37. Where in any accounting year,—

(a) an employer has paid any puja bonus or other customary bonus to

employee; or

(b) an employer has paid a part of the bonus payable under this Code to an

employee before the date on which such bonus becomes payable,

then, the employer shall be entitled to deduct the amount of bonus so paid from the amount

of bonus payable by him to the employee under this Code in respect of that accounting year

and the employee shall be entitled to receive only the balance.