Year Amount equal to

60% or 67% as the Set on or set

Total set on or
case may be, of off of the year
Amount payable as bonus set off carried
available surplus carried
forward
allocable as bonus forward

1 2 3 4 5
₹ ₹ ₹ ₹ of (year)
1 104,167 104167 0 0
2 635,000 250000( bomus is applicable 250000-
250000(2)
to this only) max20% 385000(remaining-)
3 220,000 25000-
220000+30000 0 30000=22000
0(2)
4 375,000 125000(3750 220000(2)
250000
00-250000) 125000(4)
5 140,000 110000(2)
220000-
140000+110000(20 0
11000)125000
(4)
6 310,000 310000-
125000(4)
250000 250000=6000
60000(6)
0
7 100,000 35000(6)6000
100000+125000(4)25000(5) 0
0-25000
8 Nil (due to loss) setoff
104167(including 35000 st on
69167(10416 69167(8)
from 6 yrs)
7-35000)
9 10,000 94167(10416 69167(8)
104167
7-10000) 94167(9)
10 215,000 110833-
69167=41666
104167 0 94167-
41666=52501(
9)
110833
385000(remaining-)
 Year Amount equal to
60% or 67% as the Set on or set
Total set on or
case may be, of off of the year
Amount payable as bonus set off carried
available surplus carried
forward
allocable as bonus forward

1 2 3 4 5
₹ ₹ ₹ ₹ of (year)
1 104,167 1,04,167** Nil Nil
2 635,000 Set on Set on
2,50,000*
2,50,000* 2,50,000 (2)
3 220,000 2,50,000* (inclusive of Set on
Nil
30,000 from year 2) 2,20,000 (2)
4 375,000 Set on
Set on
2,50,000* 2,20,000 (2)
125000
1,25,000 (4)
5 140,000 Set on
2,50,000* (inclusive of
Nil 1,10,000 (2)
1,10,000 from year 2)
1,25,000 (4)
6 310,000 Set on
Set on Nil***(2)
2,50,000*
60000 1,25,000 (4)
60,000 (6)
7 100,000 2,50,000* (inclusive of
Set on
1,25,000 from year 4 and Nil
35,000 (6)
25,000 from year 6)
8 Nil (due to loss) 1,04,167** (inclusive of Set off
Set off 69,167
35,000 from year 6) 69,167 (8)
9 10,000 Set off
Set off
1,04,167** 69,167 (8)
94,167
94,167 (9)
10 215,000 1,04,167** (after setting off
Set off 52,501
69,167 from year 8 and 41,666 Nil
(9)
from year 9)
Notes : * Maximum ** Minimum. *** The balance of 1,10,000 set on year 2 lapses.