.5in;"><b><span style="color: red; font-size: 12pt;">1. Ins. by S.O. 251, dated 6<sup>th</sup> January, 1984, published in the Gazette of India, Pt. II, Sec. 3 (ii) dated 21<sup>st</sup> January, 1984.</span></b><b><span style="color: #99cc00; font-size: 12pt;"><o:p></o:p></span></b></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 24pt; margin-bottom: 0.0001pt; margin-left: 1in; margin-right: 0in; margin-top: 0in; text-indent: -0.5in;"><span style="font-size: 12pt;">Annual Return-Bonus paid to employees for the accounting year ending on the……… <o:p></o:p></span></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0.5in; margin-right: 0in; margin-top: 0in; text-indent: -0.5in;"><span style="font-size: 12pt;">1. Name of the establishment and its complete postal Addresses……………<o:p></o:p></span></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0.5in; margin-right: 0in; margin-top: 0in; text-indent: -0.5in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0.5in; margin-right: 0in; margin-top: 0in; text-indent: -0.5in;"><span style="font-size: 12pt;">2. Nature of the Industry………………………….<o:p></o:p></span></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0.5in; margin-right: 0in; margin-top: 0in; text-indent: -0.5in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0.5in; margin-right: 0in; margin-top: 0in; text-indent: -0.5in;"><span style="font-size: 12pt;">3. Name of the Employer………………………….<o:p></o:p></span></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0.5in; margin-right: 0in; margin-top: 0in; text-indent: -0.5in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0.5in; margin-right: 0in; margin-top: 0in; text-indent: -0.5in;"><span style="font-size: 12pt;">4. Total Number employees………………….<o:p></o:p></span></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0.5in; margin-right: 0in; margin-top: 0in; text-indent: -0.5in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0.5in; margin-right: 0in; margin-top: 0in; text-indent: -0.5in;"><span style="font-size: 12pt;">5. Number of employees benefited by bonus payments………………..<o:p></o:p></span></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><table border="1" cellpadding="0" cellspacing="0" style="border-bottom-style: none; border-collapse: collapse; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial;"><tbody>
<tr><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: windowtext; border-left-style: solid; border-left-width: 0.5pt; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: windowtext; border-top-style: solid; border-top-width: 0.5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 63.85pt;" valign="top" width="85"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">1.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: windowtext; border-top-style: solid; border-top-width: 0.5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 65.15pt;" valign="top" width="87"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">2.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: windowtext; border-top-style: solid; border-top-width: 0.5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 64.25pt;" valign="top" width="86"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">3.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: windowtext; border-top-style: solid; border-top-width: 0.5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 63.75pt;" valign="top" width="85"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">4.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: windowtext; border-top-style: solid; border-top-width: 0.5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 63.9pt;" valign="top" width="85"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">5.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: windowtext; border-top-style: solid; border-top-width: 0.5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 65.15pt;" valign="top" width="87"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">6.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: windowtext; border-top-style: solid; border-top-width: 0.5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 63.95pt;" valign="top" width="85"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">7.<o:p></o:p></span></div></td></tr>
<tr><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: windowtext; border-left-style: solid; border-left-width: 0.5pt; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 63.85pt;" valign="top" width="85"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Total amount payable as bonus under sec. 10 or 11 of the Payment of Bonus Act, 1965 as the case may be<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 65.15pt;" valign="top" width="87"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Settlement, if any reached under sec. 18(1) or 12(3) of the Industrial Disputes Act, 1947 with date.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 64.25pt;" valign="top" width="86"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Percentage of bonus declared to be paid<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 63.75pt;" valign="top" width="85"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Total amount of bonus actually paid<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 63.9pt;" valign="top" width="85"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Date on which payment made.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 65.15pt;" valign="top" width="87"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Whether bonus has been paid to all the employees. If not, reasons for non-payment.<o:p></o:p></span></div></td><td style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: initial; border-left-style: none; border-left-width: initial; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 63.95pt;" valign="top" width="85"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;">Remarks<o:p></o:p></span></div></td></tr>
<tr><td colspan="7" style="border-bottom-color: windowtext; border-bottom-style: solid; border-bottom-width: 0.5pt; border-left-color: windowtext; border-left-style: solid; border-left-width: 0.5pt; border-right-color: windowtext; border-right-style: solid; border-right-width: 0.5pt; border-top-color: initial; border-top-style: none; border-top-width: initial; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 6.25in;" valign="top" width="600"><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div></td></tr>
</tbody></table><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-size: 12pt;"> Signature of the Employer or his agent.]<o:p></o:p></span></div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 5.4in; margin-right: 0in; margin-top: 0in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; line-height: 12pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: 10pt; margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div><span style="font-size: 12pt;"><br />
</span></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6417741688514522214.post-54999028972771174922011-04-08T02:00:00.000-07:002011-04-08T02:00:20.579-07:00CASE LAWS<div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• Lay-off compensation paid to the employees will form part of 'wages' under the Act for determination of bonus payable to the employees.</div><div style="text-align: justify;">1.<span class="Apple-tab-span" style="white-space: pre;"> </span>P.K. Mohankumar v. Deputy !J1bour Commissioner, 1991 LLR 138 (Ker HC).</div><div style="text-align: justify;">2.<span class="Apple-tab-span" style="white-space: pre;"> </span>Mohan Kumar v. Deputy lAbour Commissioner, 1996 LLR 765 (Ker He).</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• Tamil Nadu Water Supply & Drainage Board will not be entitled to exemption from paying bonus under the Payment of Bonus Act.</div><div style="text-align: justify;">Tamil Nadu Water Supply and Drainage Board Engineers Association v. State Government of T.N. and Tamil Nadu Water Supply and Drainage Board, 1991 LLR 851: 1991-I! LL) 394 (Mad HC).</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• Cash site allowance and food allowance paid to employee - Whether form part of salary to attract the payment of bonus? No.</div><div style="text-align: justify;">United Shippers and Dredgers Ltd., Nilgiris v. lAbour Court, Coimbatorc, 1992 LLR 607: 1992¬1 LLN 848 (Mad HC).</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• Petitioner's application for exemption of payment of bonus - On the ground of catastrophic fire causing colossal damage which crippled its very existence of the mills - Subjected to continuous heavy financial losses - There is a good and sufficient cause for grant of reliefs under section 36 - Exemption from payment of bonus should be granted.</div><div style="text-align: justify;">Phoenix Mills Ltd. v. The State of Maharashtra, (1993) 11I LL) (Supp) 844: 1993 LLR 783: 1993(67) FLR 231 (Born HC).</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• Payment of Bonus - Application (for exemption by 14 Mills) - Decided by Minister by giving a hearing on single day• Also passed almost identical orders in all the cases - Though it had distinct facts - A case of non-application of mind • Order liable to be struck down on this ground.</div><div style="text-align: justify;">Phoenix Mills Ltd. v. The State of Maharashtra, (1993) III LL) (Supp) 844: 1993 LLR '783: 1993(67) FLR 231 (Born HC).</div><div style="text-align: justify;">Bonus to suspended employee - see under the head 'suspension'.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• Entitlement of an employee reinstated with back wages - Whether Bonus is payable? Yes.</div><div style="text-align: justify;">Project Manager, Oil and Natural Gas Commission v. Sham Kumar Sehgal, (1995) 1 LLN 901: 1994 UC 2086: (1995) 71 FLR 176: 1995 LLR 619 (Guj HC).</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• A workman who has worked for two years will be entitled to minimum bonus @ 8.33% for the period he has worked.</div><div style="text-align: justify;">Balwant Dinkar Kndam v. Proprietor, MCGAY Industries, 1995 LLR 624: 1995(70) FLR 1064 (Born HC).</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• Denial of ex gratia under a scheme in lieu of bonus to daily wage employees will not amount to discrirnina tion.</div><div style="text-align: justify;">Haryana State Roadways through General Manager, Hissar v. Presiding Officer, LAbour Court, Hissar, (1996) 2 PLR 727: (1997) 75 FLR 756: 1996 LLR 992: 1996-1I LLN 365 (P&H HC).</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• Payment of Bonus Act will not apply to Haryana State Roadways of Haryana Govenunent.</div><div style="text-align: justify;">Haryana State Roadways through General Manager, Hissor v. Presiding Officer, LAbour Court, Hissar, (1996) 2 PLR 727: (1997) 75 FLR 756: 1996 LLR 992: 1996-1II LLN 365 (P&H HC).</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• Payment of bonus will be forfeited if a bus conductor is guilty of reissuing sold tickets and mis-appropriation of even Rs. 1.60.</div><div style="text-align: justify;">Pandiyan Roadways Corporation Ltd. v. Labour Court, 1996 LIC 2589: 1997 LLR 83: 1996-1I LLj 1229 (Mad HC).</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• Amendment to the Payment of Bonus Act with retrospective operation from raising the limit from Rs. 1600 to Rs. 2500 and from Rs. 2500 to Rs. 3500 will not be ultra vires of the Constitution of India.</div><div style="text-align: justify;">I.K. Acrylics v. Union of India, (1997) 4 LLN 85: 1997-1I CLR 881 (Raj HC).</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• Enhancement of salary ceiling for bonus with retrospective effect is justified.</div><div style="text-align: justify;">J.K. Acrylics v. Union of India, (1997) 4 LLN 85: 1997 LLR 1150 (Raj HC).</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• T.N. Water Supply and Drainage Board is not exempted under the Payment of Bonus Act.</div><div style="text-align: justify;">Tamil Nadu Water Supply & Drainage Board v. Tamil Nadu Water Supply & Drainage Board Engineers' Association, 1998 LLR 417 (SC).</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• Employee cannot claim bonus linked with productivity unless there is a special agreement.</div><div style="text-align: justify;">S,G. Pharmaceuticals v. Sarabhai Chemical Staff Association, (1999) 1 CLR404: 1999 LLR 291 (Guj HC).</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• A reinstated employee will not entitled to bonus for the period when he did not work because of his illegal termination.</div><div style="text-align: justify;">Ahmed Hussain v. Management of Swadeshi Cotton Mills, Pondicherry, (2000) 96 FJR 476: 1999 LLR 904 (Mad HC).</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• When an employee is illegally dismissed, it cannot be said that the employee "did not work in the establishment" as normally understood. "Worked" in section 8 of the Payment of Bonus Act, 1965, having regard to the historic background should mean "ready and willing to work" and such working should not be understood with reference to the dictionary meaning of the word and the eligibility understood in the abstract. Thus he will be entitled to Bonus.</div><div style="text-align: justify;">Ahmed Hussain v. Mnnagement of Swadeshi Cotton Mills, (1999) 1I LLj 972: 2000 (96) FJR 476 (Mad HC).</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• Retention allowance paid to seasonal employees will form part of 'wages' under the Payment of Bonus Act, 1965 and such employees will be entitled to bonus.</div><div style="text-align: justify;">Sangammer Bhag Sahakari Sakhar Karkhana Ltd. v. Rashtriya Sakhar Karngar Union, (2001) 1I LLJ 707: 2001 LLR (Sum) 1068 (Born HC).</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• Granting exemption from the provisions of bonus when the financial position of the company was not considered will not be justified.</div><div style="text-align: justify;">Andhra Pradesh State Forest Development Corporation Ltd., Employees Union v. Government of Andhra Pradesh, Environment, Forests, Science and Technology (Forest II) Department, 2001 LLR (Sum) 522 (AP He).</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• A captive division of the main HMT Watch Company will not be eligible for infancy benefit for payment of bonus.</div><div style="text-align: justify;">Workmen of Hindustan Machine Tools Ltd. (Specialised Watch Case Division) v. Hindustan Machine Tools Ltd" 2001 LLR 465.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• Medical college, not hospital will be exempted from Payment of Bonus Act.</div><div style="text-align: justify;">Christian Medical College and Hospital, Vel/ore v. Presiding Officer, Industrial Tribunal, Madras, (2002) 1 MLJ 720: (2002) 11 CLR 69: (2002) 93 FLR 722: 2002 LLR 621: 2003 (98) FLR 1153 (Mad HC).</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• Bonus can be forfeited if dismissal is for riotous behaviour.</div><div style="text-align: justify;">KL.J. Plastics Ltd. v. Labour Court-lII, Hyderabad, 2002 LIC 2275: (2002) 4 LLN 638: (2002) 95 FLR 966: (2002) III LLJ 619: 2002 LLR 1073 (AP He).</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• Ex gratia not being bonus under the Payment of Bonus Act can not be claimed by the workman as a matter of right since it is paid at the will of the employer.</div><div style="text-align: justify;">Godrej Soaps Ltd. v. Baban Baburao Nemane, (2003) 98 FLR 569: 2003 LLR 1065: 2003-111 LLJ 1036 (Born He).</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• Even though the workmen have worked during the period 1994-95, it was only by way of a goodwill gesture that the ex gratia payment had been made to those who were not within the purview of the Payment of Bonus Act, 1965 hence they could not claim to be such employees who had been included in the order for payment.</div><div style="text-align: justify;">Godrej Soaps Ltd. v. Baban Baburao Nemane, (2003) 98 FLR 569: 2003 LLR 1065: 2003-11I LLJ 1036 (Born He).</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• City compensatory allowance will form part of wages for calculation of bonus.</div><div style="text-align: justify;">Jeeva Transport Corporation Ltd. v. The Presiding Officer, Labour Court, Coimbatore, 2004 LIe 2202: (2004) III LLJ 422: 2004 LLR 802 (Mad He).</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• Deduction to the extent of 40% of net profit to create reserve fund by a Bank as permitted by the Reserve Bank of India will be proper while arriving at the allocable surplus for calculation of bonus.</div><div style="text-align: justify;">Management of Tamil Nadu State Apex Cooperative Bank v. Workmen rep. by its Secretary, TNSC Bank Employees' Union, Chennai, 2005-1 LLJ 905 (Mad He).</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• Piece-rated employment like loading and unloading on contract basis on a non¬exclusive basis has not been visualized under the Payment of Bonus Act.</div><div style="text-align: justify;">Kera/a State Civil Supplies Carpn. v. Industrial Tribunal, 2007 LLR 525 (Ker He).</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• Employer-employee relationship, contemplated under the Bonus Act is not simultaneous employment during the same period under more than, one employer.</div><div style="text-align: justify;">Kerala State Civil Supplies Corpn. v. Industrial Tribunal, 2007 LLR 525 (Ker He).</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• Bonus not payable on the suspension allowance since employee did not actually work.</div><div style="text-align: justify;">Deccan Merchant Coop, Bank Ltd. v. Avdhoot Marutirao Rane, 2008 LLR 30 (Born He).</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• A dispute about bonus is to be decided by the Industrial Tribunal not the Labour Court.</div><div style="text-align: justify;">H.P. State Electricity Board v. Ranjeet Singh, 2008 LLR 766 (SC).</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• Bonus can be claimed under Payment of Bonus Act in Labour Court.</div><div style="text-align: justify;">Shivanand Misra v. M.P. Road Transport Corporation, Bhopal, 2009 LLR 40 (MP He).</div><div style="text-align: justify;"><br />
</div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6417741688514522214.post-60117549260249237112010-05-09T07:04:00.000-07:002010-05-09T07:04:32.536-07:00THE PAYMENT OF BONUS ACT, 1965<div align="justify"></div><div align="justify"><strong><span style="color: #cc0000;">1.</span> Short title, extent and application.</strong>—(1) This Act may be called the Payment of Bonus Act, 1965.</div><div align="justify"><br />
</div><div align="justify">(2) It extends to the whole of India 1[***].</div><div align="justify"><br />
</div><div align="justify">(3) Save as otherwise provided in this Act, it shall apply to— </div><div align="justify"><br />
</div><div align="justify">(a) every factory; and</div><div align="justify"><br />
</div><div align="justify">(b) every other establishment in which twenty or more persons are employed on any day during an accounting year:</div><div align="justify"><br />
</div><div align="justify">2[Provided that the appropriate Government may, after giving not less than two months’ notice of its intention so to do, by notification in the Official Gazette, apply the provisions of this Act with effect from such accounting year as may be specified in the notification, to any establishment or class of establishments [including an establishment being a factory within the meaning of sub-clause (ii) of clause (m) of section 2 of the Factories Act, 1948 (63 of 1948)] employing such number of persons less than twenty as may be specified in the notification; so, however, that the number of persons so specified shall in no case be less than ten.]</div><div align="justify"><br />
</div><div align="justify">(4) Save as otherwise provided in this Act, the provisions of this Act shall, in relation to a factory or other establishment to which this Act applies, have effect in respect of the accounting year commencing on any day in the year 1964 and in respect of every subsequent accounting year:</div><div align="justify"><br />
</div><div align="justify">3[Provided that in relation to the State of Jammu and Kashmir, the reference to the accounting year commencing on any day in the year 1964 and every subsequent accounting year shall be construed as reference to the accounting year commencing on any day in the year 1968 and every subsequent accounting year:]</div><div align="justify"><br />
</div><div align="justify">2[Provided further that when the provisions of this Act have been made applicable to any establishment or class of establishments by the issue of a notification under the proviso to sub-section (3), the reference to the accounting year commencing on any day in the year 1964 and every subsequent accounting year or, as the case may be, the reference to the accounting year commencing on any day in the year 1968 and every subsequent accounting year, shall, in relation to such establishment or class of establishments, be construed as a reference to the accounting year specified in such notification and every subsequent accounting year.]</div><div align="justify"><br />
</div><div align="justify">(5) An establishment to which this Act applies 4[***] shall continue to be governed by this Act notwithstanding that the number of persons employed therein falls below twenty 5[or, as the case may be, the number specified in the notification issued under the proviso to sub-section (3)].</div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: #cc0000;">2.</span> Definitions. </strong>—In this Act, unless the context otherwise requires,— </div><div align="justify"><br />
</div><div align="justify">(1) “accounting year” means— </div><div align="justify"><br />
</div><div align="justify">(i) in relation to a corporation, the year ending on the day on which the books and accounts of the corporation are to be closed and balanced; </div><div align="justify"><br />
</div><div align="justify">(ii) in relation to a company, the period in respect of which any profit and loss account of the company laid before it in annual general meeting is made up, whether that period is a year or not; </div><div align="justify"><br />
</div><div align="justify">(iii) in any other case— </div><div align="justify"><br />
</div><div align="justify">(a) the year commencing on the 1st day of April; or </div><div align="justify"><br />
</div><div align="justify">(b) if the accounts of an establishment maintained by the employer thereof are closed and balanced on any day other than the 31st day of March, then, at the option of the employer, the year ending on the day on which its accounts are so closed and balanced: </div><div align="justify"><br />
</div><div align="justify">Provided that an option once exercised by the employer under paragraph (b) of this sub-clause shall not again be exercised except with the previous permission in writing of the prescribed authority and upon such conditions as that authority may think fit; </div><div align="justify"><br />
</div><div align="justify">(2) “agricultural income” shall have the same meaning as in the Income-tax Act; </div><div align="justify"><br />
</div><div align="justify">(3) “agricultural income-tax law” means any law for the time being in force relating to the levy of tax on agricultural income; </div><div align="justify"><br />
</div><div align="justify">(4) “allocable surplus” means— </div><div align="justify"><br />
</div><div align="justify">(a) in relation to an employer, being a company 1[(other than a banking company)] which has not made the arrangements prescribed under the Income-tax Act for the declaration and payment within India of the dividends payable out of its profits in accordance with the provisions of section 194 of that Act, sixty-seven per cent of the available surplus in an accounting year; </div><div align="justify"><br />
</div><div align="justify">(b) in any other case, sixty per cent of such available surplus; </div><div align="justify"><br />
</div><div align="justify">2[***] </div><div align="justify"><br />
</div><div align="justify">(5) “appropriate Government” means— </div><div align="justify"><br />
</div><div align="justify">(i) in relation to an establishment in respect of which the appropriate Government under the Industrial Disputes Act, 1947 (14 of 1947), is the Central Government, the Central Government; </div><div align="justify"><br />
</div><div align="justify">(ii) in relation to any other establishment, the Government of the State in which that other establishment is situate; </div><div align="justify"><br />
</div><div align="justify">(6) “available surplus” means the available surplus computed under section 5; </div><div align="justify"><br />
</div><div align="justify">(7) “award” means an interim or a final determination of any industrial dispute or of any question relating thereto by any Labour Court, Industrial Tribunal or National Tribunal constituted under the Industrial Disputes Act, 1947 (14 of 1947), or by any other authority constituted under any corresponding law relating to investigation and settlement of industrial disputes in force in a State and includes an arbitration award made under section 10A of that Act or under that law; </div><div align="justify"><br />
</div><div align="justify">(8) “banking company” means a banking company as defined in section 5 of the Banking Companies Act, 1949 (10 of 1949), and includes the State Bank of India, any subsidiary bank as defined in the State Bank of India (Subsidiary Banks) Act, 1959 (38 of 1959), 3[any corresponding new bank specified in the First Schedule to the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970), 4[any corresponding new bank constituted under section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 (40 of 1980),] any co-operative bank as defined in clause (bii) of section 2 of the Reserve Bank of India Act, 1934 (2 of 1934),] and any other banking institution which may be notified in this behalf by the Central Government; </div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: #cc0000;">3. </span>Establishments to include departments, undertakings and branches.</strong>—Where an establishment consists of different departments or undertakings or has branches, whether situated in the same place or in different places, all such departments or undertakings or branches shall be treated as parts of the same establishment for the purpose of computation of bonus under this Act:</div><div align="justify"><br />
</div><div align="justify">Provided that where for any accounting year a separate balance-sheet and profit and loss account are prepared and maintained in respect of any such department or undertaking or branch, then, such department or undertaking or branch shall be treated as a separate establishment for the purpose of computation of bonus, under this Act for that year, unless such department or undertaking or branch was, immediately before the commencement of that accounting year treated as part of the establishment for the purpose of computation of bonus. </div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify">1[4. Computation of gross profits.—The gross profits derived by an employer from an establishment in respect of the accounting year shall—</div><div align="justify"><br />
</div><div align="justify">(a) in the case of a banking company, be calculated in the manner specified in the First Schedule; </div><div align="justify"><br />
</div><div align="justify">(b) in any other case, be calculated in the manner specified in the Second Schedule.] </div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: #cc0000;">5. </span>Computation of available surplus.</strong>—The available surplus in respect of any accounting year shall be the gross profits for that year after deducting therefrom the sums referred to in section 6:</div><div align="justify"><br />
</div><div align="justify">1[Provided that the available surplus in respect of the accounting year commencing on any day in the year 1968 and in respect of every subsequent accounting year shall be the aggregate of—</div><div align="justify"><br />
</div><div align="justify">(a) the gross profits for that accounting year after deducting therefrom the sums referred to in section 6; and </div><div align="justify"><br />
</div><div align="justify">(b) an amount equal to the difference between— </div><div align="justify"><br />
</div><div align="justify">(i) the direct tax, calculated in accordance with the provisions of section 7, in respect of an amount equal to the gross profits of the employer for the immediately preceding accounting year; and </div><div align="justify"><br />
</div><div align="justify">(ii) the direct tax, calculated in accordance with the provisions of section 7, in respect of an amount equal to the gross profits of the employer for such preceding accounting year after deducting therefrom the amount of bonus which the employer has paid or is liable to pay to his employees in accordance with the provisions of this Act for that year.]</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: #cc0000;">6. </span>Sums deductible from gross profits.</strong>—The following sums shall be deducted from the gross profits as prior charges, namely:—</div><div align="justify"><br />
</div><div align="justify">(a) any amount by way of depreciation admissible in accordance with the provisions of sub-section (1) of section 32 of the Income-tax Act, or in accordance with the provisions of the agricultural income-tax law, as the case may be:</div><div align="justify"><br />
</div><div align="justify">Provided that where an employer has been paying bonus to his employees under a settlement or an award or agreement made before the 29th May, 1965, and subsisting on that date after deducting from the gross profits notional normal depreciation, then, the amount of depreciation to be deducted under this clause shall, at the option of such employer (such option to be exercised once and within one year from that date) continue to be such notional normal depreciation; </div><div align="justify"><br />
</div><div align="justify">(b) any amount by way of 1[development rebate or investment allowance or development allowance] which the employer is entitled to deduct from his income under the income-tax Act;</div><div align="justify"><br />
</div><div align="justify">(c) subject to the provisions of section 7, any direct tax which the employer is liable to pay for the accounting year in respect of his income, profits and gains during that year; </div><div align="justify"><br />
</div><div align="justify">(d) such further sums as are specified in respect of the employer in the 2[Third Schedule].</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: #cc0000;">7. </span>Calculation of direct tax payable by the employer.—</strong>1[Any direct tax payable by the employer] for any accounting year shall, subject to the following provisions, be calculated at the rates applicable to the income of the employer for that year, namely:—</div><div align="justify"><br />
</div><div align="justify">(a) in calculating such tax no account shall be taken of— </div><div align="justify"><br />
</div><div align="justify">(i) any loss incurred by the employer in respect of any previous accounting year and carried forward under any law for the time being in force relating to direct taxes; </div><div align="justify"><br />
</div><div align="justify">(ii) any arrears of depreciation which the employer is entitled to add to the amount of the allowance for depreciation for any following accounting year or years under sub-section (2) of section 32 of the Income-tax Act; </div><div align="justify"><br />
</div><div align="justify">(iii) any exemption conferred on the employer under section 84 of the Income-tax Act or of any deduction to which he is entitled under sub-section (1) of section 101 of that Act, as in force immediately before the commencement of the Finance Act, 1965 (10 of 1965); </div><div align="justify"><br />
</div><div align="justify">(b) where the employer is a religious or a charitable institution to which the provisions of section 32 do not apply and the whole or any part of its income is exempt from tax under the Income-tax Act, then, with respect to the income so exempted, such institution shall be treated as if it were a company in which the public are substantially interested within the meaning of that Act; </div><div align="justify"><br />
</div><div align="justify">(c) where the employer is individual or a Hindu Undivided Family, the tax payable by such employer under the Income-tax Act shall be calculated on the basis that the income derived by him from the establishment is his only income; </div><div align="justify"><br />
</div><div align="justify">(d) where the income of any employer includes any profits and gains derived from the export of any goods or merchandise out of India and any rebate on such income is allowed under any law for the time being in force relating to direct taxes, then, no account shall be taken of such rebate; </div><div align="justify"><br />
</div><div align="justify">(e) no account shall be taken of any rebate 2[(other than development rebate or investment allowance or development allowance)] or credit or relief or deduction (not hereinbefore mentioned in this section) in the payment of any direct tax allowed under any law for the time being in force relating to direct taxes or under the relevant annual Finance Act, for the development of any industry.</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: #cc0000;">8. </span>Eligibility for bonus.</strong>—Every employee shall be entitled to be paid by his employer in an accounting year, bonus, in accordance with the provisions of this Act, provided he has worked in the establishment for not less than thirty working days in that year.</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: #cc0000;">9. </span>Disqualification for bonus</strong>.—Notwithstanding anything contained in this Act, an employee shall be disqualified from receiving bonus under this Act, if he is dismissed from service for—</div><div align="justify"><br />
</div><div align="justify">(a) fraud; or </div><div align="justify"><br />
</div><div align="justify">(b) riotous or violent behaviour while on the premises of the establishment; or </div><div align="justify"><br />
</div><div align="justify">(c) theft, misappropriation or sabotage of any property of the establishment. </div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: black;">1[<span style="color: #cc0000;">10.</span> Payment of minimum bonus.</span></strong>—Subject to the other provisions of this Act, every employer shall be bound to pay to every employee in respect of the accounting year commencing on any day in the year 1979 and in respect of every subsequent accounting year, a minimum bonus which shall be 8.33 per cent. of the salary or wage earned by the employee during the accounting year or one hundred rupees, whichever is higher, whether or not the employer has any allocable surplus in the accounting year:</div><div align="justify"><br />
</div><div align="justify">Provided that where an employee has not completed fifteen years of age at the beginning of the accounting year, the provisions of this section shall have effect in relation to such employee as if for the words “one hundred rupees”, the words “sixty rupees” were substituted.]</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify">1[<strong><span style="color: #cc0000;">11.</span> Payment of maximum bonus.—(</strong>1) Where in respect of any accounting year referred to in section 10, the allocable surplus exceeds the amount of minimum bonus payable to the employees under that section, the employer shall, in lieu of such minimum bonus, be bound to pay to every employee in respect of that accounting year bonus which shall be an amount in proportion to the salary or wage earned by the employee during the accounting year subject to a maximum of twenty per cent. of such salary or wage.</div><div align="justify"><br />
