This paper focuses mainly on the bounded Baire one functions. The uniform
norm topology arises from the sup-norm defined on the collection B1∗(X)
of all bounded Baire one functions. With respect to this topology, B1∗(X)
is a topological ring as well as a topological vector space. It is proved that
under uniform norm topology, the set of all positive units (respectively,
negative units) form an open set and as a consequence of it, every maximal
ideal is closed in B1∗(X). Since the natural extension of uniform norm
topology on B1(X), when B1∗(X)=B1(X), does not show up these
features, a topology called mB-topology is defined on B1(X) suitably to
achieve these results on B1(X). It is proved that the relative mB
topology coincides with the uniform norm topology on B1∗(X) if and only if
B1(X)=B1∗(X). Moreover, B1(X) with mB-topology is 1st countable if
and only if B1(X)=B1∗(X). The last part of the paper establishes a
correspondence between the ideals of B1∗(X) and a special class of
ZB-filters, called eB-filters on a normal topological space X. It is
also observed that for normal spaces, the cardinality of the collection of all
maximal ideals of B1(X) and those of B1∗(X) are same