Amendment status not verified — confirm the current text below against the official source.
Add also income, profits or gains (if any) credited directly to reserves, other than— 12(2) The Payment of Bonus Rules, 1975 (i) capital receipts and capital profits (including profits on the sale of capital assets on which depreciation has not been allowed for income-tax or agricultural income-lax); (ii) profits of, and receipts relating to, any business situated outside India; (iii) income of foreign concerns from investments outside India. Net total of Item No. 4