</div><div align="justify">(2) In computing the allocable surplus under this section, the amount set on or the amount set off under the provisions of section 15 shall be taken into account in accordance with the provisions of that section.] </div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify">1[ <strong><span style="color: #cc0000;">12.</span>Calculation of bonus with respect to certain employees.</strong> —Where the salary or wage of an employee exceeds 2[three thousand and five hundred rupees] per mensem , the bonus payable to such employee under section 10 or, as the case may be, under section 11, shall be calculated as if his salary or wage were 2[three thousand and five hundred rupees] per mensem .] </div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify">1[<strong><span style="color: #cc0000;">13.</span> Proportionate reduction in bonus in certain cases.—</strong>Where an employee has not worked for all the working days in an accounting year, the minimum bonus of one hundred rupees or, as the case may be, of sixty rupees, if such bonus is higher than 8.33 per cent. of his salary or wage for the days he has worked in that accounting year, shall be proportionately reduced.]</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: #cc0000;">14.</span> Computation of number of working days.—</strong>For the purposes of section 13, an employee shall be deemed to have worked in an establishment in any accounting year also on the days on which—</div><div align="justify"><br />
</div><div align="justify">(a) he has been laid off under an agreement or as permitted by standing orders under the Industrial Employment (Standing Orders) Act, 1946 (20 of 1946), or under the Industrial Disputes Act, 1947 (14 of 1947), or under any other law applicable to the establishment; </div><div align="justify"><br />
</div><div align="justify">(b) he has been on leave with salary or wage; </div><div align="justify"><br />
</div><div align="justify">(c) he has been absent due to temporary disablement caused by accident arising out of and in the course of his employment; and </div><div align="justify"><br />
</div><div align="justify">(d) the employee has been on maternity leave with salary or wage, during the accounting year. </div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify">1[<strong><span style="color: #cc0000;">15.</span> Set on and set off of allocable surplus.</strong>—(1) Where for any accounting year, the allocable surplus exceeds the amount of maximum bonus payable to the employees in the establishment under section 11, 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 the manner illustrated in the Fourth Schedule.</div><div align="justify"><br />
</div><div align="justify">(2) Where for any accounting year, there is no available surplus or the allocable surplus in respect of that year falls short of the amount of minimum bonus payable to the employees in the establishment under section 10, and there is no amount on sufficient amount carried forward and set on under sub-section (1) which could be utilised for the purpose of payment of the minimum bonus, then, such minimum amount or the deficiency, as the case may be, shall be carried forward for being set off in the succeeding accounting year and so on up to and inclusive of the fourth accounting year in the manner illustrated in the Fourth Schedule.</div><div align="justify"><br />
</div><div align="justify">(3) The principle of set on and set off as illustrated in the Fourth Schedule shall apply to all other cases not covered by sub-section (1) or sub-section (2) for the purpose of payment of bonus under this Act. </div><div align="justify"><br />
</div><div align="justify">(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.] </div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: #cc0000;">16. </span>Special provisions with respect to certain establishments.</strong>—1[(1) Where an establishment is newly set up, whether before or after the commencement of this Act, the employees of such establishment shall be entitled to be paid bonus under this Act in accordance with the provisions of sub-sections (1A), (1B) and (1C).</div><div align="justify"><br />
</div><div align="justify">(1A) In the first five accounting years following the accounting year in which the employer sells the goods produced or manufactured by him or renders services, as the case may be, from such establishment, bonus shall be payable only in respect of the accounting year in which the employer derives profit from such establishment and such bonus shall be calculated in accordance with the provisions of this Act in relation to that year, but without applying the provisions of section 15.</div><div align="justify"><br />
</div><div align="justify">(1B) For the sixth and seventh accounting years following the accounting year in which the employer sells the goods produced or manufactured by him or renders services, as the case may be, from such establishment, the provisions of section 15 shall apply subject to the other following modifications, namely:— </div><div align="justify"><br />
</div><div align="justify">(i) for the sixth accounting year— </div><div align="justify"><br />
</div><div align="justify">set on or set off, as the case may be, shall be made in the manner illustrated in the 2[Fourth Schedule] taking into account the excess or deficiency, if any, as the case may be, of the allocable surplus set on or set off in respect of the fifth and sixth accounting years;</div><div align="justify"><br />
</div><div align="justify">(ii) for the seventh accounting year— </div><div align="justify"><br />
</div><div align="justify">set on or set off, as the case may be, shall be made in the manner illustrated in the 2[Fourth Schedule] taking into account the excess or deficiency, if any, as the case may be, of the allocable surplus set on or set off in respect of the fifth, sixth and seventh accounting years. </div><div align="justify"><br />
</div><div align="justify">(1C) From the eighth accounting year following the accounting year in which the employer sells the goods produced or manufactured by him or renders services, as the case may be, from such establishment, the provisions of section 15 shall apply in relation to such establishment as they apply in relation to any other establishment. </div><div align="justify"><br />
</div><div align="justify">Explanation I.—For the purpose of sub-section (1), an establishment shall not be deemed to be newly set up merely by reason of a change in its location, management, name or ownership. </div><div align="justify"><br />
</div><div align="justify">Explanation II.—For the purpose of sub-section (1A), an employer shall not be deemed to have derived profit in any accounting year unless— </div><div align="justify"><br />
</div><div align="justify">(a) he has made provision for that year’s depreciation to which he is entitled under the Income-tax Act or, as the case may be, under the agricultural income-tax law; and </div><div align="justify"><br />
</div><div align="justify">(b) the arrears of such depreciation and losses incurred by him in respect of the establishment for the previous accounting years have been fully set off against his profits. </div><div align="justify"><br />
</div><div align="justify">Explanation III.—For the purposes of sub-sections (1A), (1B) and (1C), sale of the goods produced or manufactured during the course of the trial running of any factory or of the prospecting stage of any mine or an oil-field shall not be taken into consideration and where any question arises with regard to such production or manufacture, the decision of the appropriate Government, made after giving the parties a reasonable opportunity of representing the case, shall be final and shall not be called in question by any court or other authority.] </div><div align="justify"><br />
</div><div align="justify">(2) The provisions of 3[sub-sections (1), (1A), (1B) and (1C)] shall, so far as may be, apply to new departments or undertakings or branches set up by existing establishments: </div><div align="justify"><br />
</div><div align="justify">Provided that if an employer in relation to an existing establishment consisting of different departments or undertakings or branches (whether or not in the same industry) set up at different periods has, before the 29th May, 1965, been paying bonus to the employees of all such departments or undertakings or branches irrespective of the date on which such departments or undertakings or branches were set up, on the basis of the consolidated profits computed in respect of all such departments or undertakings or branches, then, such employer shall be liable to pay bonus in accordance with the provisions of this Act to the employees of all such departments or undertakings or branches (whether set up before or after that date) on the basis of the consolidated profits computed as aforesaid. </div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: #cc0000;">17.</span> Adjustment of customary or interim bonus against bonus payable under the Act.—</strong>Where in any accounting year—</div><div align="justify"><br />
</div><div align="justify">(a) an employer has paid any puja bonus or other customary bonus to an employee; or </div><div align="justify"><br />
</div><div align="justify">(b) an employer has paid a part of the bonus payable under this Act to an employee before the date on which such bonus becomes payable, </div><div align="justify"><br />
</div><div align="justify">then, the employer shall be entitled to deduct the amount of bonus so paid from the amount of bonus payable by him to the employee under this Act in respect of that accounting year and the employee shall be entitled to receive only the balance. </div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: #cc0000;">18. </span>Deduction of certain amounts from bonus payable under the Act.</strong>—Where in any accounting year, an employee is found guilty of misconduct causing financial loss to the employer, then, it shall be lawful for the employer to deduct the amount of loss from the amount of bonus payable by him to the employee under this Act in respect of that accounting year only and the employee shall be entitled to receive the balance, if any.</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: #cc0000;">19. </span>Time-limit for payment of bonus.—</strong>1[All amounts] payable to an employee by way of bonus under this Act shall be paid in cash by his employer—</div><div align="justify"><br />
</div><div align="justify">(a) where there is a dispute regarding payment of bonus pending before any authority under section 22, within a month from the date on which the award becomes enforceable or the settlement comes into operation, in respect of such dispute; </div><div align="justify"><br />
</div><div align="justify">(b) in any other case, within a period of eight months from the close of the accounting year: </div><div align="justify"><br />
</div><div align="justify">Provided that the appropriate Government or such authority as the appropriate Government may specify in this behalf may, upon an application made to it by the employer and for sufficient reasons, by order, extend the said period of eight months to such further period or periods as it thinks fit; so, however, that the total period so extended shall not in any case exceed two years.</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: #cc0000;">20.</span> Application of Act to establishments in public sector in certain cases.</strong>—1[(1)] If in any accounting year an establishment in public sector sells any goods produced or manufactured by it or renders any services, in competition with an establishment in private sector, and the income from such sale or services or both is not less than twenty per cent. of the gross income of the establishment in public sector for that year, then, the provisions of this Act shall apply in relation to such establishment in public sector as they apply in relation to a like establishment in private sector.</div><div align="justify"><br />
</div><div align="justify">2[(2) Save as otherwise provided in sub-section (1), nothing in this Act shall apply to the employees employed by any establishment in public sector.] </div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: #cc0000;">21.</span> Recovery of bonus due from an employer.</strong>—Where any money is due to an employee by way of bonus from his employer under a settlement or an award or agreement, the employee himself or any other person authorised by him in writing in this behalf, or in the case of the death of the employee, his assignee or heirs may, without prejudice to any other mode of recovery, make an application to the appropriate Government for the recovery of the money due to him, and if the appropriate Government or such authority as the appropriate Government may specify in this behalf is satisfied that any money is so due, it shall issue a certificate for that amount to the Collector who shall proceed to recover the same in the same manner as an arrear of land revenue:</div><div align="justify"><br />
</div><div align="justify">Provided that every such application shall be made within one year from the date on which the money became due to the employee from the employer:</div><div align="justify"><br />
</div><div align="justify">Provided further that any such application may be entertained after the expiry of the said period of one year, if the appropriate Government is satisfied that the applicant had sufficient cause for not making the application within the said period.</div><div align="justify"><br />
</div><div align="justify">Explanation—In this section and in 1[sections 22, 23, 24 and 25], “employee” includes a person who is entitled to the payment of bonus under this Act but who is no longer in employment.</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: #cc0000;">22. </span>Reference of disputes under the Act.</strong>—Where any dispute arises between an employer and his employees with respect to the bonus payable under this Act or with respect to the application of this Act to an establishment in public sector, then, such dispute shall be deemed to be an industrial dispute within the meaning of the Industrial Disputes Act, 1947 (14 of 1947), or of any corresponding law relating to investigation and settlement of industrial disputes in force in a State and the provisions of that Act or, as the case may be, such law, shall, save as otherwise expressly provided, apply accordingly. </div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: #cc0000;">23. </span>Presumption about accuracy of balance-sheet and profit and loss account of corporations and companies.</strong>—(1) Where, during the course of proceedings before any arbitrator or Tribunal under the Industrial Disputes Act, 1947 (14 of 1947), or under any corresponding law relating to investigation and settlement of industrial disputes in force in a State (hereinafter in this section 1[and in 2[sections 24 and 25] referred to as the “said authority”) to which any dispute of the nature specified in section 22 has been referred, the balance-sheet and the profit and loss account of an employer, being a corporation or a company (other than a banking company), duly audited by the Comptroller and Auditor-General of India or by auditors duly qualified to act as auditors of companies under sub-section (1) of section 226 of the Companies Act, 1956 (1 of 1956), are produced before it, then, the said authority may presume the statements and particulars contained in such balance-sheet and profit and loss account to be accurate and it shall not be necessary for the corporation or the company to prove the accuracy of such statements and particulars by the filing of an affidavit or by any other mode: </div><div align="justify"><br />
</div><div align="justify">Provided that where the said authority is satisfied that the statement and particulars contained in the balance-sheet or the profit and loss account of the corporation or the company are not accurate, it may take such steps as it thinks necessary to find out the accuracy of such statements and particulars. </div><div align="justify"><br />
</div><div align="justify">(2) When an application is made to the said authority by any trade union being a party to the dispute or where there is no trade union, by the employees being a party to the dispute, requiring any clarification relating to any item in the balance-sheet or the profit and loss account, it may, after satisfying itself that such clarification is necessary, by order, direct the corporation or, as the case may be, the company, to furnish to the trade union or the employees such clarification within such time as may be specified in the direction and the corporation or, as the case may be, the company, shall comply with such direction. </div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify">1[<strong><span style="color: #cc0000;">24.</span> Audited accounts of banking companies not to be questioned.—</strong>(1) Where any dispute of the nature specified in section 22 between an employer, being a banking company, and its employees has been referred to the said authority under that section and during the course of proceedings the accounts of the banking company duly audited are produced before it, the said authority shall not permit any trade union or employees to question the correctness of such accounts, but the trade union or the employees may be permitted to obtain from the banking company such information as is necessary for verifying the amount of bonus due under this Act.</div><div align="justify"><br />
</div><div align="justify">(2) Nothing contained in sub-section (1) shall enable the trade union or the employees to obtain any information which the banking company is not compelled to furnish under the provisions of section 34A of the Banking Regulation Act, 1949 (10 of 1949).] </div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: #cc0000;">25.</span> Audit of accounts of employers, not being corporations or companies.</strong>—(1) Where any dispute of the nature specified in section 22 between an employer, not being a corporation or a company, and his employees has been referred to the said authority under that section and the accounts of such employer audited by any auditor duly qualified to act as auditor of companies under sub-section (1) of section 226 of the Companies Act, 1956 (1 of 1956), are produced before the said authority, the provisions of section 23, shall, so far as may be, apply to the accounts so audited. </div><div align="justify"><br />
</div><div align="justify">(2) When the said authority finds that the accounts of such employer have not been audited by any such auditor and it is of opinion that an audit of the accounts of such employer is necessary for deciding the question referred to it, then, it may, by order, direct the employer to get his accounts audited within such time as may be specified in the direction or within such further time as it may allow by such auditor or auditors as it thinks fit and thereupon the employer shall comply with such direction. </div><div align="justify"><br />
</div><div align="justify">(3) Where an employer fails to get the accounts audited under sub-section (2) the said authority may, without prejudice to the provisions of section 28, get the accounts audited by such auditor or auditors as it thinks fit. </div><div align="justify"><br />
</div><div align="justify">(4) When the accounts are audited under sub-section (2) or sub-section (3) the provisions of section 23 shall, so far as may be, apply to the accounts so audited. </div><div align="justify"><br />
</div><div align="justify">(5) The expenses of, and incidental to, any audit under sub-section (3) (including the remuneration of the auditor or auditors) shall be determined by the said authority (which determination shall be final) and paid by the employer and in default of such payment shall be recoverable from the employer in the manner provided in section 21. </div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: #cc0000;">26. </span>Maintenance of registers, records, etc.—</strong>Every employer shall prepare and maintain such registers, records and other documents in such form and in such manner as may be prescribed. </div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: #cc0000;">27. </span>Inspectors.</strong>—(1) The appropriate Government may, by notification in the Official Gazette, appoint such persons as it thinks fit to be Inspectors for the purposes of this Act and may define the limits within which they shall exercise jurisdiction. </div><div align="justify"><br />
</div><div align="justify">(2) An Inspector appointed under sub-section (1) may, for the purpose of ascertaining whether any of the provisions of this Act has been complied with— </div><div align="justify"><br />
</div><div align="justify">(a) require an employer to furnish such information as he may consider necessary; </div><div align="justify"><br />
</div><div align="justify">(b) at any reasonable time and with such assistance, if any, as he thinks fit, enter any establishment or any premises connected therewith and require any one found in charge thereof to produce before him for examination any accounts, books, registers and other documents relating to the employment of persons or the payment of salary or wage or bonus in the establishment; </div><div align="justify"><br />
</div><div align="justify">(c) examine with respect to any matter relevant to any of the purposes aforesaid, the employer, his agent or servant or any other person found in charge of the establishment or any premises connected therewith or any person whom the Inspector has reasonable cause to believe to be or to have been an employee in the establishment; </div><div align="justify"><br />
</div><div align="justify">(d) make copies of, or take extracts from, any book, register or other document maintained in relation to the establishment; </div><div align="justify"><br />
</div><div align="justify">(e) exercise such other powers as may be prescribed. </div><div align="justify"><br />
</div><div align="justify">(3) Every Inspector shall be deemed to be a public servant within the meaning of the Indian Penal Code (45 of 1860). </div><div align="justify"><br />
</div><div align="justify">(4) Any person required to produce any accounts, book, register or other documents or to give information by an Inspector under sub-section (1) shall be legally bound to do so. </div><div align="justify"><br />
</div><div align="justify">1[(5) Nothing contained in this section shall enable an Inspector to require a banking company to furnish or disclose any statement or information or to produce, or give inspection of, any of its books of account or other documents, which a banking company cannot be compelled to furnish, disclose, produce or give inspection of, under the provisions of section 34A of the Banking Regulation Act, 1949 (10 of 1949). </div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: #cc0000;">28.</span> Penalty.—</strong>If any person— </div><div align="justify"><br />
</div><div align="justify">(a) contravenes any of the provisions of this Act or any rule made thereunder; or </div><div align="justify"><br />
</div><div align="justify">(b) to whom a direction is given or a requisition is made under this Act fails to comply with the direction or requisition,</div><div align="justify"><br />
</div><div align="justify">he shall be punishable with imprisonment for a term which may extend to six months, or with fine which may extend to one thousand rupees, or with both. </div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: #cc0000;">29.</span> Offences by companies.</strong>—(1) If the person committing an offence under this Act is a company, every person who, at the time the offence was committed, was in charge of, and was responsible to, the company for the conduct of business of the company, as well as the company, shall be deemed to be guilty of the offence and shall be liable to be proceeded against and punished accordingly: </div><div align="justify"><br />
</div><div align="justify">Provided that nothing contained in this sub-section shall render any such person liable to any punishment if he proves that the offence was committed without his knowledge or that he exercised all due diligence to prevent the commission of such offence. </div><div align="justify"><br />
</div><div align="justify">(2) Notwithstanding anything contained in sub-section (1), where an offence under this Act has been committed by a company and it is proved that the offence has been committed with the consent or connivance of, or is attributable to any neglect on the part of, any director, manager, secretary or other officer of the company, such director, manager, secretary or other officer shall also be deemed to be guilty of that offence and shall be liable to be proceeded against and punished accordingly. </div><div align="justify"><br />
</div><div align="justify">Explanation.—For the purposes of this section,— </div><div align="justify"><br />
</div><div align="justify">(a) “company” means any body corporate and includes a firm or other association of individuals; and </div><div align="justify"><br />
</div><div align="justify">(b) “director”, in relation to a firm, means a partner in the firm. </div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: #cc0000;">30.</span> Cognizance of offences.</strong>—(1) No court shall take cognizance of any offence punishable under this Act, save on complaint made by or under the authority of the appropriate Government 1[or an officer of that Government (not below the rank of a Regional Labour Commissioner in the case of an officer of the Central Government, and not below the rank of a Labour Commissioner in the case of an officer of the State Government) specially authorised in this behalf by that Government].</div><div align="justify"><br />
</div><div align="justify">(2) No court inferior to that of a presidency magistrate or a magistrate of the first class shall try any offence punishable under this Act.</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: #cc0000;">31. </span>Protection of action taken under the Act.—</strong>No suit, prosecution or other legal proceeding shall lie against the Government or any officer of the Government for anything which is in good faith done or intended to be done in pursuance of this Act or any rule made thereunder. </div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify">1[31A. Special provision with respect to payment of bonus linked with production or productivity.—Notwithstanding anything contained in this Act,— </div><div align="justify"><br />
</div><div align="justify">(i) where an agreement or a settlement has been entered into by the employees with their employer before the commencement of the Payment of Bonus (Amendment) Act, 1976 (23 of 1976), or </div><div align="justify"><br />
</div><div align="justify">(ii) where the employees enter into any agreement or settlement with their employer after such commencement, </div><div align="justify"><br />
</div><div align="justify">for payment of an annual bonus linked with production or productivity in lieu of bonus based on profits payable under this Act, then, such employees shall be entitled to receive bonus due to them under such agreement or settlement, as the case may be:</div><div align="justify"><br />
</div><div align="justify">2[Provided that any such agreement or settlement whereby the employees relinquish their right to receive the minimum bonus under section 10 shall be null and void in so far as it purports to deprive them of such right:]</div><div align="justify"><br />
</div><div align="justify">3[Provided further that] such employees shall not be entitled to be paid such bonus in excess of twenty per cent. of the salary or wage earned by them during the relevant accounting year.</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: #cc0000;">32.</span> Act not to apply to certain classes of employees.</strong> —Nothing in this Act shall apply to— </div><div align="justify"><br />
</div><div align="justify">(i)1[***] employees employed by the Life Insurance Corporation of India ; </div><div align="justify"><br />
</div><div align="justify">(ii) seamen as defined in clause (42) of section 3 of the Merchant Shipping Act, 1958 (44 of 1958); </div><div align="justify"><br />
</div><div align="justify">(iii) employees registered or listed under any scheme made under the Dock Workers (Regulation of Employment) Act, 1948 (9 of 1948), and employed by registered or listed employers; </div><div align="justify"><br />
</div><div align="justify">(iv) employees employed by an establishment engaged in any industry carried on by or under the authority of any department of the Central Government or a State Government or a local authority; </div><div align="justify"><br />
</div><div align="justify">(v) employees employed by— </div><div align="justify"><br />
</div><div align="justify">(a) the Indian Red Cross Society or any other institution of a like nature (including its branches); (b) universities and other educational institutions; </div><div align="justify"><br />
</div><div align="justify">(c) institutions (including hospitals, chambers of commerce and social welfare institutions) established not for purposes of profit; </div><div align="justify"><br />
</div><div align="justify">2[***] </div><div align="justify"><br />
</div><div align="justify">3[***] </div><div align="justify"><br />
</div><div align="justify">(viii) employees employed by the Reserve Bank of India ; </div><div align="justify"><br />
</div><div align="justify">(ix) employees employed by— </div><div align="justify"><br />
</div><div align="justify">(a) the Industrial Finance Corporation of India ; </div><div align="justify"><br />
</div><div align="justify">(b) any Financial Corporation established under section 3, or any Joint Financial Corporation established under section 3A, of the State Financial Corporations Act, 1951 (63 of 1951); </div><div align="justify"><br />
</div><div align="justify">(c) the Deposit Insurance Corporation; </div><div align="justify"><br />
</div><div align="justify">4[(d) the National Bank for Agriculture and Rural Development;] </div><div align="justify"><br />
</div><div align="justify">(e) the Unit Trust of India ; </div><div align="justify"><br />
</div><div align="justify">(f) the Industrial Development Bank of India ; </div><div align="justify"><br />
</div><div align="justify">5[(fa) the Small Industries Development Bank of India established under section 3 of the Small Industries Development Bank of India Act, 1989;] </div><div align="justify"><br />
</div><div align="justify">6[(ff) the National Housing Bank;] </div><div align="justify"><br />
</div><div align="justify">(g) any other financial institution 7[(other than a banking company)], being an establishment in public sector, which the Central Government may, by notification in the Official Gazette, specify, having regard to— </div><div align="justify"><br />
</div><div align="justify">(i) its capital structure; </div><div align="justify"><br />
</div><div align="justify">(ii) its objectives and the nature of its activities; </div><div align="justify"><br />
</div><div align="justify">(iii) the nature and extent of financial assistance or any concession given to it by the Government; and </div><div align="justify"><br />
</div><div align="justify">(iv) any other relevant factor; </div><div align="justify"><br />
</div><div align="justify">8[***] </div><div align="justify"><br />
</div><div align="justify">(xi) employees employed by inland water transport establishments operating on routes passing through any other country. </div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: #cc0000;">33. </span>Act to apply to certain pending disputes regarding payment of bonus.</strong>—[Rep. by the Payment of Bonus (Amendment) Act, 1976 (23 of 1976), sec. 21 (w.r.e.f. 25-9-1975).] </div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify">1[<strong><span style="color: #cc0000;">34.</span> Effect of laws and agreements inconsistent with the Act.</strong>—Subject to the provisions of section 31A, the provisions of this Act shall have effect notwithstanding anything inconsistent there with contained in any other law for the time being in force or in the terms of any award, agreement, settlement or contract of service.]</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: #cc0000;">35. </span>Saving.</strong>—Nothing contained in this Act shall be deemed to affect the provisions of the Coal Mines Provident Fund and Bonus Schemes Act, 1948 (46 of 1948), or of any scheme made thereunder. </div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><span style="color: #cc0000;"><strong>36. Power of exemption.</strong></span>—If the appropriate Government, having regard to the financial position and other relevant circumstances of any establishment or class of establishments, is of opinion that it will not be in public interest to apply all or any of the provisions of this Act thereto, it may, by notification in the Official Gazette, exempt for such period as may be specified therein and subject to such conditions as it may think fit to impose, such establishment or class of establishments from all or any of the provisions of this Act. </div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: #cc0000;">37.</span> Power to remove difficulties.</strong>—[Rep. by the Payment of Bonus (Amendment) Act, 1976 (23 of 1976), sec. 23 (w.r.e.f. 25-9-1975).] </div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: #cc0000;">38.</span> Power to make rules.</strong>—(1) The Central Government may make rules for the purpose of carrying into effect the provisions of this Act. </div><div align="justify"><br />
</div><div align="justify">(2) In particular, and without prejudice to the generality of the foregoing power, such rules may provide for— </div><div align="justify"><br />
</div><div align="justify">(a) the authority for granting permission under the proviso to sub-clause (iii) of clause (1) of section 2; </div><div align="justify"><br />
</div><div align="justify">(b) the preparation of registers, records and other documents and the form and manner in which such registers, records and documents may be maintained under section 26; </div><div align="justify"><br />
</div><div align="justify">(c) the powers which may be exercised by an inspector under clause (e) of sub-section (2) of section 27; </div><div align="justify"><br />
</div><div align="justify">(d) any other matter which is to be, or may be, prescribed. </div><div align="justify"><br />
</div><div align="justify">(3) Every rule made under this section shall be laid as soon as may be after it is made, before each House of Parliament while it is in session for a total period of thirty days, which may be comprised in one session 1[or in two or more successive sessions], and if before the expiry of the session 2[immediately following the session or the successive sessions aforesaid], both Houses agree in making any modification in the rule or both Houses agree that the rule should not be made, the rule shall thereafter have effect only in such modified form or be of no effect, as the case may be; so, however, that any such modification or annulment shall be without prejudice to the validity of anything previously done under that rule. </div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: #cc0000;">39. </span>Application of certain laws not barred.—</strong>Save as otherwise expressly provided, the provisions of this Act shall be in addition to and not in derogation of the Industrial Disputes Act, 1947 (14 of 1947), or any corresponding law relating to investigation and settlement of industrial disputes in force in a State. </div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><br />
</div><div align="justify"><strong><span style="color: #cc0000;">40.</span> Repeal and saving.</strong>—(1) The Payment of Bonus Ordinance, 1965 (3 of 1965), is hereby repealed.</div><div align="justify"><br />
