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<h1>High Court rejects appeal on section 80M deduction under Income Tax Act</h1> The Bombay High Court dismissed the appeal related to deduction under section 80M of the Income Tax Act, 1961, as no substantial question of law was ... Deduction u/s.80M - Held that, their is no question of law involved in Appeal - The Tribunal has followed its own decision as referred to in paragraph No.20 of the judgment, which has not been challenged by the Revenue - Hence, the Appeal stands dismissed. The Bombay High Court dismissed the appeal regarding deduction u/s.80M of the I.T. Act 1961 as no substantial question of law was found. The Tribunal's decision was upheld. (2008 (7) TMI 598 - BOMBAY HIGH COURT)