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Bonus Act

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

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