</div><div align="justify">(2) Notwithstanding such repeal, anything done or any action taken under the said Ordinance shall be deemed to have been done or taken under this Act as if this Act had commenced on the 29th May, 1965.</div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6417741688514522214.post-87252266384436679472010-03-07T20:44:00.001-08:002010-03-07T20:44:32.892-08:00THE PAYMENT OF BONUS ACT, 1965<p style="TEXT-ALIGN: center; TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal" align="center"><b style="mso-bidi-font-weight: normal"><font size="3">THE PAYMENT OF BONUS ACT, 1965</font></b></p> <p style="TEXT-ALIGN: center; TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal" align="center"><b style="mso-bidi-font-weight: normal"><font size="3"> </font></b></p> <p style="TEXT-ALIGN: center; TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal" align="center"><font size="3">(21 of 1965)</font><a style="mso-footnote-id: ftn1" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn1" name="_ftnref1"><span class="MsoFootnoteReference"><span style="mso-special-character: footnote"><span class="MsoFootnoteReference"><span style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-bidi-font-weight: bold; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA">[1]</span></span></span></span></a></p> <p style="TEXT-ALIGN: right; TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal" align="right"><font size="3">[25<sup>th</sup> September, 1965]</font></p> <p style="TEXT-ALIGN: right; TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal" align="right"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText"><a style="mso-footnote-id: ftn2" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn2" name="_ftnref2"><span class="MsoFootnoteReference"><span style="mso-special-character: footnote"><span class="MsoFootnoteReference"><span style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-bidi-font-weight: bold; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA">[2]</span></span></span></span></a><font size="3">[An Act to provide for the payment of bonus to persons employed in certain establishments on the basis of profits or on the basis of production or productivity and for matters connected therewith.]</font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal"><font size="3"> </font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal"><font size="3">B</font><span style="FONT-SIZE: 8pt; mso-bidi-font-size: 12.0pt">E </span><font size="3">it enacted by Parliament in the Sixteenth Year of the Republic of India as follows:-</font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal"><font size="3"> </font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal"><font size="3">1.<span style="mso-tab-count: 1"> </span><b>Short title, extent and application</b>.-(1) This Act may be called the Payment of Bonus Act, 1965.</font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal"><font size="3">(2)<span style="mso-tab-count: 1"> </span>It extends to the whole of India</font><a style="mso-footnote-id: ftn3" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn3" name="_ftnref3"><span class="MsoFootnoteReference"><span style="mso-special-character: footnote"><span class="MsoFootnoteReference"><span style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-bidi-font-weight: bold; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA">[3]</span></span></span></span></a><font size="3">[***].</font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal"><font size="3">(3).<span style="mso-tab-count: 1"> </span>Save as otherwise provided in this Act, it shall apply to –</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 45pt; tab-stops: 27.0pt list 45.0pt left 418.5pt 436.5pt; mso-list: l27 level1 lfo1" class="MsoNormal"><span style="mso-fareast-font-family: Arial; mso-bidi-font-family: Arial"><span style="mso-list: Ignore"><font size="3">(a)</font><span style="FONT: 7pt 'Times New Roman'"> </span></span></span><font size="3">every factory; and </font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 45pt; tab-stops: 27.0pt list 45.0pt left 418.5pt 436.5pt; mso-list: l27 level1 lfo1" class="MsoNormal"><span style="mso-fareast-font-family: Arial; mso-bidi-font-family: Arial"><span style="mso-list: Ignore"><font size="3">(b)</font><span style="FONT: 7pt 'Times New Roman'"> </span></span></span><font size="3">every other establishment in which twenty or more persons are employed on any day during an accounting year.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText"><span style="mso-tab-count: 1"><font size="3"> </font></span><a style="mso-footnote-id: ftn4" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn4" name="_ftnref4"><span class="MsoFootnoteReference"><span style="mso-special-character: footnote"><span class="MsoFootnoteReference"><span style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-bidi-font-weight: bold; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA">[4]</span></span></span></span></a><font size="3">[Provided that the appropriate Government may, after giving not less than two months' notice of its intention so to do, by notification in the Official Gazette, apply the provisions of this Act with effect from; such accounting year as may be specified in the notification, to any establishment or class of establishment [including an establishment being a factory within the meaning of sub-clause (ii) of clause (m) of section 2 of the Factories Act, 1948 (63 of 1948)] employing such number of persons less than twenty as may be specified in the notification; so, however, that the number of persons so specified shall in no case be less than ten.]</font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal"><font size="3"> </font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal"><font size="3">(4).<span style="mso-tab-count: 1"> </span>Save as otherwise provided in this Act, the provisions of this Act shall, in relation to a factory or other establishment to which<span style="mso-spacerun: yes"> </span>this Act applies, have effect in respect of the accounting year commencing on any day in the year 1964 and in respect of every subsequent accounting year:</font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal"><font size="3"> </font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal"><a style="mso-footnote-id: ftn5" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn5" name="_ftnref5"><span class="MsoFootnoteReference"><span style="mso-special-character: footnote"><span class="MsoFootnoteReference"><span style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-bidi-font-weight: bold; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA">[5]</span></span></span></span></a><font size="3">[Provided that in relation to the State of Jammu and Kashmir, the reference to the accounting year commencing on any day in the year 1964 and every subsequent accounting year shall be construed as reference to the accounting year commencing on any day in the 1968 and every subsequent accounting year:]</font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal"><font size="3"> </font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal"><font size="3"><sup>4</sup>[Provided further that when the provisions of this Act have been made applicable to any establishment or class of establishments by the issue of a notification under the proviso to sub-section (3), the reference to the accounting year commencing on any day in the year 1964 and every subsequent accounting year or, as the case may be the reference to the accounting year commencing on any day in the year 1968 and every subsequent accounting year, shall, in relation to such establishment or class of establishments, be construed as a reference to the accounting year specified in such notification and every subsequent accounting year.]</font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal"><font size="3"> </font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal"><font size="3">(5)<span style="mso-tab-count: 1"> </span>An establishment to which this Act applies </font><a style="mso-footnote-id: ftn6" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn6" name="_ftnref6"><span class="MsoFootnoteReference"><font size="3">1</font></span></a><font size="3">[***] shall continue to be governed by this Act notwithstanding that the number of person employed therein falls below twenty </font><a style="mso-footnote-id: ftn7" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn7" name="_ftnref7"><span class="MsoFootnoteReference"><font size="3">2</font></span></a><font size="3">[or, as the case may be, the number specified in the notification issued under the proviso to sub-section (3)].</font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal"><font size="3"> </font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal"><font size="3"><span style="mso-spacerun: yes"> </span><b style="mso-bidi-font-weight: normal">2</b>.<span style="mso-tab-count: 1"> </span><b style="mso-bidi-font-weight: normal">Definition.- </b>In this<b style="mso-bidi-font-weight: normal"> </b>Act, unless the context otherwise requires,-</font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal"><font size="3"> </font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal"><font size="3">(1)<span style="mso-tab-count: 1"> </span>"accounting year" means -</font></p> <p style="TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; mso-list: l10 level1 lfo2" class="MsoBodyText"><span style="mso-fareast-font-family: Arial; mso-bidi-font-family: Arial"><span style="mso-list: Ignore"><font size="3">(i)</font><span style="FONT: 7pt 'Times New Roman'"> </span></span></span><font size="3">in relation to a corporation, the year ending on the day on which the books and accounts of the corporation are to be closed and balanced.</font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal"><span style="mso-tab-count: 1"><font size="3"> </font></span></p> <p style="MARGIN: 0in 9pt 0pt 27pt" class="MsoBlockText"><font size="3">(ii)<span style="mso-tab-count: 1"> </span>in relation to a company, the period in respect of which any profit and loss account of the company laid before it in annual general meeting is<span style="mso-spacerun: yes"> </span>made up, whether that period is a year or not;</font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal"><font size="3"> </font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal"><font size="3">(iii)<span style="mso-tab-count: 1"> </span>in any other case -</font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal"><font size="3"> </font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -22.8pt; MARGIN: 0in 9pt 0pt 49.8pt; tab-stops: list 49.8pt left 418.5pt 436.5pt; mso-list: l6 level1 lfo3" class="MsoNormal"><span style="mso-fareast-font-family: Arial; mso-bidi-font-family: Arial"><span style="mso-list: Ignore"><font size="3">(a)</font><span style="FONT: 7pt 'Times New Roman'"> </span></span></span><font size="3">the year commencing on the 1<sup>st</sup> day of April; or</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -22.8pt; MARGIN: 0in 9pt 0pt 49.8pt; tab-stops: list 49.8pt left 418.5pt 436.5pt; mso-list: l6 level1 lfo3" class="MsoNormal"><span style="mso-fareast-font-family: Arial; mso-bidi-font-family: Arial"><span style="mso-list: Ignore"><font size="3">(b)</font><span style="FONT: 7pt 'Times New Roman'"> </span></span></span><font size="3">if the accounts of an establishment maintained by the employer thereof are closed and balanced on any day other than the 31<sup>st</sup> day of March, then, at the option of the employer, the year ending on the day on which its accounts are so closed and balanced:</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -13.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 418.5pt 436.5pt" class="MsoNormal"><font size="3"> </font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: 49.5pt; MARGIN: 0in 9pt 0pt 0in; tab-stops: 418.5pt 436.5pt" class="MsoNormal"><font size="3">Provided that an option once exercised by the employer under paragraph (b) of this sub-clause shall not again be exercised except with the previous permission in writing of the prescribed authority and upon such conditions as that authority may think fit;</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: 22.5pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 418.5pt 436.5pt" class="MsoNormal"><font size="3"> </font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal"><font size="3">(2)<span style="mso-tab-count: 1"> </span>"agricultural income" shall have the same meaning as in the Income-tax </font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal"><font size="3"><span style="mso-tab-count: 1"> </span>Act;</font></p> <p style="MARGIN: 0in 9pt 0pt 27pt; tab-stops: 418.5pt 436.5pt" class="MsoBlockText"><font size="3">(3)<span style="mso-tab-count: 1"> </span>"agricultural income-tax law" means any law for the time being in force relating to the levy of tax on agricultural income;</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 418.5pt 436.5pt" class="MsoNormal"><font size="3">(4)<span style="mso-tab-count: 1"> </span>"allocable surplus" means-</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 9pt 0pt 45pt; tab-stops: list 45.0pt left 418.5pt 436.5pt; mso-list: l0 level1 lfo4" class="MsoNormal"><span style="mso-fareast-font-family: Arial; mso-bidi-font-family: Arial"><span style="mso-list: Ignore"><font size="3">(a)</font><span style="FONT: 7pt 'Times New Roman'"> </span></span></span><font size="3">in relation to an employer, being a company </font><a style="mso-footnote-id: ftn8" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn8" name="_ftnref8"><span class="MsoFootnoteReference"><font size="3">3</font></span></a><font size="3">[(other than a banking company)] which has not made the arrangements prescribed under the Income-tax Act for the declaration and payment within India of the dividends payable out of its profits in accordance with the provisions of section 194 of that Act, sixty-seven per cent of the available surplus in an accounting; year;</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 9pt 0pt 45pt; tab-stops: list 45.0pt left 418.5pt 436.5pt; mso-list: l0 level1 lfo4" class="MsoNormal"><span style="mso-fareast-font-family: Arial; mso-bidi-font-family: Arial"><span style="mso-list: Ignore"><font size="3">(b)</font><span style="FONT: 7pt 'Times New Roman'"> </span></span></span><font size="3">in any other case, sixty percent of such available surplus;</font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal"><a style="mso-footnote-id: ftn9" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn9" name="_ftnref9"><span class="MsoFootnoteReference"><font size="3">1</font></span></a><font size="3">[***]</font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal"><font size="3"> </font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal"><font size="3">(5)<span style="mso-tab-count: 1"> </span>"appropriate Government" means-</font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 418.5pt 436.5pt" class="MsoNormal"><font size="3"> </font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -0.5in; MARGIN: 0in 9pt 0pt 63pt; tab-stops: 27.0pt list 63.0pt left 418.5pt 436.5pt; mso-list: l15 level1 lfo5" class="MsoNormal"><span style="mso-fareast-font-family: Arial; mso-bidi-font-family: Arial"><span style="mso-list: Ignore"><font size="3">(i)</font><span style="FONT: 7pt 'Times New Roman'"> </span></span></span><font size="3">in relation to an establishment in respect of which the appropriate Government under the Industrial Disputes Act, 1947 (14 of 1947), is the Central Government, the Central Government;</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -0.5in; MARGIN: 0in 9pt 0pt 63pt; tab-stops: 27.0pt list 63.0pt left 418.5pt 436.5pt; mso-list: l15 level1 lfo5" class="MsoNormal"><span style="mso-fareast-font-family: Arial; mso-bidi-font-family: Arial"><span style="mso-list: Ignore"><font size="3">(ii)</font><span style="FONT: 7pt 'Times New Roman'"> </span></span></span><font size="3">in relation to any other establishment, the Government of the State in which that other establishment is situate;</font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoNormal"><font size="3">(6)<span style="mso-tab-count: 1"> </span>"available surplus" means the available surplus computed under section 5;</font></p> <p style="MARGIN: 0in 9pt 0pt 27pt; tab-stops: 27.0pt 436.5pt" class="MsoBlockText"><font size="3">(7)<span style="mso-tab-count: 1"> </span>"award" means an interim or a final determination of any industrial dispute or of any question relating thereto by any Labour Court, Industrial Tribunal or National Tribunal constituted under the Industrial Disputes Act, 1947 (14 of 1947), or by any other authority constituted under any corresponding law relating to investigation and settlement of industrial disputes in force in a State and includes an arbitration award made under section 10A of that Act or under that law;</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 27.0pt 436.5pt; mso-list: l22 level1 lfo6" class="MsoNormal"><span style="mso-fareast-font-family: Arial; mso-bidi-font-family: Arial"><span style="mso-list: Ignore"><font size="3">(8)</font><span style="FONT: 7pt 'Times New Roman'"> </span></span></span><font size="3">"banking company" means a banking company as defined in section 5 of the Banking Companies Act, 1949 (10 of 1949), and includes the State Bank of India, any subsidiary bank as defined in the State Bank of India (Subsidiary Banks) Act, 1959 (38 of 1959) </font><a style="mso-footnote-id: ftn10" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn10" name="_ftnref10"><span class="MsoFootnoteReference"><font size="3">2</font></span></a><font size="3">[any corresponding new bank specified in the First Schedule to the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970), </font><a style="mso-footnote-id: ftn11" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn11" name="_ftnref11"><span class="MsoFootnoteReference"><font size="3">3</font></span></a><font size="3">[any corresponding new bank constituted under section 3 of the Banking Companies (Acquisition and Transfer of Under takings) Act, 1980 (40 of 1980),] any co-operative bank as defined in clause (bii) of section 2 of the Reserve Bank of India Act, 1934 (2 of 1934),] and any other banking institution which may be notified in this behalf by the Central Government;</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 27.0pt 436.5pt; mso-list: l22 level1 lfo6" class="MsoNormal"><span style="mso-fareast-font-family: Arial; mso-bidi-font-family: Arial"><span style="mso-list: Ignore"><font size="3">(9)</font><span style="FONT: 7pt 'Times New Roman'"> </span></span></span><font size="3">"company" means any company as defined is section3 of the Companies Act, 1956 (1 of 1956), and includes a foreign company within the meaning of section 591 of that Act;</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 27.0pt 436.5pt; mso-list: l22 level1 lfo6" class="MsoNormal"><span style="mso-fareast-font-family: Arial; mso-bidi-font-family: Arial"><span style="mso-list: Ignore"><font size="3">(10)</font><span style="FONT: 7pt 'Times New Roman'"> </span></span></span><font size="3">"co-operative society" means<span style="mso-spacerun: yes"> </span>society registered or deemed to be registered under the Co-operative Societies Act, 1912 (2 of 1912), or any other law for the time being in force in any State relating to co-operating societies;</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 27.0pt 436.5pt; mso-list: l22 level1 lfo6" class="MsoNormal"><span style="mso-fareast-font-family: Arial; mso-bidi-font-family: Arial"><span style="mso-list: Ignore"><font size="3">(11)</font><span style="FONT: 7pt 'Times New Roman'"> </span></span></span><font size="3">"corporation" means any body corporate established by or under any Central, Provincial or State Act but does not include a company or a co-operative society;</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 27.0pt 436.5pt; mso-list: l22 level1 lfo6" class="MsoNormal"><span style="mso-fareast-font-family: Arial; mso-bidi-font-family: Arial"><span style="mso-list: Ignore"><font size="3">(12)</font><span style="FONT: 7pt 'Times New Roman'"> </span></span></span><font size="3">"direct tax" means-</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -76.8pt; MARGIN: 0in 9pt 0pt 76.8pt; tab-stops: 27.0pt list 76.8pt left 436.5pt; mso-list: l22 level2 lfo6" class="MsoNormal"><span style="mso-fareast-font-family: Arial; mso-bidi-font-family: Arial"><span style="mso-list: Ignore"><font size="3">(a)</font><span style="FONT: 7pt 'Times New Roman'"> </span></span></span><font size="3">any tax chargeable under-</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -22.8pt; MARGIN: 0in 9pt 0pt 49.8pt; tab-stops: 27.0pt list 49.8pt left 436.5pt; mso-list: l21 level1 lfo7" class="MsoNormal"><span style="mso-fareast-font-family: Arial; mso-bidi-font-family: Arial"><span style="mso-list: Ignore"><font size="3">(i)</font><span style="FONT: 7pt 'Times New Roman'"> </span></span></span><font size="3">the<span style="mso-spacerun: yes"> </span>Income-tax Act;</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 436.5pt" class="MsoNormal"><font size="3">(ii)<span style="mso-tab-count: 1"> </span>the Super Profits Tax Act, 1963 (14 of 1963);</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 436.5pt" class="MsoNormal"><font size="3">(iii)<span style="mso-tab-count: 1"> </span>the Companies (Profits) Surtax Act, 1964 (7 of 1964);</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 436.5pt" class="MsoNormal"><font size="3">(iv)<span style="mso-tab-count: 1"> </span>the agricultural income-tax law; and </font></p> <p style="MARGIN: 0in 9pt 0pt 27pt; tab-stops: 436.5pt" class="MsoBlockText"><font size="3">(b)<span style="mso-tab-count: 1"> </span>any other tax which, having regard to its nature or incidence, may by declared by the Central Government, by notification in the Official Gazette, to be a direct tax for the purposes of this Act;</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 436.5pt" class="MsoNormal"><font size="3">(13) <span style="mso-tab-count: 1"></span>"employee" means any person (other than an apprentice) employed on a salary or wage not exceeding </font><a style="mso-footnote-id: ftn12" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn12" name="_ftnref12"><span class="MsoFootnoteReference"><font size="3">1</font></span></a><font size="3">[three thousand and five hundred rupees] per mensem in any industry to do any skilled or unskilled manual, supervisory, managerial, administrative, technical or clerical work for hire or reward, whether the terms of employment be express or implied;</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 436.5pt" class="MsoNormal"><font size="3"> </font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 436.5pt" class="MsoNormal"><font size="3">(14) <span style="mso-tab-count: 1"></span>"employer includes-</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 436.5pt" class="MsoNormal"><font size="3">(i) <span style="mso-tab-count: 1"> </span>in relation to an establishment which is a factory, the owner or occupier of the factory, including the agent of such owner or occupier, <span style="mso-spacerun: yes"> </span>the legal representative of a deceased owner or occupier and where a person has been named as a manager of the factory under clause (f) of sub-section (1) of section 7 of the Factories Act, 1948 (63 of 1948), the person so named; and</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 436.5pt" class="MsoNormal"><font size="3">(ii)<span style="mso-tab-count: 1"> </span>in relation to any other establishment, the person who, or the authority which, has the ultimate control over the affairs of the establishment and where the said affairs are entrusted to a manager, managing director or managing agent, such manager, managing director or managing agent;</font></p> <p style="MARGIN: 0in 9pt 0pt 27pt; tab-stops: 436.5pt" class="MsoBlockText"><font size="3">(15)<span style="mso-tab-count: 1"> </span>"establishment in private sector" means any establishment other than an establishment in public sector;</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 436.5pt" class="MsoNormal"><font size="3">(16)<span style="mso-tab-count: 1"> </span>"establishment in public sector" means an establishment owned, controlled or managed by-</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 436.5pt" class="MsoNormal"><font size="3"> </font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 436.5pt" class="MsoNormal"><font size="3">(a)<span style="mso-tab-count: 1"> </span>a Government company as defined in section 617 of the Companies Act, 1956 (1 of 1956);</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 436.5pt" class="MsoNormal"><font size="3">(b)<span style="mso-tab-count: 1"> </span>a corporation in which not less than forty per cent of its capital is held (whether singly or taken together) by-</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 1in; tab-stops: 436.5pt" class="MsoNormal"><font size="3">(i)<span style="mso-tab-count: 1"> </span>the Government; or</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 1in; tab-stops: 436.5pt" class="MsoNormal"><font size="3">(ii)<span style="mso-tab-count: 1"> </span>the Reserve Bank of India; or</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 1in; tab-stops: 436.5pt" class="MsoNormal"><font size="3">(iii)<span style="mso-tab-count: 1"> </span>a corporation owned by the Government or the Reserve Bank of India;</font></p> <p style="MARGIN: 0in 9pt 0pt 27pt; tab-stops: 436.5pt" class="MsoBlockText"><font size="3">(17)<span style="mso-tab-count: 1"> </span>"factory" shall have the same meaning as in clause (m) of section 2 of the Factories Act, 1948 (63 of 1948);</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 436.5pt" class="MsoNormal"><font size="3">(18)<span style="mso-tab-count: 1"> </span>"gross profits" means the gross profits calculated under section 4;</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 436.5pt" class="MsoNormal"><font size="3">(19)<span style="mso-tab-count: 1"> </span>"Income-tax Act" means the Income-tax Act, 1961 (43 of 1961);</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 436.5pt" class="MsoNormal"><font size="3">(20)<span style="mso-tab-count: 1"> </span>"prescribed" means prescribed by rules made under this Act;</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 436.5pt" class="MsoNormal"><font size="3">(21)<span style="mso-tab-count: 1"> </span>"salary or wage" means all remuneration (other than remuneration in respect of over-time work) capable of being expressed in terms of money, which would, if the terms of employment, express or implied, were fulfilled, be payable to an employee in respect of his employment or of work done in such employment and includes dearness allowance (that is to say, all cash payments, by whatever name called, paid to an employee on account of a rise in the cost of living), but does not include- </font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 436.5pt" class="MsoNormal"><font size="3">(i)<span style="mso-tab-count: 1"> </span>any other allowance which<span style="mso-spacerun: yes"> </span>the employee is for the time being entitled to;</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 436.5pt" class="MsoNormal"><font size="3">(ii)<span style="mso-tab-count: 1"> </span>the value of any house accommodation or supply of light, water, medical attendance or other amenity or of any service or of any concessional supply of food grains or other articles;</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 436.5pt" class="MsoNormal"><font size="3">(iii)<span style="mso-tab-count: 1"> </span>any traveling concession;</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 436.5pt" class="MsoNormal"><font size="3">(iv)<span style="mso-tab-count: 1"> </span>any bonus (including incentive, production and attendance bonus);</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 436.5pt" class="MsoNormal"><font size="3">(v)<span style="mso-tab-count: 1"> </span>any contribution paid or payable by the employer to any pension fund or provident fund or for the benefit of the employee under any law for the time being in force;</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 436.5pt" class="MsoNormal"><font size="3">(vi)<span style="mso-tab-count: 1"> </span>any retrenchment compensation or any gratuity or other retirement benefit payable to the employee or any ex gratia payment made to him;<span style="mso-tab-count: 1"> </span></font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 436.5pt" class="MsoNormal"><font size="3">(vii)<span style="mso-tab-count: 1"> </span>any commission payable to the employee.</font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 1.0in 85.5pt" class="MsoNormal"><i><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Explanation.</span></i><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> – Where an employee is given in lieu of the whole or part of the salary or wage payable to him, free food allowance or free food by his employer, such food allowance or the value of such food shall, for the purpose of this clause, be deemed to from part of the salary or wage of such employee;</span></p> <p style="MARGIN: 0in 9pt 0pt 27pt; tab-stops: 436.5pt" class="MsoBlockText"><font size="3">(22)<span style="mso-tab-count: 1"> </span>words and expressions used but not defined in this Act and defined in the Industrial Disputes Act, 1947 (14 of 1947) shall have the meanings respectively assigned to them in that Act.</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 436.5pt" class="MsoNormal"><font size="3"> </font></p> <h4 style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 27pt"><span style="mso-spacerun: yes"> </span>3.<span style="mso-tab-count: 1"> </span>Establishments to include departments, undertakings and branches.--</h4> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3">Where an establishment consists of different department or undertakings or has branches, whether situated in the same place or in different places, all; such departments or undertakings or branches shall be treated as parts of the same establishment for the purpose of computation of bonus under this Act:</font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoNormal"><font size="3"> </font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoNormal"><font size="3"><span style="mso-tab-count: 1"> </span>Provided that where for any accounting year a separate balance-sheet and profit and loss account are prepared and maintained in respect of any such department or undertaking or branch, then such department or undertaking or branch shall be treated as a separate establishment for the purpose of computation of bonus, under this Act for that year, unless such department or undertaking or branch was, immediately before the commencement of that accounting year treated as part of the establishment for the purpose of computation of bonus.</font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoNormal"><a style="mso-footnote-id: ftn13" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn13" name="_ftnref13"><span class="MsoFootnoteReference"><font size="3">1</font></span></a><font size="3">[<b style="mso-bidi-font-weight: normal">4. Computation of gross profits.</b>—The gross profits derived by an employer from an establishment in respect of the accounting year shall—</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 27.0pt 436.5pt" class="MsoNormal"><font size="3">(a) <span style="mso-tab-count: 1"> </span>in the case of a banking company, be calculated in the manner specified in the First Schedule;</font></p> <p style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 27.0pt 436.5pt" class="MsoNormal"><font size="3">(b)<span style="mso-tab-count: 1"> </span>in any other case, be calculated in the manner specified in the Second Schedule;]</font></p> <p style="TEXT-ALIGN: justify; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoNormal"><font size="3"><b style="mso-bidi-font-weight: normal">5.<span style="mso-tab-count: 1"> </span>Computation of available surplus.</b>—The available surplus in respect of any accounting year shall be the gross profits for that year after deducting therefrom the sums referred to in section 6;</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 31.5pt" class="MsoBodyText"><span style="mso-tab-count: 2"><font size="3"> </font></span><a style="mso-footnote-id: ftn14" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn14" name="_ftnref14"><span class="MsoFootnoteReference"><font size="3">2</font></span></a><font size="3">[Provided that the available surplus in respect of the accounting year commencing on any day 1968 and in respect of every subsequent accounting year shall be the aggregate of –</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 436.5pt" class="MsoBodyText"><font size="3">(a) the gross profits for that accounting year after deducting therefrom the sums referred to in section 6; and </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in .25in 436.5pt" class="MsoBodyText"><font size="3">(b)<span style="mso-tab-count: 1"> </span>an amount equal to the difference between --</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3">(i)<span style="mso-tab-count: 1"> </span>the direct tax, calculated in accordance with the provisions of section 7, in respect of an amount equal to the gross profits of the employer for the immediately preceding accounting year; and</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3">(ii)<span style="mso-tab-count: 1"> </span>the direct tax, calculated in accordance with the provisions of section 7, in respect of an amount equal to the gross profits of the employer for such preceding accounting year after deducting therefrom the amount of bonus which the employer has paid or is liable to pay to his employees in accordance with the provisions of this Act for that year.]</font></p> <p style="TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"><b style="mso-bidi-font-weight: normal">6.<span style="mso-tab-count: 1"> </span>Sums deductible from gross profits.</b>—The following sums shall be deducted from the gross profits as prior charges, namely:-</font></p> <p style="TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3">(a)<span style="mso-tab-count: 1"> </span>any amount by way of depreciation admissible in accordance with the provisions of sub-section (1) of section 32 of the Income-tax Act, or in accordance with the provisions of the agricultural income-tax law, as the case may be:</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"><span style="mso-tab-count: 1"> </span>Provided that where an employer has been paying bonus to his employees under a settlement or an award or agreement made before the 29<sup>th</sup> May, 1965, and subsisting on that date after deducting from the gross profits notional normal depreciation, then, the amount of depreciation to be deducted under this clause shall, at the option of such employer (such option to be exercised once and within one year from the date) continue to be such notional normal depreciation;</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3">(b)<span style="mso-tab-count: 1"> </span>any amount by way of </font><a style="mso-footnote-id: ftn15" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn15" name="_ftnref15"><span class="MsoFootnoteReference"><font size="3">1</font></span></a><font size="3">[development rebate or investment allowance or development allowance] which the employer is entitled to deduct from his income under the income-tax Act;</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3">(c)<span style="mso-tab-count: 1"> </span>subject to the provisions of section 7, any direct tax which the employer is liable to pay for the accounting year in respect of his income, profits and gains during that year;</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3">(d)<span style="mso-tab-count: 1"> </span>such further sums as are specified in respect of the employer in the </font><a style="mso-footnote-id: ftn16" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn16" name="_ftnref16"><span class="MsoFootnoteReference"><font size="3">2</font></span></a><font size="3">[Third Schedule].</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"><b style="mso-bidi-font-weight: normal">7.