Supreme Court of India
The Maharashtra State Electricity Board v. Maharashtra Veej Mandal Kamgar Sangh and Anr.
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
From the headnote
Labour Laws: Payment of Bonus Act, 1965-Sections 2(b), 4(b), 5, 6, 8, JO and I I read with Schedules II and Ill-Accounting years 1965-66 to 1969-70- Allocable surplus-Statutory undertaking other than a banking company Computation of gross profits of-Interest on bonds and government loans- Jf deductible under Section 6 or otherwise-Held, not deductible under Section 6(a) to (c) & (d) read with Schedule Ill-However, Industrial Tribunal directed to decide whether deductible to determine the net profits as mentioned at item 1 of Schedule //-Contention regarding determination of net profits…
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