Question

18. Under the payment of Bonus Act, 1965, the gross profits derived by an employer from an
establishment in respect of any accounting year shall be computed
A. In case of Banking Company according to schedule II and in any other case schedule I.
B. In case of Banking Company according to schedule I and in any other case schedule II.
C. In case of Banking Company and in any other case schedule I.
D. In case of Banking Company and in any other case schedule II.​

Answer 1

Answer C

In case of Banking Company and in any other case schedule I.