<span style="mso-tab-count: 1"> </span>Calculation of direct tax payable by the employer.</b>—</font><a style="mso-footnote-id: ftn17" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn17" name="_ftnref17"><span class="MsoFootnoteReference"><font size="3">3</font></span></a><font size="3">[Any direct tax payable by the employer] for any accounting year shall, subject to the following provisions, be calculated at the rates applicable to the income of the employer for that year, namely:-</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 436.5pt" class="MsoBodyText"><font size="3">(a)<span style="mso-spacerun: yes"> </span><span style="mso-tab-count: 1"></span>in calculating such tax no account shall be taken of --</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 1in; tab-stops: 436.5pt" class="MsoBodyText"><font size="3">(i)<span style="mso-tab-count: 1"> </span>any loss incurred by the employer in respect of any previous accounting year and carried forward under any law for the time being in force relating to direct taxes;</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 1in; tab-stops: 436.5pt" class="MsoBodyText"><font size="3">(ii)<span style="mso-tab-count: 1"> </span>any arrears of depreciation which the employer is entitled to add to the amount of the allowance for depreciation for any following accounting year or years under sub-section (2) of section 32 of the Income-tax Act;</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 1in; tab-stops: 436.5pt" class="MsoBodyText"><font size="3">(iii)<span style="mso-tab-count: 1"> </span>any exemption conferred on the employer under section 84 of the Income-tax Act or of any deduction to which he is entitled under sub-section (1) of section,101 of that Act, as in force immediately before the commencement of the Finance Act, 1965 (10 of 1965);</font></p> <p style="TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 436.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 436.5pt" class="MsoBodyText"><font size="3">(b)<span style="mso-tab-count: 1"> </span>where the employer is a religious or a charitable institution to which the provisions of section 32 do not apply and the whole or any part of its income is exempt from tax under the Income-tax Act, then, with respect to the income so exempted, such institution shall be treated as if it were a company in which the public are substantially interested within the meaning of that Act;</font></p> <p style="TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 436.5pt" class="MsoBodyText"><font size="3">(c)<span style="mso-tab-count: 1"> </span>where the employer is individual or a Hindu Undivided Family, the tax payable by such employer under the Income-tax Act shall be calculated on the basis that the income derived by him from the establishment is his only income;</font></p> <p style="TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 436.5pt" class="MsoBodyText"><font size="3">(d)<span style="mso-tab-count: 1"> </span>where the income of any employer includes any profits and gains derived from the export of any goods or merchandise out of India and any rebate on such income in allowed under any law for the time being in force relating to direct taxes, then, no account shall be taken of such rebate;</font></p> <p style="TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 436.5pt" class="MsoBodyText"><font size="3">(e)<span style="mso-tab-count: 1"> </span>no account shall be taken of any rebate </font><a style="mso-footnote-id: ftn18" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn18" name="_ftnref18"><span class="MsoFootnoteReference"><font size="3">1</font></span></a><font size="3">[(other than development rebate or investment allowance or development allowance)] or credit or relief or deduction (not herein before mentioned in this section) in the payment of any direct tax allowed under any law for the time being in force relating to direct taxes or under the relevant annual Finance Act, for the development of any industry.</font></p> <p style="TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 436.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"><b style="mso-bidi-font-weight: normal">8.<span style="mso-tab-count: 1"> </span>Eligibility for bonus.</b>—Every employee shall be entitled to be paid by his employer in an accounting year, bonus, in accordance with the provisions of this Act, provided he has worked in the establishment for not less than thirty working days in that year.</font></p> <p style="TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 436.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"><b style="mso-bidi-font-weight: normal">9.<span style="mso-tab-count: 1"> </span>Disqualification for bonus.</b>—Notwithstanding anything contained in this Act, an employee shall be disqualified from receiving bonus under this Act, if he is dismissed from service for -- </font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 436.5pt" class="MsoBodyText"><font size="3">(a)<span style="mso-tab-count: 1"> </span>fraud; or</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 436.5pt" class="MsoBodyText"><font size="3">(b)<span style="mso-tab-count: 1"> </span>riotous or violent behaviour while on the premises of the establishment; or</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 436.5pt" class="MsoBodyText"><font size="3">(c)<span style="mso-tab-count: 1"> </span>theft, misappropriation or sabotage of any property of the establishment.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 436.5pt" class="MsoBodyText"><a style="mso-footnote-id: ftn19" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn19" name="_ftnref19"><span class="MsoFootnoteReference"><font size="3">1</font></span></a><font size="3"><b style="mso-bidi-font-weight: normal">[10. Payment of minimum bonus.</b>—Subject to the other provisions of this Act, every employer shall be bound to pay to every employee in respect of the accounting year commencing on any day in the year 1979 and in respect of every subsequent accounting year, a minimum bonus which shall be 8.33 per cent of the salary or wage earned by the employee during the accounting year or one hundred rupees, whichever is higher, whether or not the employer has any allocable surplus in the accounting year:</font></p> <p style="TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 436.5pt" class="MsoBodyText"><b style="mso-bidi-font-weight: normal"><span style="mso-tab-count: 1"><font size="3"> </font></span></b></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"><span style="mso-tab-count: 1"> </span>Provided that where an employee has not completed fifteen years of age at the beginning of the accounting year, the provisions of this section shall have effecting relation to such employee as if for the words "one hundred rupees", <span style="mso-spacerun: yes"> </span>the words "sixty rupees" were substituted.]</font></p> <p style="TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 436.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 436.5pt" class="MsoBodyText"><a style="mso-footnote-id: ftn20" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn20" name="_ftnref20"><span class="MsoFootnoteReference"><font size="3">2</font></span></a><font size="3"><b style="mso-bidi-font-weight: normal">[11. Payment of maximum bonus.</b>—(1) Where in respect of any accounting year referred to in section 10, the allocable surplus exceeds the amount of minimum bonus payable to the employees under that section, the employer shall, in lieu of such minimum bonus, be bound to pay to every employee in respect of that accounting; year bonus which shall be an amount in proportion to the salary or wage earned by the employee during the accounting year subject to a maximum of twenty per cent, of such salary or wage.</font></p> <p style="TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 436.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3">(2) <span style="mso-tab-count: 1"> </span>In computing the allocable surplus under this section, the amount set on or the amount set off under the provisions of section 15 shall be taken into account in accordance with the provisions of that section.]</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><a style="mso-footnote-id: ftn21" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn21" name="_ftnref21"><span class="MsoFootnoteReference"><font size="3">3</font></span></a><font size="3"><b style="mso-bidi-font-weight: normal">[12. Calculation of bonus with respect to certain employees.</b>—Where the salary or wage of an employee exceeds </font><a style="mso-footnote-id: ftn22" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn22" name="_ftnref22"><span class="MsoFootnoteReference"><font size="3">4</font></span></a><font size="3">[two thousand and five hundred rupees] per mensem, the bonus payable to such employee under section 10 or, as the case may be, under section 11, shall be calculated as if his salary or wage were [two thousand and five hundred rupees] per mensem.]</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><a style="mso-footnote-id: ftn23" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn23" name="_ftnref23"><span class="MsoFootnoteReference"><font size="3">5</font></span></a><font size="3"><b style="mso-bidi-font-weight: normal">[13.<span style="mso-tab-count: 1"> </span>Proportionate reduction in bonus in certain cases.</b>—Where an employee has not worked for all the working days in an accounting year, the minimum bonus of one hundred rupees or, as the case may be, of sixty rupees, if such bonus is higher than 8.33 per cent, of his salary or wage for the days he has worked in that accounting year, shall be proportionately reduced.]</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"><b style="mso-bidi-font-weight: normal">14.<span style="mso-tab-count: 1"> </span>Computation of number of working days.</b>—For the purposes of section 13, an employee shall be deemed to have worked in an establishment in any accounting year also on the days on which-- </font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3">(a)<span style="mso-tab-count: 1"> </span>he has been laid off under an agreement or as permitted by standing orders under the Industrial Employment (Standing Orders) Act, 1946 (20 of 1946), or under the Industrial Disputes Act, 1947 (14 of 1947), or under any other law applicable to the establishment;</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3">(b)<span style="mso-tab-count: 1"> </span>he has been on leave with salary or wage;</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3">(c)<span style="mso-tab-count: 1"> </span>he has been absent due to temporary disablement caused by accident arising out of and in the course of his employment; and </font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3">(d)<span style="mso-tab-count: 1"> </span>the employee has been on maternity leave with salary or wage, during the accounting year.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><a style="mso-footnote-id: ftn24" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn24" name="_ftnref24"><span class="MsoFootnoteReference"><font size="3">1</font></span></a><font size="3"><b style="mso-bidi-font-weight: normal">[15. <span style="mso-tab-count: 1"> </span>Set on and set off of allocable surplus.</b>— (1) Where for any accounting year, the allocable surplus exceeds the amount of maximum bonus payable to the employees in the establishment under section 11, 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 utilized for the purpose of payment of bonus in the manner illustrated in the Fourth Schedule.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3">(2)<span style="mso-tab-count: 1"> </span>Where for any accounting year, there is no available surplus or the allocable surplus in respect of that year falls short of the amount of minimum bonus payable to the employees in the establishment under section 10, and there is no amount of sufficient amount carried forward and set on under sub-section (1) which could be utilized for the purpose of payment of the minimum bonus, then, such minimum amount or the deficiency, as the case may be, shall be carried forward for being set off in the succeeding accounting year and so on up to and inclusive of the fourth accounting year in the manner illustrated in the Fourth Schedule.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3">(3)<span style="mso-tab-count: 1"> </span>The principle of set on and set off as illustrated in the Fourth Schedule shall apply to all other cases not covered by sub-section (1) or sub-section (2) for the purpose of payment of bonus under this Act.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3">(4)<span style="mso-tab-count: 1"> </span>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.]</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"><b style="mso-bidi-font-weight: normal">16.<span style="mso-tab-count: 1"> </span>Special provisions with respect to certain establishment</b>— </font><a style="mso-footnote-id: ftn25" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn25" name="_ftnref25"><span class="MsoFootnoteReference"><font size="3">2</font></span></a><font size="3">[(1) Where an establishment newly set up, whether before or after the commencement of this Act, the employees of such establishment shall be entitled to be paid bonus under this Act in accordance with the provisions of sub-section (1A), (1B) and (1C).</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3">(1A)<span style="mso-tab-count: 1"> </span>In the first five accounting year following the accounting year in which the employer sells the goods produced or manufactured by him or renders services, as the case may be, from such establishment, bonus shall be payable only in respect of the accounting year in which the employer derives profit from such establishment and such bonus shall be calculated in accordance with the provisions of this act in relation to that year, but with out applying the provisions of section 15.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3">(1B)<span style="mso-tab-count: 1"> </span>For the sixth and seventh accounting year following the accounting year in which the employer sells the goods produced or manufactured by him or renders services, as the case may be, from such establishment, the provisions of section 15 shall apply subject other following modifications, namely:--</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 436.5pt" class="MsoBodyText"><font size="3">(i)<span style="mso-tab-count: 1"> </span>for the sixth accounting year --</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 436.5pt" class="MsoBodyText"><span style="mso-tab-count: 1"><font size="3"> </font></span></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 436.5pt" class="MsoBodyText"><font size="3"><span style="mso-tab-count: 1"> </span>set on or set off, as the case may be, shall be made in the manner illustrated in the </font><a style="mso-footnote-id: ftn26" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn26" name="_ftnref26"><span class="MsoFootnoteReference"><font size="3">1</font></span></a><font size="3">[Fourth Schedule] taking into account the excess or deficiency, if any, as the case may be, of the allocable surplus set on or set off in respect of the fifth and sixth accounting years;</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 436.5pt" class="MsoBodyText"><font size="3">(ii)<span style="mso-tab-count: 1"> </span>for the seventh accounting year --</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 436.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 436.5pt" class="MsoBodyText"><font size="3"><span style="mso-tab-count: 1"> </span>set on or set off, as the case may be, shall be made in the manner illustrated in the <sup>1</sup>[Fourth Schedule] taking into account the excess or deficiency, if any, as the case may be, of the allocable surplus set on or set off in respect of the fifth, sixth and seventh accounting year.</font></p> <p style="TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 436.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3">(1C)<span style="mso-tab-count: 1"> </span>From the eighth accounting year following the accounting year in which the employer sells the goods produced or manufactured by him or renders services, as the case may be, from such establishment, the provisions of section 15 shall apply in relation to such establishment as they apply in relation to any other establishment.</font></p> <p style="TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 436.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"><i>Explanation</i><i> I<span style="FONT-STYLE: normal">.</span></i> – For the purpose of sub-section (1), an establishment shall not be newly set up merely by reason of a change in its location, management, name or ownership.</font></p> <p style="TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 436.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"><i>Explanation II.</i> -- For the purpose of sub-section (1A), an employer shall not be deemed to have derived profit in any accounting year unless –</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 436.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 436.5pt" class="MsoBodyText"><font size="3">(a)<span style="mso-tab-count: 1"> </span>he has made provision for that year's depreciation to which he is entitled under the Income-tax Act or, as the case may be, under the agricultural income-tax, law; and </font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 436.5pt" class="MsoBodyText"><font size="3">(b)<span style="mso-tab-count: 1"> </span>the arrears of such depreciation and losses incurred by him in respect of the establishment for the previous accounting years have been fully set off against his profits.</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 436.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 436.5pt" class="MsoBodyText"><font size="3"><i>Explanation III. – </i>For the purpose of sub-section (1A), (1B) and (1C), sale of the goods produced or manufactured during the course of the trial running of any factory or of the prospecting stage of any mine or an oil field shall not be taken into consideration and where any question arises with regard to such production or manufacture, the decision of the appropriate Government, made after giving the parties a reasonable opportunity of representing the case, shall be final and shall not be called in question by any court or other authority.]</font></p> <p style="TEXT-INDENT: -27pt; MARGIN: 0in 9pt 0pt 27pt; tab-stops: 436.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3">(2)<span style="mso-tab-count: 1"> </span>The provisions of </font><a style="mso-footnote-id: ftn27" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn27" name="_ftnref27"><span class="MsoFootnoteReference"><font size="3">1</font></span></a><font size="3">[sub-section (1), (1A), (1B) and (1C)] shall, so far as may be, apply to new departments or undertakings or branches set up by existing establishments:</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><span style="mso-tab-count: 1"><font size="3"> </font></span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"><span style="mso-tab-count: 1"> </span>Provided that if an employer in relation to an existing establishment consisting of different (departments or undertakings or branches (whether or not in the same industry) set up at different periods has, before the 29<sup>th</sup> May, 1965, been paying bonus to the employees of all; such departments or undertakings or branches, irrespective of the date on which such departments or undertakings or branches were set up, on the basis of the consolidated profits computed in respect of all such departments or undertaking or branches, then, such employer shall be liable to pay bonus in accordance with the provisions of this Act to the employees of all such departments or undertaking or branches (whether set up before or after that date) on the basis of the consolidated profits computed as aforesaid.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"><b style="mso-bidi-font-weight: normal">17.<span style="mso-tab-count: 1"> </span>Adjustment of customary or interim bonus against bonus payable under the Act.</b>—Whether in any accounting year --</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3">(a) <span style="mso-tab-count: 1"> </span>an employer has paid any puja bonus or other customary bonus to an employee; or</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3">(b)<span style="mso-tab-count: 1"> </span>an employer has paid a part of the bonus payable under this Act to an employee before the date on which such bonus becomes payable.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3">then, the employer shall<span style="mso-spacerun: yes"> </span>be entitled to deduct the amount of bonus so paid from the amount of bonus payable by him to the employee under this Act in respect of that accounting year and the employee shall be entitled to receive only the balance.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"><b style="mso-bidi-font-weight: normal">18.<span style="mso-tab-count: 1"> </span>Deduction of certain amounts from bonus payable under the Act.</b> – Where in any accounting year, an employee is found guilty of misconduct causing financial loss to the employer, then, it shall be lawful for the employer to deduct the amount of loss from the amount of bonus payable by him to the employee under this Act in respect of that accounting year only and the employee shall be entitled to receive the balance, if any.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"><b style="mso-bidi-font-weight: normal">19.<span style="mso-tab-count: 1"> </span>Time-limit for payment of bonus.</b> – </font><a style="mso-footnote-id: ftn28" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn28" name="_ftnref28"><span class="MsoFootnoteReference"><font size="3">2</font></span></a><font size="3">[All amounts] payable to an employee by way of bonus under this Act shall be paid in cash by his employer --</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3">(a)<span style="mso-tab-count: 1"> </span>where there is a dispute regarding payment of bonus pending before any authority under section 22, within a month from the date on which the award becomes enforceable or the settlement comes into operation, in respect of such dispute;</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3">(b)<span style="mso-tab-count: 1"> </span>in any other case, within a period of eight months from the close of the<span style="mso-spacerun: yes"> </span>accounting year:</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"><span style="mso-tab-count: 1"> </span>Provided that the appropriate Government or such authority as the appropriate Government may specify in this behalf may, upon an application made to it by the employer and for sufficient reasons, by order, extended the said period of eight months to such further period or periods as it thinks fit; so, however, that the total period so extended shall not in any case exceed two years.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><a style="mso-footnote-id: ftn29" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn29" name="_ftnref29"><span class="MsoFootnoteReference"><font size="3">1</font></span></a><font size="3">[***]</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><a style="mso-footnote-id: ftn30" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn30" name="_ftnref30"><span class="MsoFootnoteReference"><font size="3">2</font></span></a><font size="3">[***]</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"><b style="mso-bidi-font-weight: normal">20.<span style="mso-tab-count: 1"> </span></b><b style="mso-bidi-font-weight: normal">Application of Act to establishments in public sector in certain cases.-</b></font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><a style="mso-footnote-id: ftn31" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn31" name="_ftnref31"><span class="MsoFootnoteReference"><font size="3">3</font></span></a><font size="3">[(1)] If in any accounting year an establishment in public sector sells any goods produced or manufactured by it or renders any services, in competition with an establishment in private sector, and the income from such sale or services or both less than twenty percent of the gross income of the establishment in public sector for that year, then, the provision of this Act shall apply in relation to such establishment in public sector as they apply in relation to a like establishment in private sector.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 436.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 31.5pt" class="MsoBodyText"><a style="mso-footnote-id: ftn32" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn32" name="_ftnref32"><span class="MsoFootnoteReference"><font size="3">4</font></span></a><font size="3">[(2)<span style="mso-tab-count: 2"> </span>Save as otherwise provided in sub-section (1), nothing in this Act shall apply to the employees employed by any establishment in public sector]</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 31.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 31.5pt" class="MsoBodyText"><font size="3"><b style="mso-bidi-font-weight: normal">21.<span style="mso-tab-count: 1"> </span>Recovery of bonus due from an employer.-</b> Where any money is due to an employee by way of bonus from his employer under a settlement or an award or agreement, the employee himself or any other person authorised<span style="mso-spacerun: yes"> </span>by him in writing in this behalf, or in the case of the death of the employee, his assignee or heirs may, without prejudice to any other mode of recovery, make an application to the appropriate Government or such authority as the appropriate Government may specify in this behalf is satisfied that any money is so due, it shall issue a certificate for that amount to the Collector who shall proceed to recover the same in the same manner as an arrears of land revenue. </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 31.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 31.5pt" class="MsoBodyText"><font size="3"><span style="mso-tab-count: 1"> </span>Provided that every such application shall be made within one year from the date on which the money became due to the employee from the employer.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 31.5pt" class="MsoBodyText"><font size="3"><span style="mso-tab-count: 1"> </span>Provided further that any such application may be entertained after the expiry of the said period of one year, if the appropriate Government is satisfied that the applicant had sufficient cause for not making the application within the said period. </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt 31.5pt" class="MsoBodyText"><span style="mso-tab-count: 1"><font size="3"> </font></span></p> <p style="MARGIN: 0in 0in 0pt; tab-stops: 0in 31.5pt" class="MsoBodyText"><i><span style="FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt">Explanation- </span></i><span style="FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt">In this section and<i> </i>in </span><a style="mso-footnote-id: ftn33" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn33" name="_ftnref33"><span class="MsoFootnoteReference"><font size="3">5</font></span></a><span style="FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt">[sections 22,23, 24 and 25], "employee" includes a person who is entitled to the payment of bonus under this Act but who is no longer in employment.</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 31.5pt" class="MsoBodyText"><font size="3"><b style="mso-bidi-font-weight: normal">22.<span style="mso-tab-count: 1"> </span>Reference of disputes under the Act.-</b> Where any dispute arises between an employer and his employees with respect to the bonus payable under this Act or with respect to the application of this Act to an establishment in public sector, then, such dispute shall be deemed to be an industries dispute within the meaning of the Industrial Disputes Act, 1947 (14 of 1947), or of any corresponding law relating to investigation and settlement of industrial disputes in force in a State and the provisions of that Act or, as the case may be, such law, shall, save as otherwise expressly provided, apply accordingly.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 31.5pt" class="MsoBodyText"><b style="mso-bidi-font-weight: normal"><font size="3"> </font></b></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 31.5pt" class="MsoBodyText"><font size="3"><b style="mso-bidi-font-weight: normal">23.<span style="mso-tab-count: 1"> </span>Presumption about accuracy of balance-sheet and profit and loss account of corporation and companies.- </b>Where, during the course of proceedings before any arbitrator or Tribunal under the Industrial Disputes Act, 1947 (14 of 1947) or under any corresponding law relating to investigation and settlement of industrial disputes in force in a State (hereinafter in this section </font><a style="mso-footnote-id: ftn34" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn34" name="_ftnref34"><span class="MsoFootnoteReference"><font size="3">1</font></span></a><font size="3">[and in </font><a style="mso-footnote-id: ftn35" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn35" name="_ftnref35"><span class="MsoFootnoteReference"><font size="3">2</font></span></a><font size="3">[sections 24 and 25] referred to as the "said authority" ) to which any dispute of the nature specified in section 22 has been referred, the balance-sheet and the profit and loss account of an employer, being a corporation or a company (other than a banking company), duly audited by the comptroller and Auditor-General of India or by auditors duly qualified to Act as auditors of companies under sub-section (1) of section 226 of the Companies Act, 1956 (1 of 1956), are produced before it, then, the said authority may presume the statements and particulars contained in such balance-sheet and profit and loss account to be accurate and it shall not be necessary for the corporation or the company to prove the accuracy of such statements and particulars by the filing of an affidavit or by any other mode. </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 31.5pt" class="MsoBodyText"><font size="3"><span style="mso-tab-count: 1"> </span>Provided that where the said authority is satisfied that the statement and particulars contained in the balance-sheet or the profit and loss account of the corporation or the company are not accurate, it may take such steps as it thinks necessary to find our the accuracy of such statement and particulars.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 31.5pt" class="MsoBodyText"><font size="3"><span style="mso-tab-count: 1"> </span>(2) When an application is made to the said authority by any trade union being a party to the dispute or where there is no trade union, by the employees being a party to the dispute requiring any clarification relating to any item in the balance-sheet or the profit and loss account it may, after satisfying itself that such clarification is necessary, by order, direct the corporation or, as the case may be, the company, to furnish to the trade union or the employees such clarification within such time as may be specified in the direction and the corporation or , as the case may be, the company, shall comply with such direction.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 31.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 31.5pt" class="MsoBodyText"><a style="mso-footnote-id: ftn36" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn36" name="_ftnref36"><span class="MsoFootnoteReference"><font size="3">3</font></span></a><font size="3"><b style="mso-bidi-font-weight: normal">[24.<span style="mso-tab-count: 1"> </span>Audited accounts of banking companies not to be questioned</b>. –(1) Where any dispute of the nature specified in section 22 between an employer , being a banking company, and its employees has been referred to the said authority under that section and during the course of proceedings the accounts of the banking company duly audited and produced before it, the said authority shall not permit any trade union or employees to question the correctness of such accounts , but the trade union or employees to question the correctness of such accounts, but the trade union or employees may be permitted to obtain from the banking company such information as is necessary for verifying the amount of bonus due under this Act.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 31.5pt" class="MsoBodyText"><font size="3"><span style="mso-tab-count: 1"> </span>(2) Nothing contained in sub-section (1) shall enable trade union of the employees to obtain any information which the banking company is not compelled to furnish under the provisions of section 34A of the Banking Regulation Act, 1949 (10 of 1949)].</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 31.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 31.5pt" class="MsoBodyText"><font size="3"><b style="mso-bidi-font-weight: normal">25. Audit of accounts of employers, not being corporations or companies.- </b>(1) Where any dispute of the nature specified in section 22 between an employer, not being a corporation or a company, and his employees has been referred to the said authority under that section and the accounts of such employer audited by any auditor duly qualified to act as auditor of companies under sub-section (1) of section 226 of the Companies Act, 1956 (1 of 1956) , are produced before the said authority, the provisions of section 23, shall , so far as may be, apply to the accounts so audited. </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 31.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 31.5pt" class="MsoBodyText"><font size="3"><span style="mso-tab-count: 1"> </span>(2) When the said authority finds that the accounts of such employer of such employer have not been audited by any such auditor and it is of opinion that an audit of the accounts of such employer is necessary for deciding the question referred to it, then, it may, by order direct the employer to get his accounts audited within such time as may be specified in the direction or within such further time as it may allow by such auditor or auditors as it thinks fit and thereupon the employer shall comply with such direction. </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 31.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 31.5pt" class="MsoBodyText"><font size="3"><span style="mso-tab-count: 1"> </span>(3) Where an employer fails to get the accounts audited under sub-section (2) the said authority may, without prejudice to the provisions of section 28, get the accounts audited by such auditor or auditors as it thinks fit.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 31.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 31.5pt" class="MsoBodyText"><font size="3"><span style="mso-tab-count: 1"> </span>(4) When the accounts are audited under sub-section (2) or sub-section (3) the provision of section 23 shall, so far as may be, apply to the accounts so audited.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 31.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 31.5pt" class="MsoBodyText"><font size="3"><span style="mso-tab-count: 1"> </span>(5) The expenses of and incidental to, any audit under sub-section (3) (including the remunerating of the auditor or auditors) shall be determined by the said authority (which determination shall be final) and paid by the employer and in default or such payment shall be recoverable from the employer in the manner provided in section 21.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 31.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 27.0pt" class="MsoBodyText"><font size="3"><b style="mso-bidi-font-weight: normal">26. <span style="mso-tab-count: 1"> </span>Maintenance of register, records, <i>etc</i>.</b> – Every employer shall prepare and maintain such registers, records and other documents in such form and in such manner as may prescribed.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 31.