Define the following terms, as provided in the Payment of Bonus Act:
(i) ‘Accounting Year’:
(a) When used in regard to a corporation,
(b) When used in regard to a company, and
(c) When used in regard to any other cases (i.e. other than a corporation and company);
(ii) ‘Corporation’, ‘Company’, and ‘Establishment’;
(iii) Gross Profit:
(a) In the case of a banking company, and
(b) In other cases;
(iv) Available Surplus;
(v) Various items the sums whereof is required to be deducted from Gross Profit;
(vi) Allocable Surplus:
(a) In the case where a company (other than a banking company) is an employer, and
(b) In any other case;