The claim of the Respondent for return on reserves also must B be allowed because under s. 6(d) read with item 1 (iii) of the Third Schedule of the Bonus Act the Tribunal ought to have allowed 6% of the Company's reserves show_n in its balancesheet as at the commencement of the accounting year including any profits carried forward from the previous accounting year. A reference to the balance-sheet for the year ending 31-12-1964, C would show that the 3 items of reserves at the end of the previous year which will be the beginning of the accounting year r964 were (1) development rebate reserve-Rs. 1,82,174/-, (2) general reserve-Rs. 60,000/-, and (3) profit and loss accountRs. 5,323/- which together add to Rs. 2,47,497/-. A return of 63 on this amount should have been taken into account but instead the Tribunal allowed 6% on Rs. 4,92,349 /- which were D the reserves at the end of the year comprised of Rs. 1,86,091/as development rebate reserve, Rs. 30,000 /- as General reserve and Rs. 6,289 /- profit and loss account. The computation under the Bonus Act is as stated and not as the Tribunal has calculated. lt would make a difference of Rs. 14.000/- in respect of this item. We have at tl\e end of the arguments asked both_ the learned E Advocates to give us an agreed statement on the lines indicated above in respect of depreciation, development rebate and return oii re5erves. We give below that statement :