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 27.0pt" class="MsoBodyText"><font size="3"><b style="mso-bidi-font-weight: normal">27.<span style="mso-tab-count: 1"> </span>Inspectors. </b>– (1) The appropriate Government may, by notification on the Official Gazette, appoint such person as it think fit to be Inspectors for the purposes of this Act and may define the limits within which they shall exercise jurisdiction.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 31.5pt" class="MsoBodyText"><font size="3"><span style="mso-spacerun: yes"> </span>(2)<span style="mso-tab-count: 1"> </span>An Inspector appointed under sub-section (1) may, for the purpose of ascertaining whether any of the provisions of this Act has been complied with --</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: .5in" class="MsoBodyText"><font size="3">(a)<span style="mso-tab-count: 1"> </span>Require an employer to furnish such information as he may consider necessary;</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: .5in" class="MsoBodyText"><font size="3">(b)<span style="mso-tab-count: 1"> </span>at any reasonable time and with such assistance, if any, as he thinks fit enter any establishment or any premises connected therewith and require any one found in charge thereof to produce before him for examination any accounts, books, registers and other documents relating to the employment of persons or the payment of salary or wage or bonus in the establishment;</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: .5in" class="MsoBodyText"><font size="3">(c)<span style="mso-tab-count: 1"> </span>examine with respect to any matter relevant to any of the purposes aforesaid, the employer, his agent or servant or any other person found in charge of the establishment or any premises connected therewith or any person whom the Inspector has reasonable cause to believe to be or to have been an employee in the establishment;</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: .5in" class="MsoBodyText"><font size="3">(d)<span style="mso-tab-count: 1"> </span>make copies of, or take extracts from, any book, register or other document maintained in relation to the establishment;</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: .5in" class="MsoBodyText"><font size="3">(e)<span style="mso-tab-count: 1"> </span>exercise such other powers as may prescribed.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><font size="3"><span style="mso-spacerun: yes"> </span>(3)<span style="mso-tab-count: 1"> </span>Every Inspector shall be deemed to be a public servant within the meaning of the Indian penal Code (45 of 1860).</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><font size="3">(4)<span style="mso-tab-count: 1"> </span>Any person required to produce any accounts, book, register or other documents or to give information by an Inspector under sub-section (1) shall be legally bound to do so. </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><a style="mso-footnote-id: ftn37" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn37" name="_ftnref37"><span class="MsoFootnoteReference"><font size="3">1</font></span></a><font size="3">[(5)<span style="mso-tab-count: 1"> </span>Nothing contained in this section shall enable an Inspector to require a banking company to furnish or disclose any statement or information or to produce, or give inspection of any its books of account or other documents which a banking company cannot be compelled to furnish, disclose, produce or give inspection of, under the provision of section 34A of the Banking Regulation Act, 1949 (10 of 1949).</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 31.5pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 27.0pt" class="MsoBodyText"><font size="3"><b style="mso-bidi-font-weight: normal">28</b>.<span style="mso-tab-count: 1"> </span><b style="mso-bidi-font-weight: normal">Penalty.-</b> if any person-</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 0in 31.5pt; mso-list: l17 level1 lfo8" class="MsoBodyText"><span style="mso-fareast-font-family: Arial; mso-bidi-font-family: Arial"><span style="mso-list: Ignore"><font size="3">(a)</font><span style="FONT: 7pt 'Times New Roman'"> </span></span></span><font size="3">contravenes any of the provision of this Act or any rule made thereunder, or</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 0in 31.5pt; mso-list: l17 level1 lfo8" class="MsoBodyText"><span style="mso-fareast-font-family: Arial; mso-bidi-font-family: Arial"><span style="mso-list: Ignore"><font size="3">(b)</font><span style="FONT: 7pt 'Times New Roman'"> </span></span></span><font size="3">to whom a direction is given or a requisition is made under this Act fails to comply with the direction or requisition,</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in" class="MsoBodyText"><font size="3">he shall be punishable with imprisonment for a term which may extend to six<span style="mso-spacerun: yes"> </span>months, or with fine which may extend to one thousand rupees, or with both.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 31.5pt" class="MsoBodyText"><b style="mso-bidi-font-weight: normal"><font size="3"> </font></b></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 27.0pt" class="MsoBodyText"><font size="3"><b style="mso-bidi-font-weight: normal">29.<span style="mso-tab-count: 1"> </span>Offences by companies.-<span style="mso-spacerun: yes"> </span></b>(1)<b style="mso-bidi-font-weight: normal"> </b>If the person committing an offence under this Act is a company, every person who, at the time the offence was committed, was in charge of, and was responsible to, the company for the conduct of business of the company, as well as the company, shall be deemed to be guilty of the offence and shall be liable to be proceeded against and punished accordingly:</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 27.0pt" class="MsoBodyText"><font size="3"><span style="mso-tab-count: 1"> </span>Provided that nothing contained in this sub-section shall render any such person liable to any punishment if he proves that the offence was committed without his knowledge or that he exercised all; due diligence to prevent the commission of such offence.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 27.0pt" class="MsoBodyText"><font size="3">(2)<span style="mso-tab-count: 1"> </span>Notwithstanding anything contained in sub-section (1), where an offence under this Act has been committed by a company and it is proved that the offence has been committed with the consent or connivance of, or is attributable to any neglect on the part of, any director, manager, secretary or other officer of the company, such director, manager, secretary or other officer shall also be deemed to be guilty of that offence and shall be liable to be proceeded against and punished accordingly.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 31.5pt" class="MsoBodyText"><i><font size="3"> </font></i></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 0in 31.5pt" class="MsoBodyText"><font size="3"><i>Explanation.</i> – For the purposes of this section, --</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: .5in" class="MsoBodyText"><font size="3">(a)<span style="mso-tab-count: 1"> </span>"company" means any body corporate and includes a firm or other association of individuals; and </font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: .5in" class="MsoBodyText"><font size="3">(b)<span style="mso-tab-count: 1"> </span>"director", in relation to a firm, means a partner in the firm.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><font size="3"><b style="mso-bidi-font-weight: normal">30.<span style="mso-tab-count: 1"> </span>Cognizance of offences. </b>– (1) No court shall take cognizance of any offence punishable under this Act, save on complaint made by or under the authority of the appropriate Government </font><a style="mso-footnote-id: ftn38" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn38" name="_ftnref38"><span class="MsoFootnoteReference"><font size="3">1</font></span></a><font size="3">[or an officer of that Government (not below the rank of a Regional Labour Commissioner in the case of an officer of the Central Government, and not below the rank of a Labour Commissioner in the case of an officer of the State Government) specially authorised in this behalf by that Government].</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><font size="3">(2)<span style="mso-tab-count: 1"> </span>No court inferior to that of a presidency magistrate or a magistrate of the first class shall try any offence punishable under this Act.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><font size="3"><b style="mso-bidi-font-weight: normal">31.<span style="mso-tab-count: 1"> </span>Protection of action taken under the Act. </b>– No suit, prosecution or other legal proceeding shall lie against the Government or any officer of the Government for anything which is in good faith done or intended to be done in pursuance of this Act or any rule made thereunder.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><a style="mso-footnote-id: ftn39" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn39" name="_ftnref39"><span class="MsoFootnoteReference"><font size="3">2</font></span></a><font size="3"><b style="mso-bidi-font-weight: normal">[31A. Special provision with respect to payment of bonus linked with production or productivity. </b>– Notwithstanding anything contained in this Act,--</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 49.5pt" class="MsoBodyText"><font size="3">(i)<span style="mso-tab-count: 1"> </span>where an agreement or a settlement has been entered into by the employees with their employer before the commencement of the Payment of Bonus (Amendment) Act, 1976 (23 of 1976), or </font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: .5in" class="MsoBodyText"><font size="3">(ii)<span style="mso-tab-count: 1"> </span>where the employees enter into any agreement or settlement with their employer after such commencement, for payment of an annual bonus linked with production or productivity in lieu of bonus based on profits payable under this Act, then, such employees shall be entitled to receive bonus due to them under such agreement or settlement, as the case may be:</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: .5in" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="mso-tab-count: 1"><font size="3"> </font></span><a style="mso-footnote-id: ftn40" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn40" name="_ftnref40"><span class="MsoFootnoteReference"><font size="3">1</font></span></a><font size="3">[Provided that any such agreement or settlement whereby the employees relinquish their right to receive the minimum bonus under section 10 shall be null and void in so far as it purports to deprive them of such right:]</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="mso-tab-count: 1"><font size="3"> </font></span><a style="mso-footnote-id: ftn41" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn41" name="_ftnref41"><span class="MsoFootnoteReference"><font size="3">2</font></span></a><font size="3">[Provided further that] such employees shall not be entitled to be paid such bonus in excess of twenty per cent. of the salary or wage earned by them during the relevant accounting year.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><font size="3"><b style="mso-bidi-font-weight: normal">32.<span style="mso-tab-count: 1"> </span>Act not to apply to certain classes of employees.</b> – Nothing in this Act shall apply to --</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: .5in" class="MsoBodyText"><font size="3">(i)<span style="mso-tab-count: 1"> </span></font><a style="mso-footnote-id: ftn42" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn42" name="_ftnref42"><span class="MsoFootnoteReference"><font size="3">3</font></span></a><font size="3">[***] employees employed by any insurer carrying on general insurance business and the employees employed by the Life Insurance Corporation of India;</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: .5in" class="MsoBodyText"><font size="3">(ii)<span style="mso-tab-count: 1"> </span>seamen as defined in clause (42) of section 3 of the Merchant Shipping Act, 1958 ( 44 of 1958);</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: .5in" class="MsoBodyText"><font size="3">(iii)<span style="mso-tab-count: 1"> </span>employees registered or listed under any scheme made under the Dock Workers (Regulation of Employment) Act, 1948 (9 of 1948), and employed by registered or listed employers;</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: .5in" class="MsoBodyText"><font size="3">(iv)<span style="mso-tab-count: 1"> </span>employees employed by an establishment engaged in any industry carried on by or under the authority of any department of the Central Government or a State Government or a Local authority;</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: .5in" class="MsoBodyText"><font size="3">(v)<span style="mso-tab-count: 1"> </span>employees employed by --</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 1in; tab-stops: .5in" class="MsoBodyText"><font size="3">(a) <span style="mso-tab-count: 1"> </span>the Indian Red Cross Society or any other institution of a like nature (including its branches);</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 1in; tab-stops: .5in" class="MsoBodyText"><font size="3">(b)<span style="mso-tab-count: 1"> </span>universities and other educational institutions;</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 1in; tab-stops: .5in" class="MsoBodyText"><font size="3">(c)<span style="mso-tab-count: 1"> </span>institutions (including hospitals, chambers of commerce and social welfare institutions) established not for purposes of profit;</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: .5in" class="MsoBodyText"><font size="3">(vi)<span style="mso-tab-count: 1"> </span>employees employed through contractor on building operations;</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: .5in" class="MsoBodyText"><span style="mso-tab-count: 1"><font size="3"> </font></span><a style="mso-footnote-id: ftn43" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn43" name="_ftnref43"><span class="MsoFootnoteReference"><font size="3">4</font></span></a><font size="3">[***]</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: .5in" class="MsoBodyText"><font size="3">(viii) employees employed by the Reserve Bank of India;</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: .5in" class="MsoBodyText"><font size="3">(ix)<span style="mso-tab-count: 1"> </span>employees employed by --</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 1in; tab-stops: .5in" class="MsoBodyText"><font size="3">(a) <span style="mso-tab-count: 1"> </span>the Industrial Finance Corporation of India;</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 1in; tab-stops: .5in" class="MsoBodyText"><font size="3">(b)<span style="mso-tab-count: 1"> </span>any Financial Corporation established under section 3, or any Joint Financial Corporation established under section 3A, of the State Financial Corporations Act, 1951 (63 of 1951);</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 1in; tab-stops: .5in" class="MsoBodyText"><font size="3">(c)<span style="mso-tab-count: 1"> </span>the Deposit Insurance Corporation;</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 1in; tab-stops: .5in" class="MsoBodyText"><a style="mso-footnote-id: ftn44" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn44" name="_ftnref44"><span class="MsoFootnoteReference"><font size="3">5</font></span></a><font size="3">[(d)<span style="mso-tab-count: 1"> </span>the National Bank for Agriculture and Rural Development;]</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 1in; tab-stops: .5in" class="MsoBodyText"><font size="3">(e)<span style="mso-tab-count: 1"> </span>the Unit Trust of India;</font></p> <p style="TEXT-INDENT: -22.2pt; MARGIN: 0in 9pt 0pt 71.7pt; tab-stops: list 71.7pt; mso-list: l16 level1 lfo28" class="MsoBodyText"><span style="mso-fareast-font-family: Arial; mso-bidi-font-family: Arial"><span style="mso-list: Ignore"><font size="3">(f)</font><span style="FONT: 7pt 'Times New Roman'"> </span></span></span><font size="3">the Industrial Development Bank of India;</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: .5in" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: .5in" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: .5in" class="MsoBodyText"><font size="3"> </font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 1in; tab-stops: .5in" class="MsoBodyText"><a style="mso-footnote-id: ftn45" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn45" name="_ftnref45"><span class="MsoFootnoteReference"><font size="3">1</font></span></a><font size="3">[(fa) the Small Industries Development Bank of India established under section 3 of the Small Industries Development Bank of India Act, 1989;]</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 1in; tab-stops: .5in" class="MsoBodyText"><a style="mso-footnote-id: ftn46" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn46" name="_ftnref46"><span class="MsoFootnoteReference"><font size="3">2</font></span></a><font size="3">[(ff)<span style="mso-tab-count: 1"> </span>the National Housing Bank;]</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 1in; tab-stops: .5in" class="MsoBodyText"><font size="3">(g)<span style="mso-tab-count: 1"> </span>any other financial institution </font><a style="mso-footnote-id: ftn47" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn47" name="_ftnref47"><span class="MsoFootnoteReference"><font size="3">3</font></span></a><font size="3">[(other than a banking company)], being an establishment in public sector, which the Central Government may, by notification in the Official Gazette, specify, having regard to -- </font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 1in; tab-stops: .5in" class="MsoBodyText"><font size="3">(i)<span style="mso-tab-count: 1"> </span>its capital structure;</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 1in; tab-stops: .5in" class="MsoBodyText"><font size="3">(ii)<span style="mso-tab-count: 1"> </span>its objectives and the nature of its activities;</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 1in; tab-stops: .5in" class="MsoBodyText"><font size="3">(iii)<span style="mso-tab-count: 1"> </span>the nature and extent of financial assistance or any concession given to it by the Government; and </font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 1in; tab-stops: .5in" class="MsoBodyText"><font size="3">(iv)<span style="mso-tab-count: 1"> </span>any other relevant factor;</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: .5in" class="MsoBodyText"><a style="mso-footnote-id: ftn48" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn48" name="_ftnref48"><span class="MsoFootnoteReference"><font size="3">4</font></span></a><font size="3">[***]</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: .5in" class="MsoBodyText"><font size="3">(xi)<span style="mso-tab-count: 1"> </span>employees employed by inland water transport establishment operating on routes passing through any other country.</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: .5in" class="MsoBodyText"><b style="mso-bidi-font-weight: normal"><font size="3"> </font></b></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><font size="3"><b style="mso-bidi-font-weight: normal">33.<span style="mso-tab-count: 1"> </span>Act to apply to certain pending disputes regarding payment of bonus.</b>-<i></i></font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><i><font size="3">[Rep. By the Payment of Bonus (Amendment) Act, 1976 (23 of 1976), sec. 21 (w.r.e.f. 25-9-1975).]</font></i></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><a style="mso-footnote-id: ftn49" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn49" name="_ftnref49"><span class="MsoFootnoteReference"><font size="3">5</font></span></a><font size="3"><b style="mso-bidi-font-weight: normal">[34. Effect of laws and agreements inconsistent with the Act. – </b>Subject to the provisions of section 31A, the provisions of this Act shall have effect notwithstanding anything inconsistent contained in any other law for the time being in force or in the terms of any award, agreement, settlement or contract of service.]</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><font size="3"><b style="mso-bidi-font-weight: normal">35.<span style="mso-tab-count: 1"> </span>Saving. </b>– Nothing, contained in this Act shall be deemed to affect the provisions of the Coal Mines, Provident Fund and Bonus Schemes Act, 1948 (48 for 1948), or of any scheme made thereunder.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><font size="3"><b style="mso-bidi-font-weight: normal">36<span style="mso-tab-count: 1"> </span>Power of exemption. </b>– If the appropriate Government, having regard to the financial position and other relevant circumstances of any establishment<span style="mso-spacerun: yes"> </span>or class of establishment, is of opinion that it will not be in public interest to apply all or any of the provisions of this Act thereto, it may, by notification in the Official Gazette, exempt for such period as maybe specified therein and subject to such conditions as it may think fit to impose, such establishment or class of establishment from all or any of the provisions of this Act.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><font size="3"><b style="mso-bidi-font-weight: normal">37. <span style="mso-tab-count: 1"> </span>Power to remove difficulties. </b>– <i>[Rep. by the Payment of Bonus (Amendment) Act, 1976 (23 of 1976), sec. 23 (w.r.e.f. 25-9-1975).]</i></font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><font size="3"> </font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><font size="3"><b style="mso-bidi-font-weight: normal">38.<span style="mso-tab-count: 1"> </span>Power to make rules.</b> – (1) The Central Government may make rule for the purpose of carrying into effect the provisions of this Act.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><font size="3">(2)<span style="mso-tab-count: 1"> </span>In particular, and without prejudice to the generality of the foregoing power, such rules may provide for --</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 27.0pt" class="MsoBodyText"><font size="3">(a)<span style="mso-tab-count: 1"> </span>the authority for granting permission under the proviso to sub-clause (iii) of clause (1) of section 2;</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 27.0pt" class="MsoBodyText"><font size="3">(b)<span style="mso-tab-count: 1"> </span>the preparation of registers, records and other documents and the form and manner in which such registers, records and documents may be maintained under section 26;</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 27.0pt" class="MsoBodyText"><font size="3">(c)<span style="mso-tab-count: 1"> </span>the powers which may be exercised by an inspector under clause (e) of sub-section (2) of section 27;</font></p> <p style="TEXT-INDENT: -22.5pt; MARGIN: 0in 9pt 0pt 49.5pt; tab-stops: 27.0pt" class="MsoBodyText"><font size="3">(d)<span style="mso-tab-count: 1"> </span>any other matter which is to be, or maybe prescribed.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><font size="3">(3)<span style="mso-tab-count: 1"> </span>Every rule made under this section shall be laid as soon as may be after it is made, before each House of Parliament while it is in session for a total period of thirty days, which may be comprised in one session [or in two or more successive sessions], and if before the expiry of the session [immediately following the session or the successive sessions aforesaid], both Houses agree in making any modification in the rule or both Houses agree that the rule should not be made, the rule shall thereafter have effect only in such modified form or be of no effect, as the case may be; so, however, that any such modification or annulment shall be without prejudice to the validity of anything previously done under that rule.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><font size="3"><b style="mso-bidi-font-weight: normal">39.<span style="mso-tab-count: 1"> </span>Application of certain law not barred.</b> –Save as otherwise expressly provided, the provisions of this Act shall be in addition to and not in derogation of the Industrial Disputes Act, 1947 (14 of 1947), or any corresponding law relating to investigation and settlement of industrial disputes in force in a State.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><font size="3"><b style="mso-bidi-font-weight: normal">40.<span style="mso-tab-count: 1"> </span>Repeal and saving.</b> – (1) The Payment of Bonus Ordinance, 1965 (3 of 1965), is hereby repealed.</font></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><font size="3">(2)<span style="mso-tab-count: 1"> </span>Notwithstanding such repeal, anything done or any action taken under the said Ordinance shall be deemed to have been done or taken under this Act as if this Act had commenced on the 29<sup>th</sup> May, 1965.</font></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 11pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 11pt">[THE FIRST SCHEDULE</span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 11pt">[See section 4(a)]</span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 11pt">COMPUTATION OF GROSS PROFITS</span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><font size="3">Accounting year ending……………..</font></p> <table style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none; mso-table-layout-alt: fixed; mso-border-alt: solid windowtext .5pt; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-border-insideh: .5pt solid windowtext; mso-border-insidev: .5pt solid windowtext" class="MsoNormalTable" border="1" cellspacing="0" cellpadding="0"> <tbody> <tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 36.9pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt" valign="top" width="49"> <p style="TEXT-ALIGN: left; MARGIN: 0in -0.9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="left"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Item No.</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 220.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="294"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Particulars</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 58.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="78"> <p style="MARGIN: 0in -0.75pt 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Amount of sub-items</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 0.75in; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="72"> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Amount of main items</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 81.9pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="109"> <p style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Remarks</span></p></td></tr> <tr style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 109.8pt; mso-yfti-irow: 1"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 36.9pt; PADDING-RIGHT: 5.4pt; HEIGHT: 109.8pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" rowspan="2" width="49"> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">*1</span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">2.</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 220.5pt; PADDING-RIGHT: 5.4pt; HEIGHT: 109.8pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" rowspan="2" width="294"> <p style="MARGIN: 0in -5.4pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Net Profit show in the Profit and Loss Account after making usual and necessary provisions.</span></p> <p style="MARGIN: 0in -5.4pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Add back provision for:</span></p> <p style="TEXT-INDENT: -18.6pt; MARGIN: 0in 9pt 0pt 36.6pt; tab-stops: 27.0pt list 36.6pt; mso-list: l7 level1 lfo12" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(a)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Bonus to employees.</span></p> <p style="TEXT-INDENT: -18.6pt; MARGIN: 0in 9pt 0pt 36.6pt; tab-stops: 27.0pt list 36.6pt; mso-list: l7 level1 lfo12" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(b)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Depreciation</span></p> <p style="TEXT-INDENT: -18.6pt; MARGIN: 0in 9pt 0pt 36.6pt; tab-stops: 27.0pt list 36.6pt; mso-list: l7 level1 lfo12" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(c)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Development Rebate Reserve.</span></p> <p style="TEXT-INDENT: -18.6pt; MARGIN: 0in 9pt 0pt 36.6pt; tab-stops: 27.0pt list 36.6pt; mso-list: l7 level1 lfo12" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(d)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Any other reserves.</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span>Total of Item No. 2<span style="mso-spacerun: yes"> </span></span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 58.5pt; PADDING-RIGHT: 5.4pt; HEIGHT: 109.8pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="78"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Rs.</span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 0.75in; PADDING-RIGHT: 5.4pt; HEIGHT: 109.8pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" rowspan="2" width="72"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Rs.</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 81.9pt; PADDING-RIGHT: 5.4pt; HEIGHT: 109.8pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" rowspan="2" width="109"> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">See foot-note (1)</span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">See foot-note (1)</span></p></td></tr> <tr style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 20.65pt; mso-yfti-irow: 2; mso-yfti-lastrow: yes; mso-height-rule: exactly"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 58.5pt; PADDING-RIGHT: 5.4pt; HEIGHT: 20.65pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; mso-height-rule: exactly" valign="top" width="78"> <div style="BORDER-BOTTOM: windowtext 1.5pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; MARGIN-LEFT: -5.4pt; BORDER-TOP: medium none; MARGIN-RIGHT: -5.4pt; BORDER-RIGHT: medium none; PADDING-TOP: 0in; mso-element: para-border-div"> <p style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in; mso-padding-alt: 0in 0in 1.0pt 0in; mso-border-bottom-alt: solid windowtext 1.5pt" class="MsoBodyText" align="left"> <span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Rs.</span></p></div> <p style="TEXT-ALIGN: left; MARGIN: 0in -5.4pt 0pt" class="MsoBodyText" align="left"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: left; MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText" align="left"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p></td></tr></tbody></table> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><font size="3"> </font></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><font size="3"> </font></p> <table style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none; mso-table-layout-alt: fixed; mso-border-alt: solid windowtext .5pt; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-border-insideh: .5pt solid windowtext; mso-border-insidev: .5pt solid windowtext" class="MsoNormalTable" border="1" cellspacing="0" cellpadding="0"> <tbody> <tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 36.9pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt" valign="top" width="49"> <p style="TEXT-ALIGN: left; MARGIN: 0in -0.9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="left"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Item No.</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 220.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="294"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Particulars</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 58.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="78"> <p style="MARGIN: 0in -0.75pt 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Amount of sub-items</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 0.75in; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="72"> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Amount of main items</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 81.9pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="109"> <p style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Remarks</span></p></td></tr> <tr style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 109.8pt; mso-yfti-irow: 1; mso-yfti-lastrow: yes"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 36.9pt; PADDING-RIGHT: 5.4pt; HEIGHT: 109.8pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="49"> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">3.</span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">4. </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">5. </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">6.</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 220.5pt; PADDING-RIGHT: 5.4pt; HEIGHT: 109.8pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="294"> <p style="TEXT-INDENT: 0.9pt; MARGIN: 0in -5.4pt 0pt -0.9pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Add back also:</span></p> <p style="TEXT-INDENT: 0.9pt; MARGIN: 0in -0.9pt 0pt; tab-stops: 27.0pt list 37.8pt; mso-list: l11 level1 lfo13" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(a)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Bonus paid to employees in respect of previous accounting years.</span></p> <p style="TEXT-INDENT: 0.9pt; MARGIN: 0in -0.9pt 0pt; tab-stops: 27.0pt list 37.8pt; mso-list: l11 level1 lfo13" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(b)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">The amount debited in respect of gratuity paid or payable to employees in excess of the aggregate of –</span></p> <p style="TEXT-INDENT: 0.9pt; MARGIN: 0in -0.9pt 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span>(i) the amount , if any, paid to, or provided for payment to, an approved gratuity fund;<span style="mso-spacerun: yes"> </span>and </span></p> <p style="TEXT-INDENT: 0.9pt; MARGIN: 0in -0.9pt 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(ii) the amount actually paid to employees on their retirement or on termination of their employment for any reason.</span></p> <p style="TEXT-INDENT: 0.9pt; MARGIN: 0in -0.9pt 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span>(c) Donations in excess of the amount admissible for income- tax.<span style="mso-spacerun: yes"> </span></span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(d)<span style="mso-spacerun: yes"> </span>Capital expenditure (other than capital expenditure on scientific research which is allowed as a deduction under any law for the time being in force relating to direct taxes) and capital losses (other than losses on sale of capital assets on which depreciation has been allowed for income-tax).</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(e) Any amount certified by the Reserve Bank of India in terms of sub-section (2) of section 34A of the Banking Regulation Act, 1949 (10 of 1949)</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(f) Loses of, or expenditure relating to, any business situated outside India</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span>Total of Item No. 3</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Add also income, profits or gains(if any) credited directly to published or disclosed reserves, other than—</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(i) capital receipts and capital profits (including profits on the sale of capital assets on which depreciation has not been allowed for income-tax);</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(ii) profits of, and receipts relating to, any business situated outside India;</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(iii) income of foreign banking companies from investment outside India.