BENGAL KAGAZKAL MAZDOOR UNION & ANOTHER vs THE TITAGHUR PAPER MILLS CO. LTD.

The Supreme Court addressed an industrial dispute regarding the computation of bonus for the years 1955 to 1959, as referred by the Government of West Bengal to the Second Industrial Tribunal. The Tribunal concluded there was no surplus for bonus distribution, which was challenged by the appellants on grounds including incorrect calculations of gross profits, income tax, working capital, and rehabilitation. The Court held that extraneous profits from stock revaluation should not be included in surplus calculations and emphasized the need for proper evidence to substantiate claims regarding working capital usage, ultimately finding the Tribunal's assumptions unsupported by evidence.