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Payment of Bonus Form A Rule 4 (A) | Download Free Templates

Team Lawyered
Team Lawyered
  • Jul 13, 2021
  • 2 min to read
Payment of Bonus Form A Rule 4 (A) | Download Free Templates Lawyered

1. What is Form A Rule 4 (A)?

This form is related to set on and set off of the allocable surplus under section 2(4) of the payment of Bonus Act 1975, as per the section surplus allocation means in relation with the employer ( other than banking) which has not made the arrangement prescribed under the income tax for the declaration of payment within India of the dividends payable out of his profit with the provision under section 194 of the Act.

2. Why is it Important?

It is important because it is based on the payment of bonuses to the employees by the establishment and to make recommendations to the government accordingly. This form consists of the name of the organisation, accounting year, gross profit, Depreciation, direct taxes and sums deduction. Every employer shall prepare & maintain the register showing the computation of allocation of surplus in form A.

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Sophie Asveld

February 14, 2019

Email is a crucial channel in any marketing mix, and never has this been truer than for today’s entrepreneur. Curious what to say.

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Sophie Asveld

February 14, 2019

Email is a crucial channel in any marketing mix, and never has this been truer than for today’s entrepreneur. Curious what to say.

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