</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span>Net Total of Item No. 4……</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Total of Item Nos. 1,2.3 and 4 </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Deduct:</span></p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 9pt 0pt 0.5in; tab-stops: 27.0pt list .5in; mso-list: l18 level1 lfo15" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(a)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Capital receipts and capital profits (other than profits on the sale of assets on which depreciation has been allowed for income-tax</span></p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 9pt 0pt 0.5in; tab-stops: 27.0pt list .5in; mso-list: l18 level1 lfo15" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(b)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Profits of, and receipts relating to, any business situated outside India.</span></p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 9pt 0pt 0.5in; tab-stops: 27.0pt list .5in; mso-list: l18 level1 lfo15" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(c)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Income of foreign banking companies from investments outside India</span></p> </td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 58.5pt; PADDING-RIGHT: 5.4pt; HEIGHT: 109.8pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="78"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Rs.</span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <div style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; MARGIN-LEFT: -5.4pt; BORDER-TOP: medium none; MARGIN-RIGHT: -5.4pt; BORDER-RIGHT: medium none; PADDING-TOP: 0in; mso-element: para-border-div; mso-border-bottom-alt: solid windowtext .75pt"> <p style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; TEXT-INDENT: 5.4pt; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in; tab-stops: 27.0pt; mso-padding-alt: 0in 0in 1.0pt 0in; mso-border-bottom-alt: solid windowtext .75pt" class="MsoBodyText" align="center"> <span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p></div> <p style="TEXT-ALIGN: center; TEXT-INDENT: 5.4pt; MARGIN: 0in -5.4pt 0pt; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <div style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; MARGIN-LEFT: -5.4pt; BORDER-TOP: windowtext 1pt solid; MARGIN-RIGHT: -5.4pt; BORDER-RIGHT: medium none; PADDING-TOP: 1pt; mso-border-top-alt: solid windowtext .75pt; mso-element: para-border-div; mso-border-bottom-alt: solid windowtext .75pt"> <p style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in; tab-stops: 27.0pt; mso-padding-alt: 1.0pt 0in 1.0pt 0in; mso-border-top-alt: solid windowtext .75pt; mso-border-bottom-alt: solid windowtext .75pt" class="MsoBodyText"> <span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Rs. </span></p></div> <p style="MARGIN: 0in -5.4pt 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <div style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; MARGIN-LEFT: -5.4pt; BORDER-TOP: windowtext 1pt solid; MARGIN-RIGHT: -5.4pt; BORDER-RIGHT: medium none; PADDING-TOP: 1pt; mso-border-top-alt: solid windowtext .75pt; mso-element: para-border-div; mso-border-bottom-alt: solid windowtext .75pt"> <p style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in; tab-stops: 27.0pt; mso-padding-alt: 1.0pt 0in 1.0pt 0in; mso-border-top-alt: solid windowtext .75pt; mso-border-bottom-alt: solid windowtext .75pt" class="MsoBodyText"> <span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Rs.</span></p></div> <div style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; MARGIN-LEFT: -5.4pt; BORDER-TOP: medium none; MARGIN-RIGHT: -5.4pt; BORDER-RIGHT: medium none; PADDING-TOP: 0in; mso-element: para-border-div; mso-border-bottom-alt: solid windowtext .75pt"> <p style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in; tab-stops: 27.0pt; mso-padding-alt: 0in 0in 1.0pt 0in; mso-border-bottom-alt: solid windowtext .75pt; mso-border-between: .75pt solid windowtext; mso-padding-between: 1.0pt" class="MsoBodyText"> <span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p></div> <p style="MARGIN: 0in -5.4pt 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Rs. </span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 0.75in; PADDING-RIGHT: 5.4pt; HEIGHT: 109.8pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="72"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Rs.</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 81.9pt; PADDING-RIGHT: 5.4pt; HEIGHT: 109.8pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="109"> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">See foot-note (1)</span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">See foot-note (1)</span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">See foot-note (1)</span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">See foot-note (1)</span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">See foot-note (1)</span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">See foot-note (1)</span></p></td></tr></tbody></table> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><font size="3"> </font></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><font size="3"> </font></p> <table style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none; mso-border-alt: solid windowtext .5pt; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-border-insideh: .5pt solid windowtext; mso-border-insidev: .5pt solid windowtext" class="MsoNormalTable" border="1" cellspacing="0" cellpadding="0"> <tbody> <tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 39.25pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt" valign="top" width="52"> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Item No.</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 218.15pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="291"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Particulars</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 58.2pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="78"> <p style="MARGIN: 0in -5.7pt 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Amount of sub-items</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 54.3pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="72"> <p style="TEXT-ALIGN: right; MARGIN: 0in -5.4pt 0pt -5.1pt; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Amount of main items</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 81.9pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="109"> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Remarks</span></p></td></tr> <tr style="mso-yfti-irow: 1; mso-yfti-lastrow: yes"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 39.25pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="52"> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"> </p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 218.15pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="291"> <p style="MARGIN: 0in 0in 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(d) Expenditure or losses (if any debited directly to published or disclosed reserves, other than-</span></p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; tab-stops: 27.0pt list .5in; mso-list: l5 level1 lfo16" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(i)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span><span style="mso-spacerun: yes"> </span>capital expenditure and capital losses (other than losses on sale of capital assets on which depreciation has not been allowed for income-tax.)</span></p> <p style="TEXT-INDENT: -19.25pt; MARGIN: 0in 0in 0pt 37.25pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(ii) Losses of any business situated<span style="mso-spacerun: yes"> </span>outside India.</span></p> <p style="TEXT-INDENT: -1.25pt; MARGIN: 0in 0in 0pt 1.25pt; tab-stops: 1.25pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(e) In the case of foreign banking companies proportionate administrative (overhead) expenses of head Office allocable o Indian business.</span></p> <p style="TEXT-INDENT: -1.25pt; MARGIN: 0in 0in 0pt 1.25pt; tab-stops: 1.25pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(f) Refund of any excess direct tax paid for previous accounting years and excess provision, if any, of previous accounting years, relating to bonus, depreciation, or development rebate, if written back.</span></p> <p style="TEXT-INDENT: -1.25pt; MARGIN: 0in 0in 0pt 1.25pt; tab-stops: 1.25pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(g) Cash subsidy, if any, given by the Government or by any body corporate established by any law for the time being in force or by any other agency through budgetary grants, whether given directly or though any agency for specified purposes and the proceeds of which are reserved for such purposes.</span></p> <p style="TEXT-INDENT: -1.25pt; MARGIN: 0in 0in 0pt 1.25pt; tab-stops: 1.25pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span>Total of Item No. 6……</span></p> <p style="TEXT-INDENT: -1.25pt; MARGIN: 0in 0in 0pt 1.25pt; tab-stops: 1.25pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">7. Gross Profits for purposes of bonus</span></p> <p style="TEXT-INDENT: -1.25pt; MARGIN: 0in 0in 0pt 1.25pt; tab-stops: 1.25pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(Item No. 5 minus Item No. 6) </span></p> <p style="TEXT-INDENT: -1.25pt; MARGIN: 0in 0in 0pt 1.25pt; tab-stops: 1.25pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 58.2pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="78"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Rs.</span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <div style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; MARGIN-LEFT: -5.4pt; BORDER-TOP: medium none; MARGIN-RIGHT: -5.7pt; BORDER-RIGHT: medium none; PADDING-TOP: 0in; mso-element: para-border-div; mso-border-bottom-alt: solid windowtext .75pt"> <p style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in; tab-stops: 27.0pt; mso-padding-alt: 0in 0in 1.0pt 0in; mso-border-bottom-alt: solid windowtext .75pt" class="MsoBodyText" align="center"> <span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p></div> <p style="TEXT-ALIGN: left; MARGIN: 0in -5.7pt 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="left"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Rs. </span></p> <p style="TEXT-ALIGN: left; MARGIN: 0in -5.7pt 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="left"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">-----------------</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 54.3pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="72"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Rs.</span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in -5.4pt 0pt -5.1pt; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">---------------</span></p> <p style="TEXT-ALIGN: left; MARGIN: 0in -5.4pt 0pt -5.1pt; tab-stops: 27.0pt" class="MsoBodyText" align="left"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Rs. </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in -5.4pt 0pt -5.1pt; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">----------------</span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 81.9pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="109"> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"> </p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"> </p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"> </p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"> </p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"> </p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"> </p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"> </p> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">See foot-note (1)</span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">See foot-note (1)</span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">See foot-note (1)</span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"> </p></td></tr></tbody></table> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><i style="mso-bidi-font-style: normal"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Explanation</span></i><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">- In sub-item (b) of item 3, 'approved gratuity fund' has the same meaning assigned to it in clause (5) of section 2 of the Income-Tax Act.</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></b></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Foot-Note:</span></b><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> (1) If, and to the extent charged to Profit and Loss Account. </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(2) If, and to the extend, credited to Profit and Loss Account.</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(3) In the proportion of India Gross Profit (Item No.7) to Total World Gross Profit (as per Consolidated Profit and Loss Account adjusted as in Item No. 2 above Only).</span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></b></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></b></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></b></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></b></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></b></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></b></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></b></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></b></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></b></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></b></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></b></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></b></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></b></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></b></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></b></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></b></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><a style="mso-footnote-id: ftn50" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn50" name="_ftnref50"><span class="MsoFootnoteReference"><font size="3">1</font></span></a><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">[THE SECOND SCHEDULE]</span></b></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><a style="mso-footnote-id: ftn51" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn51" name="_ftnref51"><span class="MsoFootnoteReference"><font size="3">2</font></span></a><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">[See section 4(a)]</span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">COMPUTATION OF GROSS PROFITS</span></b></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Accounting year ending</span><font size="3">……………..</font></p> <table style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none; mso-table-layout-alt: fixed; mso-border-alt: solid windowtext .5pt; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-border-insideh: .5pt solid windowtext; mso-border-insidev: .5pt solid windowtext" class="MsoNormalTable" border="1" cellspacing="0" cellpadding="0"> <tbody> <tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 36.9pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt" valign="top" width="49"> <p style="TEXT-ALIGN: left; MARGIN: 0in -0.9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="left"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Item No.</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 220.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="294"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Particulars</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 58.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="78"> <p style="MARGIN: 0in -0.75pt 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Amount of sub-items</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 0.75in; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="72"> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Amount of main items</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 81.9pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="109"> <p style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Remarks</span></p></td></tr> <tr style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 489.75pt; mso-yfti-irow: 1; mso-height-rule: exactly"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 36.9pt; PADDING-RIGHT: 5.4pt; HEIGHT: 489.75pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; mso-height-rule: exactly" valign="top" width="49"> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">1.</span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">2.</span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">3.</span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 220.5pt; PADDING-RIGHT: 5.4pt; HEIGHT: 489.75pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; mso-height-rule: exactly" valign="top" width="294"> <p style="MARGIN: 0in -5.4pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Net Profit as per Profit and Loss Account.</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Add back provision for:</span></p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 9pt 0pt 0.5in; tab-stops: 27.0pt list .5in; mso-list: l24 level1 lfo17" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(a)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Bonus to employees.</span></p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 9pt 0pt 0.5in; tab-stops: 27.0pt list .5in; mso-list: l24 level1 lfo17" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(b)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Depreciation</span></p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 9pt 0pt 0.5in; tab-stops: 27.0pt list .5in; mso-list: l24 level1 lfo17" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(c)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Direct taxes, including the provision (if any) for previous accounting years.</span></p> <p style="MARGIN: 0in 9pt 0pt 0.25in; tab-stops: 27.0pt" class="MsoBodyText"><a style="mso-footnote-id: ftn52" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn52" name="_ftnref52"><span class="MsoFootnoteReference">3</span></a><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">[(d)Development Rebate/Investment allowance/Development Allowance reserve.</span></p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 9pt 0pt 0.5in; tab-stops: 27.0pt list .5in; mso-list: l24 level1 lfo17" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(d)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Any other reserves.</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span>Total of Item No. 2<span style="mso-spacerun: yes"> </span></span></p> <p style="TEXT-INDENT: 0.9pt; MARGIN: 0in -5.4pt 0pt -0.9pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Add back also:</span></p> <p style="TEXT-INDENT: 0in; MARGIN: 0in -0.9pt 0pt; tab-stops: list 17.1pt left 27.0pt; mso-list: l26 level1 lfo18" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(a)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Bonus paid to employees in respect of previous accounting years.</span></p> <p style="MARGIN: 0in -0.9pt 0pt; tab-stops: 27.0pt" class="MsoBodyText"><a style="mso-footnote-id: ftn53" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn53" name="_ftnref53"><span class="MsoFootnoteReference">4</span></a><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">[(aa)The amount debited in respect of gratuity paid or payable to employees in excess of the aggregate of –</span></p> <p style="TEXT-INDENT: 0.9pt; MARGIN: 0in -0.9pt 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span>(i) the amount , if any, paid to, or provided for payment to, an approved gratuity fund;<span style="mso-spacerun: yes"> </span>and </span></p> <p style="TEXT-INDENT: 0.9pt; MARGIN: 0in -0.9pt 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span>(ii) the amount actually paid to employees on their retirement or on termination of their employment for any reason].</span></p> <p style="TEXT-INDENT: -0.9pt; MARGIN: 0in -0.9pt 0pt 0in; tab-stops: list 0in left 27.0pt; mso-list: l26 level1 lfo18" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(b)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Donations in excess of the amount admissible for income- tax.<span style="mso-spacerun: yes"> </span></span></p> <p style="TEXT-INDENT: -0.9pt; MARGIN: 0in -0.9pt 0pt 0in; tab-stops: list 12.6pt left 27.0pt; mso-list: l26 level1 lfo18" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(c)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span>Any annuity due, or commuted value of any annuity paid, under the provisions of section 280D of the Income-tax during the accounting year.</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(d)<span style="mso-spacerun: yes"> </span>Capital expenditure (other than capital expenditure on scientific research which is allowed as a deduction under any law for the time being in force relating to direct taxes) and capital losses (other than losses on sale of capital assets on which depreciation has been allowed for income-tax).</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(e) Losses of, or expenditure relating to, any business situated outside India.</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span>Total of Item No. 3 </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(f) Loses of, or expenditure relating to, any business situated outside India</span></p> <p style="MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span>Total of Item No. 3 </span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 58.5pt; PADDING-RIGHT: 5.4pt; HEIGHT: 489.75pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; mso-height-rule: exactly" valign="top" width="78"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Rs.</span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in -5.4pt 0pt; tab-stops: 27.0pt 47.7pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">-----------------</span></p> <p style="TEXT-ALIGN: left; MARGIN: 0in 9pt 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="left"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Rs</span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in -5.4pt 0pt; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">-----------------</span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; TEXT-INDENT: 5.4pt; MARGIN: 0in -5.4pt 0pt; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <div style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; MARGIN-LEFT: -5.4pt; BORDER-TOP: windowtext 1pt solid; MARGIN-RIGHT: -5.4pt; BORDER-RIGHT: medium none; PADDING-TOP: 1pt; mso-border-top-alt: solid windowtext .75pt; mso-element: para-border-div; mso-border-bottom-alt: solid windowtext .75pt"> <p style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in; tab-stops: 27.0pt; mso-padding-alt: 1.0pt 0in 1.0pt 0in; mso-border-top-alt: solid windowtext .75pt; mso-border-bottom-alt: solid windowtext .75pt" class="MsoBodyText"> <span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Rs. </span></p></div> <p style="MARGIN: 0in -5.4pt 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 0.75in; PADDING-RIGHT: 5.4pt; HEIGHT: 489.75pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; mso-height-rule: exactly" valign="top" width="72"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Rs.</span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span></span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 81.9pt; PADDING-RIGHT: 5.4pt; HEIGHT: 489.75pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; mso-height-rule: exactly" valign="top" width="109"> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">See foot-note (1)</span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">See foot-note (1)</span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">See foot-note (1)</span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">See foot-note (1)</span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p></td></tr> <tr style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.3in; mso-yfti-irow: 2"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 36.9pt; PADDING-RIGHT: 5.4pt; HEIGHT: 0.3in; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="49"> <p style="TEXT-ALIGN: center; MARGIN: 0in -5.4pt 0pt -4.5pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Item No. </span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 220.5pt; PADDING-RIGHT: 5.4pt; HEIGHT: 0.3in; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="294"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Particulars</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 58.5pt; PADDING-RIGHT: 5.4pt; HEIGHT: 0.3in; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="78"> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Amount of sub-items</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 0.75in; PADDING-RIGHT: 5.4pt; HEIGHT: 0.3in; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="72"> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Amount of main items</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 81.9pt; PADDING-RIGHT: 5.4pt; HEIGHT: 0.3in; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="109"> <p style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Remarks</span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p></td></tr> <tr style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 276.6pt; mso-yfti-irow: 3; mso-yfti-lastrow: yes"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 36.9pt; PADDING-RIGHT: 5.4pt; HEIGHT: 276.6pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="49"> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">4. </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">5. </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">6.</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 220.5pt; PADDING-RIGHT: 5.4pt; HEIGHT: 276.6pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="294"> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Add also income, profits or gains(if any) credited directly to published or disclosed reserves, other than—</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(i) capital receipts and capital profits (including profits on the sale of capital assets on which depreciation has not been allowed for income-tax or agricultural Income-Tax);</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(ii) profits of, and receipts relating to, any business situated outside India;</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(iii) income of foreign concerns from investment outside India.</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span>Net Total of Item No. 4……</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Total of Item Nos. 1,2.3 and 4 </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Deduct:</span></p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 9pt 0pt 17.1pt; tab-stops: list 17.1pt left 27.0pt; mso-list: l9 level1 lfo19" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(a)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Capital receipts and capital profits (other than profits on the sale of assets on which depreciation has been allowed for income-tax or agricultural income-tax)</span></p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 9pt 0pt 17.1pt; tab-stops: list 17.1pt left 27.0pt; mso-list: l9 level1 lfo19" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(b)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Profits of, and receipts relating to, any business situated outside India.</span></p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 9pt 0pt 17.1pt; tab-stops: list 17.1pt left 27.0pt 418.5pt 436.5pt; mso-list: l9 level1 lfo19" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(c)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Income of foreign concerns from investments outside India</span></p> <p style="MARGIN: 0in 0in 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(d) Expenditure or losses (if any debited directly to published or disclosed reserves, other than-</span></p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 17.1pt; tab-stops: list 17.1pt left 27.0pt; mso-list: l14 level1 lfo20" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(i)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span>capital expenditure and capital losses (other than losses on sale of capital assets on which depreciation has not been allowed for income-tax.)</span></p> <p style="MARGIN: 0in 0in 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(ii) Losses of any business situated<span style="mso-spacerun: yes"> </span>outside India.</span></p> <p style="TEXT-INDENT: -1.25pt; MARGIN: 0in 0in 0pt 1.25pt; tab-stops: 1.25pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(e) In the case of foreign banking companies proportionate administrative (overhead) expenses of head Office allocable to Indian business.</span></p> <p style="TEXT-INDENT: -1.25pt; MARGIN: 0in 0in 0pt 1.25pt; tab-stops: 1.25pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(f) Refund of any direct tax paid for previous accounting years and excess provision, if any, of previous accounting years, relating to bonus, depreciation, taxation or development rebate or development allowance, if written back.</span></p> <p style="TEXT-INDENT: -1.25pt; MARGIN: 0in 0in 0pt 1.25pt; tab-stops: 1.25pt" class="MsoBodyText"><a style="mso-footnote-id: ftn54" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn54" name="_ftnref54"><span class="MsoFootnoteReference">1</span></a><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">[(g) Cash subsidy, if any, given by the Government or by any body corporate established by any law for the time being in force or by any other agency through budgetary grants, whether given directly or though any agency for specified purposes and the proceeds of which are reserved for such purposes].</span></p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 9pt 0pt 17.1pt; tab-stops: list 17.1pt left 27.0pt 418.5pt 436.5pt; mso-list: l14 level1 lfo20" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(j)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span>Total of Item No. 6……</span></p> </td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 58.5pt; PADDING-RIGHT: 5.4pt; HEIGHT: 276.6pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="78"> <p style="MARGIN: 0in -5.4pt 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <div style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; MARGIN-LEFT: -5.4pt; BORDER-TOP: windowtext 1pt solid; MARGIN-RIGHT: -5.4pt; BORDER-RIGHT: medium none; PADDING-TOP: 1pt; mso-border-top-alt: solid windowtext .75pt; mso-element: para-border-div; mso-border-bottom-alt: solid windowtext .75pt"> <p style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in; tab-stops: 27.0pt; mso-padding-alt: 1.0pt 0in 1.0pt 0in; mso-border-top-alt: solid windowtext .75pt; mso-border-bottom-alt: solid windowtext .75pt" class="MsoBodyText"> <span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Rs.</span></p></div> <div style="BORDER-BOTTOM: windowtext 1.5pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; MARGIN-LEFT: -5.4pt; BORDER-TOP: medium none; MARGIN-RIGHT: -5.4pt; BORDER-RIGHT: medium none; PADDING-TOP: 0in; mso-element: para-border-div"> <p style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in; mso-padding-alt: 0in 0in 1.0pt 0in; mso-border-bottom-alt: solid windowtext 1.5pt" class="MsoBodyText"> <span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Rs</span></p></div> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <div style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; MARGIN-LEFT: -5.4pt; BORDER-TOP: medium none; MARGIN-RIGHT: -5.4pt; BORDER-RIGHT: medium none; PADDING-TOP: 0in; mso-element: para-border-div; mso-border-bottom-alt: solid windowtext .75pt"> <p style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in; mso-padding-alt: 0in 0in 1.0pt 0in; mso-border-bottom-alt: solid windowtext .75pt" class="MsoBodyText"> <span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in; mso-padding-alt: 0in 0in 1.0pt 0in; mso-border-bottom-alt: solid windowtext .75pt" class="MsoBodyText"> <span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in; mso-padding-alt: 0in 0in 1.0pt 0in; mso-border-bottom-alt: solid windowtext .75pt" class="MsoBodyText"> <span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in; mso-padding-alt: 0in 0in 1.0pt 0in; mso-border-bottom-alt: solid windowtext .75pt" class="MsoBodyText"> <span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in; mso-padding-alt: 0in 0in 1.0pt 0in; mso-border-bottom-alt: solid windowtext .75pt" class="MsoBodyText"> <span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in; mso-padding-alt: 0in 0in 1.0pt 0in; mso-border-bottom-alt: solid windowtext .75pt" class="MsoBodyText"> <span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p></div> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Rs.</span></p> <p style="MARGIN: 0in -5.4pt 0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">----------------- </span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 0.75in; PADDING-RIGHT: 5.4pt; HEIGHT: 276.6pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="72"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 81.9pt; PADDING-RIGHT: 5.4pt; HEIGHT: 276.6pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="109"> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">See foot-note (2)</span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">See foot-note (2)</span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">See foot-note (2)</span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">See foot-note (3)</span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 0in 0pt -5.4pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">See foot-note (2)</span></p></td></tr></tbody></table> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><font size="3"> </font></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><font size="3"> </font></p> <table style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none; mso-border-alt: solid windowtext .5pt; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-border-insideh: .5pt solid windowtext; mso-border-insidev: .5pt solid windowtext" class="MsoNormalTable" border="1" cellspacing="0" cellpadding="0"> <tbody> <tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 39.25pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt" valign="top" width="52"> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Item No.</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 218.15pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="291"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Particulars</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 58.2pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="78"> <p style="MARGIN: 0in -5.7pt 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Amount of sub-items</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 54.3pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="72"> <p style="TEXT-ALIGN: right; MARGIN: 0in -5.4pt 0pt -5.1pt; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Amount of main items</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 81.9pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="109"> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Remarks</span></p></td></tr> <tr style="HEIGHT: 52.95pt; mso-yfti-irow: 1; mso-yfti-lastrow: yes; mso-height-rule: exactly"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 39.25pt; PADDING-RIGHT: 5.4pt; HEIGHT: 52.95pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; mso-height-rule: exactly" valign="top" width="52"> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right">7. </p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 218.15pt; PADDING-RIGHT: 5.4pt; HEIGHT: 52.95pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; mso-height-rule: exactly" valign="top" width="291"> <p style="TEXT-INDENT: -1.25pt; MARGIN: 0in 0in 0pt 1.25pt; tab-stops: 1.25pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Gross Profits for purposes of bonus</span></p> <p style="TEXT-INDENT: -1.25pt; MARGIN: 0in 0in 0pt 1.25pt; tab-stops: 1.25pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(Item No. 5 minus Item No. 6) </span></p> <p style="TEXT-INDENT: -1.25pt; MARGIN: 0in 0in 0pt 1.25pt; tab-stops: 1.25pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-INDENT: -1.25pt; MARGIN: 0in 0in 0pt 1.25pt; tab-stops: 1.25pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 58.2pt; PADDING-RIGHT: 5.4pt; HEIGHT: 52.95pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; mso-height-rule: exactly" valign="top" width="78"> <p style="MARGIN: 0in -5.7pt 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">-----------------</span></p> <p style="TEXT-ALIGN: left; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="left"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Rs.