APPLICABILITY OF ACT
Every factory wherein 10 or more persons are employed with the aid of power or An establishment In which 20 or more persons are employed without the aid of power on any day during an accounting year.
Sec. 1
ESTABLISHMENT
Establishment includes departments, undertakings and branches, etc.
COMPUTATION OF AVAILABLE SURPLUS
- Income tax and direct taxes as payable.
- Depreciation as per section 32 of Income Tax Act.
- Development rebate, investment or development allowance.