https://www.taxtmi.com/caselaws?id=63899 The Tribunal partially allowed the appeal, directing the Commissioner (Appeals) to re-examine the allocation of interest expenses under section 57 comprehensively. It upheld that the deduction under section 80M should be computed based on net dividend income after considering section 80K, to prevent any double benefit to the assessee. en-us Fri, 09 Nov 1984 00:00:00 +0530 Wed, 02 Feb 2011 16:11:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63899 The Tribunal partially allowed the appeal, directing the Commissioner (Appeals) to re-examine the allocation of interest expenses under section 57 comprehensively. It upheld that the deduction under section 80M should be computed based on net dividend income after considering section 80K, to prevent any double benefit to the assessee. Case-Laws Income Tax Fri, 09 Nov 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63899