</span></p> <p style="TEXT-ALIGN: left; MARGIN: 0in -5.7pt 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="left"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">-----------------</span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: left; MARGIN: 0in -5.7pt 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="left"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 54.3pt; PADDING-RIGHT: 5.4pt; HEIGHT: 52.95pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; mso-height-rule: exactly" valign="top" width="72"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span>.</span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 81.9pt; PADDING-RIGHT: 5.4pt; HEIGHT: 52.95pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; mso-height-rule: exactly" valign="top" width="109"> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"> </p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"> </p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"> </p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"> </p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"> </p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"> </p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"> </p> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span></span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span></span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt -5.4pt; tab-stops: 27.0pt" class="MsoBodyText" align="right"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span></span></p> <p style="TEXT-ALIGN: right; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="right"> </p></td></tr></tbody></table> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><a style="mso-footnote-id: ftn55" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn55" name="_ftnref55"><span class="MsoFootnoteReference"><font size="3">2</font></span></a><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">[<i style="mso-bidi-font-style: normal">Explanation</i>- In sub-item (aa) of item 3, 'approved gratuity fund' has the same meaning assigned to it in clause (5) of section 2 of the Income-Tax Act.]</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></b></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Foot-Notes:</span></b><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> (1) If, and to the extent charged to Profit and Loss Account.</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(2) If, and to the extend, credited to Profit and Loss Account.</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(3) In the proportion of India Gross Profit (Item No.7) to Total World Gross Profit (as per Consolidated Profit and Loss Account adjusted as in Item No. 2 above only).</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></b></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></b></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></b></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><a style="mso-footnote-id: ftn56" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn56" name="_ftnref56"><span class="MsoFootnoteReference"><font size="3">3</font></span></a><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">[THE THRID SCHEDULE</span></b></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">[ See section 6(d)]</span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <table style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none; mso-border-alt: solid windowtext .5pt; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-border-insideh: .5pt solid windowtext; mso-border-insidev: .5pt solid windowtext" class="MsoNormalTable" border="1" cellspacing="0" cellpadding="0"> <tbody> <tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 41.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt" valign="top" width="55"> <p style="MARGIN: 0in -5.4pt 0pt -4.5pt; tab-stops: 40.5pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">tem No. </span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 1.75in; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="168"> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Category of employer</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 3.95in; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="379"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Further sums to be deducted</span></p></td></tr> <tr style="mso-yfti-irow: 1"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 41.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="55"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(1)</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 1.75in; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="168"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(2)</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 3.95in; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="379"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(3)</span></p></td></tr> <tr style="mso-yfti-irow: 2; mso-yfti-lastrow: yes"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 41.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="55"> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">1.</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 1.75in; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="168"> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><a style="mso-footnote-id: ftn57" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn57" name="_ftnref57"><span class="MsoFootnoteReference">4</span></a><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">[Company, other than a banking company]</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 3.95in; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="379"> <p style="TEXT-INDENT: -31.5pt; MARGIN: 0in 0in 0pt 26.1pt; tab-stops: list 26.1pt; mso-list: l8 level1 lfo22" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(i)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">The dividends payable on its preference share capital for the accounting year calculated at the actual rate at which such dividends are payable;</span></p> <p style="TEXT-INDENT: -31.5pt; MARGIN: 0in 0in 0pt 26.1pt; tab-stops: list 26.1pt; mso-list: l8 level1 lfo22" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(ii)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">8.5 per cent of its paid up equity share capital as at the commencement of the accounting year;</span></p> <p style="TEXT-INDENT: -31.5pt; MARGIN: 0in 0in 0pt 26.1pt; tab-stops: list 26.1pt; mso-list: l8 level1 lfo22" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(iii)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">6 per cent of its reserves shown in its balance-sheet as at the commencement of the accounting year, including any profits carried forward from the previous accounting year.</span></p> <p style="MARGIN: 0in 0in 0pt 26.1pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span>Provided that where the employer is a foreign company within the meaning of section 591 of the Companies Act, 1956 (1 of 1956), the total amount to be deducted under this Item shall be 8.5 per cent<span style="mso-spacerun: yes"> </span>on the aggregate of the value of the net fixed assets and the current assets of their company in India after deducting the amount of its current liabilities (other than<span style="mso-spacerun: yes"> </span>any amount shown as payable by the company to its Head Office whether towards any advance made by the Head Office or otherwise or any interest paid by the company to its Head Office) in India.</span></p> <p style="MARGIN: 0in 9pt 0pt 0.25in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p></td></tr></tbody></table> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <table style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none; mso-border-alt: solid windowtext .5pt; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-border-insideh: .5pt solid windowtext; mso-border-insidev: .5pt solid windowtext" class="MsoNormalTable" border="1" cellspacing="0" cellpadding="0"> <tbody> <tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 36.9pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt" valign="top" width="49"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">1</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 130.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="174"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">2</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 3.95in; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="379"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">3</span></p></td></tr> <tr style="mso-yfti-irow: 1; mso-yfti-lastrow: yes"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 36.9pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="49"> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><a style="mso-footnote-id: ftn58" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn58" name="_ftnref58"><span class="MsoFootnoteReference">1</span></a><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">[2</span></p> </td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 130.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="174"> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Banking company</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 3.95in; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="379"> <p style="TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0pt 30.6pt; tab-stops: list 30.6pt; mso-list: l25 level1 lfo23" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(i)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">The dividends payable on its preference share capital for the accounting year calculated at the rate at which such dividends are payable;</span></p> <p style="TEXT-INDENT: -31.5pt; MARGIN: 0in 0in 0pt 26.1pt; tab-stops: list 30.6pt; mso-list: l25 level1 lfo23" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(ii)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">7.5 per cent of its paid up equity share capital as at the commencement of the accounting year;</span></p> <p style="TEXT-INDENT: -31.5pt; MARGIN: 0in 0in 0pt 26.1pt; tab-stops: list 30.6pt; mso-list: l25 level1 lfo23" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(iii)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">5 per cent of its reserves shown in its balance-sheet as at the commencement of the accounting year, including any profits carried forward from the previous accounting year.</span></p> <p style="TEXT-INDENT: -31.5pt; MARGIN: 0in 0in 0pt 26.1pt; tab-stops: list 30.6pt; mso-list: l25 level1 lfo23" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(iv)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">any sum which in respect of the accounting year, is transferred by it-</span></p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 48.6pt; tab-stops: list 48.6pt; mso-list: l25 level2 lfo23" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(a)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">to a reserve fund under sub-section (1) of section 17 of the Banking Regulation Act, 1949 (10 of 1949); or </span></p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 48.6pt; tab-stops: list 48.6pt; mso-list: l25 level2 lfo23" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(b)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">to any reserves in India in pursuance of any direction or advise given by the Reserve bank of India.</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span><span style="mso-spacerun: yes"> </span>Whichever is higher:</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span>Provided that where the banking company is a foreign company within the meaning of section 591 of the Companies Act, 1956 (1 of 1956), the amount to be deducted under this Item shall be aggregate of-</span></p> <p style="TEXT-INDENT: -31.5pt; MARGIN: 0in 0in 0pt 26.1pt; tab-stops: list 26.1pt; mso-list: l19 level1 lfo24" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(i)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">the dividends payable on its preference shareholders<span style="mso-spacerun: yes"> </span>for the accounting year at the rate at which such dividends are payable on such amount as bears the same proportion to its total preference share capital as its total working funds in India bear to its total world working funds. ;</span></p> <p style="TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0pt 26.1pt; tab-stops: list 26.1pt; mso-list: l19 level1 lfo24" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(ii)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">7.5 per cent of such amount as bears the same proportion to its total paid up equity share capital as its total working funds in India bear to its total working funds in India bear to its total world working funds;</span></p> <p style="TEXT-INDENT: -31.5pt; MARGIN: 0in 0in 0pt 26.1pt; tab-stops: list 26.1pt; mso-list: l19 level1 lfo24" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(iii)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">5 per cent of such amount as bears the same proportion to its total disclosed reserves as its total working funds in India bear to its total world working funds; </span></p> <p style="TEXT-INDENT: -31.5pt; MARGIN: 0in 0in 0pt 26.1pt; tab-stops: list 26.1pt; mso-list: l19 level1 lfo24" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(iv)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">any sum which, in respect of the accounting year, is deposited by it with the Reserve Bank of India under sub-clause (ii) of clause (b) of sub-section (2) of section 11 of the Banking Regulation Act, 1949 (10 of 1949), not exceeding the amount required under the aforesaid provision to be so deposited.]</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p></td></tr></tbody></table> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <table style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none; mso-border-alt: solid windowtext .5pt; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-border-insideh: .5pt solid windowtext; mso-border-insidev: .5pt solid windowtext" class="MsoNormalTable" border="1" cellspacing="0" cellpadding="0"> <tbody> <tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 36.9pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt" valign="top" width="49"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">1</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 130.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="174"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">2</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 3.95in; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="379"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">3</span></p></td></tr> <tr style="HEIGHT: 620.75pt; mso-yfti-irow: 1; mso-yfti-lastrow: yes"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 36.9pt; PADDING-RIGHT: 5.4pt; HEIGHT: 620.75pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="49"> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span class="MsoFootnoteReference"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">3.</span></p> <p style="MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span>4.</span></p> <p style="MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span></span></p> <p style="MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span>5.</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 130.5pt; PADDING-RIGHT: 5.4pt; HEIGHT: 620.75pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="174"> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span>Corporation</span></p> <p style="MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Co-operative society</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Any other employer not falling under any of the aforesaid categories.</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 3.95in; PADDING-RIGHT: 5.4pt; HEIGHT: 620.75pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="379"> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 26.1pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(i)<span style="mso-spacerun: yes"> </span>8.5 percent, of its paid up capital as at the commencement of the accounting year.</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(ii)<span style="mso-spacerun: yes"> </span>6 per cent, of its reserves, if any, shown in its balance sheet as at the commencement of the accounting, year including any profits carried forward from the previous accounting year.</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 26.1pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(i)<span style="mso-spacerun: yes"> </span>8.5 per cent, of the capital invested by such society in its establishment as evidenced from its books of accounts at the commencement of the accounting year;</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 26.1pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 26.1pt 418.5pt 436.5pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(ii)<span style="mso-spacerun: yes"> </span>such sum as has been carried forward in respect of the accounting year to a reserve fund under any law relating to co-operative societies for the time being in force.</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 26.1pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span>8.5 per cent, of the capital invested by him in his establishment as evidence from his books of accounts at the commencement of the accounting year.</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 26.1pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 26.1pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span>Provided that where such employer is a person to whom Chapter XXIIA of the Income-tax Act applies, the annuity deposit payable by him under the provisions of that Chapter during the accounting year shall also be deducted.</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 26.1pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 26.1pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span>Provided further that where such employer is a firm, an amount equal to 25 per cent, of the gross profits derived by it from the establishment in respect of the accounting year after deducting depreciation in accordance with the provision of clause (a) of section 6 by way of remuneration to all the partners taking part in the conduct of business of the establishment shall also be deducted, but where the partnership agreement, whether oral or written, provides for the payment of remuneration to any such partner, and –</span></p> <p style="TEXT-INDENT: -0.5in; MARGIN: 0in 9pt 0pt 0.75in; tab-stops: 26.1pt list .75in; mso-list: l12 level1 lfo25" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(i)</span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">the total remuneration payable to all such partners is less than the said 25 per cent the amount payable, subject to a maximum of forty-eight thousand rupees to each such partner; or </span></p> <p style="TEXT-INDENT: -0.5in; MARGIN: 0in 9pt 0pt 0.75in; tab-stops: 26.1pt list .75in; mso-list: l12 level1 lfo25" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(ii)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">the total remuneration payable to all such partners is higher than the said 25 per cent such percentage, or a sum calculated at the rate of forty-eight thousand rupees to each such partner, whichever is less, shall be deducted under this proviso;</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 26.1pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span>Provided also that where such employer is an individual or a Hindu undivided family-</span></p> <p style="TEXT-INDENT: -0.5in; MARGIN: 0in 9pt 0pt 0.75in; tab-stops: 26.1pt list .75in; mso-list: l4 level1 lfo26" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(i)</span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">an amount equal to 25 percent of the gross profits derived by such employer from the establishment in respect of the accounting year after deducting depreciation in accordance with the provisions of clause (a) of section 6; or</span></p> <p style="TEXT-INDENT: -0.5in; MARGIN: 0in 9pt 0pt 0.75in; tab-stops: 26.1pt list .75in; mso-list: l4 level1 lfo26" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(ii)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">forty-eight thousand rupees; whichever is less, by way of remuneration to such employer, shall also be deducted.</span></p> <p style="MARGIN: 0in 9pt 0pt 0.25in; tab-stops: 26.1pt 418.5pt 436.5pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p></td></tr></tbody></table> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <table style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none; mso-border-alt: solid windowtext .5pt; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-border-insideh: .5pt solid windowtext; mso-border-insidev: .5pt solid windowtext" class="MsoNormalTable" border="1" cellspacing="0" cellpadding="0"> <tbody> <tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 36.9pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt" valign="top" width="49"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(1)</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 130.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="174"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(2)</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 3.95in; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="379"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(3)</span></p></td></tr> <tr style="mso-yfti-irow: 1; mso-yfti-lastrow: yes"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 36.9pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="49"> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">6.</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 130.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="174"> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Any employer failing under Item No. 1 or Item No. 3 or Item No. 4 or Item No. 5 and being a license within the meaning of the Electricity (Supply) Act, 1948 (54 of 1948)</span></p> </td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 3.95in; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="379"> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">In addition to the sums deductible under any of the aforesaid Items, such sums as are required to be appropriate by the license in respect of the accounting year to a reserve under the Sixth Schedule to that Act shall also be deducted.</span></p> </td></tr></tbody></table> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><i><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Explanation</span></i><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">: The expression 'reserves" occurring in column (3) against item Nos.</span><a style="mso-footnote-id: ftn59" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn59" name="_ftnref59"><span class="MsoFootnoteReference"><font size="3">1</font></span></a><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> [1(iii), 2(iii) and 3(ii)] shall not include any amount set apart for the purpose of-</span></p> <p style="TEXT-INDENT: -0.5in; MARGIN: 0in 9pt 0pt 0.75in; tab-stops: 27.0pt list .75in; mso-list: l20 level1 lfo27" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(i)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span>Payment of any direct tax which, according to the balance –sheet, would be payable;</span></p> <p style="TEXT-INDENT: -0.5in; MARGIN: 0in 9pt 0pt 0.75in; tab-stops: 27.0pt list .75in; mso-list: l20 level1 lfo27" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(ii)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">meeting any depreciation admissible in accordance with the provisions of clause(a) of section 6;</span></p> <p style="TEXT-INDENT: -0.5in; MARGIN: 0in 9pt 0pt 0.75in; tab-stops: 27.0pt list .75in; mso-list: l20 level1 lfo27" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(iii)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">payment of dividends which have been declared.; but shall include-</span></p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 9pt 0pt 1in; tab-stops: 27.0pt list 1.0in; mso-list: l20 level2 lfo27" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(a)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">any amount, over and above the amount referred to in clause(i) of this Explanation.</span></p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 9pt 0pt 1in; tab-stops: 27.0pt list 1.0in; mso-list: l20 level2 lfo27" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-fareast-font-family: Arial; mso-bidi-font-family: Arial; mso-bidi-font-size: 12.0pt"><span style="mso-list: Ignore">(b)<span style="FONT: 7pt 'Times New Roman'"> </span></span></span><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">any amount set apart for meeting any depreciation in excess of the amount admissible in accordance with the provisions of clause (a) of section 6.</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><a style="mso-footnote-id: ftn60" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftn60" name="_ftnref60"><span class="MsoFootnoteReference"><font size="3">2</font></span></a><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">[THE FOURTH SCHEDULE</span></b></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(See section 15 and 16)</span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-tab-count: 1"> </span>In the Schedule, the total amount of bonus equal to 8.33 per cent of the annual salary or wage payable to all the employees is assumed to be Rs. 1,04,167. Accordingly, the maximum bonus to which all the employees are entitled to the paid (twenty per cent of the annual salary or wage of all the employees) would be Rs. 2,50,000.<span style="mso-spacerun: yes"> </span></span></p> <span style="LINE-HEIGHT: 150%; FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-bidi-font-weight: bold; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"><br style="PAGE-BREAK-BEFORE: always" clear="all"> </span> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span></span></p> <table style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 451.8pt; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none; mso-border-alt: solid windowtext .5pt; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-border-insideh: .5pt solid windowtext; mso-border-insidev: .5pt solid windowtext" class="MsoNormalTable" border="1" cellspacing="0" cellpadding="0" width="602"> <tbody> <tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 0.45in; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt" valign="top" width="43"> <p style="MARGIN: 0in -414.9pt 0pt 0in; tab-stops: .5in" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Year</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="180"> <p style="MARGIN: 0in -0.9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Amount equal to sixty per cent, or sixty seven per cent, as the case may be, or available surplus allocable as bonus </span></p> </td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 112.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="150"> <p style="MARGIN: 0in -0.9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Amount payable as bonus</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 81.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="109"> <p style="MARGIN: 0in -4.9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Set on or set off of the year carried forward</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 90.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt" valign="top" width="121"> <p style="MARGIN: 0in 0in 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Total set on or set off Carried forward</span></p></td></tr> <tr style="mso-yfti-irow: 1"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 0.45in; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="43"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(1)</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="180"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(2)</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 112.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="150"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(3)</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 81.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="109"> <p style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(4)</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 90.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="121"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(5)</span></p></td></tr> <tr style="mso-yfti-irow: 2"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 0.45in; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="43"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="180"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Rs.</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 112.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="150"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Rs.</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 81.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="109"> <p style="TEXT-ALIGN: center; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Rs.</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 90.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="121"> <p style="MARGIN: 0in 0in 0pt; tab-stops: 27.0pt 79.6pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Rs.<span style="mso-spacerun: yes"> </span>of <span style="mso-spacerun: yes"> </span>(year )</span></p> </td></tr> <tr style="PAGE-BREAK-INSIDE: avoid; mso-yfti-irow: 3"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 0.45in; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="43"> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">1.</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="180"> <p style="TEXT-ALIGN: center; LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">1,04,167</span></p> </td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 112.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="150"> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">1.04,167**</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 81.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="109"> <p style="TEXT-ALIGN: center; LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Nil</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 90.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="121"> <p style="TEXT-ALIGN: center; LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">NIl</span></p></td> </tr> <tr style="PAGE-BREAK-INSIDE: avoid; mso-yfti-irow: 4"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 0.45in; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="43"> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">2.</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="180"> <p style="TEXT-ALIGN: center; LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">6.35,000</span></p> </td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 112.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="150"> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">2,50,000*</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 81.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="109"> <p style="MARGIN: 0in -0.4pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Set on 2,50,000*</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 90.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="121"> <p style="MARGIN: 0in 0in 0pt; tab-stops: .5in" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Set<span style="mso-spacerun: yes"> </span>on<span style="mso-spacerun: yes"> </span></span></p> <p style="MARGIN: 0in 0in 0pt; tab-stops: .5in" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">2,50,000*<span style="mso-spacerun: yes"> </span>(2)</span></p></td></tr> <tr style="PAGE-BREAK-INSIDE: avoid; mso-yfti-irow: 5"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 0.45in; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="43"> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">3.</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="180"> <p style="TEXT-ALIGN: center; LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">2,20,000</span></p> </td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 112.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="150"> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">2,50,000* </span></p> <p style="MARGIN: 0in -0.9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(inclusive of 30,000 from year –2)</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 81.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="109"> <p style="TEXT-ALIGN: center; LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Nil</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 90.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="121"> <p style="MARGIN: 0in 0in 0pt; tab-stops: .5in" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Set<span style="mso-spacerun: yes"> </span>on<span style="mso-spacerun: yes"> </span>(2)</span></p> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">2,20,000</span></p></td></tr> <tr style="PAGE-BREAK-INSIDE: avoid; mso-yfti-irow: 6"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 0.45in; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="43"> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">4.</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="180"> <p style="TEXT-ALIGN: center; LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">3,75,000</span></p> </td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 112.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="150"> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">2,50,000*</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 81.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="109"> <p style="MARGIN: 0in -0.4pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Set on 1,25,000*</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 90.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="121"> <p style="MARGIN: 0in 0in 0pt; tab-stops: .5in" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Set<span style="mso-spacerun: yes"> </span>on<span style="mso-spacerun: yes"> </span></span></p> <p style="MARGIN: 0in 0in 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">2,20,000<span style="mso-spacerun: yes"> </span>(2)</span></p> <p style="MARGIN: 0in 0in 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">1,25,000<span style="mso-spacerun: yes"> </span>(4)</span></p></td></tr> <tr style="PAGE-BREAK-INSIDE: avoid; mso-yfti-irow: 7"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 0.45in; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="43"> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">5.</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="180"> <p style="TEXT-ALIGN: center; LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">1,40,000</span></p> </td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 112.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="150"> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">2,50,000*</span></p> <p style="MARGIN: 0in 0in 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(inclusive of 1,10,000 from year-2)</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 81.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="109"> <p style="TEXT-ALIGN: center; LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Nil</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 90.