Section 11: Bonus May Be Distributed as an Advance

1) If any enterprise fails not submit the balance-sheet and statement of profit and loss of such enterprise within the time limit as provided in sub-section (1) of Section 4, or if bonus could not be distributed within the time limit of Section 9 by the reasons of inquiry or examination conducted by the concerned Labour Office on the balance sheet and statement of profit and loss submitted pursuant to Sub-section (2) of Section 4, the management of such enterprise, after making tentative computation, shall have to distribute at least five percent of the net, income as bonus.

2) After preparation of the balance sheet and statement of profit and loss, or after the final assessment is made in this matter. If the amount of bonus distributed pursuant to the sub-section (1) is found to be less than the amount to be distributed as bonus, the difference amount shall have to be redistributed to the employees proportionately, having considered the previously distributed amount.

3) If the amount distributed as a bonus is found in excess of the amount assessed for distribution of bonus under sub-section (2), the excess amount, whatever may be, shall be deducted for recovery of it, while determining the net income of the enterprise in the next fiscal year.