BAREILLY ELECTRICITY SUPPLY CO. LTD. vs THE WORKMEN & ORS.

The Supreme Court addressed the computation of available surplus for bonus payment under the Industrial Disputes Act, emphasizing that the Tribunal must consider gross profits as per the Companies Act and allow for statutory deductions such as depreciation under the Income-tax Act. The Court held that depreciation for double shifts and income-tax must be factored into the surplus calculation, and that documents like balance sheets should be accepted without formal proof in industrial proceedings. The Tribunal's award of three months' bonus was upheld, affirming the principles for calculating available surplus.