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="121"> <p style="MARGIN: 0in 0in 0pt; tab-stops: .5in" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Set<span style="mso-spacerun: yes"> </span>on<span style="mso-spacerun: yes"> </span>(2)</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">1,10,000</span></p> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 0in 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">1,25,000<span style="mso-spacerun: yes"> </span>(4)</span></p> </td></tr> <tr style="PAGE-BREAK-INSIDE: avoid; mso-yfti-irow: 8"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 0.45in; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="43"> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">6.</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="180"> <p style="TEXT-ALIGN: center; LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">3,10,000</span></p> </td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 112.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="150"> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">2,50,000*</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 81.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="109"> <p style="MARGIN: 0in -0.4pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Set on 60,000</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 90.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="121"> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Set on </span></p> <p style="MARGIN: 0in 0in 0pt; tab-stops: 27.0pt 75.1pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Nil+<span style="mso-spacerun: yes"> </span>(2)</span></p> <p style="MARGIN: 0in 0in 0pt; tab-stops: 27.0pt 75.1pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">1,25,00<span style="mso-spacerun: yes"> </span>(4)</span></p> <p style="MARGIN: 0in 0in 0pt; tab-stops: 27.0pt 75.1pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><span style="mso-spacerun: yes"> </span>60,000<span style="mso-spacerun: yes"> </span>(6)</span></p> </td></tr> <tr style="PAGE-BREAK-INSIDE: avoid; mso-yfti-irow: 9"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 0.45in; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="43"> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">7.</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="180"> <p style="TEXT-ALIGN: center; LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">1,00,000</span></p> </td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 112.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="150"> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">2,50,000*</span></p> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(inclusive of 1,25,000 from year–4 and 25,000 from year-6)</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 81.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="109"> <p style="TEXT-ALIGN: center; LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Nil</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 90.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="121"> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Set on</span></p> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 0in 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">35,000<span style="mso-spacerun: yes"> </span>(6)</span></p> </td></tr> <tr style="PAGE-BREAK-INSIDE: avoid; mso-yfti-irow: 10"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 0.45in; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="43"> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">8.</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="180"> <p style="TEXT-ALIGN: center; LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Nil (due to loss)</span></p> </td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 112.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="150"> <p style="MARGIN: 0in -0.9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">1,04,167**</span></p> <p style="MARGIN: 0in -0.9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(inclusive of 35,000 from year -6)</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 81.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="109"> <p style="MARGIN: 0in 0in 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Set off 69,167</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 90.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="121"> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Set off </span></p> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 0in 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">69,167<span style="mso-spacerun: yes"> </span>(8)</span></p> </td></tr> <tr style="PAGE-BREAK-INSIDE: avoid; mso-yfti-irow: 11"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 0.45in; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="43"> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">9.</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="180"> <p style="TEXT-ALIGN: center; LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">10,000</span></p> </td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 112.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="150"> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">1,04,167**</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 81.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="109"> <p style="LINE-HEIGHT: 150%; MARGIN: 0in -0.4pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Set off 94,167</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 90.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="121"> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Set off </span></p> <p style="MARGIN: 0in 0in 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">69,167<span style="mso-spacerun: yes"> </span>(8)</span></p> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 0in 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">94,167<span style="mso-spacerun: yes"> </span>(9)</span></p> </td></tr> <tr style="PAGE-BREAK-INSIDE: avoid; mso-yfti-irow: 12; mso-yfti-lastrow: yes"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 0.45in; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="43"> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 0in 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">10.</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="180"> <p style="TEXT-ALIGN: center; LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">2,15,000</span></p> </td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 112.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="150"> <p style="MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">1,04,167**</span></p> <p style="MARGIN: 0in -0.9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">(after setting of 69,167 from year-8 and 41,666 from year-9)</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 81.5pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="109"> <p style="TEXT-ALIGN: center; LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText" align="center"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Nil</span></p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: #ece9d8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 90.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt" valign="top" width="121"> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Set off </span></p> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 0in 0pt; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">52,501<span style="mso-spacerun: yes"> </span>(9)</span></p> </td></tr></tbody></table> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> </span></p> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Notes-</span></p> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">* Maximum.</span></p> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">+ The balance of Rs. 1,10,000 set on from year-2 lapses.</span></p> <p style="LINE-HEIGHT: 150%; MARGIN: 0in 9pt 0pt 0in; tab-stops: 27.0pt" class="MsoBodyText"><span style="LINE-HEIGHT: 150%; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">** Minimum</span></p> <div style="mso-element: footnote-list"><br clear="all"> <hr align="left" size="1" width="33%"> <div style="mso-element: footnote" id="ftn1"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn1" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref1" name="_ftn1"><span class="MsoFootnoteReference"><span style="mso-special-character: footnote"><span class="MsoFootnoteReference"><span style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-bidi-font-weight: bold; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA">[1]</span></span></span></span></a> The Act has been extended to Goa, Daman and Die by Act 6 of 1977, sec. 2 and sch.</p> </div> <div style="mso-element: footnote" id="ftn2"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn2" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref2" name="_ftn2"><span class="MsoFootnoteReference"><span style="mso-special-character: footnote"><span class="MsoFootnoteReference"><span style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-bidi-font-weight: bold; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA">[2]</span></span></span></span></a> Subs. by Act 23 of 1976, sec. 2, for the long title (w.r.e.f 25-9-1975).</p> </div> <div style="mso-element: footnote" id="ftn3"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn3" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref3" name="_ftn3"><span class="MsoFootnoteReference"><span style="mso-special-character: footnote"><span class="MsoFootnoteReference"><span style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-bidi-font-weight: bold; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA">[3]</span></span></span></span></a> The words "except the State of Jammu and Kashmir" omitted by Act 51 of 1970, sec. 2 and sch. (w.e.f 1-9-1971).</p> </div> <div style="mso-element: footnote" id="ftn4"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn4" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref4" name="_ftn4"><span class="MsoFootnoteReference"><span style="mso-special-character: footnote"><span class="MsoFootnoteReference"><span style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-bidi-font-weight: bold; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA">[4]</span></span></span></span></a> Ins. by Act 23 of 1976, sec. 3 (w.r.e.f 1-9-1975).</p> </div> <div style="mso-element: footnote" id="ftn5"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn5" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref5" name="_ftn5"><span class="MsoFootnoteReference"><span style="mso-special-character: footnote"><span class="MsoFootnoteReference"><span style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-bidi-font-weight: bold; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA">[5]</span></span></span></span></a> Added by Act 51 of 1970 sec. 2 and sch. (w.e.f 1-9-1971)</p> </div> <div style="mso-element: footnote" id="ftn6"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn6" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref6" name="_ftn6"><span class="MsoFootnoteReference">1</span></a> The words "under clause (b) of sub-section (3)" omitted by Act pf 1976, sec. 3 (w.r.e.f. 25.9.1975)</p> </div> <div style="mso-element: footnote" id="ftn7"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn7" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref7" name="_ftn7"><span class="MsoFootnoteReference">2</span></a> Added by Act 23 of 1976, sec. 3 (w.r.e.f. 25.9.1975)</p> </div> <div style="mso-element: footnote" id="ftn8"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn8" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref8" name="_ftn8"><span class="MsoFootnoteReference">3</span></a> Omitted by Act 23 of 1976, sec. 4(w.r.e.f. 25.9.1975) and ins. by Act 66 of 1980, sec. 2 (w.r.e.f. 21.8.1980)</p> </div> <div style="mso-element: footnote" id="ftn9"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn9" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref9" name="_ftn9"><span class="MsoFootnoteReference">1</span></a> Certain words omitted by Act 23 of 1976, sec. 4 (w.r.e.f. 25.9.1975)</p> </div> <div style="mso-element: footnote" id="ftn10"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn10" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref10" name="_ftn10"><span class="MsoFootnoteReference">2</span></a> Ins. by Act 23 of 1976, sec. 4 (w.r.e.f. 25.9.1975)</p> </div> <div style="mso-element: footnote" id="ftn11"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn11" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref11" name="_ftn11"><span class="MsoFootnoteReference">3</span></a> Ins. by Act 66 of 1980, sec. 2 (w.r.e.f. 21.8.1980)</p> </div> <div style="mso-element: footnote" id="ftn12"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn12" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref12" name="_ftn12"><span class="MsoFootnoteReference">1</span></a> subs. by Act 34 of 1995, sec. 2 for 'two thousand and five hundred rupees' (w.r.e.f. 1.4.1993)</p> </div> <div style="mso-element: footnote" id="ftn13"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn13" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref13" name="_ftn13"><span class="MsoFootnoteReference">1</span></a> Subs. by Act 66 of 1980, sec. 3, for section 4 (w.r.e.f. 21.8.1980)</p> </div> <div style="mso-element: footnote" id="ftn14"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn14" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref14" name="_ftn14"><span class="MsoFootnoteReference">2</span></a> Added by Act 8 of 1969, sec. 2 (w.r.e.f. 26.3.1969)</p> </div> <div style="mso-element: footnote" id="ftn15"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn15" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref15" name="_ftn15"><span class="MsoFootnoteReference">1</span></a> Subs. by Act 66 of 1980, sec. 4, for :development rebate or development allowance" (w.r.e.f. 21.8.1980)</p> </div> <div style="mso-element: footnote" id="ftn16"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn16" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref16" name="_ftn16"><span class="MsoFootnoteReference">2</span></a> Subs. by Act of 1980,, sec. 4, for "Second Schedule: (w.r.e.f. 21.8.1980)</p> </div> <div style="mso-element: footnote" id="ftn17"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn17" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref17" name="_ftn17"><span class="MsoFootnoteReference">3</span></a> Subs. by Act 8 of 1969, Sec. 3, for<span style="mso-spacerun: yes"> </span>"For the purpose of clause (c) of section 6, direct tax payable by the employer " (w.r.e.f. 26.3.1969)</p> </div> <div style="mso-element: footnote" id="ftn18"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn18" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref18" name="_ftn18"><span class="MsoFootnoteReference">1</span></a> subs. by Act 66 of 1980, sec. 5, "(other than development rebate or development allowance)" </p> </div> <div style="mso-element: footnote" id="ftn19"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn19" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref19" name="_ftn19"><span class="MsoFootnoteReference">1</span></a> Section 10, subs. by Act 23 of 1976, sec. 7 (w.r.e.f. 25.9.1975) and again subs. Act of 66 of 1980, sec. 6 (w.r.e.f. 21.8.1980)</p> </div> <div style="mso-element: footnote" id="ftn20"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn20" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref20" name="_ftn20"><span class="MsoFootnoteReference">2</span></a> Section 11 omitted by Act 23 of 1976, sec. 8 (w.r.e.f. ) and ins. by Act 66 of 1980, sec. 6 (w.r.e.f. 21.8.1980)</p> </div> <div style="mso-element: footnote" id="ftn21"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn21" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref21" name="_ftn21"><span class="MsoFootnoteReference">3</span></a> Section 12 omitted by Act 30of 1985, sec. 2 and ins. by Act 67of 1985, sec. 3 (w.r.e.f.7.11.1985)</p> </div> <div style="mso-element: footnote" id="ftn22"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn22" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref22" name="_ftn22"><span class="MsoFootnoteReference">4</span></a> subs. by Act 34 of 1995, sec. 3 for 'one thousand and six hundred rupees' (w,.r.e.f. 1.4.1993)</p> </div> <div style="mso-element: footnote" id="ftn23"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn23" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref23" name="_ftn23"><span class="MsoFootnoteReference">5</span></a> subs by Act 66 of 1980, sec. 8, for section 13 (w.r.e.f. 21.8.1980)</p> </div> <div style="mso-element: footnote" id="ftn24"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn24" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref24" name="_ftn24"><span class="MsoFootnoteReference">1</span></a> Subs. by Act 66 of 1980, sec. 9, for section 13 (w.r.e.f. 21.8.1980)</p> </div> <div style="mso-element: footnote" id="ftn25"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn25" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref25" name="_ftn25"><span class="MsoFootnoteReference">2</span></a> Subs. by Act 23 of 1976, sec. 10, for sub-section (1) and Explanation thereto (w.r.e.f. 25.9.1975)</p> </div> <div style="mso-element: footnote" id="ftn26"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn26" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref26" name="_ftn26"><span class="MsoFootnoteReference">1</span></a> Subs. by Act 66 of 1980, sec. 10, for "Third Schedule" (w.r.e.f. 21.8.1980)</p> </div> <div style="mso-element: footnote" id="ftn27"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn27" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref27" name="_ftn27"><span class="MsoFootnoteReference">1</span></a> Subs by Act 23 of 1976, sec. 12, for "sub-section (1) " (w.r.e.f. 25.9.1975)</p> </div> <div style="mso-element: footnote" id="ftn28"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn28" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref28" name="_ftn28"><span class="MsoFootnoteReference">2</span></a> subs. by Act 23 of 1976, sec. 13, for "(1) subject to the provisions of this section, all amounts : (w.r.e.f. 25.9.1975)</p> </div> <div style="mso-element: footnote" id="ftn29"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn29" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref29" name="_ftn29"><span class="MsoFootnoteReference">1</span></a> Sub-sections (2) to (7) ins. by Act 68 of 1972, sec. 4 (w.r.e.f.<span style="mso-spacerun: yes"> </span>1.9.1972) and omitted by Act 23 of 1976, sec. 13 (w.r.e.f. 25.9.1975)</p> </div> <div style="mso-element: footnote" id="ftn30"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn30" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref30" name="_ftn30"><span class="MsoFootnoteReference">2</span></a> Sub-section (8) ins. by Act 39 of 1973, sec. 4(w.r.e.f. 1.9.1973) and omitted by Act 55 of 1973, sec. 2 (w.r.e.f 1.9.1973)</p> </div> <div style="mso-element: footnote" id="ftn31"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn31" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref31" name="_ftn31"><span class="MsoFootnoteReference">3</span></a> The brackets and figure (1) omitted by Act 23 of 1976, sec. 14 (w.r.e.f. 25.9.1975) and again section 20 re-numbered as sub-section (1) thereof by Act 66 of 1980, sec. 11 (w.r.e.f. 27.12.1980)</p> </div> <div style="mso-element: footnote" id="ftn32"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn32" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref32" name="_ftn32"><span class="MsoFootnoteReference">4</span></a> sub-section (2) omitted by Act of 1976, sec, 14(w.r.e.f. 25.9.1975) and ins. by Act 66 of 1980, sec. 11 (w.r.e.f. 27.12.1980)</p> </div> <div style="mso-element: footnote" id="ftn33"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn33" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref33" name="_ftn33"><span class="MsoFootnoteReference">5</span></a> Subs. By Act 66 of 1980, sec. 12, for "sections 22,23 and 25" (w.r.e.f. 21.8.1980)</p> </div> <div style="mso-element: footnote" id="ftn34"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn34" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref34" name="_ftn34"><span class="MsoFootnoteReference">1</span></a> Subs. by Act 23 of 1976 , Sec. 16, for "and in sections 24 and 25" (w.r.e.f. 25.9.1975).</p> </div> <div style="mso-element: footnote" id="ftn35"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn35" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref35" name="_ftn35"><span class="MsoFootnoteReference">2</span></a> Subs. by Act 66 of 1980, sec. 13, for "section 25" (w.r.e.f. 21.8.1980)</p> </div> <div style="mso-element: footnote" id="ftn36"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn36" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref36" name="_ftn36"><span class="MsoFootnoteReference">3</span></a> Ins. by Act 66 of 1980 , sec. 14 (w.r.e.f. 21.8.1980)</p> </div> <div style="mso-element: footnote" id="ftn37"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn37" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref37" name="_ftn37"><span class="MsoFootnoteReference">1</span></a> Ins. by Act 66 of 1980, sec. 15 (w.r.e.f. 21.8.1980)</p> </div> <div style="mso-element: footnote" id="ftn38"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn38" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref38" name="_ftn38"><span class="MsoFootnoteReference">1</span></a> Ins. by Act 66 of 1980, sec. 16 (w.r.e.f. 21.8.1980)</p> </div> <div style="mso-element: footnote" id="ftn39"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn39" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref39" name="_ftn39"><span class="MsoFootnoteReference">2</span></a> Ins. by Act 23 of 1976, sec. 19 (w.r.e.f. 25.9.1975)</p> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"> </p></div> <div style="mso-element: footnote" id="ftn40"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn40" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref40" name="_ftn40"><span class="MsoFootnoteReference">1</span></a> Ins. by Act 66 of 1980, sec. 17 (w.r.e.f. 21.8.1980)</p> </div> <div style="mso-element: footnote" id="ftn41"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn41" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref41" name="_ftn41"><span class="MsoFootnoteReference">2</span></a> Subs. by Act 66 of 1980, sec. 17, for "Provided that" (w.r.e.f. 21.8.19800</p> </div> <div style="mso-element: footnote" id="ftn42"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn42" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref42" name="_ftn42"><span class="MsoFootnoteReference">3</span></a> the words "employees employed by any insurer carrying on general insurance business and the" omitted by Act 62 of 1968, sec. 41. </p> </div> <div style="mso-element: footnote" id="ftn43"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn43" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref43" name="_ftn43"><span class="MsoFootnoteReference">4</span></a> Clause (vii) omitted by Act 66 of 1980, sec, 18 (w.r.e.f. 21.8.1982)</p> </div> <div style="mso-element: footnote" id="ftn44"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn44" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref44" name="_ftn44"><span class="MsoFootnoteReference">5</span></a> Subs. by Act of 1981, sec. 61 and Sch.II, for sub-clause (d) (w.r.e.f. 12.7.1982)</p> </div> <div style="mso-element: footnote" id="ftn45"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn45" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref45" name="_ftn45"><span class="MsoFootnoteReference">1</span></a> Ins. by Act 39 of 19879, sec. 53 and Sch.II.</p> </div> <div style="mso-element: footnote" id="ftn46"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn46" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref46" name="_ftn46"><span class="MsoFootnoteReference">2</span></a> Omitted by Act 66 of 1980, sec. 18 (w.r.e.f. 21.8.1980) and ins. by Act 53 of 1987, sec. 56 and Sch. II (w.e..f 9.7.1988).</p> </div> <div style="mso-element: footnote" id="ftn47"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn47" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref47" name="_ftn47"><span class="MsoFootnoteReference">3</span></a> Ins. by Act 66 of 1980, sec. 18 (w.r.e.f. 21.8.1980)</p> </div> <div style="mso-element: footnote" id="ftn48"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn48" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref48" name="_ftn48"><span class="MsoFootnoteReference">4</span></a> Clause (x) omitted by Act 23 of 1976, sec. 20 (w.r.e.f 25.9.1975)</p> </div> <div style="mso-element: footnote" id="ftn49"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn49" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref49" name="_ftn49"><span class="MsoFootnoteReference">5</span></a> Subs. by Act 23 of 1976, sec. 22, for section 34 (w.r.e.f. 25.9.1975)</p> </div> <div style="mso-element: footnote" id="ftn50"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn50" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref50" name="_ftn50"><span class="MsoFootnoteReference">1</span></a> For the heading "THE SECOND SCHEDULE", the heading 'THE FIRST SCHEDULE" subs. by Act 23 of 1976, sec. 26 ( w.r.e.f 25.9.1976) and again the First Schedule renumbered as the Second Schedule by Act 66 of 1980, sec. 19 (w.r.e.f 21.8.1980)</p> </div> <div style="mso-element: footnote" id="ftn51"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn51" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref51" name="_ftn51"><span class="MsoFootnoteReference">2</span></a> For the sub-heading "[see Section 4(b)]", the sub-heading "(See section 4)" subs by Act 23 of 1976, sec. 261 (w.r.e.f.25.9.1976) and again subs. by Act 66 of 1980, sec. 19 (w.r.e.f. 21.8.1980).</p> </div> <div style="mso-element: footnote" id="ftn52"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn52" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref52" name="_ftn52"><span class="MsoFootnoteReference">3</span></a> Subs. by Act 66 of 1980, sec. 19, for entry (d) (w.r.e.f. 21.8.1980).</p> </div> <div style="mso-element: footnote" id="ftn53"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn53" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref53" name="_ftn53"><span class="MsoFootnoteReference">4</span></a> Ins. by Act 23 pf 1976, sec. 26 (w.e.r.f 25.9.1975)</p> </div> <div style="mso-element: footnote" id="ftn54"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn54" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref54" name="_ftn54"><span class="MsoFootnoteReference">1</span></a> Subs. by Act 23 of 1976, sec. 26, for sub-item (g) (w.e.r.f 225.9.1975).</p> </div> <div style="mso-element: footnote" id="ftn55"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn55" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref55" name="_ftn55"><span class="MsoFootnoteReference">2</span></a> Ins. by Act 23 of 1976, sec. 26. (w.r.e.f 25.9.1976)</p> </div> <div style="mso-element: footnote" id="ftn56"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn56" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref56" name="_ftn56"><span class="MsoFootnoteReference">3</span></a> For the heading " THE THIRD SCHEDULE" THE HEADING " THE SECOND SCHEDULE" subs. by Act 23 of 1976, sec. 27 (w.r.e.f. 12.8.1980)</p> </div> <div style="mso-element: footnote" id="ftn57"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn57" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref57" name="_ftn57"><span class="MsoFootnoteReference">4</span></a> Subs by Act 66 of 1980, sec. 20, for " Company" (w.r.e.f. 21.8.1980)</p> </div> <div style="mso-element: footnote" id="ftn58"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn58" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref58" name="_ftn58"><span class="MsoFootnoteReference">1</span></a> Ins. by Act 66 of 1980, sec. 20 (w.r.e.f 231.8.1980)</p> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"> </p> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"> </p> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"> </p></div> <div style="mso-element: footnote" id="ftn59"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn59" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref59" name="_ftn59"><span class="MsoFootnoteReference">1</span></a> Subs. by Act 66 of 1980, sec. 20, for " 1(iii) and 3(ii)" (w.r.e.f 21.8.1980)</p> </div> <div style="mso-element: footnote" id="ftn60"> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"><a style="mso-footnote-id: ftn60" title="" href="https://mail.google.com/mail/html/compose/static_files/blank_quirks.html#_ftnref60" name="_ftn60"><span class="MsoFootnoteReference">2</span></a> "THE FOURTH SCHEDULE " was subs. by "THE THIRD SCHEDULE" BY Act 23 of 1976, sec. 23 (w.r.e.f. 25.9.1976) and THE THIRD SCHEDULE so substituted was again subs. by Act 66 of 1980, sec. 21 (w.r.e.f. 21.8.1980)</p> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"> </p> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"> </p> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"> </p> <p style="MARGIN: 0in 0in 0pt" class="MsoFootnoteText"> </p></div></div> Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6417741688514522214.post-74835818813219814222009-10-14T04:00:00.001-07:002010-05-23T22:54:04.066-07:00FAQ<div style="text-align: justify;"><span style="color: black;"><strong><span style="color: #cc0000;">1</span>. Who is eligible to get Bonus?</strong></span></div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Every employee who has worked in the establishment for not less than 30 working days in an accounting year is entitled to the bonus. Sec. 8.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><strong><span style="color: #cc0000;">2.</span> For which Organisation the Act is applicable ?</strong></div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">It applies to every factory and every other establishment in which 20 or more persons are employed on any day during an accounting year.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><strong><span style="color: #cc0000;">3.</span> What is the minimum service to get Bonus ?</strong></div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Every employee who has worked in the establishment for not less than 30 working days in an accounting year is entitled to the bonus. Sec. 8.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><strong><span style="color: #cc0000;">4.</span> What is the Minimum and Maximum amount to be paid as Bonus</strong></div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Minimum bonus of 8.33%. Maximum bonus of 20% of bonus on the wages earned by an employee in the accounting year.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><strong><span style="color: #cc0000;">5. </span>What is Bonus ?</strong></div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Bonus is annual statutory payment. The minimum bonus is considered deferred wage and any bonus payable in excess of the minimum bonus is a profit sharing.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><strong><span style="color: #cc0000;">6. </span>When the Bonus is to be paid</strong> </div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Bonus shall be payable within a period of 8 months from the close of the accounting year.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><strong><span style="color: #cc0000;">7.</span> Is Bonus applicable to new Organisation ?</strong></div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">No. New establishments are given infancy protection of 5 years to come under the purview of Bonus Act. However, the new establishments earning profits within the infancy period of 5 years shall pay the bonus for the accounting years in which they earn profits.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><strong><span style="color: #cc0000;">8.</span> What is allocable surplus ?</strong></div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">60% of the available surplus in case of Indian companies / stablishments and 67% of the available surplus in case of foreign companies.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><strong><span style="color: #cc0000;">9.</span> What are the Registers to be maintained ?</strong></div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Register in Form A – Computation of allocable surplus. </div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Register in Form B – Set-on and set-off of allocable surplus.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Register in Form C – Bonus paid to the employees for the accounting year.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><strong><span style="color: #cc0000;">10.</span> What is the minimum rate and maximum rate of Bonus to be paid.</strong></div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Minimum bonus of 8.33%. Maximum bonus of 20% of bonus on the wages earned by an employee in the accounting year.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><strong><span style="color: #cc0000;">11.</span> Whether the value of food allowance to be included for calculation of Bonus ?</strong></div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Yes. </div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><strong><span style="color: #cc0000;">12.</span> Whether Over –time is to be included for the purpose of calculation of Bonus ?</strong></div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">No.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><strong><span style="color: #cc0000;">13.</span> What are the components in wages not to be included for calculation of Bonus ?</strong></div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">I) any other allowance which the employee is for the time being entitled to ; </div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">ii) the value of any house accommodation or of supply of light, water, medical attendance or other amenity or of any service or of any concessional supply of food grains or other articles.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">iii) any traveling concession;</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">iv) any bonus (including incentive, production and attendance bonus);</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">v) any contribution paid or payable by the employer to any pension fund or provident fund or for the benefit of the employee under any law for the time being in force</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">vi) any retrenchment compensation or any gratuity or other retirement benefit payable to the employee or any ex-gratia payment made to him.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">vii) any commission payable to the employee.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><strong><span style="color: #cc0000;">14.</span> Whether an establishment consists of different departments /undertakings</strong> </div><div style="text-align: justify;">or </div><div style="text-align: justify;">branches are to be treated as a same establishment for the purpose of commutation of Bonus ?</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Yes. </div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><strong><span style="color: #cc0000;">15.</span> Whether Lay-off period is to be treated as working days?</strong></div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">No.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><strong><span style="color: #cc0000;">16.</span> The Accident or maternity benefits are to be treated as working days or not?</strong></div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">No.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;"><strong><span style="color: #cc0000;">17.</span> What are the penalties for non-payment of Bonus?</strong></div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Any person contravenes the provisions of the Act and the rules made there under shall be punishable with imprisonment for a term which may extend to six months or with fine with may extend to Rs.1000/- or with both.</div>Unknownnoreply@blogger.com